Ulster Rugby Annual Report 2015 - 2016

CASH FLOW STATEMENT AT 30 APRIL 2016

NOTE

30 APRIL

30 APRIL

2016

2015

£

£

Net cash flows from operating activities

12

69,271

1,623,898

Corporation tax paid

(102,709)

(81,319)

CASH FLOWS FROM INVESTING ACTIVITIES Purchase of equipment Net cash flows from investing activities CASH FLOWS FROM FINANCING ACTIVITIES Grants received Repayment of borrowings to IRFU (Dublin) Drawdown of funds from IRFU (Dublin) Net cash flows from financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year

35 35

(371,172) (371,172)

(2,050,313) (2,030,313)

453,370 (829,666)

1,574,931

—

—

20,030

(376,296) 780,906 2,402,063 1,621,157

1,594,961 1,087,227 1,314,836 2,402,063

Cash and cash equivalents at end of year