C S E G AN N U AL RE P O R T 2 0 17 40 FI N A N CI A L S CA NA DIA N S O CIE T Y OF EXP LORA T I ON G E OPHY SICIST S S t at e m e nt of Ca sh Flo w s Y ear E nde d De cember 31 20 17 20 17 20 16 OPE R A T IN G A C T IVIT IES Def icie n c y of r e ve nu es o ve r ex p en dit ur es 3 062 2 710 54 Ite m s n ot a f f ec tin g c a s h A m or t iz atio n of f ur n it ur e a nd e quip m e nt 33 63 49 67 W r it e d ow n of c o nv entio n dev elo pm e nt f u nd 93 50 3 01 2 567 37 Cha nges in non c a s h w or k i ng capit al 1 044 1 37 962 2 Cas h f lo w f r o m op er ati ng ac t iv it ie s 1 014 0 12 288 5 INV ES T ING A C T IVIT Y P ur c h as e of f u r nit ur e and equ ip m en t 5 98 Cas h f lo w f r o m u s ed by in v es tin g ac ti vit y 5 98 F I N A NCI N G A C T IVIT Y T r a ns f e r o f gen er al f un ds to r e s tr icte d f un ds 3 600 00 Cas h f lo w f r o m u s ed by f in a nc in g ac tiv it y 3 600 00 DE C RE A SE IN CA S H F L OW 1 073 8 2 371 15 Cas h b egin n in g of y e ar 12 417 32 14 788 47 CA S H END OF YEA R 12 309 94 12 417 32 CA S H C ON S IST S OF Cas h 15 936 2 17 010 0 Res t r icted as s e ts 10 716 32 10 716 32 12 309 94 12 417 32 S ee n otes to f in an c ia l s ta tem e nts 4 CA NA DIA N S O CIE T Y OF EXP LORA T I ON G E OPHY SICIST S S t at e m e nt of Ca sh Flo w s Y ear E nde d De cember 31 20 17 20 17 20 16 OPE R A T IN G A C T IVIT IES Def icie n c y of r e ve nu es o ve r ex p en dit ur es 3 062 2 710 54 Ite m s n ot a f f ec tin g c a s h A m or t iz atio n of f ur n it ur e a nd e quip m e nt 33 63 49 67 W r it e d ow n of c o nv entio n dev elo pm e nt f u nd 93 50 3 01 2 567 37 Cha nges in non c a s h w or k i ng capit al 1 044 1 37 962 2 Cas h f lo w f r o m op er ati ng ac t iv it ie s 1 014 0 12 288 5 INV ES T ING A C T IVIT Y P ur c h as e of f u r nit ur e and equ ip m en t 5 98 Cas h f lo w f r o m u s ed by in v es tin g ac ti vit y 5 98 F I N A NCI N G A C T IVIT Y T r a ns f e r o f gen er al f un ds to r e s tr icte d f un ds 3 600 00 Cas h f lo w f r o m u s ed by f in a nc in g ac tiv it y 3 600 00 DE C RE A SE IN CA S H F L OW 1 073 8 2 371 15 Cas h b egin n in g of y e ar 12 417 32 14 788 47 CA S H END OF YEA R 12 309 94 12 417 32 CA S H C ON S IST S OF Cas h 15 936 2 17 010 0 Res t r icted as s e ts 10 716 32 10 716 32 12 309 94 12 417 32 S ee n otes to f in an c ia l s ta tem e nts 4