14 WAUBET EK BU SIN ES S DEVEL O PM E N T CORPO RA TIO N ST ATEM E N T O F CASH FLOWS A ugus t 31 201 4 w i t h com par a t i v e f i gur es f or 20 1 3 WAUBETEK BUSINESS DEVELOPMENT CORPORATIO N Statement of Cash Flows Year ended August 31 2014 with comparative information for 2013 2013 Operating Investment Total Total Cash provided by used for Cash flow from operating activities Excess deficiency of revenue over expenses 24477 5349 19128 466341 Items not involving cash Amortization of capital assets 12797 12797 10642 Provision for doubtful loans and interest recovery 353578 353578 108134 11680 358927 347247 368849 Change in noncash working capital balances Decrease increase in accounts receivable 248465 248465 127652 Increase in prepaid expenses 6693 6693 3480 Decrease increase in interest receivable 41317 41317 35467 Increase in accounts payable and accrued liabilities 43371 43371 30630 223467 400244 176777 488184 Financing activities Repayment of interfund balances 88614 88614 Increase in deferred operating contributions 205944 941475 1147419 759888 Net advances from National Aboriginal Capital Corporation Association 322380 322380 180188 294558 530481 825039 940076 Investing activities Purchase of capital assets 12459 12459 15201 Loan advances net of repayments 369682 369682 142009 12459 369682 382141 126808 Net increase decrease in cash 58632 561043 619675 1555068 Cash and cash equivalents beginning of year 222042 5319927 5541969 3986901 Cash and cash equivalents end of year 280674 5880970 6161644 5541969 Represented by Cash 280674 280674 262042 Restricted cash 5880970 5880970 5279927 280674 5880970 6161644 5541969 See accompanying notes to financial statements 2014 4