|
|
Good News Statement of Cash Flows December 31, 1997 and 1996 |
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|
1997 |
1996 |
||||
| Cash Flows from Operating Activities | |||||
| Cash received from contributions |
$ |
1,019,345 |
$ |
865,179 |
|
| Cash received from magazine sources |
55,091 |
55,506 |
|||
| Cash received from retreats and assemblies |
10,298 |
||||
| Interest received |
10,204 |
7,314 |
|||
| Miscellaneous receipts |
12,616 |
27,113 |
|||
| Cash paid to employees and suppliers |
(1,014,192) |
(937,845) |
|||
Net cash received from operating activities |
$ |
93,362 |
$ |
17,267 |
|
| Cash Flows from Investing Activities | |||||
| Purchases of property and equipment |
$ |
(29,213) |
$ |
(23,445) |
|
| Transfers to purchase equipment |
-- |
-- |
|||
Net cash used in investing activities |
$ |
(29,213) |
$ |
(23,445) |
|
| Cash Flows from Financing Activities | |||||
| (Increase)/decrease in restricted cash |
$ |
(126,909) |
$ |
60,204 |
|
Net cash used in financing activities |
(126,909) |
60,204 |
|||
| Net Increase (decrease) in cash and equivalents |
$ |
(62,760) |
$ |
54,026 |
|
| Cash and cash equivalents at beginning of year |
194,329 |
140,303 |
|||
| Cash and cash equivalents at end of year |
$ |
131,569 |
$ |
194,329 |
|