CAV Annual Report 2021

CENTURION AEROSPACE VILLAGE NPC Registration Number: 2000/006996/08 ANNUAL FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2021

STATEMENT OF CASH FLOWS

Notes(s)

2021

2020

R

R

Cash received from customers

18 940 974 (10 461 412)

16 394 395 (10 172 574)

Cash paid to suppliers and employees

Cash generated from operations

14

8 479 562

6 221 821

Net cash from operating activities

8 479 562

6 221 821

Cash flow in investing activities

Purchase of property plant and equipment

3 4

(2 793 376)

(17 964 935)

Purchase of intangible assets Purchase of long-term deposits

-

- - -

(81 000)

Proceeds on disposal of property plant and equipment

-

Net cash utilised in investing activities

(2 874 376)

(17 964 935)

Total cash movement of the year Cash at the beginning of the year

5 605 185 61 602 431

(11 743 116)

73 345 547

Total cash at the end of the year

67 207 616

61 602 431

CENTURION AEROSPACE VILLAGE NPC I ANNUAL REPORT I 2020/21

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