NDAEB Annual Report 2019

The notes are an integral part of these financial statements. 7 National Dental Assisting Examining Board - Bureau national d'examen d'assistancedentaire Statement of Cash Flows For the year ended December 31 2019 2018 Cash provided by (used for): Operating activities Excess of revenues over expenses $ 161,862 $ 17,000 Add back amortization of tangible capital and Investing activities intangible assets 46,491 28,641 208,353 45,641 Net change in non-cash working capital balances (Note 2) 83,501 17,597 291,854 63,238 Purchase of tangible capital assets (20,315) (830,214) Proceeds from investment - 161,262 (20,315) (668,952) Cash flows from financing activities Increase in long-term debt - 527,681 Repayment of long-term debt (13,965) (2,144) (13,965) 525,537 Net increase (decrease) in cash 257,574 (80,177) Cash, beginning of the year 262,622 342,799 Cash, end of the year $ 520,196 $ 262,622