AUSTRALIAN ACCESS FEDERATION INCORPORATED ABN 13 155 355 685 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2016 Note 2016 2015 $ $ Cash flows from operating activities Receipts from operating activities 2,821,587 1,610,547 Interest received 14,711 19,130 Payments to suppliers and employees (2,263,175) (1,506,354) Net cash provided by operating activities 4(b) 573,123 123,323 Cash flows from investing activities Payments for plant & equipment (21,788) (16,105) Proceeds from disposals - - Net cash (used by) investing activities (21,788) (16,105) Net (Decrease)/Increase in cash held 551,335 107,218 Cash at the beginning of the year 1,286,069 1,178,851 Cash at the end of the year 4(a) 1,837,404 1,286,069 STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2016 Retained Earnings Total $ $ Balance at 31 December 2014 472,914 472,914 Net surplus (deficit) 13,154 13,154 Balance at 31 December 2015 486,068 486,068 Net surplus (deficit) 34,203 34,203 Balance at 31 December 2016 520,271 520,271 The statement of cash flows and statement of changes in equity should be read in conjunction with the accompanying notes to the accounts. - 5 - Income Statements · The statement of cash flows and statement of changes in equity should be read in conjunction with the accompanying notes to the accounts 26