EGBC_AnnualReport_2023-2024

The Association of Professional Engineers and Geoscientists of the Province of British Columbia Non-consolidated Statement of Cash Flows For the year ended June 30, 2024

2024 $

2023 $

Cash provided by (used in) Operating activities Excess of revenue over expenses for the year

2,414,559

3,184,179

Item not affecting cash Amortization of property and equipment and intangible assets

723,685

631,552

3,138,244 377,839

3,815,731 421,117

Changes in working capital accounts (note 16)

3,516,083

4,236,848

Investing activities Investment in intangible assets Investment in property and equipment Proceeds on redemption and sale of investments

(345,070) (216,630) 37,746,407 (42,259,436)

(325,550) (446,199) 34,299,021 (36,236,383)

Purchase of investments

(5,074,729)

(2,709,111)

Change in cash and cash equivalents during the year Cash and cash equivalents – Beginning of year

(1,558,646)

1,527,737

4,779,251

3,251,514

Cash and cash equivalents – End of year

3,220,605

4,779,251

The accompanying notes are an integral part of these non-consolidated financial statements.