Page 84 - Safaricom Foundation Annual Report 2020-2021

STATEMENT OF FINANCIAL POSITION
Year ended 31 March 2020
At 1 1 April 2019
Surplus for the year
At 31 March 2020
Year ended 31 March 2021
At 1 April 2020
Deficit for the year
At 31 March 2021
CASH FLOWS FROM OPERATING ACTIVITIES
(Deficit)/surplus for the year
Interest income from investments Adjustments for:
Changes in in working capital
- Decrease in other receivables
- Increase/(decrease) in payables and accrued expenses
Net cashflow (used in)/generated from operating activities
Cash flows from investing activities
Purchase of treasury bills
Proceeds from maturity of treasury bills
Interest income from investments Net cash flows generated from/(used in) investing activities
Decrease in cash cash and cash cash equivalents
Cash and cash equivalents
at beginning of the year
Cash and cash equivalents
at end of the year
Trust fund Shs
100
- 100
100
- 100
Notes
6(a)
Revenue reserve fund Shs
328 529 756
89 392 494
417 922 250
417 922 250
(358 099 631)
59 822 719
2021
Shs
(358 099 631)
(5 645 908)
- 29 007 778
(334 737 761)
(19 227 399)
207 054 092
5 5 645 908 193 472 601
(141 265 160)
232 949 157
91 683 997
Total Shs
328 529 856
89 392 494
417 922 350
417 922 350
(358 099 631)
59 822 719
2020
Shs
89 392 494
(11 012 427)
19
272 630
(4 665 435)
92 987 262
(364 377 177)
242 100
000
(122 277 177 (29 289 915)
262
239 072
232 949 157
10 9
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Safaricom Foundation Annual Report