239 Statement of Cash Flow for the year ending 31 December 2010 2010 U.S.$ 2009 U.S.$ (47,662) 85,071 73,044 248,170 (60,790) (9,511) 203,251 69,673 231,897 (57,087) ________ 329,554 2,024,590 (20,485) (1,995,732) (60,636) (39,005) 111,983 1,656,788 (19,164) (1,837,927) (13,469) (77,288) 38,494 Investment Activities: From the sale of fixed assets Cash flow from investment activities 9,511 9,511 ‐ __‐__ (Decrease) increase in cash and cash equivalent Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year 121,494 681,781 803,275 Cash flow from operating activities (Decrease) increase in net assets Adjustments: Depreciation Provision for employees’ indemnity Deferred recognized revenues Profits on sale of fixed assets Changes in Working Capital: Dues from donors Other assets Temporarily restricted contributions Accounts payable Paid employees’ allowances Net cash used in flow from operating activities 38,494 643,287 681,781 239 | P a g e