BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | NON-CONSOLIDATED ANNUAL REPORT 2020 27 10 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED Non-consolidated Statement of Cash Flows For the year ended March 31, 2020 With comparative figures for 2019 (Expressed in Barbados dollars) Notes 2020 2019 Cash Flows from Financing Activities Payment of lease liability 17 $ (732,358) - Issue of shares 732,120 800,640 Entrance fees received 30,505 33,360 Redemption of shares (124,320) (105,840) Distributions to members (3,574,873) (3,361,215) Net cash used in financing activities (3,668,926) (2,633,055) Net increase in cash and cash equivalents 63,264,991 102,528,096 Cash and cash equivalents, beginning of year 197,823,807 95,295,711 Cash and cash equivalents, end of year 9 $ 261,088,798 197,823,807 The accompanying notes form an integral part of these non-consolidated financial statements.
RkJQdWJsaXNoZXIy MTA2MDM=