Page 49 - Demo

Statement of Cash Flows
Year Ended March 31, 2023
(in thousands)
Operating transactions
Annual surplus
Non-cash items included in annual surplus:
Loss (Gain) on portfolio investments (Note 7) Amortization of tangible capital assets (Note 10)
Increase in accounts receivable
Increase in accounts payable and other accrued liabilities (Increase) decrease in prepaid expense
Cash provided by operating transactions
Capital transactions
Acquisition of tangible capital assets (Note 10) Cash (applied) to capital transactions
Investing transactions
Purchase of portfolio investments (Note 7)
Distributions received from limited partnerships (Note 7) Cash (applied to) provided by investing transactions
Increase (decrease) in cash
Cash and Cash Equivalents, Beginning of Year Cash and Cash Equivalents, End of Year
The accompanying notes and schedules are part of these financial statements.
$
2022 52,581
(4,689) –
47,892
(46,902) 79
522 1,591
– –
(30,866) 20,929
(9,937)
(8,346) 47,041 38,695
2023
$ 43,834
4,806
15
48,655
(180)
974
(318)
49,131
(394)
(394)
(29,920)
6,977
(22,943)
25,794
38,695
$ 64,489
$
2022 2023
47