Statement of Change in Net Debt ($'000)
|
For the Year Ended March 31, 2023 |
Note(s) |
2023 Budget |
2023 Actual |
2022 Actual |
|---|---|---|---|---|
|
Annual Deficit |
|
|
$ — |
$ — |
|
Acquisition of Tangible Capital Assets |
(3,774) |
(795) |
(2,477) |
|
|
Amortization of Tangible Capital Assets |
3,534 |
1,942 |
1,771 |
|
| (Increase) in Prepaid Expenses |
— |
(644) |
(51) |
|
|
|
(240) |
503 |
(757) |
|
|
(Increase) Decrease in Net Debt |
(240) |
503 |
(757) |
|
|
Net Debt, Beginning of Year |
(14,586) |
(14,586) |
(13,829) |
|
|
Net Debt, End of Year |
$ (14,826) |
$ (14,083) |
$ (14,586) |
See accompanying notes to the financial statements.