Cash Flow Statement (Years 1-5)

Cash Flow Statement (Years 1–5)
Item Year 1 Year 2 Year 3 Year 4 Year 5
Net Income R1,454,008 R3,505,104 R6,972,119 R10,271,185 R13,901,145
Add Back Depreciation R95,000 R95,000 R95,000 R95,000 R95,000
Changes in Working Capital R0 R0 R0 R0 R0
Cash from Operations R1,549,008 R3,600,104 R7,067,119 R10,366,185 R13,996,145
Cash from Investing -R500,000 -R500,000 -R500,000 -R500,000 -R500,000
Cash from Financing R0 R0 R0 R0 R0
Net Cash Flow R1,049,008 R3,100,104 R6,567,119 R9,866,185 R13,496,145
Beginning Cash R1,000,000 R2,049,008 R5,149,112 R11,716,231 R21,582,416
Ending Cash R2,049,008 R5,149,112 R11,716,231 R21,582,416 R35,078,561