A-6
Trinidad and Tobago Unit Trust Corporation
Unit Trust Corporation
Annual Report 2012
TT DOLLAR INCOME FUND
STATEMENT OF CASH FLOWS
For the year ended 31 December, 2012
Expressed in Trinidad and Tobago Dollars
31-Dec-12
31-Dec-11
$‘000
$ ‘000
OPERATING ACTIVITIES
Net Investment Income
146,648
191,113
Adjustments to reconcile Net Investment Income to Net Cash
Flow From Operating Activities:
Impairment
79,434
-
Allocation to Distribution
(12,615)
(12,782)
Allocation to Primary Reserves
(700)
-
212,767
178,331
Movements in Working Capital
Decrease in Receivables
367,773
117,639
Decrease in Payables
(187,886)
(135,029)
Net Cash Flow From Operating Activities
392,654
160,941
INVESTING ACTIVITIES
Purchase of Investment Securities
(3,895,981)
(7,664,074)
Disposal of Investment Securities
6,800,114
5,528,945
Net Cash Flow From/(Used In) Investing Activities
2,904,133
(2,135,129)
FINANCING ACTIVITIES
Subscriptions
2,795,364
2,317,352
Redemptions
(2,261,692)
(1,870,938)
Distribution Payment
(131,233)
(175,531)
Payment to Reserves
(2,100)
(2,800)
Net Cash Flow From Financing Activities
400,339
268,083
NET INCREASE/(DECREASE) IN CASH
AND CASH EQUIVALENTS
3,697,126
(1,706,105)
Cash and Cash Equivalents at beginning of year
1,374,500
3,080,605
Cash and Cash Equivalents at end of year
5,071,626
1,374,500
