| Online Bookkeeping Service – Reports Completed by Integra Online Bookkeeping | |||||||||
| MISTY MOUNTAINS INC | |||||||||
| Statement of Cash Flows | |||||||||
| As of Dec 31 2009 | |||||||||
| Description | Jan - Dec 2009 | ||||||||
| OPERATING ACTIVITIES | |||||||||
| Net Income | 362,825.82 | ||||||||
| Adjustments to reconcile Net Income | |||||||||
| to net cash provided by operations: | |||||||||
| Accounts Receivable | -23,578.30 | ||||||||
| Inventory Asset | -19,720.80 | ||||||||
| Accounts Payable | 3,685.01 | ||||||||
| Credit Cards:MasterCard | 9,654.15 | ||||||||
| Credit Cards:Visa | 7,966.05 | ||||||||
| GST/HST Payable | 2,707.48 | ||||||||
| PST Payable | 1,794.31 | ||||||||
| Net cash provided by Operating Activities | 345,333.72 | ||||||||
| INVESTING ACTIVITIES | |||||||||
| Property Plant & Equipment:Computer Equipment:Cost | -5,940.00 | ||||||||
| Property Plant & Equipment:Computer Software:Cost | -832.00 | ||||||||
| Property Plant & Equipment:Vehicles:Cost | -6,480.00 | ||||||||
| Net cash provided by Investing Activities | -13,252.00 | ||||||||
| FINANCING ACTIVITIES | |||||||||
| Term Loan | 96,150.00 | ||||||||
| Net cash provided by Financing Activities | 96,150.00 | ||||||||
| Net cash increase for period | 428,231.72 | ||||||||
| Cash at beginning of period | -309,872.68 | ||||||||
| Cash at end of period | 118,359.04 | ||||||||
| Online Bookkeeping Services | |||||||||