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RECYCLENET
CORPORATION |
Quarterly
- Sept - 2005: |Balance Sheets|
|Statements of Cash Flows| |Statements
of Operation| Back to Financial Index |
| For
the 9 months ended September 30th |
||
| 2005 | 2004 | |
| Cash Flows From Operating Activities | ||
Net Income (loss) |
$ (118,581) | 23,017 |
Adjustments to reconcile net income (loss) to net cash used by operating activities: |
||
Depreciation |
4,048 |
1,698 |
|
2,614 |
(7,103) |
Issuance of common shares for consulting services |
- | 4,140 |
Issuance of common shares for marketing expense |
1,250 |
- |
| Changes in assets and liabilities: | ||
|
5,060 |
5,060 |
Prepaid expenses |
3,193 |
1,574 |
|
15,606 |
625 |
|
28,606 |
38,113 |
|
(58,204) | 80,882 |
| Cash Flows From Investing Activities: | ||
|
4,502 |
4,502 |
Purchase of property and equipment |
(2,922) | (2,145) |
|
1,580 |
2099 |
| Cash Flows From Financing Activities | - | - |
| Effect
of Exchange Rate Changes on Cash |
2,440 | 10,288 |
| Net
Change in Cash |
(54,184) | 93,269 |
| Cash
at Beginning of Period |
274,244 |
213,296 |
| Cash at End of Period | 220,060 |
306,565 |
Quarterly
- Sept - 2005: |Balance Sheets|
|Statements of Cash Flows| |Statements
of Operation| Back to Financial Index |
|
