Annual report pursuant to section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (65,156) $ (9,735)
Adjustments to reconcile net income (loss) to net cash used in operating activities    
Depreciation expense 24 0
Impairment of goodwill 30,000 0
Changes in operating assets and liabilities:    
Accounts receivable 3,809 3,374
Prepayments and other current assets 0 (20)
Accounts payable 2,351 (2,316)
Payroll liabilities 32 (6,478)
Sales tax payable 45 (62)
NET CASH USED IN OPERATING ACTIVITIES (28,895) (15,237)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (2,045) 0
NET CASH USED IN INVESTING ACTIVITIES (2,045) 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from shareholder advance 16,050 0
S Corp. stockholder's capital distribution 0 (1,608)
Proceeds from sales of common stock 0 33,020
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 16,050 31,412
NET CHANGE IN CASH (14,890) 16,175
Cash at beginning of period 22,419 6,244
Cash at end of period 7,529 22,419
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Interest paid 0 0
Income tax paid $ 0 $ 0