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EXCEL - IDEA: XBRL DOCUMENT - Novagen Ingenium Inc.Financial_Report.xls
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v2.4.0.6
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net profit/(loss) for the period $ (89,143) $ (17,301)
Depreciation 29,125 0
Non cash gain on acquisition (398,676) 0
Changes in assets and liabilities:    
Inventory (8,461)  
Prepaid expense 0 7,833
Receivables (39,500) 0
Accounts payable and accrued liabilities 97,522 2,755
Net cash used by operating activities (409,133) (6,713)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash proceeds from acquisitions 168 0
Purchase of property & equipment (56,219) 0
Net cash used by investing activities (56,051) 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Due to related party 0 6,713
Additional paid in capital 106,841 0
Proceeds from notes payable 466,197 0
Net cash provided by financing activities 573,038 6,713
NET INCREASE (DECREASE) IN CASH 107,854 0
Foreign currency translation gain 478 0
CASH, BEGINNING OF PERIOD 0 0
CASH, END OF PERIOD 108,332 0
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 0 0
Income taxes paid $ 0 $ 0