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EXCEL - IDEA: XBRL DOCUMENT - Novagen Ingenium Inc.Financial_Report.xls
10-Q - NOVAGEN 10-Q - Novagen Ingenium Inc.novagen_10q-093012.htm
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v2.4.0.6
CONSOLIDATED STATEMENT OF CASH FLOWS PREDECESSOR BUSINESS (Predecessor Business [Member], USD $)
6 Months Ended 9 Months Ended
Jun. 25, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net profit/(loss) for the period $ (115,254) $ (5,482)
Depreciation 9,097 627
Non cash gain on acquisition 0 0
Changes in assets and liabilities:    
Inventory (137,634) 0
Prepaid expense 0 0
Receivables (851) (1,400)
Accounts payable and accrued liabilities 2,629 0
Net cash used by operating activities (242,013) (6,255)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash proceeds from acquisitions 0 0
Purchase of property & equipment (337,370) (4,070)
Net cash used by investing activities (337,370) (4,070)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Due to related party 0 0
Additional paid in capital 554,840 100
Proceeds from notes payable 1,168 10,593
Net cash provided by financing activities 556,008 10,693
NET INCREASE (DECREASE) IN CASH (23,375) 368
Foreign currency translation gain 20,813 305
CASH, BEGINNING OF PERIOD 2,729 0
CASH, END OF PERIOD 167 673
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 0 0
Income taxes paid $ 0 $ 0