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Proceeds from bank loans$550,063 Proceeds from exercise ofsubsidiary options$293,986 Net cash provided byfinancing activities$533,635 Canceled cashflow$310,414 Net increase(decrease) in cash and cash...-$4,558,532 Canceled cashflow$533,635 Net income (loss)$962,039 Other current assets-$724,699 Depreciation andamortization$299,746 Provision for bad debts$92,045 Stock basedcompensation$61,000 Sales of property andequipment$60,835 Payments on finance leaseobligations and loans - net$310,414 Net cash provided byoperating activities-$4,748,680 Canceled cashflow$2,139,529 Net cash used ininvesting activities-$310,214 Effect of exchange ratechanges-$33,273 Canceled cashflow$60,835 Revenues in excess ofbilling$2,814,032 Accounts receivable$1,494,777 Unearned revenue-$1,345,539 Accounts payable andaccrued expenses-$1,171,149 Gain on sale of assets$62,712 Purchases of property andequipment$371,049
Cash Flow
source: myfinsight.com

NETSOL TECHNOLOGIES INC (NTWK)

NETSOL TECHNOLOGIES INC (NTWK)