Consolidated Statement of Changes in Equity FOR HOUSING INDUSTRY ASSOCIATION LIMITED ACN 004 631 752 F O RECEMBER 2017THE YEAR ENDED 31 D Retained Asset Total Earnings Revaluation Equity $ Reserv$e $ Balance at 1 January 2017 47,189,763 17,966,160 65,155,923 Profit for the year 552,123 - 552,123 Balance at 31 December 2017 47,741,886 17,966,160 65,708,046 Balance at 1 January 2016 46,438,875 17,966,160 64,405,035 Profit for the year 750,888 - 750,888 Balance at 31 December 2016 47,189,763 17,966,160 65,155,923 Consolidated Statement of Cash Flows FOR HOUSING INDUSTRY ASSOCIATION LIMITED ACN 004 631 752 FOR THE YEAR ENDED 31 DECEMBER 2017 2017 2016 $ $ Cash flows from operating activities Receipts from members and customers 78,996,724 74,500,024 Payments to suppliers and employees (74,086,159) (72,068,346) Interest received 18,405 13,484 Interest paid (20,710) (57,598) Net cash provided by/(used in) operating activities 4,908,260 2,387,564 Cash flows from investing activities Purchase of property, plant and equipment (1,855,598) (886,338) Purchase of intangibles (385,858) (1,038,262) Proceeds from sale of property, plant and equipment 222,119 100,067 Net cash provided by/(used in) investing activities (2,019,337) (1,824,533) Cash flows from financing activities Repayment of borrowings (500,000) (50,000) Net cash provided by/(used in) financing activities (500,000) (50,000) Net increase/(decrease) in cash and cash equivalents held 2,388,923 513,031 Cash and cash equivalents at beginning of year 806,100 293,069 Cash and cash equivalents at end of financial year 3,195,023 806,100 MAY 2018 HOUSING 103 HIA CONCISE FINANCIAL REPORT