Nyrada Inc Annual Report 2020

NYRADA INC (ASX:NYR) 46 21. Cash Flow information a) Reconciliation of loss after income tax to net cash used in operating activities Consolidated 2020 2019 $ $ Loss after income tax expense for the year (5,773,667) (4,095,130) Adjustments for: Depreciation and amortisation 1,484 1,406 Share-based payments 2,204,324 503,333 Unwinding of the interest on convertible notes 140,355 650,899 Change in operating assets and liabilities: Decrease/(increase) in trade and other receivables (1,078,839) 20,366 Increase/(decrease) in trade and other payables 68,340 901,487 Increase/(decrease) in employee benefits 692 12,280 Effects of exchange rate changes on cash and cash equivalents 26,688 - Net cash used in operating activities (4,410,623) (2,005,359) b) Reconciliation of Cash Cash at the end of financial year as included in the statement of cash flows is reconciled to the related items in the statement of financial position as follows: Consolidated 2020 2019 $ $ Cheque account 100,056 1,089,222 USD account 298,724 13,175 Saving bonus 4,747,389 Term deposit - - 5,146,169 1,102,397