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FINANCIAL STATEMENTS
Big Rock Brewery Ltd.
STATEMENT OF CHANGES IN FINANCIAL POSITION
Years ended March 31
1996 1995
$ $
__________ __________
(Denominated in Canadian Dollars)
Operating activities
Net income for year 1,303,923 1,742,332
Items not affecting cash
Amortization 681,025 405,451
(Gain) loss on disposal of capital assets (22,554) 441,130
Deferred income taxes 532,400 522,000
Net change in non-cash working capital [note 14] (442,811) (1,333,187)
___________ __________
Cash provided by operating activities 2,051,983 1,777,726
___________ __________
Financing activities
Construction loan borrowings 8,751,246 --
Term loan repayments (225,007) (292,426)
Term loan borrowings -- 1,300,000
Advances (repayments) under demand operating loans, net (365,754) 365,754
Share capital issued 41,502 40,000
Increase in construction costs payable 1,281,187 --
___________ __________
Cash provided by financing activities 9,483,174 1,413,328
___________ __________
Investing activities
Additions to capital assets (11,323,613) (3,681,936)
Increase in deferred charges and other assets (33,290) (19,535)
Proceeds on disposal of capital assets 39,997 198,457
___________ __________
Cash used in investing activities (11,316,906) (3,503,014)
___________ __________
Net increase (decrease) in cash 218,251 (311,960)
Cash, beginning of year -- 311,960
___________ __________
Cash, end of year 218,251 --
___________ __________
___________ __________
See accompanying notes.
This Annual Report
Financial
Highlights | Report to
Shareholders
Management Discussion
and Analysis | Auditors'
Report
Financial
Statements and Notes |
Corporate
Information

Big Rock Brewery
5555 76th Ave S.E., Calgary, Alberta,
Canada, Phone: 403-720-3239, Fax: 403-236-7523
ale@bigrockbeer.com
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