Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.5.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 7 Months Ended 12 Months Ended
Mar. 31, 2015
Mar. 31, 2016
Cash flows from operating activities    
Net loss $ (138,634) $ (491,999)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation expense 278 3,305
Deferred tax liabilities 240 (240)
Changes in operating assets and liabilities:    
Employee receivables (1,300) 1,300
Prepaid expenses (483) (49,892)
Accounts payable 46,632 3,597
Accrued payroll and other liabilities 4,700 (4,700)
State tax payable 100 0
Net cash used in operating activities (88,467) (538,629)
Cash flows from investing activities    
Purchase of fixed assets (8,815) (199)
Cash resulting from acquisition of BMB Munai, Inc. 0 8,589,354
Net cash provided by (used in) investing activities (8,815) 8,589,155
CASH FLOWS FROM FINANCING ACTIVITIES    
Capital contributions 500,000 180,000
Net cash provided by financing activities 500,000 180,000
NET CHANGE IN CASH AND CASH EQUIVALENTS 402,718 8,230,526
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 0 402,718
CASH AND CASH EQUIVALENTS, END OF PERIOD 402,718 8,633,244
Supplemental disclosure of Cash Flows for:    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Non-cash Investing and Financing:    
Assumption of liabilities in connection with acquisition of BMB Munai, Inc. $ 0 $ 8,573,368