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15. Cash and cash equivalents2024 2023$ $Not restricted in use 3,581,480 3,101,521Restricted in use 670,000 652,0004,251,480 3,753,521Interest earning balances 2,287,749 1,721,463The rate of interest for the cash on interest earning balances was between 2.45% to 4.20% (2023: 0.20% to 4.20%) per annum.15A. Cash and cash equivalents in the statement of cash flow2024 2023$ $Amount as shown above 4,251,480 3,753,521Cash restricted in use (670,000) (652,000)Cash and cash equivalents for statement of cash flowspurpose at the end of the reporting year3,581,480 3,101,52115B. Reconciliation of liabilities arising from financing activitiesAtbeginning of yearCash flow Non-cash movementAt end of year$ $2024:Lease liabilities 15,291 (158,123) 297,477(a) 154,6452023:Lease liabilities 163,455 (150,026) 1,862 (a) 15,291(a) Non-cash changes pertain to additions of right-of-use assets of $288,689 (2023: Nil) andinterest expense of $8,788 (2023: $1,862).16. Provision2024 2023$ $Provision for restoration cost:Non-current - 38,000Current 38,000 -The provision is based on quotations from external contractors for removing leasehold improvements from leased properties.Financial Statement95 25TH ANNUAL REPORT | 2023 - 2024