Company: MYCB
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001640334-25-002067
Chunk: 42

Company: My City Builders, Inc.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1
Chunk 42
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 of property  (17,793)  - Loss on disposition of subsidiaries  230,730   - Changes in operating assets and liabilities:        Prepaid expenses   (10,743)  34,858 Accounts receivable   (12,221)  (2,607)Accrued interest income  -   265 Accounts payable and accrued liabilities  (43,232)  (162,283)Rent deposit payable   1,000   - Homes inventory cost for sales  (233,357)  (82,888)Accrued interest - related party   -   3,958 Dividend payable   35,623   - Due from related party   (35,623)  - Due to related parties  1,410   16,889 Net cash used in operating activities  (504,584)  (483,064)         CASH FLOWS FROM INVESTING ACTIVITIES:        Payments for construction   (461,680)  (930,901)Purchases of property and equipment  (89,867)  - Proceeds from sales of property  169,871   - Net cash used in investing activities  (381,676)  (930,901)         CASH FLOWS FROM FINANCING ACTIVITIES:        Proceeds from bank borrowing  696,344   569,603 Repayment of bank borrowing  (517,500)  - Repayment of loans payable - related party   (28,500)  - Advances from related parties  1,302,700   1,108,700 Repayments to related parties  (575,200)  (395,811)Net cash provided by financing activities  877,844   1,282,492          Net change in cash  (8,416)  (131,473)Cash, beginning of period  20,245   151,718 Cash, end of period $11,829  $20,245          Supplemental cash flow information        Cash paid for interest $101,009  $71,671 Cash paid for taxes $1,128