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RISE, INC. <br />Statements of Cash Flows <br />Years Ended December 31. 1993 and 1992 <br />1993 1992 <br />OPERATING ACTIVITIES <br />Excess of support and revenue over expenses after <br />capital additions $ 326,146 $ 411,283 <br />Non-cash items included in net income <br />Depreciation and amortization 221,423 194,672 <br />Provision for bad debts 75 6,925 <br />(Gain) loss on sale of assets 6,117 (2,125) <br />Stock contribution (4,118) <br />Cash provided by operations before changes in operating <br />assets and liabilities $ 549,643 $ 610,755 <br />Changes in operating assets and liabilities <br />Receivables (198,532) (9,345) <br />Restricted deposits 17,265 (19,058) <br />Other assets (28,138) 23,974 <br />Accounts payable 49,470 (598,270) <br />Other liabilities 53,636 98,486 <br />Deferred revenue (17,265) 19,058 <br />CASH PROVIDED BY OPERATING ACTIVITIES $ 426,079 $ 125,600 <br />INVESTING ACTIVITIES <br />Acquisition of building improvements and equipment $ (205,542) $ (265,324) <br />Proceeds from sale of equipment 3,500 2,300 <br />CASH PROVIDED (USED) BY INVESTING ACTIVITIES $ (202,042) $ (263,024) <br />FINANCING ACTIVITIES <br />Proceeds from long-term debt $ 200,000 <br />Payment of finance costs (5,680) <br />Payments on long-term debt $ (177,901) (22,982) <br />CASH PROVIDED (USED) BY FINANCING ACTIVITIES $ (177,901) $ 171,338 <br />NET INCREASE IN CASH $ 46,136 $ 33,914 <br />CASH - beginning of year 610,037 576,123 <br />CASH - end of year <br />See accompanying notes to financial statements. <br />$ 656,173 $ 610,037 <br />