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CITY OF LINO LAKES, MINNESOTA
<br />STATEMENT OF CASH FLOWS
<br />PROPRIETARY FUNDS
<br />For The Year Ended December 31, 2017
<br />Statement 9
<br />Cash flows from capital and related financing activities:
<br />Acquisition of capital assets
<br />Business -Type
<br />Activities - Enterprise
<br />Funds
<br />Net cash flows provided by (used in)
<br />601 Water
<br />602 Sewer
<br />Totals
<br />Cash flows from operating activities:
<br />(23,000)
<br />0
<br />(23,000)
<br />Receipts from customers and users
<br />$1,136,110
<br />$1,695,698
<br />$2,831,808
<br />Payment to suppliers
<br />(444,107)
<br />(1,301,838)
<br />(1,745,945)
<br />Payment to employees
<br />(248,394)
<br />(252,391)
<br />(500,785)
<br />Net cash flows provided by operating activities
<br />443,609
<br />141,469
<br />585,078
<br />Cash flows from noncapital financing activities:
<br />$5,477,346
<br />$8,444,352
<br />$13,921,698
<br />Interfund loans provided to other funds
<br />-
<br />(355,839)
<br />(355,839)
<br />Transfers in
<br />104,969
<br />104,969
<br />209,938
<br />Transfers out
<br />(35,727)
<br />(35,727)
<br />(71,454)
<br />Net cash flows provided by (used in)
<br />noncapital financing activities
<br />69,242
<br />(286,597)
<br />(217,355)
<br />Cash flows from capital and related financing activities:
<br />Acquisition of capital assets
<br />(23,000)
<br />-
<br />(23,000)
<br />Net cash flows provided by (used in)
<br />capital and related financing activities
<br />(23,000)
<br />0
<br />(23,000)
<br />Cash flows from investing activities:
<br />Investment earnings
<br />39,612
<br />66,876
<br />106,488
<br />Net increase (decrease) in cash and cash equivalents
<br />529,463
<br />(78,252)
<br />451,211
<br />Cash and cash equivalents - January 1
<br />4,947,883
<br />8,522,604
<br />13,470,487
<br />Cash and cash equivalents - December 31
<br />$5,477,346
<br />$8,444,352
<br />$13,921,698
<br />Reconciliation of operating income to net
<br />cash provided by operating activities:
<br />Operating income (loss)
<br />($94,415)
<br />($202,858)
<br />($297,273)
<br />Adjustments to reconcile operating income
<br />(loss) to net cash flows from operating activities:
<br />Depreciation
<br />580,804
<br />477,094
<br />1,057,898
<br />Changes in assets and liabilities:
<br />Decrease (increase) in due from other governmental units
<br />-
<br />409
<br />409
<br />Decrease (increase) in accounts receivable - net
<br />(14,724)
<br />(3,674)
<br />(18,398)
<br />Decrease (increase) in prepaid items
<br />906
<br />1,259
<br />2,165
<br />Decrease (increase) in inventory
<br />51,459
<br />-
<br />51,459
<br />Decrease (increase) in deferred outflows of resources
<br />35,592
<br />35,592
<br />71,184
<br />Increase (decrease) in payables
<br />(96,700)
<br />(146,504)
<br />(243,204)
<br />Increase (decrease) in other accrued liabilities
<br />(46)
<br />(582)
<br />(628)
<br />Increase (decrease) in compensated absences
<br />83
<br />83
<br />166
<br />Increase (decrease) in other post employment benefits
<br />4,240
<br />4,240
<br />8,480
<br />Increase (decrease) in net pension liability
<br />(31,955)
<br />(31,955)
<br />(63,910)
<br />Increase (decrease) in deferred inflows of resources
<br />8,365
<br />8,365
<br />16,730
<br />Total adjustments
<br />538,024
<br />344,327
<br />882,351
<br />Net cash provided by operating activities
<br />$443,609
<br />$141,469
<br />$585,078
<br />Noncash investing, capital and financing activities:
<br />Contributions of capital assets $587,854 $418,385 $1,006,239
<br />The accompanying notes are an integral part of these financial statements.
<br />43
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