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Annual Financial Report 12/31/1984
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Annual Financial Report 12/31/1984
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Annual Financial Report
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12/31/1984
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CITY OF LINO LAKES, MINNESOTA <br />Statement 5 <br />CONDENSED COMBINED STATEMENT OF CHANGES IN FINANCIAL POSITION - <br />PROPRIETARY FUND TYPE <br />For The Year Ended December 31, 1984 <br />December 31, <br />1984 1983 <br />Sources of working capital: <br />Operations: <br />Net operating loss $ (20,646) $ (21,164) <br />Add: Items not requiring a current outlay <br />of working capital: <br />Depreciation 21,842 21,842 <br />Total working capital provided by operations 1,196 678 <br />Contributed equity from other funds 58,005 <br />Total sources of working capital 1,196 58,683 <br />Uses of working capital: <br />Additions to property and equipment 58,445 <br />Total uses of working capital -0- 58,445 <br />Increase in working capital <br />$ 1,196 $ 238 <br />Components of increase in working capital: <br />Cash (overdraft) $ (4,546) $ 5,777 <br />Accounts receivable 2,075 1,937 <br />Due from County 119 <br />Due from other governmental units 1,174 (4,768) <br />Due to other governmental units 3,257 (3,297) <br />Prepaid expenses 37 (184) <br />Inventory 149 (389) <br />Accounts payable (649) 1,442 <br />Customer deposits (420) (280) <br />Net increase in working capital <br />1,196 $ 238 <br />The accompanying notes are an integral part of these financial statements. <br />
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