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CITY OF LINO LAKES, MINNESOTA <br />COMBINED STATEMENT OF CASH FLOWS - <br />PROPRIETARY FUND TYPE <br />For The Year Ended December 31, 1987 <br />Statement 5 <br />December 31, <br />1987 1986 <br />Cash Flows from Operating Activities: <br />Net income (loss) ($28,946) ($17,272) <br />Noncash expenses (revenues) included in net income: <br />Depreciation 23,612 23,514 <br />Decrease (increase) in receivables, prepaid expenses and inventory (12,598) (6,952) <br />Increase (decrease) in payables 7,006 (3,553) <br />Net cash provided by operating activities <br />Cash flows from investing activities: <br />Purchase of fixed assets <br />Net cash used by investing activities <br />Net increase (decrease) in cash <br />The accompanying notes are an integral part of these financial statements. <br />(10,926) (4,263) <br />(1,859) 0 <br />(1,859) 0 <br />($12,785) ($4,263) <br />