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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 31,1988 <br />Statement 5 <br />December 31, <br />1988 1987 <br />Cash Flows from Operating Activities: <br />Net income (loss) $10,866 ($28,946) <br />Noncash expenses (revenues) included in net income: <br />Depreciation 23,343 23,612 <br />Decrease (increase) in receivables, prepaid expenses and inventory (13,351) (12,598) <br />Increase (decrease) in payables (442) 7,006 <br />Net cash provided by operating activities 20,416 (10,926) <br />Cash flows from investing activities: <br />Purchase of fixed assets (1,859) <br />Net cash used by investing activities 0 (1,859) <br />Net increase (decrease) in cash $20,416 ($12,785) <br />The accompanying notes are an integral part of these financial statements. <br />