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CITY OF LINO LAKES, MINNESOTA <br />COMBINED STATEMENT OF CASH FLOWS - <br />ALL PROPRIETARY FUND TYPES <br />For The Year Ended December 31, 1990 <br />Statement 5 <br />Totals <br />(Memorandum Only) <br />1990 1989 <br />Cash flows from operating activities: <br />Operating (loss) ($33,950) ($37,731) <br />- Adjustments to reconcile operating (loss) to <br />net cash flows from operating activities: <br />Depreciation 73,251 67,770 <br />Change in assets and liabilities: <br />Decrease (increase) in receivables (19,675) (17,298) <br />Decrease (increase) in prepaid items (6,532) 3,968 <br />Decrease (increase) in inventory 3,558 (3,166) <br />Increase (decrease) in payables 10,949 3,747 <br />Net cash flows from operating activities 27,601 17,290 <br />Cash flows from noncapital financing activities: <br />— Maintenance agreement - MWCC 7,233 10,656 <br />Operating transfer to Capital Project Fund (80365) <br />Net cash flows from noncapital financing activities (73,132) 10,656 <br />— <br />Cash flows from capital and related financing activities: <br />Purchase of fixed assets (6,044) (2,311) <br />- Cash flows from investing activities: <br />Interest on investments 256 <br />Net increase (decrease) in cash and investments (51,319) 25,635 <br />Cash and investments - January 1 18,909 (6,726) <br />Cash and investments - December 31 ($32,410) $18,909 <br />Noncash investing, capital and financing activities: <br />- Distribution system assets in the amount of $939,204 were contributed to the Water and Sewer Fund in 1990. <br />Immo <br />- Collection system assets in the amount of $1,813,155 were contributed to the Water and Sewer Fund in 1990. <br />The accompanying notes are an integral part of these financial statements. <br />