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CITY OF LINO LAKES, MINNESOTA
<br />ENTERPRISE FUND
<br />COMBINING STATEMENT OF CASH FLOWS
<br />For The Year Ended December 31, 1991
<br />Statement 16
<br />Gas Totals
<br />Water and Sewer Utility 1991 1990
<br />Cash flows from operating activities:
<br />Operating (loss) ($98,952) ($49) ($99,001) ($33,950)
<br />Adjustments to reconcile operating (loss) to
<br />net cash flows from operating activities:
<br />Depreciation 128,548 128,548 73,251
<br />Change in assets and liabilities:
<br />Decrease (increase) in receivables (27,915) (27,915) (19,675)
<br />Decrease (increase) in prepaid items 6,130 6,130 (6,532)
<br />Decrease (increase) in inventory (3,297) (3,297) 3,558
<br />Increase (decrease) in payables 22,102 (2,375) 19,727 10,949
<br />Net cash flows from operating activities 26,616 (2,424) 24,192 27,601
<br />Cash flows from
<br />noncapital financing activities:
<br />Maintenance agreement - MWCC
<br />Operating transfer to Capital Project Funds
<br />Net cash flows from
<br />noncapital financing activities
<br />14,564
<br />(52,320)
<br />(37,756)
<br />14,564 7,233
<br />(52,320) (80,365)
<br />0 (37,756) (73,132)
<br />Cash flows from capital
<br />and related financing activities:
<br />Purchase of fixed assets 0 (6,044)
<br />Construction in progress (148,336) (148,336)
<br />Net cash flows from
<br />capital and related financing activities (148,336) 0 (148,336) (6,044)
<br />Cash flows from investing activities:
<br />Interest on investments 623 623 256
<br />Net increase (decrease) in cash and cash equivalents (158,853) (2,424) (161,277) (51,319)
<br />Cash and cash equivalents - January 1 (32,410) 0 (32,410) 18,909
<br />Cash and cash equivalents - December 31 ($191,263) ($2,424) ($193,687) ($32,410)
<br />Non cash investing,
<br />capital and financing activities:
<br />- Equipment in the amount of $24,133 was
<br />contributed to the Water and Sewer Fund in 1991.
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