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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, 1992
<br />Statement 16
<br />Water and Gas Totals
<br />Sewer Utility 1992 1991
<br />Cash flows from operating activities:
<br />—
<br />Operating income (loss) ($58,571) ($58,571) ($151,321)
<br />Adjustments to reconcile operating (loss) to
<br />net cash flows from operating activities:
<br />Depreciation 145,344 145,344 128,548
<br />Change in assets and liabilities:
<br />Decrease (increase) in receivables (44,650) (44,650) (27,915)
<br />Decrease (increase) in prepaid items (12,212) (12,212) 6,130
<br />Decrease (increase) in inventory 5,642 5,642 (3,297)
<br />Increase (decrease) in payables 35,260 35,260 19,727
<br />Net cash flows from operating activities 70,813 $0 70,813 (28,128)
<br />Cash flows from noncapital financing activities:
<br />Maintenance agreement - MWCC 13,061 13,061 14,564
<br />Collection of area and unit charges 96,712 96,712 52,320
<br />Operating transfer to Capital Project Funds (96,712) (96,712) (52,320)
<br />Net cash flows from noncapital financing activities 13,061 0 13,061 14,564
<br />Cash flows from capital and related financing activities:
<br />Bond proceeds 1,044,100 1,044,100 0 —
<br />Construction in progress (841,468) (841,468) (148,336)
<br />Net cash flows from capital and related financing activities 202,632 0 202,632 (148,336)
<br />Cash flows from investing activities:
<br />Interest on investments 10,250 10,250 623
<br />Net increase (decrease) in cash and cash equivalents 296,756 0 296,756 (161,277)
<br />Cash and cash equivalents - January 1 (191,263) (2,424) (193,687) (32,410)
<br />Cash and cash equivalents - December 31 $105,493 ($2,424) $103,069 ($193,687)
<br />Noncash investing,
<br />capital and financing activities:
<br />- Water and Sewer lines in the amount of $724,999 were
<br />contributed to the Water and Sewer Fund in 1992.
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