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CITY OF LINO LAKES, MINNESOTA
<br />ENTERPRISE FUND
<br />COMBINING STATEMENT OF CASH FLOWS
<br />For The Year Ended December 31,1993
<br />With Comparative Totals For The Year Ended December 31,1992
<br />Statement 16
<br />Water and Gas Totals
<br />Sewer Utility 1993 1992
<br />Cash flows from operating activities:
<br />Operating income (loss) ($157,590) ($157,590) ($58,571)
<br />Adjustments to reconcile operating income (loss) to
<br />net cash flows from operating activities:
<br />Depreciation 252,823 252,823 145,344
<br />Change in assets and liabilities:
<br />Decrease (increase) in receivables (36,285) (36,285) (44,650)
<br />Decrease (increase) in prepaid items (7,258) (7,258) (12,212)
<br />Decrease (increase) in inventory 0 5,642
<br />Increase (decrease) in payables 34,094 ___131,0_194 35,264
<br />Net cash flows from operating activities 17,596 $0 17,596 70,813
<br />Cash flows from noncapital financing activities:
<br />Maintenance agreement - MWCC 7,294 7,294 13,061
<br />Collection of area and unit charges 132,175 132,175 96,712
<br />Operating transfer from Capital Project Funds 3,891 3,891
<br />Operating transfer to Capital Project Funds (132,175) , (132,175) (96,712)
<br />Net cash flows from noncapital financing activities 11,185 0 11,185 13,061
<br />Cash flows from capital and related financing activities:
<br />Bond proceeds 0 1,044,100
<br />Interest and paying agent fees on revenue bonds (89,347) (89,347)
<br />Operating transfer from Capital Project Funds 89,347 89,347
<br />Construction in progress (19,211) (19,211) (841,468)
<br />Net cash flows from capital and related financing activities (19,211) 0 (19,211) 202,632
<br />Cash flows from investing activities:
<br />Interest on investments 6,628 6,628 10,250
<br />Net increase in cash and cash equivalents 16,198 0 16,198 296,756
<br />Cash and cash equivalents - January 1 105,493 (2,424) 103,069 (193,687)
<br />Cash and cash equivalents - December 31 $121,691 ($2,424) $119,267 $103,069
<br />Noncash investing,
<br />capital and financing activities:
<br />- Water and Sewer lines in the amount of $6,095,881 and $724,999 were
<br />contributed to the Water and Sewer Fund in 1993 and 1992 respectively.
<br />JEWS
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<br />Mall 1,
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