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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, 1995 <br />Statement 5 <br />Enterprise Funds <br />1995 1994 <br />Cash flows from operating activities: <br />Operating income (loss) ($12,093) ($88,430) <br />Adjustments to reconcile operating income (loss) to <br />net cash flows from operating activities: <br />Maintenance agreement - MCES 12,699 <br />Depreciation 304,475 287,098 <br />Change in assets and liabilities: <br />Decrease (increase) in receivables (13,972) (43,768) <br />Decrease (increase) in prepaid items (5,509) (1,664) <br />Increase (decrease) in payables (1,797) (777) <br />Net cash flows from operating activities 271,104 165,158 <br />Cash flows from noncapital financing activities: <br />Collection of area and unit charges 179,250 183,667 <br />Operating transfer to Capital Project Funds (179,250) (183,667) <br />Net cash flows from noncapital financing activities 0 0 <br />— Cash flows from capital and related financing activities: <br />Principal paid on revenue bonds (40,000) (25,000) <br />Interest and paying agent fees on revenue bonds (64,967) (66,548) <br />... Operating transfer from Capital Project Funds 104,565 91,548 <br />Acquisition of fixed assets (39,626) (1,617) <br />Net cash flows from capital and related financing activities (40,028) (1,617) <br />Cash flows from investing activities: <br />Interest on investments 26,275 11,957 <br />Net increase in cash and cash equivalents 257 ,351 175,498 <br />Cash and cash equivalents - January 1 297,189 121,691 <br />Cash and cash equivalents - December 31 $554,540 $297,189 <br />Noncash investing, capital and financing activities: <br />- Water and Sewer lines in the amount of $1,827,499 and $ -0- were contributed to the Water and Sewer Fund in 1995 <br />and 1994 respectively. <br />The accompanying notes are an integral part of these financial statements. <br />25 <br />