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CITY OF LINO LAKES, MINNESOTA
<br />STATEMENT OF CASH FLOWS - PROPRIETARY FUNDS
<br />Year Ended December 31, 2004
<br />Statement 9
<br />Cash flows from operating activities:
<br />Cash Receipts from Customers
<br />Cash Paid to Suppliers
<br />Cash Paid to Employees
<br />Net cash flows from operating activities
<br />Cash flows from noncapital financing activities:
<br />Transfer from Capital Project Funds
<br />Net cash flows from noncapital financing activities
<br />Water
<br />Sewer
<br />Totals
<br />2004
<br />$ 1,016,881 $ 1,276,046 $ 2,292,927
<br />(297,030) (590,320) (887,350)
<br />(164,695) (157,135) (321,830)
<br />555,156 528,591 1,083,747
<br />303,108
<br />303,108
<br />Cash flows from capital and related financing activities:
<br />Principal paid on revenue bonds (265,000)
<br />Collection of special assessments 24,084
<br />Interest and paying agent fees on revenue bonds (153,460)
<br />Acquisition of capital assets -
<br />Net cash flows from capital and related financing activities (394,376)
<br />Cash flows from investing activities:
<br />Interest on investments 8,846
<br />472,734
<br />1,037,915
<br />Net increase in cash and cash equivalents
<br />Cash and cash equivalents - January 1
<br />Cash and cash equivalents - December 31
<br />25,987
<br />25,987
<br />2,561
<br />(2,735)
<br />(174)
<br />329,095
<br />329,095
<br />(265,000)
<br />26,645
<br />(153,460)
<br />(2,735)
<br />(394,550)
<br />8,846
<br />554,404 1,027,138
<br />2,362,806 3,400,721
<br />$ 1,510,649 $ 2,917,210 $ 4,427,859
<br />Reconciliation of Operating Income (Loss) to Net Cash
<br />from Operating Activities:
<br />Operating income (loss) $ 213,265
<br />Adjustments to reconcile operating income to
<br />net cash flows from operating activities:
<br />Depreciation 322,835
<br />Change in assets and liabilities:
<br />Decrease (increase) in receivables 37,806
<br />Decrease (increase) in prepaid items (145)
<br />Increase (decrease) in payables (18,605)
<br />Net cash flows from operating activities $ 555,156
<br />- Water lines in the amount of $842,183 were contributed to the Water Fund in 2004.
<br />- Sewer lines in the amount of $733,141 were contributed to the Sewer Fund in 2004.
<br />The accompanying notes are an integral part of these basic financial statements.
<br />31
<br />149,658
<br />376,800
<br />(4,606)
<br />(618)
<br />7,357
<br />$ 528,591
<br />362,923
<br />699,635
<br />33,200
<br />(763)
<br />(11,248)
<br />$ 1,083,747
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