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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, 1994
<br />With Comparative Totals For The Year Ended December 31, 1993
<br />Statement 16
<br />Gas Totals
<br />Water Sewer Utility 1994 1993
<br />Cash flows from operating activities:
<br />Operating income (loss) $22,266 ($110,696) $ - ($88,430) ($157,590)
<br />Adjustments to reconcile operating income (loss) to
<br />net cash flows from operating activities:
<br />Maintenance agreement - MCWS 12,699 12,699 7,294
<br />Depreciation 122,976 164,122 287,098 252,823
<br />Change in assets and liabilities:
<br />Decrease (increase) in receivables (32,697) (11,071) (43,768) (36,285)
<br />Decrease (increase) in prepaid items 603 (2,267) (1,664) (7,258)
<br />Increase (decrease) in payables 1,386 (2,163) - (777) (34,094)
<br />Net cash flows from operating activities 114,534 50,624 0 165,158 24,890
<br />Cash flows from noncapital financing activities:
<br />Collection of area and unit charges 183,667 183,667 132,175
<br />Operating transfer from Capital Project Funds - 3,891
<br />Operating transfer to Capital Project Funds (183,667) (183,667) (132,175)
<br />Net cash flows from noncapital financing activities 0 0 0 0 3,891
<br />Cash flows from capital and related financing activities:
<br />Interest and paying agent fees on revenue bonds (91,548) (91,548) (89,347)
<br />Operating transfer from Capital Project Funds 91,548 91,548 89,347
<br />Construction in progress - (19,211)
<br />Acquisition of fixed assets (809) (808) (1,617) -
<br />Net cash flows from capital and related financing activities (809) (808) 0 (1,617) (19,211)
<br />Cash flows from investing activities:
<br />Interest on investments 7,691 4,266 11,957 6,628
<br />Net increase in cash and cash equivalents 121,416 54,082 0 175,498 16,198
<br />Cash and cash equivalents - January 1 114,772 6,919 (2,424) 119,267 103,069
<br />Cash and cash equivalents - December 31 $236,188 $61,001 ($2,424) $294,765 $119,267
<br />Noncash investing, capital and financing activities:
<br />- Distribution system assets in the amounts of $0 and $2,140,203 were contributed to the Water Fund in 1994 and 1993, respectively.
<br />- Collection system assets in the amounts of $0 and $3,955,678 were contributed to the Sewer Fund in 1994 and 1993, respectively.
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<br />mMINI
<br />Alma
<br />ANIMI
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