|
<br />33
<br />CITY OF LINO LAKES, MINNESOTA Statement 9
<br />STATEMENT OF CASH FLOWS - PROPRIETARY FUNDS
<br />Year Ended December 31, 2013
<br />Total
<br />Water Sewer 2013
<br />Cash flows from operating activities:
<br /> Cash receipts from customers 1,222,831$ 1,520,747$ 2,743,578$
<br /> Cash paid to suppliers (304,250) (962,241) (1,266,491)
<br /> Cash paid to employees (180,975) (185,675) (366,650)
<br /> Net cash flows from operating activities 737,606 372,831 1,110,437
<br />Cash flows from noncapital financing activities:
<br /> Net transfers (35,862) (35,862) (71,724)
<br />Cash flows from capital and related financing activities:
<br /> Collection of special assessments (835) 682 (153)
<br /> Acquisition of capital assets (3,000) (51,353) (54,353)
<br /> Net cash flows used by capital and related
<br /> financing activities (3,835) (50,671) (54,506)
<br />Cash flows from investing activities:
<br /> Interest on investments (17,007) (27,766) (44,773)
<br />Net increase in cash and cash equivalents 680,902 258,532 939,434
<br />Cash and cash equivalents - January 1 4,110,341 7,028,014 11,138,355
<br />Cash and cash equivalents - December 31 4,791,243$ 7,286,546$ 12,077,789$
<br />Reconciliation of operating income to net cash
<br /> from operating activities:
<br /> Operating income (loss)280,942$ (67,998)$ 212,944$
<br /> Adjustments to reconcile operating income to
<br /> net cash flows from operating activities:
<br /> Depreciation 416,468 437,725 854,193
<br /> Change in assets and liabilities:
<br /> Increase in receivables 14,089 4,350 18,439
<br /> (Increase) decrease in prepaid items 2,660 (2,957) (297)
<br /> Increase in inventory 24,614 - 24,614
<br /> Increase (decrease) in payables (1,167) 1,711 544
<br /> Net cash flows from operating activities 737,606$ 372,831$ 1,110,437$
<br />Noncash investing, capital, and financing activities:
<br />Capital asset contributions from government 291,403$ 133,625$ 425,028$
<br />The accompanying notes are an integral part of these basic financial statements.
<br />
<br />
|