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CITY OF MOUNDS VIEW, MINNESOTA
<br /> Schedule 3
<br /> WATER ENTERPRISE FUND
<br /> HISTORICAL STATEMENT OF CASH FLOWS
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<br /> For the years ended December 31, 1991, 1992, 1993, 1994 and 1995
<br /> 1991 1992 1993 1994 1995
<br /> Cash Flows from Operating Activities:
<br /> Operating income(Loss) ($70,229) $15,022 ($67,986) (S62,181) ($100,027)
<br /> Adjustments to reconcile operating income
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<br /> to net cash provided by operating activities:
<br /> Depreciation 127,158 137,947 140,338 201,898 216,111
<br /> Decrease(increase)in receivables (13,469) (25,859) 5,265 (20,713) (3,761)
<br /> Increase(decrease)in payables 281,728 (69,318) (59,113) (48,261) 171,405
<br /> Net cash used by operating activities 325,188 57,792 18,504 70,743 283,728
<br /> Cash flows from capital and related financing
<br /> activities:
<br /> Acquisition of capital assets (1,165,601) (1,523,962) (524,650) (366,557) (337,207)
<br /> Bond proceeds 2,875,000 2,320,000
<br /> Payment to refunded bond escrow fund (2,251,569)
<br /> Principal paid on revenue bond maturities (35,000) (55,000) (80,000)
<br /> Interest and paying agent fees (68,906) (1,188) (180,42
<br /> Net cash used by capital and
<br /> related financing activities 1,709,399 (1,523,962) (560,125) (422,745) (597,631)
<br /> Cash flows from noncapital financing activities: •
<br /> Operating transfers in, 330,000
<br /> Operating transfers out (23,604) (27,719) (59,489) (61,250) (30,000)
<br /> Net cash flows from noncapital
<br /> financing activities: (23,604) (27,719) (59,489) (61,250) 300,000
<br /> Cash flows from investing activities:
<br /> Interest on investments 111,746 93,326 87,185 96,633 100,000
<br /> Net increase(decrease)in cash 2,122,729 (1,400,563) (513,925) (316,619) 86,097
<br /> Cash and investments-January 1 1,593,453 3,716,182 2,315,619 1,801,694 1,485,075
<br /> Cash and investments-December 31 S3,716,182 82,315,619 $1,801,694 $1,485,075 $1,571,172
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<br /> For internal use only-not to be relied on by others for any purpose.
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