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Elk River Municipal Utilities
<br />~, ~ Apri14, 2011
<br />Page 5
<br />11 ~•
<br />The following table gives an indication of the sources and uses of cash for the past five yeazs:
<br /> Cash Provided (Used) By
<br />Year Beginning Operating Non-capital Capital Investing Ending Cash
<br />2010 $ 6,091,320 $ 3,596,829 $ (534,339) $ (1,957,215) $ 114,922 $ 7,311,517
<br />2009 4,633,052 4,001,073 (604,905) (2,027,224) 89,324 6,091,320
<br />2008 3,539,677 4,394,357 (513,536) (2,933,272) ]45,826 4,633,052
<br />2007 2,041,306 4,083,884 (485,851) (2,238,249) 138,587 3,539,677
<br />2006 2,016,433 3,046,671 (378,560) (2,804,163) 160,925 2,041,306
<br />Cash Flow Summary 2006 - 2010
<br />$s,ooo,ooo
<br />$4,000,000
<br />$3,000,000
<br />$2,000,000
<br />$1,000,000
<br />$(1,000,000)
<br />$(2,000,000)
<br />$(3,000,000)
<br />$(4,000,000)
<br />$-
<br />tOperatingActivities f-Non-capital Financing Activities
<br />°~:=CapitalFinancingActivities •~~InvestingActivities
<br />2006 2007 2008 2009
<br />2010
<br />The cash provided by operating activities has remained strong and was sufficient to cover the amount of capital and debt needs in
<br />2010. The summary above highlights the significant amount of cash needed each yeaz for the capital activities of the Utilities. 'the
<br />operations have been able to fmance the capital activities for most of the last five yeazs. We recommend that the Utilities continue
<br />to closely monitor future cash flow with the use of projections and the capital improvement plan. This will ensure that any
<br />permanent decline in cash flow is addressed quickly.
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