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Elk River Municipal Utilities
<br />April 24, 2012
<br />Page 5
<br />The following table gives an indication of the sources and uses of cash for the past five years:
<br /> Cash Provided (Used) By
<br />Year Beginning Operating Non-capital Capital Investing Ending Cash
<br />
<br />2011 $ 7,311,517 $ 4,396,044 $ (711,518) $ (2,001,497) $ 110,350 $ 9,104,896
<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 6,09],320
<br />2008 3,539,677 4,394,357 (513,536) (2,933,272) 145,826 4,633,052
<br />2007 2,041,306 4,083,884 (485,851) (2,238,249) 138,587 3,539,677
<br />$5,000,000
<br />$4,000,000
<br />$3,000,000
<br />$2,000,000
<br />$1,000,000
<br />$-
<br />$(1,000,000)
<br />$(2,000,000)
<br />$(3,000,000)
<br />$(4,000,000)
<br />Cash Flow Summary 2007 - 2011
<br />-------
<br />
<br />2007 2008 2009 2010 2011
<br />= Operating activities Non-capital financing activities
<br />Capital financing activities •°-°Investing activities
<br />The cash provided by operating activities has remained strong and was sufficient to cover the amount of capital and debt needs in
<br />2011. The summary above highlights the significant amount of cash needed each year for the capital activities of the Utilities. The
<br />operations have been able to finance the capital activities for the last five years. We recommend that the Utilities continue to closely
<br />monitor future cash flow with the use of projections and the capital improvement plan. This will ensure that any permanent decline in
<br />cash flow is addressed quickly.
<br />952.835.9090 Fax 952,835.3261
<br />www.aemepas.com
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