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<br /> CITY OF ELK RIVER,MINNESOTA
<br /> STATEMENTS OF CASH FLOWS
<br /> PROPRIETARY FUNDS
<br /> FOR THE YEARS ENDED DECEMBER 31,2012 AND 2011
<br /> Municipal Liquor Garbage
<br /> Current Year Prior Year Current Year Prior Year
<br /> CASH FLOWS FROM OPERATING ACTIVITIES
<br /> Receipts from customers and users $ 6,516,537 $ 6,138,965 $ 1,292,638 $ 1,315,462
<br /> Other operating cash receipts 8,848 6,596 35,213 46,168
<br /> Payments to suppliers (4,940,851) (4,652,919) (1,224,957) (1,280,782)
<br /> Payments to employees (588,138) (572,352) (54,839) (33,668)
<br /> Net cash provided by operating activities 996,396 920,290 48,055 47,180
<br /> CASH FLOWS FROM NONCAPITAL
<br /> FINANCING ACTIVITIES
<br /> Transfers from other funds - - - 18,330
<br /> Transfers to other funds (468,667) (3,115,592) (4,120) -
<br /> Decrease(increase)in due from other funds
<br /> Increase(decrease)in due to other funds -
<br /> Net cash provided(used)by
<br /> noncapital financing activities (468,667) (3,115,592) (4,120) 18,330
<br /> CASH FLOWS FROM CAPITAL AND
<br /> RELATED FINANCING ACTIVITIES
<br /> Acquisition of capital assets (32,541) -
<br /> Proceeds from sale of capital assets
<br /> Contributions from developers and residents
<br /> Principal paid on capital debt (730,000) (150,000)
<br /> Interest paid on capital debt (27,113) (36,225)
<br /> Principal paid on promissory note
<br /> Net cash used by capital
<br /> and related financing activities (789,654) (186,225)
<br /> CASH FLOWS FROM INVESTING ACTIVITIES
<br /> Interest received 20,124 56,778 7,052 7,336
<br /> Net increase(decrease)in cash and cash equivalents (241,801) (2,324,749) 50,987 72,846
<br /> Cash and cash equivalents,January 1 1,797,477 4,122,226 540,516 467,670
<br /> Cash and cash equivalents,December 31 $ 1,555,676 $ 1,797,477 $ 591,503 $ 540,516
<br /> Reconciliation of cash and cash equivalents
<br /> to the statement of net position:
<br /> Cash and investments $ 1,555,676 $ 1,797,477 $ 591,503 $ 540,516
<br /> Restricted cash and investments - - - -
<br /> Total cash and cash equivalents $ 1,555,676 $ 1,797,477 $ 591,503 $ 540,516
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<br /> The notes to the financial statements are an integral part of this statement.
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