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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 /> Reconciliation of operating income(loss)to net cash <br /> provided by operating activities: <br /> Operating income(loss) $ 916,354 $ 812,548 $ 49,473 $ 40,436 <br /> Adjustments to reconcile operating income(loss)to <br /> net cash provided by operating activities: <br /> Other revenue related to operations - - <br /> Depreciation expense 124,350 123,130 - <br /> (Increase)decrease in assets: <br /> Accounts receivable - - (1,280) (973) <br /> Due from other funds 2,771 (1,383) <br /> Due from other goverments - 19,312 <br /> Inventories (31,067) (102,269) - <br /> Prepaid items 4,678 <br /> Increase(decrease)in: <br /> Accounts payable (36,820) 2,243 (2,748) (10,335) <br /> Salaries payable 2,728 1,390 (161) 123 <br /> Due to other govermnents 4,066 62,867 - - <br /> Unearned revenue 151 (131) <br /> OPEB liability 4,500 4,704 <br /> Compensated absences payable 12,134 11,130 - <br /> Net cash provided by operating activities $ 996,396 $ 920,290 $ 48,055 $ 47,180 <br /> Noncash capital and related financing activities: <br /> Amortization of bond premium $ - $ $ $ <br /> Amortization of deferred charges on refunding <br /> Contribution of capital assets from(to)municipality (69,800) <br /> Assets purchased on account <br /> Disposal of capital assets,net <br /> i <br /> The notes to the financial statements are an integral part of this statement. <br /> 33 <br />