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CITY OF ELK RIVER,MINNESOTA
<br /> STATEMENTS OF CASH FLOWS
<br /> PROPRIETARY FUNDS
<br /> FOR THE YEARS ENDED DECEMBER 31,2013 AND 2012
<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 $ 6,753,646 $ 6,516,537 $ 1,296,089 $ 1,292,638
<br /> Other operating cash receipts 3,060 8,848 2,807 35,213
<br /> Payments to suppliers (4,941,189) (4,940,851) (I,225,457) (1,224,957)
<br /> Payments to employees (616,765) (588,138) (20,599) (54,839)
<br /> Net cash provided by operating activities 1,198,752 996,396 52,840 48,055
<br /> CASH FLOWS FROM NONCAPITAL
<br /> FINANCING ACTIVITIES
<br /> Transfers from other funds -
<br /> Transfers to other funds (672,289) (468,667) (11,755) (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 (672,289) (468,66 (11,755) (4,120)
<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)
<br /> Interest paid on capital debt - (27,113)
<br /> Principal paid on promissory note
<br /> Net cash used by capital
<br /> and related financing activities (789,654)
<br /> CASH FLOWS FROM INVESTING ACTIVITIES
<br /> Interest received (89,759) 20,124 (25,731) 7,052
<br /> Net increase(decrease)in cash and cash equivalents 436,704 (241,801) 15,354 50,987
<br /> Cash and cash equivalents,January 1 1,555,676 1,797,477 591,503 540,516
<br /> Cash and cash equivalents,December 31 $ 1,992,380 $ 1,555,676 $ 606,857 $ 591,503
<br /> Reconciliation of cash and cash equivalents
<br /> to the statement of net position:
<br /> Cash and investments $ 1,992,380 $ 1,555,676 $ 606,857 $ 591,503
<br /> Restricted cash and investments - -
<br /> Total cash and cash equivalents $ 1,992,380 $ 1,555,676 $ 606,857 $ 591,503
<br /> The notes to the financial statements are an integral part of this statement.
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