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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 /> Reconciliation of operating income(loss)to net cash <br /> provided by operating activities: <br /> Operating income(loss) $ 1,049,821 $ 916,354 $ 33,718 $ 49,473 <br /> Adjustments to reconcile operating income(loss)to <br /> net cash provided by operating activities: <br /> Other revenue related to operations - - - <br /> Depreciation expense 124,757 124,350 - - <br /> (Increase)decrease in assets: <br /> Accounts receivable 968 (1,280) <br /> Due from other funds 12,790 2,771 <br /> Due from other goverments <br /> Inventories (51,549) (31,067) <br /> Prepaid items - <br /> Increase(decrease)in: <br /> Accounts payable 64,799 (36,820) 6,152 (2,748) <br /> Salaries payable 2,103 2,728 (788) (161) <br /> Due to other governments (1,369) 4,066 <br /> Unearned revenue 125 151 <br /> OPEB liability 4,301 4,500 <br /> Compensated absences payable 5,764 12,134 - - <br /> Net cash provided by operating activities $ 1,198,752 $ 996,396 $ 52,840 $ 48,055 <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 /> The notes to the financial statements are an integral part of this statement. <br /> 33 <br />