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CITY OF ELK RIVER,MINNESOTA
<br /> STATEMENT OF CASH FLOWS
<br /> PROPRIETARY FUNDS
<br /> FOR THE YEAR ENDED DECEMBER 31,2014
<br /> Municipal
<br /> Liquor Garbage Sewer Water Electric Total
<br /> Reconciliation of operating income(loss)to net cash
<br /> provided by operating activities:
<br /> Operating income(loss) $ 1,048,469 S 807 $ (304,720) S (202,462) S 1,974,562 $ 2,516,656
<br /> Adjustments to reconcile operating income(loss)to
<br /> net cash provided by operating activities:
<br /> Other revenue related to operations - - - 142,497 229,532 372,029
<br /> Depreciation expense 124,757 - 977,931 1,083,770 1,914,062 4,100,520
<br /> (Increase)decrease in assets:
<br /> Accounts receivable - (2,797) (7,079) (56,769) (111,092) (177,737)
<br /> Due from other funds - (6,261) (15475) - - (21,936)
<br /> Due from other govecmaus - - - (13,623) (13,623)
<br /> Inventories (21,143) - - (1,476) (15,521) (38,140)
<br /> Prepaid itans • - - 12,063 2,341 14,404
<br /> Increase(decrease)in:
<br /> Accounts payable 29,462 8,608 24,029 (4,587) (58,393) (881)
<br /> Salaries payable 1,028 1,059 (1,418) 5,470 16,520 22,659
<br /> Due to other governments 2,039 - 2,598 129,298 133,935
<br /> Unearned revenue 53 - - 30,440 - 30,493
<br /> OPEB liability 4,679 - 6,178 - 9,890 20,747
<br /> Compensated absences payable (10,666) - (5,734) 797 (31,251) (46,854)
<br /> Net cash provided by operating activities $ 151,416 $ 673,512 S 1,012,341 S 4,046,325 , $__6I12_7_2
<br /> Noncash capital and related financing activities:
<br /> Amortization of bond premium S - $ - $ - $ 818 $ 14,863 $ 15,681
<br /> Amortization of deferred charges on refunding - - - 1,649 6,592 8,241
<br /> Contribution of capital assets from other funds - - 138,196 175,09I - 313,287
<br /> Capital assets purchased on account - - 1,162,615 349,698 - 1,512,313
<br /> Loss on disposal of capital assets - - - 43,138 3,475 46,613
<br /> The notes to the financial statements are an integral part of this statement
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