Laserfiche WebLink
The notes to the financial statements are an integral part of this statement. <br />33 <br />Municipal Storm <br />Liquor Garbage Sewer Water <br />Reconciliation of operating income (loss) to net cash <br /> provided (used) by operating activities: <br /> Operating income (loss)921,015$ (169,075)$ (999,498)$ (265,440)$ <br /> Adjustments to reconcile operating income (loss) to <br /> net cash provided (used) by operating activities: <br /> Other revenue related to operations - - - - <br /> Depreciation expense 119,186 - 1,568,622 452,828 <br /> (Increase) decrease in assets and deferred outflows: <br /> Accounts receivable - - 74,818 2,238 <br /> Due from other funds - (1,778) (7,843) (554) <br /> Due from other goverments - 5,272 - - <br /> Inventories 83,457 - - - <br /> Prepaid items - - - - <br /> Deferred outflows - pensions 82,852 3,873 60,068 8,606 <br /> Increase (decrease) in liabilities and deferred inflows: <br /> Accounts payable (97,667) 505 (690,548) (5,498) <br /> Salaries payable (1,583) (23) 205 87 <br /> Due to other funds - 3,763 8 (19) <br /> Due to other governments (2,619) - - - <br /> Unearned revenue 946 - - - <br /> OPEB liability 4,378 - 4,378 730 <br /> Compensated absences payable (33,786) - 1,317 163 <br /> Net pension liability (97,617) (6,958) (63,370) (15,396) <br /> Deferred inflows - pensions 43,439 656 35,740 5,512 <br />Net cash provided (used) by operating activities 1,022,001$ (163,765)$ (16,103)$ 183,257$ <br />Noncash capital and related financing activities: <br /> Amortization of bond premium -$ -$ -$ -$ <br /> Amortization of deferred charges on refunding - - - - <br /> Contribution of capital assets - - 37,446 33,258 <br /> Capital assets purchased on account - - - - <br />STATEMENT OF CASH FLOWS - CONTINUED <br />PROPRIETARY FUNDS <br />FOR THE YEAR ENDED DECEMBER 31, 2017 <br />CITY OF ELK RIVER, MINNESOTA