|
<br /> I
<br /> CITY OF ELK RIVER, MINNESOTA I
<br /> STATEMENT OF CASH FLOWS
<br /> PROPRIETARY FUNDS
<br /> YEAR ENDED DECEMBER 31, 2004 I
<br /> Municipal I
<br /> Liquor Garbage Sewer
<br />CASH FLOWS FROM OPERATING ACTIVITIES
<br />Receipts from customers and users $ 4,342,422 $ 965,057 $ 2,353,461
<br />Other operating cash receipts 4,555 8,615 1,725 I
<br />Payments to suppliers (3,182,916) (937,614) (249,756)
<br />Payments to employees (372,747) (8,619) (286,394)
<br />Net cash provided by operating activities 791,314 27,439 1,819,036 I
<br />CASH FLOWS FROM NONCAPITAL
<br />FINANCING ACTIVITIES I
<br />Transfers from other funds 6,688
<br />Transfers to other funds (465,568) (33,475)
<br />Increase (decrease) in due to other funds I
<br />Increase in due to other governments
<br />Net cash provided (used) by
<br />noncapital fmancing activities (465,568) 6,688 (33,475)
<br /> I
<br />CASH FLOWS FROM CAPITAL AND
<br />RELATED FINANCING ACTIVITIES
<br />Acquisition of capital assets (84,707) (737,082) I
<br />Principal paid on capital debt (155,000) (770,000)
<br />Proceeds of revenue bonds
<br />Interest paid on capital debt (35,401) (126,317) I
<br />Principal paid on promissory note
<br />Net cash provided (used) by
<br />capital and related financing activities (275,108) (1,633,399) I
<br />CASH FLOWS FROM INVESTING ACTIVITIES
<br />Interest received 36,358 671 76,767
<br />Net increase (decrease) in cash and cash equivalents 86,996 34,798 228,929 I
<br />Cash and cash equivalents, January 1 2,350,361 42,436 4,924,950 I
<br />Cash and cash equivalents, December 31 $ 2,437,357 $ 77,234 $ 5,153,879
<br /> I
<br /> I
<br /> I
<br />The notes to the financial statements are an integral part of this statement. I
<br /> 29 I
<br />
<br />
|