Laserfiche WebLink
CITY OF ELK RIVER, MINNESOTA <br />STATEhIENT OF CASK FLOWS <br />PROPRIETARY FUNDS <br />YEAR ENDED DECEMBER 31, 2007 <br />Reconciliation of operating income (loss) to net cash <br />provided 6y operating activities: <br />Operating income (fuss) <br />Adjustments to reconcile operating income (loss) [o <br />net cash provided by operating activities: <br />Other revenue related to operations <br />Depreciation expense <br />(Increase) decrease in assets: <br />Accounts receivable <br />Due from other funds <br />Due from other govenmen[s <br />Invenmries <br />Prepaid items <br />Increase (decrease)im <br />Accounts payable <br />Salaries payable <br />Due to other governments <br />Deferred revenue <br />Compensated absences payable <br />Net cash provided by operating activities <br />Noncash capital and related financing activities <br />Municip al Liquor Gazbage <br />Current Ycar Prior Year Current Year Prior Year <br /> <br />$ 793,428 $ 754,182 $ 32,840 $ 21,275 <br />137,787 14],254 - - <br />(757) 1,047 (3,039) (2,701) <br /> - 7,181 (3,892) <br />2,246 (54,413) - - <br />(lsoo> 14 - _ <br />14,050 Q2,24 L) (22,658) 32,326 <br />3,513 (386) 31 80 <br />195 493 - - <br />1,992 5,]53 - <br />$ 950,654 $ 83i 103 $ 14,355 $ 47,088 <br />Amortization of bond issuance costs $ 414 $ 4 ]4 $ - $ - <br />Priorperiod adjustment [o accumulated depreciation - _ _ _ <br />Discount on bonds issued _ _ _ <br />Assets purchased on account _ _ <br />-isposal of capital assets _ <br />Contribtt[ion of capita] assets _ _ <br />The notes [o [he financial statements are an integral part of this statement. <br />36 <br />