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Elk River Municipal Utilities
<br />April 7, 2008
<br />Page 9
<br />The following table gives an indication of the sources and uses of cash for the past five years
<br /> Cash Provided (Used) By
<br /> Non-capital Capital
<br /> Beginning Operating Financing Financing Investing Ending Cash
<br />Year Cash Balance Activities Activities Activities Activities Balance
<br />2007 $ 2,519,224 $ 1,487,526 $ (259,864) $ (1,392,434) $ 39,935 $ 2,394,387
<br />2006 1,754,023 1,861,466 80,102 (1,238,717) 62,350 2,519,224
<br />2005 1,739,439 1,083,049 (16,917) (1,128,375) 76,827 1,754,023
<br />2004 3,233,474 1,157,097 (177,864) (2,494,931) 21,663 1,739,439
<br />2003 1,918,160 1,128,351 (28,866) 2]0,930 4,899 3,233,474
<br /> Cash Flow Summary 2003 - 2007
<br />$2,500,000
<br />$2,000,000
<br />$1,500,000
<br />$1,000,000
<br />$500,000
<br />$-
<br />$(500,000)
<br />$(1,000,000)
<br />$(1, 500,000)
<br />$(2,000,000)
<br />$(2,500,000)
<br />$(3,000,000)
<br />~~Operating Activities fNon-capital Financing Activities
<br />~~Capital Financing Activities ~~'Investing Activities
<br />2007
<br />It should be noted the fund has had an operating loss for the last two years but this is a result of increased depreciation from
<br />contributed assets. The overall cash balance has increased for the last two years. As mentioned in the analysis of the Electric fund
<br />it is important to continue to monitor future cash need with the use of a projection.
<br />2003 2004 2005 2006
<br />952.835.9090 Fax 952.835.3261
<br />www.aemcpas.com
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