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Elk River Municipal Utilities
<br />Apri19,2009
<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 />
<br />Beginning
<br />Operating Non-capital Capital
<br />Investing
<br />Ending Cash
<br />Year
<br />Cash Balance
<br />Activities Financing Financing
<br />Activities
<br />Balance
<br /> Activities Activities
<br />2008 $ 2,394,387 $ 1,086,937 $ (17,068) $ (1,609,836) $ 81,037 $ 1,936,468
<br />2007 2,s 19,224 1,487,626 (269,864) (1,392,434) 39,936 2,394,387
<br />2006 1,764,023 1,861,466 80,102 (1,238,717) 62,360 2,s 19,224
<br />2006 1,739,439 1,083,049 (16,917) (1,128,376) 76,827 1,764,023
<br />2004 3,233,474 1,167,097 (177,864) (2,494,931) 21,663 1,739,439
<br />Cash Flow Summary 2004 - 2008
<br />$z,soo,ooo
<br />$2,000,000
<br />$lsoo,ooo
<br />$l,ooo,ooo
<br />$soo,ooo
<br />$-
<br />$(soo,ooo>
<br />$(l,ooo,ooo>
<br />$(1,600,000)
<br />$(2,000,000)
<br />$(2,600,000)
<br />$(3,000,000)
<br />-r--Operating Activities ~-Non-capitalFinancingActivitie
<br />-~--Capital Financing Activities InvestingActivities
<br />2004 2006 2006 2007
<br />2008
<br />It should be noted the overall cash balance has decreased 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 />952.835.9090 Fax 952.835.3261
<br />www.aemcpas.com
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