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City of Orono, Minnesota
<br />Internal Service Funds
<br /> Combining Statement of Cash Flows
<br />For the Year Ended December 31, 2021
<br />703 705 701 710
<br />Insurance Compensated Fleet
<br />Fund Absences Management IT Services Total
<br />Cash Flows from Operating Activities
<br />Receipts from customers and users 428,618$ -$ 137,208$ 238,519$ 804,345$
<br />Payments to suppliers (210,686) - (173,289) (198,583) (582,558)
<br />Payments to employees (190,114) - - (81,041) (271,155)
<br />Net Cash Provided (Used) by Operating Activities 27,818 - (36,081) (41,105) (49,368)
<br />Cash Flows from Investing Activities
<br />Investment receipts 11 - 10 (136) (115)
<br />Net Increase (Decrease) in
<br />Cash and Cash Equivalents 27,829 - (36,071) (41,241) (49,483)
<br />Cash and Cash Equivalents, January 1 210,311 728,664 52,578 (104,832) 886,721
<br />Cash and Cash Equivalents, December 31 238,140$ 728,664$ 16,507$ (146,073)$ 837,238$
<br />Reconciliation of Operating Income (Loss)
<br />to Net Cash Provided (Used) by Operating Activities
<br />Operating income (loss)30,229$ -$ (34,739)$ (50,661)$ (55,171)$
<br />Adjustments to reconcile operating income (loss)
<br />to net cash provided (used) by operating activities
<br />(Increase) decrease in assets
<br />Prepaid items (2,500) - - (4,364) (6,864)
<br />Increase (decrease) in liabilities
<br />Accounts and contracts payable - - (1,342) 13,529 12,187
<br />Accrued salaries payable 89 - - 391 480
<br />Net Cash Provided (Used) by
<br />Operating Activities 27,818$ -$ (36,081)$ (41,105)$ (49,368)$ DRAFT
<br />122
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