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r <br />■ <br />I n <br />Exhibit AS <br />CITY OF ORONO, MINNESOTA <br />Statement of Cash Flows <br />Proprietary Fund Type <br />Years Ended December 31,1996 and 1995 <br />Cash flows from operating activities <br />Operating loss <br />Adjustments to reconcile operating loss to net <br />cash provided by operating activities <br />Depreciation <br />Loss on disposal of assets <br />Amortization of revenue bond discount <br />Change in assets and liabilities <br />(Increase) decrease in <br />Accounts receivable <br />Due from other governmental units <br />Inventory <br />Prepaid items <br />Increase (decrease) in <br />Accounts payable <br />Salaries and compensated absences payable <br />Due to other governmental units <br />Net cash provided by operating activities <br />Cash flows from capital and related financing activities <br />Residual equity transfer in <br />Taxes collected for revenue bond debt <br />Special assessments for revenue bond debt <br />Acquisition or construction of capital assets <br />Proceeds from sale of capital assets <br />MWCC current value credit <br />Principal paid on revenue bonds <br />Interest paid on revenue bonds <br />Proceeds received from revenue bonds issued <br />Other charges on revenue bonds <br />Operating transfer from Sewer Fund <br />Operating transfer to Water Fund <br />Net cash provided (used) by <br />capital and related financing activities <br />See notes to financial statements <br />-25- <br />Enterprise Funds <br />1996 1995 <br />$ (94,761) $ (179,698) <br />257,488 <br />(3,512) <br />10,416 <br />(41,119) <br />484 <br />21 <br />3,576 <br />(32,791) <br />(1,719) <br />(28,59?) <br />69,484 <br />92,983 <br />81,231 <br />(106,450) <br />34,944 <br />(1,750,000) <br />(104,104) <br />(1,100) <br />70,000 <br />(70,000) <br />(1,752,496) <br />222,246 <br />(9,164) <br />1,525 <br />(14,137) <br />(7,106) <br />1,310 <br />27,621 <br />54,443 <br />3,605 <br />30,462 <br />131,107 <br />26,326 <br />83,504 <br />52,733 <br />(67,736) <br />7,299 <br />35,370 <br />(200,000) <br />(120,300) <br />1,550,000 <br />(405) <br />1,366,791 <br />(continued)