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07-10-1995 Council Packet
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07-10-1995 Council Packet
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I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />Exhibit A-5 <br />OlY OF GROm, MINNESOTA <br />Statement of Cash Flows <br />PR^prietar}’ Fund Tn^c <br />Years Ended December 31.1994 and 1993 <br />Enterprise Funds <br />1994 1993 <br />Cash flows from operating activities <br />Opoating loss $ (72.500)$ (239.227) <br />Adjustments to reamcile operating loss to nei <br />cash provided (used) by operating activities <br />Dqreciation 217,320 202,587 <br />Amortization of revalue bond disrount 1.461 1.513 <br />Change in assets and liabilities <br />(Inaease) decrease in <br />Accounts receivable (69.255)7,943 <br />Due fh>m other governmental units (846)1.817 <br />Inventory 487 (62) <br />Prepaid items (31,571)— <br />Increase (decrease) in <br />Compensated absences 2.096 (150) <br />Aewunts payable (7,487)(6,790) <br />Acaiunts pa>’able - restricted —(2.001) <br />Contracts payable — restricted —(129.090) <br />Salaries payable 1,405 346 <br />Due to other govemmenutl units 2.627 (8,286) <br />Net aish prin ided (used) by operating activities 43.737 (171.4(K)) <br />Cash flows from noncapiui! financing activities <br />Operating transfers in —261.088 <br />Ojxrating transfers (out)—(20.088) <br />Net aish provided bv noncapital activities —241.000 <br />Cash flows fri^m capital and related financing activities <br />Residual equity transfer 71,483 - <br />Taxes collected for revenue Kmd debt 66.525 — <br />Special assessments for revenue bond debt 61.998 47.803 <br />Acquisition or construction o. '1 assets (103.440)(77.854) <br />MWee current value credit 35.569 35.347 <br />Principal paid on revenue Kmus (175.000)(175.000) <br />Interest piid on revenue bonds (131.911)(142.726) <br />Other charges on revenue bonds (435J __m <br />Net cash used by aipiuil and related financing activities (175.211)(312.849) <br />See notes to financial sUitcnicnts <br />(continued) <br />-28-
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