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CITY OF ORONO. MINNESOTA <br />Exhibit F-12 <br />I <br />Gi>lf Qnirse Operating Fund <br />Q>mparativc Statement of Cash Fli>ws <br />Years ^ded December 31.1994 and 1993 <br />Cash flows from operating activities <br />Operating inwme <br />Adjustments to rca^cile operating ina>me to <br />net cash provided by operating activities <br />1994 1993 <br />$ 47.822 S 18.754 <br />Depreciation 9,258 7,665 <br />Qiange in assets and liabilities <br />(Increase) decrease in <br />Accounts receivable —5.528 <br />Inveiitory (1,305)(92) <br />Prepaid items (1,228)— <br />Increase (decrease) in <br />Compe nsated absences 418 (168) <br />Accounts payable (498)(3,847) <br />Salaries payable 148 314 <br />Net cash provided by operating activities 54,615 28,154 <br />Cash flows tri>m oipital and related financing activities <br />Acquisition of capital assets (29,258) (998) <br />Cash flews ttom investing activities <br />Interest received on investments 3,804 5,344 <br />Net increase in cash and cash equivalents 29,161 32,500 <br />Cash and cash a^uivalents <br />Beginning of year 111,173 78,673 <br />End of year $ 140,334 $ 111,173 <br />Noncash operating items <br />During the year ended December 31, 1994, the City traded in equipment with an adjusted btxik value <br />of $10,074. <br />Equipment <br />(>iginal price <br />Accumulated depreciation <br />Adjusted bu^k value <br />Less trade-in value <br />Diss on sale of equipment <br />$ 16.794 <br />6,720 <br />10,074 <br />jyjooj <br />$__8J_74_ <br />-97