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r <br />M <br />t > <br />Exhibit A-5 <br />CITY OF ORONO, MINNESOTA <br />Statement of Cash Flows <br />1 Proprietary Fund Type <br />1 Years Ended December 31. 1997 and 1996 <br />1 <br />1 Enterorise Funds <br />1997 1996 <br />Cash flows from operating activities <br />Operating loss S (19.348)S (94,761) <br />Adjustments to reconcile operating loss to net <br />cash provided by operating activities <br />Depreciation 257,659 257,488 <br />Loss on disposal of assets (3,512) <br />j Amortization of revenue bond discount 10,416 <br />Change in assets and liabilities <br />(Increase) decrease in <br />Accounts receivable 20.216 (41,119) <br />Due from other governmental units 105.792 35,428 <br />i Inventory (142)21>Prepaid items 374 3,576 <br />Increase (decrease) in <br />Accounts payable 3.499 (32,791) <br />.Salaries and compensated absences payable (8.491)(1,719) <br />Due to other governmental units 86,721 (28,599) <br />Net cash provided by operating activities 446,280 104,428 <br />, :Cash flows from capital and related financing activities <br />Taxes collected for revenue bond debt 107,821 92,983 <br />;Special assessments for revenue bond debt 74,466 81,231 <br />;Intergovernmental grants received 24,807 <br />Acquisition or construction of capital assets (338,909)(106,450) <br />••Principal paid on revenue bonds (245,000)(1,750,000) <br />Interest paid on revenue bonds (57.976)(104,104) <br />Other charges on revenue bonds (162)(l.lOO) <br />—Net cash used by capital and related financing activities (434,953)(1,787,440) <br />Cash flows from investing activities <br />Interest received on investments 152,179 159.005 <br />Cash flows from noncapiul financing activities <br />Operating transfer from Sewer Fund 70,000 <br />1 Operating transfer to Water Fund (70,000) <br />Net cash provided by noncapital financing activities - <br />• J <br />Net increase (decrease) in cash and cash equivalents 163,506 (1424.007) <br />Cash and cash equivalents <br />n Beginning of year 1,9.30.537 3.454,544 <br />/1 End of year 5 2.094.043 S 1.930.537 <br />1 A Cash and cash equivalents <br />I <Unrestricted cash and temporary investments $ 2.094.043 S 1.930437 <br />Supplementary schedule of noncash investing, capital, and financing activities <br />Assets contributed from other funds <br />MCES current value credit applied <br />See notes to financial statcinents <br />-25- <br />$__LIQ3^I89 <br />4.594 4.594