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CITY OF RAMSEY, MINNESOTA
<br />COMBINED STATEMENT OF CASH FLOWS
<br />PROPRIETARY FUND TYPE
<br />Years Ended December 31, 1996 and 1995
<br />Enterprise Funds
<br />1996 1995
<br />Cash From Operating Activities:
<br />Operating (loss) $ (488) $ (81,729)
<br />Adjustments to reconcile operating loss to net
<br />cash provided (used) by operating activities
<br />Depreciation 292,327 244,539
<br />Changes in assets and liabilities
<br />Accounts receivable 33,194 (233,098)
<br />Inventories, water meters (639) 81,102
<br />Due from other funds (950,817) -
<br />Due from other govemmental units 1,642 (12,335)
<br />Other assets (1,479) (1,369)
<br />Accounts payable (5,997) 17,168
<br />Salaries payable 348 -
<br />Due to other funds 5,257 -
<br />Due to other governmental units (49,815) 63,006
<br />Deferred revenue 6,178 (1,764)
<br />Deposits payab]e, water meters - (49,447)
<br />Net cash provided (used) by
<br />operating activities (670,289) 26,073
<br />Cash Flows From Non-capital Financing Activities:
<br />Equity transfer in - 13,540
<br />Prior period adjustment - 1,860
<br />Operating transfers to General Fund (10,000) (7,500)
<br />Net cash provided (used) by non-capital
<br />financing activities (10,000) 7,900
<br />Cash Flows From Capital and Related
<br />Financing Activities:
<br />Acquisition of capital assets (197,697) (89,039)
<br />Contributed capital 448,994 1,165,881
<br />Net cash provided by capital and
<br />related financing activities 251,297 1,076,842
<br />
<br />Cash Flows From Investing Activities:
<br />Interest received on investments 204,062 151,738
<br />Net increase (decrease) in cash and cash equivalents (224,930) 1,262,553
<br />Cash and cash equivalents
<br />Beginning of year 2,965,256 1,702,703
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<br />End of Year $ 2,740,326 $ 2,965,256
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<br />Noncash Capital and Related Financing Activities:
<br />Contributed assets $ 2,055,903 $ 3,053,061
<br />Disposal of fully depreciated fixed assets $ - $ 10,091
<br />The notes to the financial statements are an integral part of these statements.
<br />Exhibit A-5
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