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CITY OF RAMSEY, MINNESOTA Exhibit A -5 <br />COMBINED STATEMENT OF CHANGES IN FINANCIAL POSITION <br />ALL PROPRIETARY FUND TYPES <br />Years Ended December 31, 1988 and 1987 <br />Enterprise Funds <br />1988 1987 <br />Sources of Working Capital: <br />Net loss $(15,460) $(36,563) <br />Items not affecting working capital - <br />Depreciation 48,971 41,250 <br />Total Working Capital Provided From Operations 33,511 4,687 <br />Equity contribution from special assessment projects 91,406 369,768 <br />Total Working Capital Provided 124,917 374,455 <br />Uses of Working Capital: <br />Acquisition of property and equipment 106,618 373,768 <br />Increase in Working Capital $ 18,299 $ 687 <br />Changes in Components of Working Capital: <br />Increase (decrease) in current assets - <br />Cash and temporary cash investments $ 3,565 $ (1,673) <br />Accounts receivable 15,101 2,824 <br />Accrued interest receivable (4,993) 4,953 <br />Due from other governmental units 93,000 - <br />Inventories, water meters 11,440 8,218 <br />Prepaid items 2,167 - <br />(Increase) decrease in current liabilities - <br />Accounts payable (92,298) (2,862) <br />Salaries payable 595 (467) <br />Due to other governmental units 322 (1,306) <br />Deposits payable, water meters (10,600) (9,000) <br />Increase in Working Capital $ 18,299 $ 687 <br />See Notes to Financial Statements. <br />-12- <br />