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Total
<br />Risk Central Internal
<br />Management Engineering Garage Technology Service Funds
<br />Cash flows from operating activities
<br />Receipts from customers and users 154,054$ 11,430$ 178,520$ 178,666$ 522,670$
<br />Payments to suppliers (141,583) (13,421) (175,620) (175,260) (505,884)
<br />Payments to employees – (688) (1,217) (5,447) (7,352)
<br />Net cash flows from operating activities 12,471 (2,679) 1,683 (2,041) 9,434
<br />Cash flows from investing activities
<br />Earnings (charges) on investments 10,590 – – (1) 10,589
<br />Net change in cash and cash equivalents 23,061 (2,679) 1,683 (2,042) 20,023
<br />Cash and cash equivalents – beginning 408,405 2,679 17,295 4,486 432,865
<br />Cash and cash equivalents – ending 431,466$ –$ 18,978$ 2,444$ 452,888$
<br />Reconciliation of operating income (loss) to net
<br /> cash flows from operating activities
<br />Operating income (loss)(122,915)$ –$ –$ (365)$ (123,280)$
<br />Adjustments to reconcile operating income
<br /> (loss) to net cash provided (used) by
<br /> operating activities
<br />Decrease (increase) in accounts receivable (8,384) – – – (8,384)
<br />Increase (decrease) in accounts payable 143,770 (1,991) 3,722 (1,797) 143,704
<br />Increase (decrease) in due to other
<br /> governments – – (822) – (822)
<br />Increase (decrease) in compensated
<br /> absences payable – (688) (1,217) 121 (1,784)
<br />Total adjustments 135,386 (2,679) 1,683 (1,676) 132,714
<br />Net cash flows from operating activities 12,471$ (2,679)$ 1,683$ (2,041)$ 9,434$
<br />CITY OF ARDEN HILLS
<br />Combining Statement of Cash Flows
<br />Internal Service Funds
<br />Year Ended December 31, 2020
<br />-67-
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