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<br />I <br />I. CITY OF ARDEN HILLS, MINNESOTA <br /> COMBINED STATEMENT OF CASH FLOWS <br />I ALL PROPRIETARY FUND TYPES <br /> YEAR ENDED DECEMBER 31, 1996 <br />I Enter:prise <br /> CASH FLOWS FROM OPERATING ACTIVITIES <br /> Operating income $ 364 131 <br /> Adjustments to reconcile operating income to net cash provided by <br />I operating activities: <br /> Depreciation 154 104 <br /> Gain on sale of fIxed assets (3 866) <br /> (Increase) decrease in assets: <br />I Accounts receivable (I4 734) <br /> Special assessments receivable (2 783 ) <br /> Accrued interest receivable (4516) <br /> Due from other governments 389 <br />I Inventory (58) <br /> Prepaid items (41317) <br /> Increase (decrease) in liabilities: <br />I Accounts payable 109 253 <br /> Accrued salaries 5357 <br /> Accrued interest payable (100499) <br /> Customer deposits payable 1135 <br />I NET CASH PROVIDED BY OPERATING ACTIVITIES 466 596 <br /> CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES <br />I. Operating transfers to other funds (72 699) <br /> CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES <br /> Acquisition of fixed assets (63616) <br />I Proceeds from sales of fixed assets 3866 <br /> NET CASH USED BY CAPITAL AND RELATED FINANCING ACTIVITIES (59750) <br />I CASH FLOWS FROM INVESTING ACTIVITIES <br /> Interest on investments 76699 <br />I INCREASE IN CASH AND CASH EQUIVALENTS 410846 <br /> CASH AND CASH EQUIVALENTS, JANUARY 1 1 066 107 <br />I CASH AND CASH EQUIVALENTS, DECEMBER 31 $ 1 476953 <br />I <br />I NONCASH CAPITAL AND RELATED FINANCING ACTIVITIES <br /> Disposal of fIxed assets $ 8016 <br />I. <br />I See Notes to Financial Statements. <br />I -9- <br />--.------------ <br />