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<br /> CITY OF CENTERVILLE, MINNESOTA
<br /> ENTERPRISE FUNDS
<br /> COMBINING STATEMENT OF CASH FLOWS
<br /> YEAR ENDED DECEMBER 31, 2001
<br /> (With comparative totals for the year ended December 31, 2000)
<br /> Totals
<br /> Water Sewer 2001 2000
<br />CASH FLOWS FROM OPERATING ACTIVITIES
<br />Operating income $ 29,759 $ 13,873 $ 43,632 $ 28,136
<br />Adjustments to reconcile operating income to net cash
<br />provided by operating activities:
<br />Depreciation and amortization 30,717 28,382 59,099 39,891
<br />(Increase) decrease in assets:
<br />Prepaid items (285) (213) (498) (8,944)
<br />Accounts receivable (15,735) (6,321) (22,056) (2,433)
<br />Inventories 23,819 23,819 (9,668)
<br />Increase (decrease) in liabilities:
<br />Accounts payable 2,729 6,076 8,805 6,482
<br />Accrued salaries payable 740 594 1,334 (1,140)
<br />Deferred revenue (19,521) (27,200) (46,721) (23,865)
<br />NET CASH PROVIDED BY OPERATING ACTIVITIES 52,223 15,191 67,414 28,459
<br />CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
<br />Operating transfer out (27,432) (33,076) (60,508) (21,000)
<br />CASH FLOWS FROM CAPITAL AND RELATED
<br />FINANCING ACTIVITIES
<br />Hook up fees and unit charges 101,628 99,669 201,297 257,223
<br />Special assessments received 57,348 74,358 131,706 111,471
<br />Principal paid on bonds (27,000) (33,000) (60,000) (60,000)
<br />Interest paid on debt (12,849) (15,704) (28,553) (31,028)
<br />Purchase of fix.ed assets (3,160)
<br />NET CASH PROVIDED BY CAPITAL
<br />AND RELATED FINANCING ACTIVITIES 119,127 125,323 244,450 274,506
<br />CASH FLOWS FROM INVESTING ACTIVITIES
<br />Interest received on investments 27,692 41,226 68,918 105,192
<br />NET INCREASE IN CASH AND CASH EQUIVALENTS 171,610 148,664 320,274 387,157
<br />CASH AND CASH EQUIVALENTS, JANUARY i 1,093,145 1,669,712 2,762,857 2,375,700
<br />CASH AND CASH EQUIVALENTS, DECEMBER 31 $ 1,264,755 $ 1,818,376 $ 3,083,131 $ 2,762,857
<br />NONCASH CAP IT AL AND RELATED FINANCING ACTIVITIES
<br />Assets contributed by other funds $ 233,063 $ 315,861 $ 548,924 $ 317,105
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