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CITY OF GEM LAKE, MINNESOTA <br />STATEMENT OF CASH FLOWS <br />PROPRIETARY FUND <br />YEAR ENDED DECEMBER 31, 2018 <br /> <br /> <br /> <br />See accompanying Notes to Basic Financial Statements. <br />(12) <br />Sewer Water 2018 <br />Utility Utility Totals <br />CASH FLOWS FROM OPERATING ACTIVITIES <br />Cash Received from Utility Customers 56,651$ 10,040$ 66,691$ <br />Cash Payments to Suppliers for Goods and Services (34,469) (11,251) (45,720) <br />Net Cash Provided (Used) by Operating Activities 22,182 (1,211) 20,971 <br />CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES <br />Interfund Loans 28,331 17,434 45,765 <br />CASH FLOWS FROM CAPITAL FINANCING ACTIVITIES <br />Purchases of Capital Assets (17,496) (16,237) (33,733) <br />CASH FLOWS FROM INVESTING ACTIVITIES <br />Interest on Investments 3,639 14 3,653 <br />NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 36,656 - 36,656 <br />Cash and Cash Equivalents - Beginning of Year 96,359 - 96,359 <br />CASH AND CASH EQUIVALENTS - END OF YEAR 133,015$ -$ 133,015$ <br />RECONCILIATION OF OPERATING INCOME (LOSS)TO NET <br /> CASH PROVIDED (USED) BY OPERATING ACTIVITIES <br />Operating Income (Loss) (33,930)$ (11,133)$ (45,063)$ <br />Adjustments to Reconcile Operating Income (Loss) to Net <br /> Cash Provided (Used) by Operating Activities: <br />Depreciation 13,917 9,827 23,744 <br />Changes in Assets and Liabilities: <br />Accounts Receivable 930 - 930 <br />Special Assessments Receivable (2,416) - (2,416) <br />Prepaid Items (48) - (48) <br />Accounts Payable 41,268 63 41,331 <br />Due to Other Governments 2,461 32 2,493 <br />Net Cash Provided (Used) by Operating Activities 22,182$ (1,211)$ 20,971$ <br />Noncash Transactions <br />Capital Contribution from Devlopers 157,757$ 159,016$ 316,773$ <br />Capital Contribution from Governmental Activities -$ 405,805$ 405,805$ <br /> <br />