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2011 Financial Reports
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2011 Financial Reports
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11/18/2025 3:48:30 PM
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10/8/2025 12:16:20 PM
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Financial/Accounting
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FIN02620
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FINANCIAL STATEMENTS
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PERMANENT
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CITY OF GEM LAKE, MINNESOTA. <br />STATEMENT OF CASH FLOWS <br />PROPRIETARY FUND <br />YEAR ENDED DECEMBER 31, 2011 <br />CASH FLOWS FROWOPERATING ACTIVITIES <br />Cash Received from Utility Custorners <br />Cash Payments to Suppliers for Goods.and Services <br />Net Cash Provided by Operating Activities <br />CASH FLOWS FROM INVESTING ACTIVITIES <br />Interest on Investments <br />NET INCREASE IN: CASH AND CASH EQUIVALENTS <br />Cash and Cash Equivalents - Beginning of Year <br />CASH AND CASH EQUIVALENTS - END OF YEAR. <br />RECONCILIATION OF OPERATING INCOME TO NET <br />CASH PROVIDED BY OPERATING ACTIVITIES <br />Operating Income <br />Adjustments to Reconcile Operating Income to Net <br />Cash Provided.byOperating Activities, <br />Depreciation <br />Changes in Assets and Liabilities: <br />Customer Accounts Receivable <br />Special: Assessments Receivable <br />Prepaid Expenses <br />Accounts Payable <br />Net Cash Provided by Operating:Activities <br />Sewer <br />Utility <br />S. 47,634 <br />(25,061) <br />22,573 <br />3;809 <br />25,382 <br />276, 826 <br />3Q3;208 <br />$ 14,06.4 <br />12,456 <br />(2,625) <br />476. <br />278 <br />$ 22,573 <br />See .accompanying Notes to -Basic Financial Statements. <br />(1:3} <br />
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