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CITY OF GEM LAKE, MINNESOTA <br />STATEMENT OF CASH FLOWS <br />PROPRIETARY FUND <br />YEAR ENDED. DEC EMBER 31, 2013 <br />f <br />Sewer <br />utility <br />j. CASH FLOWS FROM OPERATING. ACTIVITIES <br />Cash Received from Utility Customers <br />$ <br />52,866 <br />Cash Payments. to Suppliers for Goods and Services <br />(17,929) <br />Net Cash provided by Operating Activities <br />34,937 <br />CASH FLOWS FROM INVESTING ACTIVITIES <br />Interest on Investments <br />1,490 <br />NET INCREASE IN CASH AND CASH EQUIVALENTS <br />361427 <br />Cash and Cash Equivalents - Beginning of Year <br />334,645 <br />CASH AND CASH EQuivALENTS - END OF YEAR <br />$ <br />371,0,72 <br />RECONCILIATION OF OPERATING INCOME TO NET <br />CASH PROVIDED BY OPERATING ACTIVITIES <br />Operating Income <br />$ <br />7;814 <br />Adjustments to Reconcile Operating, Income to Net <br />Cash: Provided by Operating Activities:. <br />Depreciation <br />12,457 <br />Changes in Assets. and Liabilities: <br />Accounts Receivable <br />(:1,18DJ <br />.Due from Other Governments <br />(737) <br />Special Assessments Receivable <br />718 <br />Prepaid Expenses <br />5,449 <br />Accounts Payable <br />(126} <br />Due to Other Governments <br />10,542 <br />Net Cash Provided by Operating Activities <br />$ <br />34,937 <br />See accompanying Notes to Basic Financial. Statements. <br />.(14) <br />