Laserfiche WebLink
CITY OF GEM LAKE, MINNESOTA <br />STATEMENT OF CASH FLOWS <br />PROPRIETARY FUND <br />YEAR ENDED DECEMBER 31, 2008 <br />(WITH. COMPARATIVE DATA FOR THE YEAR ENDED DECEMBER 31, 2007) <br />CASH FLOWS FROM OPERATING ACTIVITIES <br />Cash Received from Utility Customers <br />Cash Payments to Suppliers for -Goo * ds and Services <br />Net Cash Provided (Used) band <br />Activities <br />CASH FLOWS FROM INVESTING ACTIVITIES <br />Interest on Investments <br />CASH FLOWS FROM NONCAPITAL FINANCITJG-ACTIVITIES <br />Transfers In. <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 (LOSS) TO NET <br />CASH PROVIDED (USED) BY OPERATING ACTIVITIES <br />Operating Income (Loss) <br />Adjustments to Reconcile; Operating. Income (Loss). to Net <br />Cash Provided (Used) by:Operating 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 (Used) by Operating Activities <br />2008 <br />Sewer 2007 <br />Utility Totals <br />$ 53,142 $ 46,162 <br />(33,387) (52,992) <br />19,755 (6,290) <br />5,076 <br />25.000 <br />50,831 <br />� 2s,37a <br />$ 177:201 <br />$ 11,774 <br />6,641 <br />5.000 <br />5,351 <br />121,0.1.9 <br />126.370 <br />11,41.6 <br />11.416 <br />1,1.95 <br />(3,747) <br />1,241 <br />(1,723) <br />(5,927) <br />(?78). <br />56 <br />(426)' <br />$ 19:755 <br />$ t 6,2901 <br />See accompanying Notes to Basic Financial Statements. <br />(13) <br />