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City of Roseville,Minnesota Statement 8
<br /> STATEMENT OF CASH FLOWS (Page 1 of 2)
<br /> PROPRIETARY FUNDS
<br /> For the Fiscal Year Ended December 31,2014
<br /> Business-type Activities-Enterprise Funds
<br /> Sanitary Sewer Water Golf Course
<br /> CASH FLOWS FROM OPERATING ACTIVITIES
<br /> Cash received from customers and users,including deposits 4,214,875 6,401,573 268,908
<br /> Cash payments to suppliers for goods and services (3.160,135) (5.037,800)
<br /> (73,692)
<br /> Cash payments to employees (441,340) (527,569) (243,386)
<br /> Other operating revenues 375 5,628 21,192
<br /> NET CASH PROVIDED(USED)BY OPERATING ACTIVITIES 613.775 841.832 (26,978)
<br /> CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
<br /> Transfers Out to Other Funds (285,000) (385.000) (20,000)
<br /> Cash borrowed from(repaid to)other funds 597,752 1.921.380 -
<br /> Subsidy from governmental grants 450,967 - -
<br /> NET CASH PROVIDED(USED)BY NONCAPITAL FINANCING ACTIVITIES 763.719 1,536.380 (20,000)
<br /> CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES
<br /> Purchase of capital assets (905,366) (2,320,629) (20.080)
<br /> Proceeds from sale of capital assets 9.510 1.003
<br /> NET CASH PROVIDED(USED)IN CAPITAL AND RELATED
<br /> FINANCING ACTIVITIES (895,856) (2.320.629) (19.077)
<br /> CASH FLOWS FROM INVESTING ACTIVITIES
<br /> Interest received on investments 9,272 649 3.130
<br /> Increase(Decrease)in Fair Value of Investments 47.348 12,826 12,159
<br /> NET CASH PROVIDED(USED)BY INVESTING ACTIVITIES 56.620 13,475 15.289
<br /> NET INCREASE(DECREASE)IN CASH AND CASH EQUIVALENTS 538,258 71,058 (50,766)
<br /> CASH AND CASH EQUIVALENTS,JANUARY 1 466,163 988,657 300.361
<br /> CASH AND CASH EQUIVALENTS.DECEMBER 31 1.004.421 1,059,715 249,595
<br /> RECONCILIATION OF OPERATING INCOME(LOSS)TO
<br /> NET CASH PROVIDED(USED)BY OPERATING ACTIVITIES
<br /> Operating Income(Loss) 575,335 1,109.197 (48.875)
<br /> Adjustments to Reconcile Operating Income to
<br /> Net Cash Provided(Used)by,Operating Activities
<br /> Depreciation 228.909 263,408 15,445
<br /> Changes in elements affecting cash:
<br /> (Increase)Decrease in Accounts receivable (17,476) (12,726) (936)
<br /> (Increase)Decrease in Special assessments 7,194 - -
<br /> (Increase)Decrease in Due from other governmental untis - (243,070) -
<br /> Increase(Decrease)in Accounts payable 119,956 (1,850) 3,151
<br /> Increase(Decrease)in Accrued payroll 1.117 1,300 3,047
<br /> Increase(Decrease)in Compensated absences (16,022) (613) (1,931)
<br /> Increase(Decrease)in Contracts payable (12,848) (92,553) -
<br /> Increase(Decrease)in Customer deposits - 71.058
<br /> Increase(Decrease)in Due to other governmental units (276,246) (256,175) 1.578
<br /> Increase(Decrease)in Net other postemployment benefits obligation 3,856 3,856 1,543
<br /> Increase(Decrease)in Insurance claim payable - - -
<br /> Total Adjustments 38.440 (267.365) 21.897
<br /> NET CASH PROVIDED(USED)BY OPERATING ACTIVITIES 613.775 841 332 (26,978)
<br /> NONCASH INVESTING,CAPITAL AND FINANCING ACTIVITIES
<br /> Increases(Decrease)in fair market value of investments 47.348 12.826 12,159
<br /> The notes to the financial statements are an integral part of this statement.
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