Laserfiche WebLink
Indian River County, Florida <br />Statement of Cash Flows <br />Proprietary Funds <br />For the Year Ended September 30, 2012 <br />Business -type Activities - <br />Solid Waste <br />Disposal Golf <br />District Course <br />RECONCILIATION OF OPERATING INCOME (LOSS) TO NET <br />CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES <br />Operating income (loss) $ (1,076,049) $ 905,601 <br />Adjustments to reconcile operating income to net cash <br />provided by (used in) operating activities: <br />Work in progress reclassified as expense - <br />Depreciation 842,318 129,906 <br />(Increase) Decrease in assets: <br />Accounts receivable (5,526) <br />Due from other funds (1,515) <br />Due from other governments - (300) <br />Inventories - (2,211) <br />Liens receivable - <br />Impact fees receivable - <br />Special assessments receivable - <br />Prepaid expenses - <br />Increase (Decrease) in liabilities: <br />Accounts payable 981,683 79,104 <br />Due to other governments - 26 <br />Retainage payable - <br />Customer deposits (515) <br />Closure and maintenance costs payable 497,500 <br />Pollution remediation costs payable - <br />Unearned revenues - 1,378 <br />Claims payable - <br />Accrued compensated absences 2,339 (21,687) <br />Total adjustments <br />2,316,284 186,216 <br />Net cash provided by (used in) operating activities $ 1,240,235 $ 1,091,817 <br />NONCASH CAPITAL AND RELATED <br />FINANCING ACTIVITIES <br />Change in fair value of investments $ (8,175) $ <br />Contributed property, infrastructure and equipment $ - $ <br />Capital assets purchased through accounts payable $ 773,815 $ <br />The accompanying notes are an integral part of the financial statements. <br />38 <br />(37 3) <br />