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Indian River County, Florida <br />Board of County Commissioners <br />Statement of Cash Flows <br />Proprietary Funds <br />For the Year Ended September 30, 2011 <br />Enterprise Funds <br />Solid Waste <br />Disposal Golf <br />District Course <br />RECONCILIATION OF NET OPERATING INCOME (LOSS) TO NET <br />CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES <br />Operating income (loss) $ (1,147,533) $ 793,204 <br />Adjustments to reconcile operating income to net cash <br />provided by operating activities: <br />Depreciation <br />987,673 <br />122,977 <br />(Increase) Decrease in assets: <br />Accounts receivable <br />(44,008) <br />- <br />Due from other governments <br />(1,394) <br />500 <br />Inventories <br />- <br />(7,628) <br />Liens receivable <br />- <br />- <br />Impact fees receivable <br />- <br />- <br />Special assessments receivable <br />- <br />- <br />Prepaid items <br />- <br />- <br />Increase (Decrease) in liabilities: <br />Accounts payable <br />545,627 <br />(24,632) <br />Due to other governments <br />- <br />234 <br />Retainage payable <br />- <br />- <br />Customer deposits <br />(12,285) <br />- <br />Closure and maintenance costs payable <br />497,500 <br />- <br />Pollution remediation costs payable <br />- <br />- <br />Unearned revenues <br />- <br />846 <br />Claims payable <br />- <br />- <br />Accrued compensated absences <br />(178,588) <br />(4,358) <br />Total adjustments <br />1,794,525 <br />87,939 <br />Net cash provided by (used in) operating activities $ <br />646,992 $ <br />881,143 <br />NONCASH CAPITAL AND RELATED <br />FINANCING ACTIVITIES <br />Change in fair value of investments $ 19,061 $ 700 <br />Contributed property, infrastructure and equipment $ - $ - <br />Capital assets purchased through accounts payable $ 236,816 $ - <br />The accompanying notes are an integral part of the financial statements. <br />240 <br />