Laserfiche WebLink
PROSHOT CONCRETE, INC. AND SUBSIDIARIES <br />CONSOLIDATED STATEMENTS OF CASH FLOWS <br />FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018 <br />CASH FLOWS FROM FINANCING ACTIVITIES <br />Proceeds from issuance of long-term debt <br />Net proceeds from line of credit <br />Cash overdraft <br />Principal payments on long-term debt <br />Distributions to stockholder <br />Net cash provided by (used in) financing activities <br />INCREASE (DECREASE) IN CASH AND <br />CASH EQUIVALENTS <br />CASH AND CASH EQUIVALENTS AT BEGINNING <br />OF YEAR <br />CASH AND CASH EQUIVALENTS AT END OF YEAR <br />SUPPLEMENTAL DISCLOSURES OF CASH <br />FLOW INFORMATION <br />Cash paid during the year for interest <br />Acquisition of land through long-term debt <br />Acquisition of equipment through accrued expenses <br />2019 <br />$ 1,144,430 <br />(976,928) <br />12,898 <br />(773,693) <br />(218,994) <br />2018 <br />$ 329,239 <br />2,264,967 <br />66,695 <br />(365,953) <br />(812,287) 2,294,948 <br />36,478 (14,538) <br />33,428 47,966 <br />$ 69,906 $ 33,428 <br />$ 178,231 $ 150,929 <br />$ 275,000 $ - <br />$ 163,516 $ - <br />See notes to the consolidated financial statements. <br />9 <br />