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INDIAN RIVER COUNTY, FLORIDA
<br />COMBINING STATEMENT OF CHANGES IN FINANCIAL POSITION
<br />ALL ENTERPRISE FUNDS
<br />Year Ended September 30, 1988
<br />Applications of Working Capital:
<br />Increase in restricted assets
<br />SOLID WASTE
<br />-
<br />Acquisition of fixed assets
<br />DISPOSAL
<br />GOLF
<br />Increase in other assets
<br />DISTRICT
<br />COURSE
<br />Sources of Working Capital:
<br />-
<br />42,374
<br />From operations:
<br />-
<br />-
<br />Net income (loss) before extraordinary item
<br />$ (648,226)
<br />$ (78,076)
<br />Add expenses not creating current liabilities
<br />10,724,633
<br />_
<br />162,621
<br />or using current assets:
<br />S (193,332)S
<br />(� 4.1288)
<br />Depreciation and amortization
<br />_ 243,709
<br />150,020
<br />Working capital provided from (used in) operations
<br />exclusive of extraordinary item
<br />(404,517)
<br />71,943
<br />Extraordinary item
<br />77,069
<br />-
<br />Disposal of fixed assets net of accumulated depreciation
<br />205
<br />3,959
<br />Increase in current liabilities payable from
<br />91,943
<br />-
<br />restricted assets
<br />2,501,357
<br />-
<br />Increase in other liabilities
<br />4,286
<br />11840
<br />Increase in capital leases
<br />-
<br />36,750
<br />Increase in notes payable
<br />-
<br />-
<br />Increase in bond anticipation notes payable
<br />-
<br />-
<br />Increase in revenue bonds payable
<br />8,240,000
<br />-
<br />Increase in contributions
<br />112,901
<br />-
<br />Total sources of working capital
<br />10,531,301
<br />114,393
<br />Applications of Working Capital:
<br />Increase in restricted assets
<br />7,664,044
<br />-
<br />Acquisition of fixed assets
<br />1,506,760
<br />120,137
<br />Increase in other assets
<br />246,801
<br />-
<br />Decrease in capital leases
<br />-
<br />42,374
<br />Decrease in notes payable
<br />-
<br />-
<br />Decrease in revenue bonds payable
<br />1,307,028
<br />Total applications of working capital
<br />10,724,633
<br />_
<br />162,621
<br />Net Increase (Decrease) in Working Capital
<br />S (193,332)S
<br />(� 4.1288)
<br />Component Elements of Net Increase (Decrease)
<br />in Working Capital:
<br />Equity in pooled cash and investments
<br />$ (538,221)
<br />S (103,383)
<br />Accounts receivable - net
<br />104,144
<br />713
<br />Due from other governments
<br />-
<br />_
<br />Interest receivable
<br />91,943
<br />-
<br />Inventories
<br />-
<br />21,137
<br />Deficit in equity in pooled cash and investments
<br />-
<br />(30,641)
<br />Accounts payable
<br />135,870
<br />52,356
<br />Other liabilities
<br />12,932
<br />11,780
<br />Net Increase (Decrease) in Working Capital
<br />S ll_ 93.332)
<br />S (i8.11e)
<br />59.
<br />
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