Laserfiche WebLink
Indian River MemorJal Hospital , Inc . and Subsidiaries <br /> Consolidated Statements of Cash Flows - Continued <br /> For the Years Ended September 30 , 2002 arta 2001 <br /> 2002 2001 <br /> Cash flows from investing activities: <br /> Decrease in investments 825742638 528712218 <br /> (Increase) decrease in other assets (456,305) 3332106 <br /> Decrease in fiends held by trustee for <br /> professional liability program 252,736 _ 3462056 <br /> Acquisitions of property and equipment (102,9062608) (11 ,661,968) <br /> Proceeds from sale of property and equipment 702117 - <br /> Dec reaw in board designated funds 51455,767 _ 4,7572486 <br /> Decrease in permanently restricted funds - <br /> held by trustee 502000 37,256 <br /> Net cash used in investing activities 32040,345 (31650847) <br /> Cash flows from financing acfivities : <br /> Payments on bond obligations ( 1103802000) (1 ,0853,000) <br /> Proceeds from note payable - 520003,000 <br /> Payments on note payable (783 ,718) (266,080) <br /> Decrease. (increase) in trustee held debt service <br /> reserve funds - 2,2502785 (21476,554) <br /> (Increase) decrease in unused restricted donations for _ - <br /> property and equipment additions_ (323932804) - 30,063 <br /> Net cash provided by financing activities (3,3062737) 112021,429 <br /> Net increase in cash and cash equivalents 420712050 9783760 <br /> Cash and cash equivalents at beginning of year 1 , 8252279 846,519 <br /> Cash and cash equivalents at end of year $ 5 , 896,329 _ $ 1 ,8252279 <br /> Supplemental disclosure of cash flow information: <br /> Interest paid during the year $ 3 ,4015596 $ 4,0212000 <br /> The accompanying notes are an integral part of these consolidated financial statements, <br /> -7- <br />