Laserfiche WebLink
<br />LA PORTE AREA WATER AUTHORITY <br /> <br />STATEMENT OF CASH FLOWS <br />FOR THE YEAR ENDED SEPTEMBER 30, 2007 <br /> <br />CASH FLOWS FROM OPERATING ACTIVITIES <br />Receipts from customers <br />Payments to suppliers <br />Net cash provided by operating activities <br /> <br />$ <br />( <br /> <br />1,045,452 <br />929,803) <br />115,649 <br /> <br />CASH FLOWS FROM CAPITAL AND RELATED <br />FINANCING ACTIVITIES <br />Payments received from participants for debt service <br />Payments received from participants for capital recovery <br />Principal payments on revenue bonds <br />Interest paid on capital debt <br />Net cash provided by capital and related financing activities <br /> <br /> 760,701 <br /> 86,305 <br />( 460,000) <br />( 300,700) <br /> 86,306 <br />( 139,597) <br /> 110,132 <br /> 29,465) <br /> 172,490 <br /> 1,658,606 <br />$ 1,831,096 <br /> <br />CASH FLOWS FROM INVESTING ACTIVITIES <br />Purchase of investment securities <br />Interest <br />Net cash used by investing activities <br /> <br />NET INCREASE IN CASH AND CASH EQUIVALENTS <br />CASH AND CASH EQUIVALENTS, BEGINNING <br /> <br />CASH AND CASH EQUIVALENTS, ENDING <br /> <br />RECONCILIATION OF OPERATING INCOME (LOSS) TO <br />NET CASH PROVIDED BY OPERATING ACTIVITIES <br />Operating loss <br />Adjustments to reconcile operating income to <br />net cash provided by operating activities: <br />Depreciation expense <br />Change in assets and liabilities: <br />Decrease (increase) in assets: <br />Accounts receivable <br />Prepaid expenses <br /> <br />Increase (decrease) in liabilities: <br />Accounts payable <br /> <br />Net cash provided by operating activities <br /> <br />$( 188,239) <br /> 441,913 <br /> 10,390 <br />( 148,580) <br /> 165 <br />$ 115,649 <br /> <br />The accompanying notes are an integral part of these financial statements. <br /> <br />~T'. E. ~ "f\ lT, ?\ rn ]~= '\ rE: <br />. 1\1 .'~ lJ..JL . = V <br /> <br />& <br /> <br />T) <br />~.:~ <br /> <br />EJ-lI MI NARY <br />