LARIMER COUNTY, COLORADO
COMBINED STATEMENT OF CASH FLOWS -
ALL PROPRIETARY FUND TYPES
Year Ended December 31, 1997
(With comparative totals for December 31, 1996)
  Enterprise Internal Memorandum Totals
  Solid Waste Service 1997 1996
         
CASH FLOWS FROM OPERATING ACTIVITIES:        
Cash received from external customers $ 3,975,751 $ 473,637 $ 4,449,388 $ 3,985,984
Cash received from internal customers 9,463 5,445,741 5,455,204 8,721,619
Cash payments to external suppliers for        
goods and services (1,784,789) (3,875,151) (5,659,940) (8,845,341)
Cash payments to internal suppliers for        
goods and services (356,642) (142,520) (499,162) (373,626)
Cash payments to employees for services (804,319) (1,231,628) (2,035,947) (1,670,791)
Compensation for loss - 26,426 26,426 5,374
In-house deductibles - 23,666 23,666 21,828
Pay phone revenue - 2,163 2,163 (5,603)
Petty cash - - - (2,730)
Intergovernmental revenue 38,047 - 38,047 -
Miscellaneous revenue 177 24,801 24,978 3,602
Grant expense (1,664)               - (1,664)               -
Net cash provided by operating activities 1,076,024 747,135 1,823,159 1,840,316
         
CASH FLOWS FROM NONCAPITAL        
FINANCING ACTIVITIES:        
Operating transfers in from other funds - 848,597 848,597 1,295,824
Operating transfers out to other funds (10,000) (786,351) (796,351) (1,038,650)
Net cash provided (used) by noncapital        
financing activities (10,000) 62,246 52,246 257,174
         
CASH FLOWS FROM CAPITAL AND RELATED        
FINANCING ACTIVITIES:        
Acquisition of fixed assets (379,625) (279,399) (659,024) (1,205,673)
Proceeds from financing - - - 74,585
Principal paid on capital lease (229,282) (10,457) (239,739) (234,327)
Interest paid on capital lease (159,841) (4,459) (164,300) (179,740)
Proceeds from sale of assets 66,674 11,717 78,391 65,244
Residual equity transfer out               - (887) (887)               -
Net cash provided (used) by capital and related        
financing activities (702,074) (283,485) (985,559) (1,479,911)
         
CASH FLOWS FROM INVESTING ACTIVITIES:        
Interest on investments 115,540 214,946 330,486 260,779
         
NET INCREASE IN CASH 479,490 740,842 1,220,332 878,358
         
CASH BALANCES, January 1 3,722,103 6,083,894 9,805,997 9,049,571
         
CASH BALANCES, December 31 $ 4,201,593 $ 6,824,736 $ 11,026,329 $ 9,927,929
         
         
NONCASH TRANSACTIONS AFFECTING        
FINANCIAL POSITION:        
Contributions of contributed capital $ - $ 14,156 $ 14,156 $ 2,079
Dispositions of contributed capital - - - -
Net change in contributed capital               - (14,156) (14,156) (2,079)
         
Net effect of noncash transactions $              - $              - $              - $              -
         
         
RECONCILIATION OF OPERATING INCOME        
TO NET CASH PROVIDED BY        
OPERATING ACTIVITIES:        
         
Operating Income (Loss) $ 710,282 $ (6,658) $ 703,624 $ 1,340,785
         
Adjustments to reconcile operating income        
to net cash provided by        
operating activities:        
Depreciation 265,470 288,303 553,773 474,396
Miscellaneous nonoperating income/expenses 36,560 77,056 113,616 32,615
Assets (increase) decrease:        
Due from other County funds 4,074 375,821 379,895 (53,372)
Due from other governmental units (56,866) 11,804 (45,062) (2,922)
Other receivables (29,493) (6,720) (36,213) (65,122)
Prepaids (6,110) 349 (5,761) (40,610)
Inventories - (1,691) (1,691) (26,619)
Liabilities increase (decrease):        
Accounts payable 20,907 (33,388) (12,481) (50,323)
Due to other County funds (43,082) 55,710 12,628 2,881
Due to other governmental units (2,943) (3,281) (6,224) (8,244)
Deferred revenue 1,933 34,028 35,961 410
Customer deposits 1,700 - 1,700 (1,100)
Accrued compensated absences 10,284 2,999 13,283 11,833
Claims payable - (47,197) (47,197) (195,674)
Closure and post-closure care 163,308               - 163,308 421,382
Total adjustments 365,742 753,793 1,119,535 499,531
         
Net cash provided by operating activities $ 1,076,024 $ 747,135 $ 1,823,159 $ 1,840,316

The Notes to Financial Statements are an integral part of this exhibit.

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