Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Statement of Cash Flows
Nonmajor Enterprise Funds, Continued
For the fiscal year ended June 30, 2008
124
Total
nonmajor
Solid Civic Special Parking enterprise
Water Waste Pier Auditorium Airport Stormwater Cemetery Aviation Authority funds
Reconciliation of operating income (loss) to net
cash provided by (used in) operating activities:
Operating income (loss) $ 488,259 642,230 (1,777,883) (629,250) (678,524) 916,392 (651,771) (18,333) (203,976) (1,912,856)
Adjustments to reconcile operating income
(loss) to net cash provided by (used in)
operating activities:
Add depreciation 1,095,289 9,463 329,220 284,427 565,300 284,130 100,525 18,333 32,071 2,718,758
Change in assets and liabilities:
(Increase) decrease in accounts
receivable (56,561) (394) (3,580) (3,334) (6,118) 107,874 89,993 — — 127,880
(Increase) in prepaids (945) — — — — — — — — (945)
(Increase) in inventory (45,083) — — — — — — — — (45,083)
Increase (decrease) in accounts
payable 323,270 3,454 (3,403) 61,627 128,066 (52,156) 78,422 — 35,529 574,809
(Decrease) in accrued
current liabilities (61,657) (98,426) (98,743) 24,592 12,912 — (11,304) — — (232,626)
Increase (decrease) in deposits 148,386 432,856 19,078 (20,717) 10,209 — — — — 589,812
Increase (decrease) in contracts
payable (382,569) — (232,121) (77,827) — — — — — (692,517)
Increase in accrued
noncurrent liabilities (13,575) (26,082) (25,636) 8,699 6,419 — (4,524) — — (54,699)
Other nonoperating revenue received 316,699 457,334 44,710 — 210,921 247,310 — — — 1,276,974
Total adjustments 1,323,254 778,205 29,525 277,467 927,709 587,158 253,112 18,333 67,600 4,262,363
Net cash provided by (used in)
operating activities $ 1,811,513 1,420,435 (1,748,358) (351,783) 249,185 1,503,550 (398,659) — (136,376) 2,349,507
There were no significant noncash capital financing or investing activities for the year ended June 30, 2008.