Comprehensive Annual Financial Report (CAFR) - Johnson City

CITY OF JOHNSON CITY, TENNESSEECOMBINING STATEMENT OF CASH FLOWSINTERNAL SERVICE FUNDSFor the Fiscal Year Ended June 30, 2011InsuranceFundCash Flows from 0Qerating Activities:·Receipts from Customers and Users $ 17,531,094Receipts from Interfund Services ProvidedPayments to Employees (151,675)Payments to Suppliers (16,230,696)Payments for Interfund Services UsedMotorTransportFund317,3116,254,300(I ,995,565)(4,530,202)(45,844)TotalInternalServiceFunds17,848,4056,254,300(2,147,240)(20, 760,898)(45,844)Net Cash Provided by Operating Activities 1,148,7231,148,723Cash Flows from NoncaQital Financing Activities:Loans from Other Funds 452,428452,428Net Cash Provided by NoncapitalFinancing Activities 452,4280452,428Cash Flows from Investing Activities:Interest Received 11,02811,028Net Cash Provided by Investing Activities 11,028011,028Net Increase in Cash and Cash Equivalents 1,612,1791,612,179Cash and Cash Equivalents, July I, 2010 10,584,36710,584,367Cash and Cash Equivalents, June 30, 20 II $ 12,196,546012,196,546Reconciliation of 0Qerating Income (Loss} to NetCash Provided by 0Qerating Activities:Operating Income (Loss) $ 1,685,223Adjustments:Depreciation and AmortizationChanges in Assets and Liabilities:(Increase) Decrease in Accounts Receivable (108,079)(Increase) Decrease in Inventories(Increase) Decrease in Prepaid Insurance (25, 149)Increase (Decrease) in Accounts Payable 70,490Increase (Decrease) in Other Liabilities (473,174)Increase (Decrease) in Accrued Payroll Expenses (588)Increase (Decrease) in Compensated Absences26,146(42,369)(61 ,988)130,749(59,667)8,806(1,677)1,685,22326,146(150,448)(61,988)(25,149)201,239(532,841)8,218(1,677}Net Cash Provided by Operating Activities $ 1,148,7231,148,723Reconciliation of Cash and Cash Equivalents from Statement of Cash FlowsCash in Bank $ 11,749,790Cash Due from Central Depository 446,756$ 12,196,546011,749,790446,75612,196,546See Independent Auditors' Report.162