2012 Comprehensive Annual Financial Report - the City of Tukwila

CITY OF TUKWILA: 2012 CAFRBASIC FINANCIAL STATEMENTSCITY OF TUKWILA, WASHINGTONSTATEMENT OF CASH FLOWSPROPRIETARY FUNDSFOR THE FISCAL YEAR ENDED DECEMBER 31, 2012Page 1 of 2GOVERNMENTFOSTER SURFACE TOTAL ACTIVITIESWATER SEWER GOLF WATER ENTERPRISE INTERNALUTILITY UTILITY COURSE UTILITY FUNDS SERVICE FUNDSCASH FLOWS FROM OPERATING ACTIVITIES:CASH RECEIVED FROM CUSTOMERS $ 5,166,491 $ 6,485,479 $ 1,336,482 $ 3,648,413 $ 16,636,865 $ 7,244,484CASH PAID TO SUPPLIERS (2,489,057) (3,662,869) (316,445) (424,750) (6,893,122) (5,935,324)CASH PAID FOR TAXES (735,331) (730,112) (65,471) (419,805) (1,950,719) -CASH PAID FOR INVENTORY 6,059 (806) (82,649) - (77,397) (48,317)CASH PAID TO EMPLOYEES (736,511) (410,537) (919,548) (960,500) (3,027,097) (477,030)OTHER CASH RECEIVED (PAID) - - 93,701 2,429 96,131 154,950NET CASH PROVIDED (USED)BY OPERATING ACTIVITIES 1,211,651 1,681,154 46,069 1,845,787 4,784,661 938,763CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:OPERATING GRANT RECEIVED - - - 64,829 64,829 -TRANSFERS IN 98,460 - 225,000 - 323,460 -TRANSFERS OUT (517,377) (446,980) (15,160) (400,786) (1,380,303) (394,591)NET CASH PROVIDED (USED) BY NON-CAPITAL FINANCING ACTIVITIES (418,917) (446,980) 209,840 (335,957) (992,014) (383,808)CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:PROCEEDS FROM SALE OF EQUIPMENT 9,038 - - (72) 8,966 79,251PURCHASE OF CAPITAL ASSETS (196,456) (434,592) - (1,024,079) (1,655,127) (233,086)CONTRIBUTED CAPITAL 3,550 103,800 - - 107,350 -CAPITAL GRANTS 3,791 1,513 - 65,885 71,189 -PREMIUM & BOND ISSUANCE COSTS 2,628 1,638 - (36) 4,229 -PRINCIPAL PAYMENT ON DEBT (438,880) (272,861) - (286,553) (998,293) -INTEREST PAYMENT ON DEBT (131,548) (67,682) - (31,112) (230,342) -NET CASH PROVIDED (USED) FOR CAPITALAND RELATED FINANCING ACTIVITIES (747,877) (668,184) - (1,275,967) (2,692,027) (153,835)CASH FLOW FROM INVESTING ACTIVITIES:PROCEEDS FROM SALE OF INVESTMENTS - - - - - 2,669,266PURCHASE OF INVESTMENTS - - - - - (908,579)INTEREST RECEIVED 53,895 21,084 21,660 13,744 110,384 259,881NET CASH PROVIDED (USED) IN INVESTING ACTIVITIES 53,895 21,084 21,660 13,744 110,384 2,020,568NET INCREASE (DECREASE) IN CASH ANDCASH EQUIVALENTS 98,753 587,075 277,569 247,607 1,211,003 2,421,688CASH AND CASH EQUIVALENTS-BEGINNING OF YEAR 1,086,760 997,382 33,212 2,097,280 4,214,634 4,776,824CASH AND CASH EQUIVALENTS-END OF YEAR $ 1,185,512 $ 1,584,458 $ 310,781 $ 2,344,887 $ 5,425,638 $ 7,198,512CASH AT END OF YEAR CONSISTS OF:CASH AND CASH EQUIVALENTS $ 912,764 $ 1,457,624 $ 253,483 $ 2,307,990 $ 4,931,861 $ 7,198,512RESTRICTED CASH-BOND PAYMENTS 266,713 126,834 - 36,897 430,444 -RESTRICTED CASH-CUSTOMER DEPOSITS 6,035 - 57,297 - 63,332 -TOTAL CASH $ 1,185,512 $ 1,584,458 $ 310,781 $ 2,344,887 $ 5,425,638 $ 7,198,512The notes to the financial statements are an integral part of this statement.44