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CITY OF REDWOOD CITY,CALIFORNIA 6.1.F. - Page 135
<br /> INTERNALSERVICE FUNDS
<br /> COMBINING STATEMENT OF CASH FLOWS
<br /> INCREASE(DECREASE)IN CASH AND CASH EQUIVALENTS
<br /> FOR THE FISCAL YEAR ENDED JUNE 30,2012
<br /> Equipment Self Internal Employee
<br /> Services Insurance Services Benefits
<br /> Fund Fund Fund Fund Total
<br /> $ $ $ $ $
<br /> Cash flows from operating activities:
<br /> Cash received from interfund services provided 4,134,495 3,756,578 8,719,676 4,957,691 21,568,440
<br /> Cash payments to suppliers for goods and services (1,226,019) (3,355,671) (1,894,238) (5,343,395) (11,819,323)
<br /> Cash payments to employees for services (1,013,420) (383,923) (6,702,282) (1,255,580) (9,355,205)
<br /> Net cash provided by operating activities 1,895,056 16,984 123,156 (1,641,284) 393,912
<br /> Cash flows from noncapital financing activities
<br /> Insurancerecovery 8,762 407 9,169
<br /> Transfers out (14,417) (14,417)
<br /> Advancesto otherfunds 500,000 500,000
<br /> Net cash used in non-capital financing activities 8,762 500,000 (14,010) 494,752
<br /> Cash flows from capital and related financing activities:
<br /> Acquisition and construction of capital assets (1,338,386) (14,101) (1,352,487)
<br /> Contributions 12,832 12,832
<br /> Proceeds from sale of equipment 86,444 86,444
<br /> Net cash used for capital and related financing activities (1,251,942) (1,269) (1,253,211)
<br /> Cash flows from investing activities:
<br /> Interest on investments 57,837 105,179 19,326 30,679 213,021
<br /> Change in fair value of investments 9,946 (12,998) (2,454) (3,953) (9,459)
<br /> Net cash provided by investing activities 67,783 92,181 16,872 26,726 203,562
<br /> Netincrease(decrease)in cash and cash equivalents 719,659 609,165 124,749 (1,614,558) (160,985)
<br /> Cash and cash equivalents at beginning of year 7,922,468 11,242,740 1,834,913 2,529,680 23,529,801
<br /> Cash and cash equivalents at end of year 8,642,127 11,851,905 1,959,662 915,122 23,368,816
<br /> Reconciliation of Net Cash Flow from Operating Activities
<br /> Operating income(loss) 820,891 (786,964) 72,129 (2,193,802) (2,087,746)
<br /> Adjustments to reconcile operating income(loss)to
<br /> net cash provided by operating activities:
<br /> Depreciation 1,048,947 135,436 1,184,383
<br /> Change in assets and liabilities:
<br /> Increase(decrease)in insurance claims payable 826,830 826,830
<br /> Decrease(increase)in accountsreceivable (4,514) 2,950 (455) (2,019)
<br /> Decrease(increase)in due from other governmental agencies (174) (87,682) (87,856)
<br /> Decrease(increase)ininventory/prepaid expense/deposits 10,446 9,022 19,468
<br /> Increase(decrease)in vacation&sickleave payable (46,746) 55,047 8,301
<br /> Increase(decrease)in accountspayable 65,136 (23,255) (69,359) 552,973 525,495
<br /> Increase(decrease)in net OPEB obligation 1,070 373 5,613 7,056
<br /> Total adjustments 1,074,165 803,948 51,027 552,518 2,481,658
<br /> Net cash provided by operating activities 1,895,056 16,984 123,156 (1,641,284) 393,912
<br /> Noncash investing,capital and tinancing activities:
<br /> Noncash capital contributions 78,603 78,899 157,502
<br /> Gain(loss)on disposal ot equipment (40,534) (2,168) (42,702)
<br /> 107
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