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7.1.G. - Page 137 CITY OF REDWOOD CITY, CALIFORNIA
<br /> INTERNAL SERVICE FUNDS
<br /> COMBINING STATEMENT OF CASH FLOWS
<br /> INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
<br /> FOR THE FISCAL YEAR ENDED JUNE 30, 2013
<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 4,209,541 3,764,227 8,776,688 6,044,402 22,794,858
<br /> Cash payments to suppliers for goods and services (1,429,363) (4,842,793) (1,819,713) (6,415,765) (14,507,634)
<br /> Cash payments to employees for services (833,078) (365,799) (6,823,788) (8,022,665)
<br /> Net cash provided by (used in) operating activities 1,947,100 (1,444,365) 133,187 (371,363) 264,559
<br /> Cash flows from noncapital financing activities
<br /> Insurance recovery 2,225 2,225
<br /> Transfers in 1,565,345 1,565,345
<br /> Transfers out (14,116) (1,465,345) (1,479,461)
<br /> Advances to other funds (3,000,000) (3,000,000)
<br /> Contributions 1,256,097 1,256,097
<br /> Net cash provided by (used in) non - capital financing activities (3,000,000) 1,565,345 (11,891) (209,248) (1,655,794)
<br /> Cash flows from capital and related financing activities:
<br /> Acquisition and construction of capital assets (435,962) (435,962)
<br /> Proceeds from sale of equipment 53,058 53,058
<br /> Net cash used in capital and related financing activities (382,904) (382,904)
<br /> Cash flows from investing activities:
<br /> Interest on investments 15,418 22,645 4,224 3,657 45,944
<br /> Net cash provided by investing activities 15,418 22,645 4,224 3,657 45,944
<br /> Net increase (decrease) in cash and cash equivalents (1,420,386) 143,625 125,520 (576,954) (1,728,195)
<br /> Cash and cash equivalents at beginning of year 8,642,127 11,851,905 1,959,662 915,122 23,368,816
<br /> Cash and cash equivalents at end of year 7,221,741 11,995,530 2,085,182 338,168 21,640,621
<br /> Reconciliation of Net Cash Flow from Operating Activities
<br /> Operating income (loss) 950,998 (3,037,376) (329,237) 181,610 (2,234,005)
<br /> Adjustments to reconcile operating income(loss) to
<br /> net cash provided by operating activities:
<br /> Depreciation 1,032,386 143,804 1,176,190
<br /> Change in assets and liabilities:
<br /> Decrease (increase) in accounts receivable (18,358) 407 (17,951)
<br /> Decrease (increase) in due from other governmental agencies (45,621) 125,115 79,494
<br /> Decrease (increase) in inventory/prepaid expense /deposits 10,316 (9,071) 1,245
<br /> Increase (decrease) in vacation & sick leave payable 11,782 54,298 66,080
<br /> Increase (decrease) in accounts payable (35,408) (28,902) 142,594 (552,973) (474,689)
<br /> Increase (decrease) in unearned revenue 40,000 40,000
<br /> Increase (decrease) in net OPEB obligation 1,005 351 5,277 6,633
<br /> Increase (decrease) in insurance claims payable 1,621,562 1,621,562
<br /> Total adjustments 996,102 1,593,011 462,424 (552,973) 2,498,564
<br /> Net cash provided by (used in) operating activities 1,947,100 (1,444,365) 133,187 (371,363) 264,559
<br /> Noncash investing, capital and financing activities:
<br /> Noncash capital contributions 268,380 268,380
<br /> Gain (loss) on disposal of equipment (61,398) (24,110) (85,508)
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