C150161 Feasibility Study

• Contract/PO #: C150161
• Contractor Name: Greeley and Loveland Irrigation Company
• Contract Type: Loan
• Water District: 4
• County: Larimer
• Loan Projects - Doc Type: Feasibility Study

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THE GREELEY AND LOVELAND IRRIGATION COMPANY
Greelev. Colorado
Statements of Cash Flows
For The Years Ended October 31. 2002 and 2001

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Cash Flows From Operatina Activities
Net Loss
Adjustments to Reconcile Net Loss to Net Cash
Provided by Operating Activities:
Depreciation
Deferred Income Taxes
(Increase) Decrease in Assets:
Receivables
Prepaid Expenses
Increase (Decrease) in Liabilities:
Accounts Payable
Accrued Liabilities
Tenant Security Deposit
Nonrefundable Escrow Obligations

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Net Cash Provided by Operatina Activities

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Cash Flows From Investina Activities
Purchases of Property and Equipment
(Increase) Decease in Investments
Prior Period Adjustment

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Net Cash Provided bv (Used by) Investing
Activities

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Cash Flows From Financinq Activities
Repayment of Long-Term Debt

Net Cash Used bv Financing Activities

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Net Chanae in Cash and Cash Eauivalents

Cash and Cash Eauivalents - Beginning of Year

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Cash and Cash Eauivalents - End of Year

Supplemental Cash Flow Detail

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2002

(15/441)

80/687
(6/464 )

(33/254)
(1/003)

41/955
(229)
1/600
(1/126)

66/725

(11/696)
3/616
(50/000)

(58/080)

(8/353)

(8/353)

292

187/424

187/716

Amounts paid in cash for interest and income taxes during the periods:

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Interest Paid
Income Taxes Paid

Total

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12/694

12/694

2001

(17/374)

76/649
(8/833)

(3/452 )
848

(12/504)
(1/313)
2/500
(5/000)

31/521

(299/525)
327/264

27/739

(8/035)

(8/035 )

51/225

136/199

187/424

13/012
5/656

18/668

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Exhibit 3

The accompanying notes are an integral part of these financial statements.

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