C150121 Finanicals 2008/2009

• Contract/PO #: C150121
• Contractor Name: Little Thompson Water District
• Contract Type: Loan
• Loan Projects - Doc Type: Report

Little Thompson Water District
Statement of Cash Flows
For the Years Ended December 31,2009 and 2008
2009 2008
Reconciliation of operating income to net cash
flows from operating activities:
Operating income 453,150 492,471
Adjustments to reconcile operating income to
net cash flows from operating activities:
Depreciation 1,404,434 1,288,908
Changes in assets and liabilities:
Receivables 76,550 (26,792)
Prepaid expenses (12,717) 25,632 -
Inventory 5,821 27,499
Accounts payable (365,088) (196,849)
Accrued expenses 162,590 (11,504)
Net cash flows from operating activities 1,724,740 1,599,365
Noncash investing, capital and financing activities:
Net loss from joint venture (137,734) (91,433)
Amortization of bond issuance costs and discounts 262,836 19,518
Contributed capital assets - 361,510
Capital assets acquired with accounts payable (142,247) 142,247
The accompanying notes are an integral part of these financial statements.
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