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I
<br /> Winter Park Water and Sanitation District
<br /> ISTATEMENTS OF CASH FLOWS
<br /> For The Years Ended December 31, 2010 and 2009
<br /> I2010 2009
<br /> I CASH FLOWS FROM OPERATING ACTIVITIES
<br /> Receipts from customers $ 1,352,845 $ 1,324,806
<br /> Payments to suppliers for goods and services (585,243) (527,388)
<br /> I Payments to employees for services (417,423) (386,031)
<br /> Other receipts (payments) 184
<br /> Net cash provided by operating activities 350,179 411,571
<br /> ICASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
<br /> Property taxes 452,917 402,664
<br /> I Specific ownership taxes 16,371 18,411
<br /> County Treasurer's fees (22,819) (20,225)
<br /> Net cash provided by noncapital financing activities 446,469 400,850
<br /> ICASH FLOWS FROM CAPITAL AND RELATED FINANCING
<br /> ACTIVITIES
<br /> ITap fees 5,082 120,450
<br /> Acquisition of fixed assets (196,619) (350,447)
<br /> Deposit on Vail Ditch acquisition - -
<br /> I Debt principal payments (276,532) (267,405)
<br /> Interest paid on debt (112,977) (126,549)
<br /> Administrative costs paid on loan (24,400) (24,400)
<br /> INet cash provided (used) by capital and related
<br /> financing activities (605,446) (648,351)
<br /> ICASH FLOWS FROM INVESTING ACTIVITIES
<br /> Net redemption/(purchase) of long-term investments (1,340,894) 1,254,959
<br /> I Interest earnings received 86,772
<br /> (1 223,494
<br /> Net cash (used) by investing activities ,254,122) 1,478,453
<br /> I NET INCREASE (DECREASE) IN CASH AND CASH
<br /> EQUIVALENTS (1,062,920) 1,642,523
<br /> ICASH AND CASH EQUIVALENTS - beginning of year 6,493,181 4,850,658
<br /> CASH AND CASH EQUIVALENTS -end of year $ 5,430,261 $ 6,493,181
<br /> I
<br /> I (continued)
<br /> The accompanying Notes to Financial Statements are an integral part of these statements.
<br /> I9
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