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5.1. 2019 FINAL Audited Financial Statements
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5.1. 2019 FINAL Audited Financial Statements
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Water Sewer <br />Fund Fund Totals <br />RECONCILIATION OF OPERATING INCOME TO <br />NET CASH PROVIDED BY OPERATING ACTIVITIES <br />Operating Income 114,134$ 146,594$ 260,728$ <br />Adjustments to Reconcile Operating Income <br />to Net Cash Provided by Operating Activities: <br />Depreciation 68,882 65,703 134,585 <br />Change in Assets, Liabilities, and Deferrals: <br />Accounts Receivable 1,251 1,002 2,253 <br />Accounts Payable (33,893) (14,295) (48,188) <br />Accrued Salaries 127 127 254 <br />Due to Other Governments 9 9 18 <br />Compensated Absences (36) (35) (71) <br />Deferred Inflows of Resources - OPEB 151 151 302 <br />Net OPEB Liability 739 739 1,478 <br />Deferred Outflows of Resources - Pensions 1,441 1,441 2,882 <br />Deferred Inflows of Resources - Pensions (432) (432) (864) <br />Net Pension Liability (1,842) (1,842) (3,684) <br />NET CASH PROVIDED BY OPERATING ACTIVITIES 150,531$ 199,162$ 349,693$ <br />SCHEDULE OF NONCASH CAPITAL AND RELATED <br />FINANCING ACTIVITIES <br />Amortization of Current Year Bond Premium 138$ -$ 138$ <br />CITY OF PEQUOT LAKES, MINNESOTA <br />STATEMENT OF CASH FLOWS (Continued) <br />PROPRIETARY FUNDS <br />FOR THE YEAR ENDED DECEMBER 31, 2019 <br />See accompanying notes. 22
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