Page 17 - 2017-MVU-AnnualReport
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Statement of
                                                                                Cash Flows
                                                                                Proprietary Funds
                                                                                JUNE 30, 2017



          STATEMENT OF CASH FLOWS

          Cash Flows from operating Activities                                               Enterprise Fund  Electric
          Cash received from customers                                                                  $ 28,529,270
          Cash paid to suppliers for goods and services                                                ($ 21,585,538)
          Cash paid to employees for services                                                            ($ 837,615)
          Cash paid for claims
          Net Cash Provided (Used) by Operating   Activities                                            $ 6,106,117

          Cash Flows from Non-Capital Financing  Activities
          Cash transfers in
          Cash transfers out                                                                               ($ 4,793)
          Net Cash Provided (Used) by Non-Capital Financing Activities                                    ($ 4,793)
          Cash Flows from Capital and Related Financing Activities
          Proceeds from capital debt                                                                    $ 24,152,225
          Cash paid to refund old debt                                                                 ($ 21,725,607)
          Debt issuance costs                                                                            ($ 644,546)
          Acquisition and construction of capital assets                                               ($ 9,502,708)
          Engineering plan check fees                                                                     $ 275,035
          Principal paid on capital debt                                                               ($ 1,160,000)
          Interest paid on capital debt                                                                ($ 3,117,937)
          Net Cash Provided (Used) by Capital and Related Financing Activities                        ($ 11,723,538)
          Cash Flows from Investing Activities
          Interest received                                                                               $ 129,253
          Net Cash Provided (Used) by Investing Activities                                                $ 129,253
          Net Increase (Decrease) in Cash and Cash Equivalents                                         ($ 5,492 ,961)
          Cash and Cash Equivalents, Beginning of year                                                  $ 24,578,614
          Cash and Cash Equivalents, End of year                                                        $ 19,085,653
          Reconciliation of Operating Income (Loss) to Net Cash Provided
          (Used) By Operating Activities
          Provided (Used) By Operating Activities
          Operating Income (Loss)                                                                        $ 6,762,711
          Adjustments To Reconcile Operating, Income (Loss) To Net Cash
          Provided (Used) By Operating Activities
          Depreciation                                                                                   $ 1,102,548
          (Increase) decrease in account s receivable                                                    ($ 492,783)
          (Increase) decrease in prepaid costs                                                           ($ 923,785)
          (Increase) decrease in deferred outflows of resources related to pension                       ($ 216,530)
          (Increase) decrease in deferred outflows - Utility Network                                   ($ 2,423,742)
          (Increase) decrease in inventory                                                                ($ 63,794)
          Increase (decrease) in accounts payable                                                        $ 2,134,669
          Increase (decrease) in unearned revenue                                                          ($ 2,764)
          Increase (decrease) in deposits payable                                                            $ 869
          Increase (decrease) in self-insurance payable
          Increase (decrease) in net pension liability                                                    $ 185,579
          Increase (decrease) in OPEB liability                                                           ($ 38,607)
          Increase (decrease) in deferred inflows related to OPEB                                          $ 24,864
          Increase (decrease) in compensated absences                                                      $ 56,882
          Total adjustments                                                                             ($ 656,594)

          Net Cash Provided (Used) by Operating Activities                                               $6,106,117

          Non-cash Capital and Related Financing Activities
          There were no non-cash investing, capital or noncapital financing activities for the year ended June 30, 2017.
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