HomeMy Public PortalAbout460966METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDING
SEPTEMBER 2012
(UNAUDITED)
SEPTEMBER 2012
YTD
Cash flows from operating activities:
Received from customers $ 56,032,595
Paid to employees for services (20,503,311)
Paid to suppliers for goods and services (16,279,717)
Net cash flows from operating activities $ 19,249,567
Cash flows from capital & related financing activities:
Proceeds from capital contributions $ 150
Taxes levied and collected 318,918
Proceeds from sale of utility plant 28,000
Proceeds from debt financing 231,251,519
Premium and (Discounts) on sale of bonds 35,097,262
Principal payments (4,483,369)
Interest and fees paid on bonds to be used for capital improvements (3,950,128)
Interest received on bond proceeds to be used for capital improvements 83,857
Payments for capital improvements (42,005,000)
Build America bond tax credit
Net cash used in capital and related
financing activities $ 216,341,209
Cash flows from investing activities:
Purchase of investments $ (256,747,746)
Proceeds from sale and maturity of investments 52,083,281
Investment income 1,006,991
Proceeds from rents 69,505
Net cash provided by investing activities $ (203,587,969)
Net increase in cash and cash equivalents $ 32,002,807
Cash and cash equivalents at beginning of year
$ 158,819,775
Cash and cash equivalents at end of period $ 190,822,582