HomeMy Public PortalAbout660658METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDING
JUNE 2013
JUNE 2013
YTD
Cash flows from operating activities:
Received from customers $ 242,341,372
Paid to employees for services (92,818,922)
Paid to suppliers for goods and services (64,640,786)
Net cash flows from operating activities $ 84,881,664
Cash flows from capital & related financing activities:
Proceeds from capital grants $ 24,639
Taxes levied and collected 23,013,770
Proceeds from sale of utility plant 269,073
Proceeds from debt financing 257,888,292
Premium and (Discounts) on sale of bonds 35,097,262
Principal payments (21,857,996)
Interest and fees paid on bonds to be used for capital improvements (35,117,398)
Interest received on bond proceeds to be used for capital improvements 250,753
Payments for capital improvements (154,847,862)
Build America bond tax credit 1,742,160
Net cash used in capital and related
financing activities $ 106,462,693
Cash flows from investing activities:
Purchase of investments $ (671,031,455)
Proceeds from sale and maturity of investments 497,314,140
Investment income 5,014,629
Proceeds from rents 293,159
Net cash provided by investing activities $ (168,409,527)
Net increase in cash and cash equivalents
$ 22,934,830
Cash and cash equivalents at beginning of year $ 158,819,775
Cash and cash equivalents at end of period $ 181,754,605