HomeMy Public PortalAbout660661METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDING
SEPTEMBER 2013
(UNAUDITED)
SEPTEMBER 2013
YTD
Cash flows from operating activities:
Received from customers $ 56,115,229
Paid to employees for services (20,655,786)
Paid to suppliers for goods and services (21,376,058)
Net cash flows from operating activities $ 14,083,385
Cash flows from capital & related financing activities:
Proceeds from capital grants $ 176
Taxes levied and collected 428,348
Proceeds from sale of utility plant 76,397
Proceeds from debt financing 4,803,267
Premium and (Discounts) on sale of bonds _
Principal payments (3,781,162)
Interest and fees paid on bonds to be used for capital improvements (1,868,684)
Interest received on bond proceeds to be used for capital improvements 164,117
Payments for capital improvements (38,547,637)
Build America bond tax credit
Net cash used in capital and related
financing activities $ (38,725,178)
Cash flows from investing activities:
Purchase of investments $ (89,449,433)
Proceeds from sale and maturity of investments 102,403,108
Investment income 1,134,269
Proceeds from rents 74,157
Net cash provided by investing activities $ 14,162,101
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
$ (10,479,692)
$ 181,754,605
Cash and cash equivalents at end of period $ 171,274,913