|
Cash flows from operating activities:
|
|
|
|
Operating income .........................................................................
|
|
$406,200
|
|
Adjustments to reconcile operating income to net cash provided by (used in) operating activities:
|
|
|
|
Depreciation and amortization .............................................................
|
$ 5,676
|
|
|
Changes in assets and liabilities:
|
|
|
|
Decrease (increase) in assets:
|
|
|
|
Intergovernmental receivable ..........................................................
|
(1,132)
|
|
|
Other accounts receivable .............................................................
|
(8,239)
|
|
|
Due from other funds .................................................................
|
(172,982)
|
|
|
Inventories .........................................................................
|
984
|
|
|
Loans and notes receivable ............................................................
|
(274,304)
|
|
|
Loans to other funds ..................................................................
|
(25,000)
|
|
|
Other assets .........................................................................
|
3,603
|
|
|
Increase (decrease) in liabilities:
|
|
|
|
Accounts payable and accrued liabilities ..................................................
|
22,059
|
|
|
Due to other funds ...................................................................
|
(12,984)
|
|
|
Accrued insurance and loan losses .......................................................
|
(20,603)
|
|
|
Other liabilities ......................................................................
|
19,792
|
|
|
Deferred revenue ....................................................................
|
19
|
|
|
Liabilities payable from restricted assets .................................................
|
(2,785)
|
|
|
Accrued retirement costs ..............................................................
|
(288)
|
|
|
Accrued workers' compensation costs ...................................................
|
(100)
|
|
|
Accrued annual leave .................................................................
|
1,635
|
|
|
Total adjustments ..................................................................
|
|
(464,649)
|
|
Net cash used by operating activities ....................................................
|
|
(58,449)
|
|
Cash flows from noncapital financing activities:
|
|
|
|
Increase in lottery prizes, net ................................................................
|
44,159
|
|
|
Proceeds from sale of revenue bonds .........................................................
|
273,652
|
|
|
Principal paid on revenue bonds .............................................................
|
(92,523)
|
|
|
Operating grants received ..................................................................
|
61,686
|
|
|
Operating transfers in .....................................................................
|
24,004
|
|
|
Operating transfers out ....................................................................
|
(389,170)
|
|
|
Net cash used by noncapital financing activities ............................................
|
|
(78,192)
|
|
Cash flows from capital and related financing activities:
|
|
|
|
Proceeds from sale of revenue bonds .........................................................
|
90,366
|
|
|
Defeasance of revenue bonds ................................................................
|
(55,000)
|
|
|
Principal paid on notes payable and revenue bonds ..............................................
|
(2,900)
|
|
|
Decrease in loans from other funds ...........................................................
|
(3,027)
|
|
|
Interest payments .........................................................................
|
(21,229)
|
|
|
Contributed capital ........................................................................
|
107,814
|
|
|
Acquisition and construction of property, plant and equipment ....................................
|
(41,750)
|
|
|
Proceeds from sale of property, plant and equipment ............................................
|
566
|
|
|
Increase in restricted assets .................................................................
|
(35,013)
|
|
|
Net cash provided by capital and related financing activities .................................
|
|
39,827
|
|
Cash flows from investing activities:
|
|
|
|
Purchase of investments ...................................................................
|
(4,869,867)
|
|
|
Proceeds from maturity and sale of investments ................................................
|
4,500,725
|
|
|
Interest and gains on investments ............................................................
|
9,512
|
|
|
Increase in deposits, net ....................................................................
|
19,096
|
|
|
Other, net ...............................................................................
|
9,589
|
|
|
Net cash used by investing activities .....................................................
|
|
(330,945)
|
|
Net decrease in cash and short-term investments ..........................................
|
|
(427,759)
|
|
Unrestricted cash and short-term investments balance, July 1, 1990 .................................
|
|
678,334
|
|
Unrestricted cash and short-term investments balance, June 30, 1991 ................................
|
|
$250,575
|
The accompanying notes to general purpose financial statements are an integral part of these financial statements.
