Appendix
Statement D: Consolidated Statement of Cash Flows
May 8, 2018Page 321 section
Financial statement outlining the sources and uses of cash in operating, capital, and financing activities.
Cash provided by operating activities: $5,584,919Net increase in cash: $3,967,212
Town of View Royal
Consolidated Statement of Cash Flows
Year ended December 31, 2017
| 2017 | 2016 | |
|---|---|---|
| Cash provided by (used in) | ||
| Operating activities | ||
| Annual surplus | $ 4,952,183 | $ 6,681,486 |
| Items not affecting operating activities | ||
| Contributed tangible capital assets | (4,594,255) | (6,967,376) |
| Amortization of tangible capital assets | 2,973,716 | 2,891,625 |
| Loss on disposal and write-down of tangible capital assets | 43,390 | 6,465 |
| Change in inventory of supplies | (9,209) | - |
| Change in prepaid expenses | 22,385 | 143,308 |
| Actuarial adjustment on debt | (41,498) | (35,026) |
| Change in proportionate share of West Shore Parks and Recreation Society | - | (8,090) |
| Decrease (increase) in non-cash financial assets | ||
| Property taxes receivable | 13,792 | 8,202 |
| Accounts receivable | (115,185) | 15,749 |
| Inventory held for sale | 2,859 | (3,216) |
| Assets held for resale | 327,940 | (55,625) |
| Increase (decrease) in liabilities | ||
| Accounts payable and accrued liabilities | (13,344) | (130,578) |
| Deposits | 209,171 | (805,770) |
| Deferred revenue | 1,802,465 | (63,381) |
| Prepaid property taxes | (6,171) | 56,151 |
| Employee benefits and retirement obligations | 16,680 | 7,830 |
| 5,584,919 | 1,741,754 | |
| Capital activities | ||
| Acquisition of tangible capital assets | (1,311,237) | (1,952,891) |
| (1,311,237) | (1,952,891) | |
| Financing activities | ||
| Debt principal repaid | (306,470) | (299,559) |
| Increase (decrease) in cash and cash equivalents | 3,967,212 | (510,696) |
| Cash and temporary investments, beginning | 15,675,883 | 16,186,579 |
| Cash and cash equivalents, ending | $ 19,643,095 | $ 15,675,883 |
The accompanying notes and schedules are an integral part of these financial statements.
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Extracted from: 2018 05 08 Committee of the Whole Agenda - Agenda - Pdf