Page 8 - Microsoft Word - {8163B450-FFDE-4294-8624-C6B2D90F75D8}

Child Care Resource Center, Inc. Statements of Cash Flows
Cash flows from operating activities
Change in net assets
Adjustments to reconcile change in net assets
to net cash (used in) provided by operating activities Depreciation and amortization
Net realized gain on investments
Net unrealized losses (gains) on investments Loss on disposal of property and equipment (Increase) decrease in
Government contracts receivable
Other receivables
Prepaid expenses and other current assets Other assets
Increase (decrease) in
Accounts payable and accrued liabilities Due to funding agencies
Deferred revenue and advance payments Deferred rent
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property and equipment Proceeds from sale of property and equipment Purchase of investment securities
Proceeds from sale of investment securities Increase in funds held in reserve
Net cash used in investing activities
Cash flows from financing activities Proceeds from line of credit
Payments on line of credit
Proceeds from mortgage loan payable Payments on mortgage loan payable
Net cash provided by financing activities
Net increase (decrease) in cash and cash equivalents and cash held in reserve
Cash, cash equivalents and cash held in reserve, beginning of year
Cash, cash equivalents and cash held in reserve, end of year
Supplemental Disclosures of Cash Flow Information Cash paid during the year for interest
Years Ended June 30,
$
2018
3,622,602
1,460,067 (199,205)
53,422 104,783
2,536,051 (98,878)
196,049 215,683
2,389,184 -
(47,164) (123,953)
10,108,641
(9,437,500) 9,800
(263,723) 1,570,568 67,513
(8,053,342)
8,000,000 (8,000,000) 5,355,000
(205,012)
5,149,988
7,205,287 4,456,166
11,661,453 144,973
$
2017
422,167
1,120,018 (22,097) (267,441)
67,535
(5,582,821) 403,846
(66,446) (149,000)
3,389,922 2,791 389,458 15,671
(276,397)
(1,366,267) 4,241
(374,727) 226,463 257
(1,510,033)
7,300,000 (7,300,000)
- -
-
(1,786,430) 6,242,596
4,456,166 1,452
$ $
$ $
6
See accompanying notes.