Page 174 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

City of Winston-Salem, North Carolina
Combining Statement of Cash Flows

Internal Service Funds
For the Fiscal Year Ended June 30, 2018

Central Fleet Information Workers'
Warehouse Services Services Compensation
Reconciliation of Cash and Cash Equivalents/Investments
Cash and investments - current $ 154,277 $ 544,833 $ 53,592 $ 4,707,340
Cash and cash equivalents/investments June 30 $ 154,277 $ 544,833 $ 53,592 $ 4,707,340

Reconciliation of Operating Income (Loss) to Net Cash
Provided (Used) by Operating Activities
Operating income (loss) $ 79,364 $ 171,292 $ 245,444 $ 1,411,463
Adjustments to reconcile operating income (loss)
to net cash provided (used) by operating activities
Depreciation expense 13,790 476,913 683,814 -
Change in assets, deferred outflows of resources, liabilities,
and deferred inflows of resources
(Increase) decrease in receivables 337 - - -
(Increase) decrease in inventories 68,266 7,995 - -
(Increase) decrease in deferred outflows of resources - pensions - 109,622 303,369 18,656
Increase (decrease) in net pension liability - (103,068) (285,229) (17,540)
Increase (decrease) in net OPEB liability (10,605) (69,426) (192,121) (11,816)
Increase (decrease) in deferred inflows of resources - pensions - (9,202) (25,466) (1,566)
Increase (decrease) in deferred inflows of resources - OPEB 8,049 52,694 145,819 8,968
Increase (decrease) in accounts payable (2,947) (72,550) (971) 27
Increase (decrease) in accrued payroll 656 2,429 5,298 410
Increase (decrease) in employee taxes and deductions - - - -
Increase (decrease) in unearned revenue - - - -
Increase (decrease) in accrued vacation 2,369 10,670 3,281 1,760
Increase (decrease) in claims payable - - - (252,545)
Increase (decrease) in contracts payable - 4,399 149,864 -
Total adjustments 79,915 410,476 787,658 (253,646)
Net cash provided (used) by operating activities $ 159,279 $ 581,768 $ 1,033,102 $ 1,157,817

Noncash Investing, Capital, and Financing Activities
The City entered into leases for new property and equipment and incurred capital lease obligations of
$1,327,123 and $1,070,403 during the years ended June 30, 2018, and 2017, respectively.

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