CAFR 2016

Schedule 12 Page 2 of 2

Statement of Cash Flows Component Unit For the Fiscal Year Ended June 30, 2008

GREENSBORO TRANSIT AUTHORITY

(continued)

Reconciliation of Operating Loss to Net Cash Provided by Operating Activities: Operating Loss

$

(21,774,188)

Adjustments to Reconcile Operating Loss to Net Cash Used by Operating Activities: Depreciation

3,169,214

Change in Assets and Liabilities: Decrease in Receivables

552,133 (52,036) 105,746 (12,444) (22,538) (3,003,725) 22,309,197 23,045,547

Increase in Inventories

Increase in Intergovernmental Receivables Increase in Accounts Payable Decrease in Annual Leave Accrual Decrease in Miscellaneous Payable

Other Receipts

Total Adjustments

Net Cash Provided by Operating Activities

$

1,271,359

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