COG Comprehensive Annual Financial Report

Schedule 16 Page 1 of 2

Statement of Cash Flows Component Unit For the Fiscal Year Ended June 30, 2018

GREENSBORO TRANSIT AUTHORITY

Cash Flows from Operating Activities: Receipts from Customers

$

2,833,337

Payments to Suppliers Payments to Employees

(22,532,358)

(806,876)

Other Receipts

20,463,554

Net Cash Used by Operating Activities

(42,343)

Cash Flows from Capital and Related Financing Activities: Acquisition and Construction of Capital Assets Proceeds from Sale of Capital Assets Net Cash Used for Capital and Related Financing Activities Cash Flows from Investing Activities: Investment Income

(2,311,898) 1,505,112

(806,786)

969,495

Net Increase in Cash and Cash Equivalents

120,366

Cash and Cash Equivalents/ Investments - July 1 Cash and Cash Equivalents/ Investments - June 30

6,490,691 6,611,057

$

Reconciliation of Cash and Cash Equivalents/ Investments: Cash and Cash Equivalents/ Investments - Current Cash and Cash Equivalents/ Investments - Restricted Total Cash and Cash Equivalents/Investments - June 30

$

5,214,839 1,396,218 6,611,057

$

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