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Schedule 12
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Statement of Cash Flows
Component Unit
For the Fiscal Year Ended June 30, 2016
GREENSBORO
TRANSIT
AUTHORITY
Cash Flows from Operating Activities:
Receipts from Customers
3,017,421
$
Payments to Suppliers
(24,509,350)
Payments to Employees
(758,244)
Other Receipts
23,521,532
Net Cash Provided by Operating Activities
1,271,359
Cash Flows from Capital and Related
Financing Activities:
Acquisition and Construction of Capital Assets
(6,307,222)
Proceeds from Sale of Capital Assets
21,851
Net Cash Used for Capital and Related
Financing Activities
(6,285,371)
Cash Flows from Investing Activities:
Investment Income
1,096,082
Net Decrease in Cash and Cash Equivalents
(3,917,930)
Cash and Cash Equivalents/ Investments - July 1
5,698,434
Cash and Cash Equivalents/ Investments - June 30
1,780,504
$
Reconciliation of Cash and Cash Equivalents/ Investments:
Cash and Cash Equivalents/ Investments - Current
1,743,949
$
Cash and Cash Equivalents/ Investments - Restricted
36,555
Total Cash and Cash Equivalents/Investments - June 30
1,780,504
$
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