City of Camden NJ School District 2015.pdf

Reconciliation of operating income loss to net cash

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Reconciliation of Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities: Operating Loss (8,844,092.96) $ Adjustments to Reconcile Operating Income (Loss) to Net Cash Provided by (used for) Operating Activities: Depreciation and Net Amortization 120,408.74 (Increase) Decrease in Other Accounts Receivable 37,961.28 (Increase) Decrease in Inventory (60,155.99) Increase (Decrease) in Accounts Payable 94,051.22 Increase (Decrease) in Loan Payable Increase (Decrease) in Unearned Revenue (3,424.68) Total Adjustments 188,840.57 Net Cash Provided by (used for) Operating Activities (8,655,252.39) $ The accompanying Notes to Financial Statements are an integral part of this statement. 43
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27600 Exhibit B-7 CITY OF CAMDEN SCHOOL DISTRICT FIDUCIARY FUNDS Statement of Fiduciary Net Position As of June 30, 2015 Private-Purpose Trust Fund Agency Funds Unemployment Compensation Student Trust Activity Payroll ASSETS: Cash and Cash Equivalents 53,866.41 $ 17,172.53 $ 340,648.94 $ Intergovernmental Accounts Receivable: State 6,800.45 Other Accounts Receivable Intrafund Accounts Receivable 15,081.62 Interfund Accounts Receivable: Due General Fund 147,357.04 176.50 149,806.54 Due Food Service Fund 2,342.04 Total Assets 208,023.90 19,691.07 $ 505,537.10 $ LIABILITIES: Accounts Payable 117,942.28 Intrafund Accounts Payable 15,081.62 Payroll Deductions and Withholdings 505,537.10 $ Payable to Student Groups 19,691.07 $ Total Liabilities 133,023.90 19,691.07 $ 505,537.10 $ NET POSITION: Held in Trust for Unemployment Claims and Other Purposes 75,000.00 Total Net Position 75,000.00 $ The accompanying Notes to Financial Statements are an integral part of this statement. 44
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