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FY2021 ACFR
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FY2021 ACFR
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1/19/2022 2:22:09 PM
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1/19/2022 2:20:03 PM
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1/19/2022
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EXHIBIT 8PAGE 2 OF 2CABARRUS COUNTY, NORTH CAROLINASTATEMENT OF CASH FLOWSPROPRIETARY FUNDSFOR THE FISCAL YEAR ENDED JUNE 30, 2021Business‐type GovernmentalActivitiesActivitiesLandfillInternalEnterprise ServiceFundFundsReconciliation of operating income (loss) to net cash provided by (used for) operating activities:Operating income (loss)(126,521)$ 2,257,846$ Depreciation expense135,213 5,933 Pension expense(14,234) ‐ Accounts receivable and prepaid expenses26 60,915 Customers receivable4,394 ‐ Due from other governments(21,924) ‐ Increase in pension Liability29,862 ‐ Accrued salaries and compensated absences payable26 (551,399) Accounts payable(5,919) ‐ Deferred inflows of resources (OPEB)(20,971) ‐ Landfill closure post‐closure care cost(78,100) ‐ OPEB Liability33,449 ‐ Deferred inflows of resources (OPEB)(6,805) ‐ Total adjustments55,017 (484,551) Net cash provided by operating activities(71,504)$ 1,773,295$ The notes to the financial statements are an integral part of this statement.40
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