Combined Statements of Cash Flows
Years Ended March 31, 2001 and 2000
Increase (Decrease) in Cash
SPEEA Combined All Funds
General Properties, Eliminations
Fund Board Designated Funds Inc. (Note 11) 2001 2000
Strike &
Good of the Negotiation Building
Union Funds Fund Fund
Cash flows from
operating activities:
Dues income $ 4,509,822 $ $ $ $ $ $ 4,509,822 $ 2,822,219
Interest and
dividend income 21,926 266 387 17,954 40,533 63,612
Reimbursements from
Ed Wells Initiative
(Note 9) 242,667 242,667 280,836
Miscellaneous
cash receipts 4,723 22,018 18,000 (18,000) 26,741 482,965
Cash paid to suppliers
and employees (4,525,874) (32,007)   (9,379) (14,169) 18,000 (4,563,429) (3,928,463)
Net cash provided (used)
by operating activities $ 253,264 $ (9,723) $ 387 $ 8,575 $ 3,831 $ 0 $ 256,334 $ (278,831)
Cash flows from
investing activities:
Equipment purchased $ (281,741) $ $ (281,741) $ (164,010)
Investments purchased (302,361) (296,912) (599,273) (659,404)
Investments sold 361,767 266,022 627,789 1,153,940
Net cash provided (used)
by investing activities $ (222,335) $ (30,890) $ (253,225) $ 330,526
Interfund transfers
(Note 7) (75,000)   75,000          
Increase (decrease) in cash $ (44,071) $ (9,723) $ 75,387 $ (22,315) $ 3,831 $ 0 $ 3,109 $ 51,695
Cash at beginning of year 445,233 28,064 3,240 23,284 5,982   505,803 454,108
Cash at end of year $ 401,162 $ 18,341 $ 78,627 $ 969 $ 9,813 $ 0 $ 508,912 $ 505,803
Reconciliation of
increase (decrease)
in net assets from
current endeavors
to net cash provided (used)
by operating activities:
Increase (decrease)
in net assets
from current endeavors $ 171,046 $ (9,723) $ 387 $ (149,397) $ (17,692) $ $ (5,379) $ (460,339)
Adjustment for
non-cash (revenue)
and expense items:
Depreciation (Note 3) $ 64,586 $ $ 24,321 $ $ 88,907 $ 80,515
Realized (gain) loss on sale
of investments (24,397) 5,404 (18,993) (191,277)
Unrealized (gain) loss on
investments (Note 5) 173,943 152,568 326,511 56,952
Change in deferred
tax benefits (3,115) (3,115) (3,478)
Change in assets and liabilities
providing (using) cash:
Prepaid expense (658) (658) (14,415)
Reimbursements receivable 21,035 21,035 (21,035)
Accounts payable (204,555) 317 (204,238) 264,259
Severance pay and
compensatory
time off payable 52,264     52,264 9,987
Total adjustments $ 82,218     $ 157,972 $ 21,523   $ 261,713 $ 181,508
Net cash provided (used)
by operating activities $ 253,264 $ (9,723) $ 387 $ 8,575 $ 3,831 $   $ 256,334 $ (278,831)
Supplemental schedule of
non-cash investing activities:
Unrealized (gain) loss on
investments (Note 5) $ 173,943 $ 152,568 $ 326,511 $ 56,952