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Statement of Cash Flows Affiliated Organization |
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For The Fiscal Year Ended June 30, 2001 (Expressed in Thousands) |
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| Cash Flows From Operating Activities: | |
|---|---|
| Cash Flows From Operating Activities: | |
| Change in Fund Balance | $(12,563) |
| Adjustments to Reconcile Change in Fund Balance to Net Cash | |
| Used in Operating Activities: | |
| Receipts to Establish or Increae Permanent Endowments | (20,306) |
| Net Realized and Unrealized Gains on Investments | 31,935 |
| Gifts of Marketable Securities | (6,405) |
| Funds Held in Trust by Others | (2,434) |
| Loss on Sale of Donated Property and Collections | (1,294) |
| Depreciation and Other | 389 |
| Increase in Cash Surrender Value of Life Insurance | - |
| Changes in Assets and Liabilities: | (9) |
| (Increase) in Pledges and Contributions Receivable, Net | (3,107) |
| (Increase)/Decrease in Other Assets | 1,362 |
| Increase in Accounts Payable and Accrued Expenses | 457 |
| Increase in Trusts and Annuities Payable | (214) |
| Total Adjustments | 374 |
| Net Cash Used in Operating Activities | (12,189) |
| Cash Flows From Investing Activities: | |
| Purchases of Investments | (91,702) |
| Sales of Investments | 82,733 |
| Net proceeds from sale of Property and Equipment | 1,154 |
| Purchases of Property and Equipment | (328) |
| Net Cash Used in Investing Activities | (8,143) |
| Cash Flows From Financing Activities: | |
| Receipts to Establish or Increase Permanent Endowments | 20,306 |
| Payments on Long Term Debt | (100) |
| Increase in Deferred Bond Issuance Costs | - |
| Net Cash Used in Financing Activities | 20,206 |
| Net Decrease in Cash and Cash Equivalents | (126) |
| Cash and Cash Equivalents - July 1 | 1,801 |
| Cash and Cash Equivalents - June 1 | $1,675 |
The accompanying notes are an integral part of the financial statements.