For The Fiscal Year Ended June 30, 1996
(Expressed in Thousands)
| Correction Industries | Administrative Services | Total | |
|---|---|---|---|
| Cash Flows From Operating Activities: | |||
| Operating Income (Loss) | $ (31) | $ 3,971 | $ 3,940 |
| Adjustments to reconcile operating income to net cash | |||
| provided by (used in) operating activities: | |||
| Amortization and Depreciation | - | 16,010 | 16,010 |
| Changes in assets and liabilities: | |||
| (Increase) decrease in receivables | 655 | 21 | 676 |
| (Increase) decrease in due from other funds | 1,370 | 1,179 | 2,549 |
| (Increase) decrease in inventories and prepaid items | 373 | 1,780 | 2,153 |
| Increase (decrease) in accounts payable and accrued liabilities | (191) | (2,978) | (3,169) |
| Increase (decrease) in due to other funds | 3 | 1,482 | 1,485 |
| Miscellaneous operating activities | (28) | 224 | 196 |
| Net cash provided by (used in) operating activities | 2,151 | 21,689 | 23,840 |
| Cash Flows From Capital And Related Financing Activities: | |||
| Purchase of fixed assets. | (239) | (21,689) | (21,928) |
| Net cash provided by (used in) capital and related financing activities | (239) | (21,689) | (21,928) |
| Increase (decrease) in cash | 1,912 | - | 1,912 |
| Cash and cash equivalents, July 1 | - | - | - |
| Cash and cash equivalents, June 30 | $ 1,912 | $ - | $ 1,912 |