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Statement of Cash Flows Affiliated Organization |
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For The Fiscal Year Ended June 30, 2000 (Expressed in Thousands) |
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| Cash Flows From Operating Activities: | |
|---|---|
| Change in Fund Balance | $ 47,933 |
| Adjustments to Reconcile Change in Fund Balance to Net Cash | |
| Used in Operating Activities: | |
| Receipts to Establish or Increae Permanent Endowments | (13,761) |
| Net Realized and Unrealized Gains on Investments | (22,549) |
| Gifts of Marketable Securities | (2,890) |
| Funds Held in Trust by Others | (1,720) |
| Loss on Sale of Donated Property and Collections | 656 |
| Depreciation and Other | 264 |
| Increase in Cash Surrender Value of Life Insurance | (2) |
| Changes in Assets and Liabilities: | |
| (Increase) in Pledges and Contributions Receivable, Net | (7,435) |
| (Increase)/Decrease in Other Assets | (1,020) |
| Increase in Accounts Payable and Accrued Expenses | (2,238) |
| Increase in Trusts and Annuities Payable | 329 |
| Total Adjustments | (50,366) |
| Net Cash Used in Operating Activities | (2,433) |
| Cash Flows From Investing Activities: | |
| Purchases of Investments | (146,068) |
| Sales of Investments | 131,277 |
| Purchases of Property and Equipment | (2,509) |
| Net Cash Used in Investing Activities | (17,300) |
| Cash Flows From Financing Activities: | |
| Receipts to Establish or Increase Permanent Endowments | 13,761 |
| Proceeds from Issuance of Long Term Deb. | 8,000 |
| Increase in Deferred Bond Issuance Costs | (240) |
| Net Cash Used in Financing Activities | 21,521 |
| Net Decrease in Cash and Cash Equivalents | 1,788 |
| Cash and Cash Equivalents - July 1 | 13 |
| Cash and Cash Equivalents - June 1 | $ 1,801 |
The accompanying notes are an integral part of the financial statements.