CONSOLIDATING STATEMENTS OF CASH FLOWS.

• Position: California Society of Certified Public Accountants, California Certified Public Accountants Education Foundation - Brief Article

CONSOLIDATING STATEMENTS OF CASH FLOWS The California Society of Certified Public Accountants California Certified Public Accountants Education Foundation Years Ended April 30, 2001 and 2000 CalCPA 2001 2000 Operating Activities: Increase (decrease) in net assets $ 1,247,000 $ 1,247,000 Reconcilliation to net cash provided (used) by operating activities: Net realized and unrealized losse 221,000 (28,000) (gains) on investments Depreciation and amortization 495,000 527,000 Loss on disposal of property and 40,000 37,000 equipment Abandoned software Deferred lease costs 382,000 (55,000) Accrued pension liability 227,000 208,000) Changes in: Trade and other receivables (136,000) 257,000 Other current assets 103,000 (47,000) Accoutns payable 156,000 (143,000) Accrued expenses (291,000) 143,000 Deferred revenue 140,000 88,000 Net cash provided (used) by operating activities 2,584,000 2,234,000 Investing Activities: Purchase of investments (929,000) (1,110,000) Proceeds from sale of investments 841,000 824,000 Purchases of property and equipme (839,000) (285,000) Net cash used by investing (927,000) (571,000) activities Financing Activities: Payments on contract payable (60,000) (73,000) Net Increase (Decrease) In cash and Equivalents 1,597,000 1,590,000 Cash and Equivalents: Beginning of year 4,156,000 2,566,000 End of year $ 5,753,000 $ 4,156,000 Foundation 2001 2000 Operating Activities: Increase (decrease) in net assets $ 771,000 $ (361,000) Reconcilliation to net cash provided (used) by operating activities: Net realized and unrealized losse 425,000 (125,000) (gains) on investments Depreciation and amortization 161,000 161,000 Loss on disposal of property and 58,000 equipment Abandoned software 531,000 Deferred lease costs 10,000 (149,000) Accrued pension liability 102,000 108,000 Changes in: Trade and other receivables 85,000 (38,000) Other current assets 40,000 (67,000 Accoutns payable (2,000) (12,000) Accrued...