FY2016 CCDOA Financial Report as of 6302016.pdf - page 55

42
Clark County Department of Av iation
Clark County, Nevada
Statements of Cash Flows
For the Fiscal Years Ended June 30, 2016 and 2015
2016
2015
(000)
(000)
Reconciliation of operating income to net cash prov ided
by operating activ ities:
Operating income
103,348
$
88,689
$
Depreciation and amortization
197,738
198,672
(Increase) decrease in accounts receivable-operations
(5,831)
775
(Increase) decrease in other receivables-operations
112
(59)
(Increase) decrease in inventories
(723)
(461)
(Increase) decrease in prepaid expenses
92
147
(Increase) decrease in deferred outflows-pension
(3,165)
(20,855)
Increase (decrease) in accounts payable-operations
997
(3,999)
Increase (decrease) in accrued payroll and benefits
8,602
3,813
Increase (decrease) in deferred income
2,354
(1,740)
Increase (decrease) in deposits
374
99
Increase (decrease) in net pension liability
12,461
(14,362)
(Increase) decrease in deferred inflows-pension
(14,639)
33,604
Net cash prov ided by operating activ ities
301,720
$
284,323
$
Non-cash capital and related financing and investing activ ities:
Gain (loss) on investment income
(29,192)
$
1,174
$
With the implementation of GASBs 68 and 71 in FY 2015, the assumptions made by the actuary,
the changes in proportions, the deferral of pension contributions, and the changes in net
pension liability impacted the Statements of Net Position and the Statements of Revenues,
Expenses, and Changes in Net Position as follows:
Liabilities:
Net Pension Liability
-
$
144,663
$
Net Position:
Unrestricted
-
(144,663)
-
$
-
$
See accompanying notes to financial statements.
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