Statement of Cash Flows
 
Hobbzio Sys (fictional)
 
2:57 PM 09/12/2006


 
 
Current Month Year to Date
Cash Flows from operating activities
Net Income $13,833.00 $13,833.00
   
Adjustments to reconcile net
income to net cash provided
by operating activities
Accum. Depreciation - Furnitur 0.00 0.00
Accum. Depreciation - Equipmen 0.00 0.00
Accum. Depreciation - Automobi 0.00 0.00
Accum. Depreciation - Other 0.00 0.00
Accum. Depreciation - Leasehol 0.00 0.00
Accum. Depreciation - Building 0.00 0.00
Accum. Depreciation - Bldg Imp 0.00 0.00
Client Fees Receivable 0.00 0.00
Other Receivables 0.00 0.00
Allowance for Doubtful Account 0.00 0.00
Inventory 0.00 0.00
Prepaid Expenses 0.00 0.00
Employee Advances 0.00 0.00
Notes Receivable-Current 0.00 0.00
Other Current Assets 0.00 0.00
Accounts Payable 0.00 0.00
Accrued Expenses 0.00 0.00
Sales Tax Payable 44.00 44.00
Wages Payable 0.00 0.00
Deductions Payable 0.00 0.00
Federal Payroll Taxes Payable 0.00 0.00
FUTA Tax Payable 0.00 0.00
State Payroll Taxes Payable 31.00 31.00
SUTA Payable 0.00 0.00
Local Payroll Taxes Payable (3,343.00) (3,343.00)
Income Taxes Payable 0.00 0.00
Other Taxes Payable 0.00 0.00
Employee Benefits Payable 0.00 0.00
Current Portion Long-Term Debt 0.00 0.00
Client Escrow Funds 0.00 0.00
Other Current Liabilities 0.00 0.00
Suspense-Clearing Account 0.00 0.00
   
Total Adjustments (3,268.00) (3,268.00)
   
Net Cash provided by Operations 10,565.00 10,565.00
   
Cash Flows from investing activities
Used For
Furniture and Fixtures 0.00 0.00
Equipment 0.00 0.00
Automobiles (2,400.00) (2,400.00)
Other Depreciable Property 0.00 0.00
Leasehold Improvements 0.00 0.00
Building 0.00 (45,000.00)
Building Improvements 0.00 0.00
Land 0.00 (34,000.00)
Deposits 0.00 0.00
Organization Costs 0.00 0.00
Accum. Amortiz. - Org. Costs 0.00 0.00
Note Receivable-Noncurrent 0.00 0.00
Other Noncurrent Assets 0.00 0.00
   
Net cash used in investing (2,400.00) (81,400.00)
   
Cash Flows from financing activities
Proceeds From
Notes Payable-Noncurrent 0.00 0.00
Deferred Revenue 0.00 0.00
Other Long-Term Liabilities 0.00 0.00
Beginning Balance Equity 0.00 304,000.00
Common Stock 0.00 0.00
Paid-in Capital 0.00 0.00
Dividends Paid 0.00 0.00
Used For
Notes Payable-Noncurrent 0.00 0.00
Deferred Revenue 0.00 0.00
Other Long-Term Liabilities 0.00 0.00
Beginning Balance Equity 0.00 0.00
Common Stock (5,570.00) (5,570.00)
Paid-in Capital 0.00 0.00
Dividends Paid 0.00 0.00
   
Net cash used in financing (5,570.00) 298,430.00
   
Net increase/decrease  in cash $2,595.00 $227,595.00
   
Summary
Cash Balance at End of Period $218,052.00 $218,052.00
Cash Balance at Beg of Period (225,000.00) 0.00
   
Net Increase/Decrease in Cash $(6,948.00) $218,052.00