NTFB Documents FY15 Annual Report | Page 24

Statement of Cash Flow Supplemental Information Direct Analysis of Cash Flows from Operating Activities Non-cash Activity Cash received from contributors, grants & reimbursements $ Cash received from Partner Agencies Miscellaneous receipts 22,268,319 Donated food received $ 87,024,458 2,357,876 Donated food distributed $ 88,154,564 6,590 (25,407,743) Cash paid to employees and suppliers (774,958) Net cash provided by operating activities Investing Activities Purchase of property and equipment $ Proceeds from sale of investments 2,414,428 Purchase of investments (1,386,005) Net cash used in investing activities Financing Activities Proceeds from notes payable to bank (658,454) $ Principle payments on notes payable to bank 3,697,253 (2,500,000) 1 ,1 97, 2 53 Net cash provided by financing activities (236,159) Decrease in Cash and Cash Equivalents Cash and Cash Equivalents, Beginning of Year Cash and Cash Equivalents, End of Year (1,686,877) 739,644 $ 503,485 Please see full Audited Financial Statements at www.ntfb.org for notes and other supplementary information that is integral to the financial statements. An estimated wholesale value of the donated food and commodities is included in both the Statement of Financial Position and the Statement of Activities. Donated inventory is valued at an average of the national wholesale prices as determined