NTFB Documents FY16 Annual Report - Final | Page 24

CASH FLOW STATEMENT
Direct Analysis of Cash Flows from Operating Activities
Cash received from contributors, grants & reimbursements
Supplemental Information
$ 24,880,440
Cash received from Partner Agencies
2,222,664
Miscellaneous receipts
6,641
Cash paid to employees and suppliers
Non-cash Activity
Donated food received $ 102,522,74 2
Donated food distributed $
101,721,202
(26,761 ,41 7 )
Net cash provided by operating activities
348,328
Investing Activities
Proceeds from disposition of property & equipment
$
Purchase of property & equipment
20,955
(5,593,286 )
Proceeds from sale of investment
1,694,525
Purchase of investments
(6,546,990 )
Net cash used in investing activities
(10,424,796 )
Financing Activities
Proceeds from Capital Campaign contributions restricted for
strategic plan
$
Proceeds from notes payable to bank
6,949,857
Principle payments on notes payable to bank (2,875,000 )
Net cash provided by financing activities 11,077,966
Increase in Cash and Cash Equivalents
1,001,498
Cash and Cash Equivalents, Beginning of Year
Cash and Cash Equivalents, End of Year
24
7,003,109
503,485
$
1,504,983
Please see full Audited Financial Statements at
ntfb.org/financials 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 by an independent study
provided by Feeding America.