12/6/24
ABC Casino
2024
2023
Cash flows from operating activities: Cash received from customers
Statement of cash flows
208,796,000 165,164,000
Cash paid to employees Cash paid to suppliers Cash paid to the State Cash paid to related parties
(36,890,000) (40,209,000) (7,271,000) (3,293,000)
(34,935,000) (32,684,000) (7,651,000) (2,805,400)
Net cash provided by operating activities
121,133,000 87,088,600
Cash flows from non-capital financing activities Transfers to the Tribe
(104,706,000)
(68,400,000) (1,600,000)
Transfers to the Tribal Gaming Agency CARES Act reimbursement from Tribe
(1,800,000) 1,402,000
6,226,000
Net Cash (used) for non-capital financing activities
(105,104,000)
(63,774,000)
Cash flows from capital and related financing activities Acquisition of capital assets
(3,821,000)
(4,548,000)
Proceeds from sale of assets
438,000
65,000
Interest paid
(1,493,000) (17,000,000) (21,876,000)
(3,015,000) (12,000,000) (19,498,000)
Payments on long-term debt
Net cash (used) for capital and related financing activities
Cash flows from investing activites Interest received
32,000
50,000
Net (decrease) incrase in cash and cash equivalents
(5,815,000)
3,866,600
Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year
47,640,000 43,773,400 41,825,000 47,640,000
19
Statement of cash flows
Reconcilation of operating income to net cash provided by operating activities
Years ending December 31, 2024 and 2023
2024
2023
Operating income
$ 108,536,000
$ 69,423,000
Adjustments to reconcile operating income to net cash provided by operating activites Depreciation and amortization
14,202,000
13,935,000
Change in assets and liabiliteis Accounts receivable
(236,000) (1,739,000) (820,000) 680,000 277,000 378,000 (145,000) 121,133,000
55,000
Inventories
(483,000) 145,000 876,251 1,082,000 1,979,000
Prepaid expenses Accounts payable Accrued expenses Gaming liabilities
Accrued compensated asbsences
76,349
Net cash provided by operating activities
87,088,600
Noncash investing, capital and financing activities Capital assets purchased through accounts payable
301,000 475,000
401,000 931,700
Capital assets transferred from Tribe
20
10
Made with FlippingBook - Online catalogs