WILMINGTON COUNTRY CLUB Statement of Cashflows ($000's)
Actual
Actual
12/31/2023
6/30/2024
Cash flows from operating activities Net Profit or (Loss)
$
(944)
(613)
Adjustments to reconcile net (loss) to net cash provided by operating activities Depreciation
1,971
994
Provision for bad debt
-
-
Loss (gain) on write-off of assets
4
56
(Increase) or decrease in certain assets Members' accounts receivable
8
(182) (148) (192)
Inventories
(91) (28)
Prepaid expenses and other current assets Increase or (decrease) in certain liabilities Accounts payable
27
344
Accrued expenses Unearned income Other current liabilities
102
86 88
42
(23)
(21)
Total adjustments
2,013
1,025
Net cash provided by operating activities
1,069
412
Cash flows from nonoperating activities Proceeds from Borrowings on line of credit
600 960
900 830
Sales of capital stock
Purchase of property and equipment Construction in Progress/Other Asset
(792) (113)
(1,041)
(69)
Repayments on line of credit
(1,629)
(764) (197)
Contributions or Refunds and Discounts
(129)
Net cash (used) by nonoperating activities
(1,103)
(342)
Increase or (decrease) in cash
(34)
70
Cash and cash equivalents, beginning of year
242
208
Cash and cash equivalents, end of year
$
208
$
278
Made with FlippingBook interactive PDF creator