2026 IGA Board Book - March 31, 2026

Indian Gaming Association Statements of Cash Flows

Years Ended December 31, 2025 and 2024

2025

2024

Cash flows from operating activities: Change in net assets

$ (104,356) $ (209,147)

Adjustments to reconcile change in net assets to cash flows from operating activities: Depreciation and amortization

183,775

181,911

Loss on disposal of property and equipment

2,637

-

Changes in assets and liabilities: (Increase) in accounts receivable

(104,935)

(6,578) (5,500)

(Increase) in inventories

-

(Increase) decrease in prepaid expenses Increase (decrease) in accounts payable (Decrease) increase in accrued expenses

(65,534) 20,122 (10,525)

119,405 (124,903)

17,906

(Decrease) in interest payable

(615)

(597)

(Decrease) increase in deferred revenue

(23,121)

314,086

Net cash from operating activities

(102,552)

286,583

Cash flows from investing activities:

Purchases of property and equipment

(75,884)

(250,936)

Net cash flows from investing activities

(75,884)

(250,936)

Cash flows from financing activities:

Principal payments on long-term debt

(126,279)

(122,199)

Net cash flows from financing activities

(126,279)

(122,199)

Net changes in cash

(304,715)

(86,552)

Cash, beginning of year

3,063,392 3,149,944

Cash, end of year

$ 2,758,677 $ 3,063,392

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