Orange County NC Website
i <br /> ORANGE COUNTY ALCOHOLIC BEVERAGE CONTROL BOARD Exhibit C-1 <br /> (a component unit of Orange County Government) <br /> STATEMENTS OF CASH FLOWS <br /> Years Ended June 30,2023 and 2022 <br /> 2023 2022 <br /> Cash Flows from Operating Activities <br /> Cash received from customers $ 31,208,975 $ 30,050,080 <br /> Payments for inventory costs (16,605,411) (16,315,900) <br /> Payments for operating expenses (4,918,034) (4,179,599) <br /> Taxes paid <br /> (7,214,614) (6,968,131) <br /> Net Cash Provided by Operating Activities 2,470,916 2,586,450 <br /> Cash Flows from Capital and Related Financing Activities <br /> Acquisition and construction of capital assets (1,770,965) (1,715,027) <br /> Increase in lease assets (59,492) (830,735) <br /> Increase(decrease)in lease liabilities (112,153) 690,253 <br /> Increase(decrease) in notes payable 486,280 (547,189) <br /> Net Cash Used in Capital and Related Financing Activities (1,456,330) (2,402,698) <br /> Cash Flows from Noneapital Financing Activities <br /> Law enforcement expenses (168,000) (166,000) <br /> Alcohol education expenses (252,000) (237,000) <br /> Profit distributions to primary government (700,000) (530,000) <br /> Net Cash Used in Noneapital Financing Activities (1,120,000) (933,000) <br /> Cash Flows from Investing Activities <br /> Interest and miscellaneous income 4,467 6,056 <br /> Net Decrease in Cash (100,947) (743,192) <br /> Cash,beginning 3,815,113 4,558,305 <br /> Cash, ending <br /> $ 3,714,166 $ 3,815,113 <br /> I <br /> See auditor's report and notes to financial statements. <br /> i <br /> 13 <br /> I <br />