BIRMINGHAM AIRPORT AUTHORITY BIRMINGHAM AIRPORT AUTHORITY STATEMENTS OF CASH STATEMENTS OF NETFLOWS POSITION ForFor the the years ended June 30, 30, 2017 andand 2016 years ended June 2017 2016 2017
CASH FLOWS FROM OPERATING ACTIVITIES ASSETS AND DEFERRED OUTFLOWS OF Cash received from customers and tenants RESOURCES Cash paid to suppliers for goods and services CURRENT ASSETS Cash paid for personnel costs Unrestricted Assets: Net cash provided by operating activities
Cash and cash equivalents Investments Grants receivable CASH FLOWS FROM CAPITAL AND RELATED AccountsACTIVITIES receivable (net of allowance for FINANCING uncollectibles $29,002 and $28,376 Proceeds from sale ofof capital assets Acquisition and construction of capital in 2017 and 2016, respectively)assets Receipts federalreceivable grants, passenger facility charges, Otherfrom accounts and customer facility Prepaid insurance charges Interest paid on capital debt Inventory Principal paid capital debt assets Totalonunrestricted Net cash (used for) capital and related financing activities Restricted Assets: Passenger Facility Charges Funds: CASH FLOWS FROM INVESTING ACTIVITIES Cashfrom and cash equivalents Proceeds the sale and maturities of investments Accounts receivable Interest received on investments Customer Facility Charges Funds: Purchase of investments Cash and cash equivalents Proceeds from insurance Accounts receivable Net cash provided by (used for) investing activities Revenue Bond Reserve Funds: Net increase in cash cash equivalents Cash and cashand equivalents Construction Bond Funds: Cash Cash and cash beginning of the year andequivalents, cash equivalents Accrued interest receivable Cash and cash equivalents, end of the year Total restricted assets Total current assets
Cash and cash equivalents – Unrestricted Assets Cash and cash equivalents – Restricted Assets
NON-CURRENT ASSETS Capital assets, net of accumulated depreciation Total non-current assets Total assets
2016
2017
2016
$ 44,465,875 (13,816,928) (12,157,164) 18,491,783
$ 43,699,961 (15,763,206) (11,768,869) 16,167,886
$ 34,430,543 25,926,563 -
$ 28,488,429 20,168,903 876,944
33,013 (5,580,353) 836,648
110,000 (6,748,413) 1,505,157
15,845,167 519,720 (9,718,550) 292,764 (6,765,417) 62,042,914 (6,186,140)
17,302,294 468,723 (9,746,210) 249,349 (6,477,757) 51,762,270 (5,560,086)
1,624,848 736,515 239,422
(5,757,660) 15,935,402 27,283 606,666 (5,490,955)
1,402,123 8,200,000 750,876 148,828 (5,185,637) 15,375,908 669,335 3,163,191
6,814,688 28,827,856
13,770,991 28,545,636
74,437,666 433,705
60,666,675 625,570
36,676
591 48,165,583 110,208,497
4,765
770 47,370,218 99,132,488
$ 81,252,354
$ 74,437,666
$ 34,430,543 46,821,811 $ 81,252,354
$ 28,488,429 45,949,237 $ 74,437,666
535,130,387 535,130,387 645,338,884
546,546,871 546,546,871 645,679,359
DEFERRED OUTFLOWS OF RESOURCES Deferred refunding Deferred outflow of resources related to pension
748,721 12,441,871
922,047 16,936,480
Total deferred outflows of resources
13,190,592
17,858,527
$ 658,529,476
$ 663,537,886
TOTAL ASSETS AND DEFERRED OUTFLOWS OF RESOURCES
See Accompanying Notes to the Financial Statements. See Accompanying Notes to the Financial Statements.
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