| Operating
activities: |
2000 |
1999 |
1998 |
 Operating
income |
112,347 |
90,748 |
100,012 |
Adjustments
to reconcile operating income to net
cash provided by operating activities: |
|
|
|
| Depreciation |
55,148 |
62,097 |
59,091 |
| Amortization
of bond discount |
1,693 |
612 |
602 |
| Changes
in assets and liabilities: |
|
|
|
| Accounts
receivable |
(752) |
3,991 |
4,128 |
| Other
receivables |
2,819 |
9,737 |
(8,250) |
| Material
and supplies |
(78) |
(74) |
(36) |
| Prepaid
expenses and other assets |
(3,889) |
349 |
343 |
| Accounts
payable and accrued expenses |
4,548 |
(526) |
1,666 |
| |
Net
cash provided by operating activities |
171,836 |
166,934 |
157,556
|
| |
|
|
|
| Investing
activities: |
|
 |
|
| Interest
and dividends on investments |
58,123 |
21,264 |
26,688 |
| Purchase
of nonpooled investments |
(38,509,771) |
(26,221,943) |
(186,112,841) |
| Proceeds
from nonpooled investment sales |
37,860,559 |
26,169,921 |
186,145,449 |
| Change
in pooled investments |
(121,302) |
(22,826) |
(62,164) |
| |
Net
cash used in investing activities |
(712,391) |
(53,584) |
(2,868) |
| |
|
|
|
| Capital
and related financing activities: |
|
|
|
| Capital
contributions |
|
|
|
| Principal
repayments of long-term debt |
11,403 |
32,929 |
28,356 |
| Acquisition,
construction, and improvement of capital assets |
(435,520) |
(33,945) |
(29,128) |
| Passenger
facility charges |
(209,752) |
(180,719) |
(179,183) |
| Contract
retainage withheld |
105,131 |
101,847 |
94,863 |
| Proceeds
from Bonds Issuance |
- |
1,916 |
- |
| Payments
of contract retention |
1,076,826 |
- |
- |
| Interest
paid on revenue bonds |
(646) |
(533) |
(190) |
| |
Net cash
used in capital and related financing activities |
(41,468) |
(47,708) |
(50,769) |
| |
Net
increase (decrease) in cash and cash equivalents |
505,974 |
(126,213) |
(136,051) |
| |
|
|
|
| Cash
and cash equivalents: |
(34,581) |
(12,863) |
18,637 |
| Beginning
of year |
|
|
|
| End
of year |
68,661 |
81,524 |
62,887 |
| |
|
|
|
| Supplemental
schedule of noncash financing activities: |
34,080 |
68,661 |
81,524 |
| Appreciation
of capital appreciation bonds |
|
|
|
|
|
