326 



Annals of the Smithsonian Institution 1999 



SMITHSONIAN INSTITUTION 

 Statements of Cash Flows 



Year ended September 30, 1999 

 ($000) 



Trust 

 Funds 



Federal 

 Funds 



Total Funds 



1999 



1998 



Cash flows from operating activities: 

 Increase in net assets 



Adjustments to reconcile increase in net assets to net 

 cash provided by operating activities: 

 Proceeds from sales of collections 

 Collection items purchased 

 Depreciation 



Loss on disposition of assets 

 Contributions for increases in endowment 

 Contributions for construction of property 

 Appropriations for repair, restoration and 



construction 

 Investment income restricted for long-term 



investment 

 Provision for doubtful accounts 

 Net realized and unrealized loss (gain) on 



investments 

 Decrease (increase) in assets: 

 Receivables and advances 

 Prepaid and deferred expenses, and other 

 Inventory 

 Increase (decrease) in liabilities: 

 Accounts payable and accrued expenses 

 Deferred revenue 

 Deposits held for others 

 Unexpended federal appropriations 



161,711 



28,053 



189,764 



33,893 



(1,000) 

 6,794 

 8,190 

 135 

 (2,592) 

 (64,609) 



1,742 



39,829 



301 



(1,000) 



8,536 



48,019 



436 



(2,592) 



(64,609) 



(737) 

 8,831 

 45,881 

 583 

 (4,822) 

 (3,815) 



— 



(60,400) 



(60,400) 



(68,850) 



(506) 

 737 



— 



(506) 

 737 



(462) 

 277 



102,332) 



— 



(102,332) 



26,505 



(71,275) 

 (2,021) 

 5,706 



(4,073) 



74 



(75,348) 

 (2,021) 

 5,780 



(20,023) 



1,293 



(2,216) 



3,003 

 431 

 (1,731) 



1,946 

 9,052 



4,949 

 431 

 (1,731) 

 9,052 



804 

 (3,097) 



931 

 8,823 



Net wish pi i ivided b\ msed in I operating activities 



(59,359) 



16,524 



(42,835) 



23,799 



Cash flows from investing activities: 

 Proceeds from sales of collections 

 Collection items purchased 

 Purchase of property and equipment 

 Purchases of investment securities 

 Proceeds from the sales of investment securities 



1,000 



— 



1,000 



737 



(6,794) 



(1,742) 



(8,536) 



(8,831) 



(19,852) 



(69,005) 



(88,857) 



(89,810) 



(946,739) 



— 



(946,739) 



(712,267) 



958,163 



— 



958,163 



672,929 



Net cash used in investing activities 



(14,222) 



(70,747) 



(84,969) 



(137,242) 



Cash flows from financing activities: 

 Contributions for increases in endowment 

 Contributions for construction of property 

 Appropriations for repair, restoration and construction 

 Investment income restricted for long-term purposes 

 Proceeds from issuance of debt 

 Repayments of debt 



6,803 

 64,609 



506 



60,400 



6,803 



8,571 



64,609 



3,815 



60,400 



68,850 



506 



462 



— 



40,526 



Net cash provided by financing activities 



71,927 



60,400 



132,327 



122,224 



Net increase (decrease) in cash and 

 balances with the U.S. Treasury 



Cash and balances with the U.S. Treasury: 

 Beginning of the year 



(1,654) 

 5,193 



6,177 

 200,636 



4,523 

 205,829 



8,781 

 197,048 



End of the year 



3,539 



206,813 



210,352 



See accompanying notes to the financial statements. 



205,829 



Cash paid for interest during fiscal years 1999 and 1998 was approximately 52,000,000 and SI, 332,000, respectively. 



