Statement of Cash Flows For the year ended December 31 2012 December 31 December 31 2012 2011 Cash Pr ovided by used for Operating Activities Defciency of r evenue over expenseUtility Operations 1787 1662 Items not af fecting cash Amortization of T angible Capital Assets 2878 2278 Incr ease in futur e employee benefts expense 1771 918 2861 1534 Changes in noncash operating working capital Accounts Receivable 3201 3296 Pr epaid Expenses 123 3216 Accounts Payable and Accrued Liabilities 636 2368 Legislated Severance 930 1307 3618 3755 Net Cash Flows fr om operating activities 757 2221 Cash Used in Investing Activities Inter est Received 2845 2777 Principal Repaid on Loans 601 797 Decr ease incr ease in noncurr ent T erm Deposits 5373 5729 Net cash fows fr om investing activities 8819 2155 Cash Used in Capital Activities T angible Capital Asset Acquir ed 5525 3940 Cash Used in Financing Activities Changes in Net Assets 322 Incr ease decr ease in Cash and ShortT erm Investments 2537 7994 Cash and ShortT erm Investments Opening Balance 37312 45306 Cash and ShortT erm Investments Closing Balance 39849 37312 in thousands of dollars Ontario Clean W ater Agency 2012 Annual Report 29