Laserfiche WebLink
SAGARIS CORP. <br />STATEMENT OF CASH FLOWS <br />FOR THE YEAR ENDED DECEMBER 31, 2019 <br />as Flows from Operating Activities: <br />Net income (loss) <br />Adjustments to reconcile net income <br />to net cash provided by operating activities: <br />Depreciation <br />(Increase) decrease in: <br />Contract receivables <br />Retainage <br />Costs and estimated earnings in excess of <br />billings on uncompleted contracts <br />Increase (decrease) in: <br />Accounts payable & accrued expenses <br />Billings in excess of costs and estimated earnings <br />on uncompleted contracts <br />Net Cash Used for Operotfng Activities <br />Cash Flows from Investing Activities: <br />Equipment financing <br />Stockholder distributions <br />Net Cash Used for Investing Activities <br />Net increase in Cash <br />Cash -December 31, 2018 <br />Cash at December 31, 2019 <br />See accountants review report <br />$ 162,521 <br />4,320 <br />(466,650) <br />(178,166) <br />81,855 <br />379,752 <br />0 <br />(16,368) <br />(5,324) <br />(12,441) <br />(17,765) <br />(34,133) <br />132,107 <br />$ 97,974 <br />