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<br />c <br /> <br />Florida Municipal Insurance Trust <br />*STATEMENT OF CASH FLOWS <br />For the Year Ended September 30,2010 <br /> <br /> Cash Flows from Operatinq Activities <br /> Cash Received from Members for Premiums $ 119,441,365 <br /> Reinsurance Recoveries 5,478,058 <br /> Florida Special Disability Trust Fund Collections 993,984 <br /> Cash Received for Commissions 439,150 <br /> Cash Payments for Claims (74,331,826) <br /> Cash Payments for Dividends (8,000,000) <br /> Cash Payments to Suppliers for Goods and Services (45,669,956) <br /> Cash Payments to Florida Special Disability Trust Fund (1,615,073) <br /> Net Cash Used by Operating Activities (3,264,298) <br /> Cash Flows from Investinq Activities <br /> Interest on Cash and Investments 31,917 <br /> Proceeds from Sale of Investments 20,404,485 <br /> Purchase of Investments (22,002,064) <br /> Net Cash Used by Investing Activities (1,565,662) <br />C Net Decrease in Cash and Cash Equivalents (4,829,960) <br /> Cash and Cash Equivalents. Beqinninq of Year 22,462,388 <br /> Cash and Cash Equivalents. End of Year $ 17,632,428 <br /> <br />c <br /> <br />* The accompanying notes are an integral part of these financial statements, <br />11 <br />