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• <br /> ® SFM Services,Inc.and Subsidiaries,SFM Security Services,Inc. and Gaming Facilities Services, <br /> e LLC <br /> Combined Consolidated Statements of Cash Flows <br /> ® For the year ended December 31,2016 <br /> Operating Activities <br /> ® Net Income $ 2,636,326 <br /> ® Adjustments to reconcile net income to net cash <br /> ® provided by operating activities: <br /> Depreciation and amortization 411,565 <br /> ® Bad debt 1,687 <br /> S Increase in accounts receivable (1,141,341) <br /> Increase in cost in excess of billings (204,415) <br /> ® Increase in due from affiliates (79,441) <br /> ® Iecrease in other receivables (312,808) <br /> Iecrease in supplies inventory (11,163) • <br /> ® Decrease in prepaid expenses 194,886 <br /> Increase in other assets (87,922) <br /> Decrease in accounts payable (133,238) <br /> ® Net cash provided by operating activities S 1,274,136 <br />• ® Investing Activities <br /> Purchase of property and equipment,net of disposals S (315,338) <br /> ® Net cash used for investing activities S (315,338) <br /> • Financing Activities <br /> ® Proceedsfrom long term debt,net of repayments $ 105,133 <br /> • <br /> Draws from line of credit,net of paydowns (544,243) <br /> • Shareholder distributions (649,971) <br /> ® Net cash used for financing activities $ (1,089,081) <br /> ® Net cash from all activities $ (130,283) <br /> • <br /> ® Cash at beginning of year 642,856 <br /> Cash at end of year $ 512,573 <br /> • Supplemental Cash Flow Information • <br /> Cash utilized to pay interest $ 43,601 <br /> ® j <br /> • <br /> 0 <br /> ® Read Independent Auditors'Report <br /> • Read Accompanying Notes to the Financial Statements <br /> ® 6 <br /> • <br />