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0 <br /> 5 FINANCIAL BACKGROUND 0 <br /> 0 <br /> Fahlgren, Inc. and Subsidiaries <br /> • <br /> dba Fahlgren Mortine <br /> Consolidated Statements of Cash Flows411 <br /> � <br /> December 31, 2015 2014 <br /> Cash Flows from Financing Activities <br /> Proceeds from long-term debt $ 400,000 $ 512,693 <br /> Dividends paid to stockholders (100,000) (100,000) F. <br /> Principal payments on long-term debt (1,487,950) (677,493) <br /> Principal payments on capital lease obligation (68,961) (62,109) §t,I <br /> Net Cash Used In Financing Activities (1,256,911) (326,909) <br /> Net(Decrease)Increase in Cash (2,224,624) 1,642,125 <br /> Cash and Cash Equivalents,beginning of year 2,714,008 1,071,883 <br /> 0 <br /> Cash and Cash Equivalents,end of year $ 489,384 $ 2,714,008 <br /> 0 <br /> Supplemental Disclosure of Cash Flow Information 0 <br /> Cash paid during the year for interest $ 38,403 $ 27,643 <br /> Cash paid for income taxes $ 118,612 $ 423,665 <br /> 0 <br /> Supplemental Disclosures of Non-Cash Investing and Financing <br /> Information <br /> 0 <br /> During 2014,Fahlgren,Inc.issued a note payable to the sellers of Turner Public Relations,Inc.in the <br /> amount of$2,400,000,subject to certain future adjustments as defined in the purchase agreement. <br /> See accompanying notes to the consolidated financial statements. <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 8 II <br /> 0 <br /> TURNER 60 RFP: 17-10-01 <br /> 0 <br /> 0 <br /> as <br />