U.S. Patent and Trademark Office
Consolidated Statements of Cash Flows (Indirect Method)
For the years ended September 30, 2004 and 2003
(Dollars in Thousands)
| CASH FLOWS FROM OPERATING ACTIVITIES |
| Net Cost from Operations |
$ (50,158) |
$(43,830) |
| Adjustments Affecting Cash Flow: |
| Imputed Financing from Cost Absorbed by Others |
40,448 |
36,319 |
| Decrease/(Increase) in Accounts Receivable |
7,553 |
(4,357) |
| Decrease in Advances and Prepayments |
16,698 |
8,187 |
| (Decrease)/Increase in Accounts Payable |
(2,837) |
5,366 |
| Increase in Accrued Payroll and Benefits |
7,066 |
3,826 |
| Increase in Accrued Leave and Postemployment Compensation |
842 |
3,974 |
| (Decrease)/Increase in Customer Deposit Accounts |
(3,638) |
9,656 |
| Increase in Patent Cooperation Treaty Account |
2,086 |
1,299 |
| Increase in Deferred Revenue |
75,403 |
38,219 |
| Increase in Actuarial Liability |
900 |
1,162 |
| Depreciation, Amortization, or Loss on Asset Dispositions |
55,573 |
62,881 |
 |
| Total Adjustments |
200,184 |
166,532 |
|
|
|
Net Cash Provided by Operating Activities |
150,026 |
122,702 |
|
|
CASH FLOWS FROM INVESTING ACTIVITIES |
| Purchases of Property and Equipment |
(75,511) |
(61,062) |
|
|
| Net Cash Used in Investing Activities |
(75,511) |
(61,062) |
|
|
CASH FLOWS FROM FINANCING ACTIVITIES |
| Rescissions Restored (Note 2) |
75,584 |
- |
|
|
|
Net Cash Provided by Financing Activities |
75,584 |
- |
|
|
|
Net Cash Provided by Operating, Investing, and Financing Activities |
$ 150,099 |
$ 61,640 |
 |
|
Fund Balance with Treasury and Cash, Beginning of Year |
$ 997,040 |
$935,400 |
|
Net Cash Provided by Operating, Investing, and Financing Activities |
150,099 |
61,640 |
|
|
|
Fund Balance with Treasury and Cash, End of Year |
$1,147,139 |
$997,040 |
|
|
|
|
