U.S. Patent and Trademark Office
Consolidated Statements of Cash Flows (Indirect Method)
For the years ended September 30, 2003 and 2002
(Dollars in Thousands)
|
2003 |
2002 |
CASH FLOWS FROM OPERATING ACTIVITIES |
Net Cost from Operations |
$(43,830) |
$(99,648) |
Imputed Financing from Cost Absorbed by Others |
36,319 |
30,803 |
 |
Net Decrease in Cumulative Results of Operations |
(7,511) |
(68,845) |
 |
Adjustments Affecting Cash Flow: |
Increase in Accounts Receivable |
(4,357) |
(1,742) |
Decrease/(Increase) in Advances and Prepayments |
8,187 |
(30,089) |
Increase in Accounts Payable |
5,366 |
13,989 |
Increase/(Decrease) in Accrued Payroll and Benefits |
3,826 |
(16,773) |
Increase in Accrued Leave and Postemployment
Compensation |
3,974 |
4,257 |
Increase in Customer Deposit Accounts |
9,656 |
7,292 |
Increase/(Decrease) in Patent Cooperation Treaty
Accounts |
1,299 |
(2,094) |
Increase in Deferred Revenue |
38,219 |
90,986 |
Increase/(Decrease) in Actuarial Liability |
1,162 |
(194) |
Decrease in Capital Lease Liability |
- |
(3,032) |
Decrease in Contingent Liabilities |
- |
(3,590) |
Depreciation, Amortization, or Loss on Asset Dispositions |
62,881 |
69,651 |
 |
Total Adjustments |
130,213 |
128,661 |
 |
Net Cash Provided by Operating Activities |
122,702 |
59,816 |
 |
 |
CASH FLOWS FROM INVESTING ACTIVITIES |
Purchases of Property and Equipment |
(61,062) |
(60,237) |
 |
Net Cash Used in Investing Activities |
(61,062) |
(60,237) |
 |
 |
CASH FLOWS FROM FINANCING ACTIVITIES |
Direct Appropriation |
- |
1,500 |
Rescission |
- |
(555) |
 |
Net Cash Provided by Financing Activities |
- |
945 |
 |
Net Cash Provided by Operating, Investing, and Financing Activities |
$ 61,640 |
$ 524 |
 |
Fund Balance with Treasury and Cash, Beginning of Year |
$935,400 |
$934,876 |
Net Cash Provided by Operating, Investing, and Financing Activities |
61,640 |
524 |
 |
Fund Balance with Treasury and Cash, End of Year |
$997,040 |
$935,400 |
 |
The accompanying notes are an integral part
of these financial statements. |
|
|