| |
Cash
flows from operating activities: |
|
|
|
|
| |
Net
(loss) income |
$ (199)
|
$ 363
|
$ 550
|
|
| |
Adjustments
to reconcile net income to net cash provided
by operating activities: |
|
|
|
|
| |
Depreciation and amortization
|
2,029
|
1,795
|
1,579
|
|
| |
(Gain) loss on disposals of property and equipment, net
|
(5)
|
(55)
|
7
|
|
| |
Decrease (increase) in other assets, principally revenue
forgone
appropriations receivable
|
1
|
3
|
(7)
|
|
| |
Increase in USPS workers' compensation
|
254
|
19
|
195
|
|
| |
Decrease in Post Office Department workers' compensation
|
(17)
|
(21)
|
(27)
|
|
| |
Decrease in retroactive assessments payable to the
U.S. government
|
—
|
—
|
(331)
|
|
| |
Increase in employees' accumulated leave
|
49
|
82
|
101
|
|
| |
(Decrease) increase in other liabilities
|
(20)
|
207
|
143
|
|
| |
Changes in current assets and liabilities:
|
|
|
|
|
| |
(Increase) decrease in receivables, net
|
(11)
|
207
|
(113)
|
|
| |
Decrease (increase) in supplies, advances and
prepayments
|
4
|
(39)
|
40
|
|
| |
(Decrease) increase in compensation and benefits
|
(892)
|
503
|
451
|
|
| |
Decrease in estimated prepaid postage
|
(34)
|
(45)
|
(70)
|
|
| |
Increase (decrease) in payables and accrued
expenses
|
225
|
(371)
|
(62)
|
|
| |
(Decrease) increase in prepaid box rentals,
permit and
metered mail
|
(80)
|
94
|
31
|
|
| |
(Decrease) increase in outstanding postal money
orders
|
(97)
|
121
|
52
|
|
| |
|
|
|
|
|
| |
Net
cash provided by operating activities |
1,027
|
2,863
|
2,539
|
|
| |
|
|
|
|
|
| |
Cash
flows from investing activities: |
|
|
|
|
| |
Purchase
of U.S. government securities, available-for-sale |
—
|
—
|
(620)
|
|
| |
Proceeds
from sale of U.S. government securities, available-for-sale |
—
|
—
|
622
|
|
| |
Purchase
of property and equipment |
(3,337)
|
(3,917)
|
(3,055)
|
|
| |
Proceeds
from sale of property and equipment |
83
|
129
|
49
|
|
| |
|
|
|
|
|
| |
Net
cash used in investing activities |
(3,254)
|
(3,788)
|
(3,004)
|
|
| |
|
|
|
|
|
| |
Cash
flows from financing activities: |
|
|
|
|
| |
Issuance
of debt |
5,550
|
4,129
|
5,696
|
|
| |
Payments
on debt |
(3,151)
|
(3,633)
|
(5,147)
|
|
| |
|
|
|
|
|
| |
Net
cash provided by financing activities |
2,399
|
496
|
549
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
Net
increase (decrease) in cash and cash equivalents |
352
|
(429)
|
84
|
|
| |
Cash
and cash equivalents at beginning of year |
331
|
760
|
676
|
|
| |
|
|
|
|
|
| |
Cash
and cash equivalents at end of year |
$ 683
|
$ 331
|
$ 760
|
|
| |
|
|
|
|
|
