Page 15 - Q1 2022 RNR

Net Income
Adjustments to Reconcile Net Income/(Loss) to Net Cash Provided by Operating Activities:
Depreciation
Gain on Sale of Fixed Assets
Loss on the Sale of Financial Assets
(Increase) Decrease in Contract Receivables
(Increase) Decrease in Note Receivables
(Increase) Decrease in Contract Assets
Decrease (Increase) in Prepaid Taxes
(Increase) Decrease in Deposits and Prepaid Expenses Increase (Decrease) in Deferred Income Taxes Payable Increase (Decrease) in Accounts Payable
Increase (Decrease) in Accrued Costs
Increase (Decrease) in Contract Liabilities
NET CASH PROVIDED BY OPERATING ACTIVITIES
$
2022
585,498
- (146,500)
60,688 (33,742)
2,742 343,438 800 169,304 25,200
(1,188,682) (82,397)
426,653
163,002
$
2021
991,507
196,946 (14,850)
- 1,100,904
- 661,466
(2,200) 177,647 22,218
(84,599) (207,368) (478,862)
2,362,809
RECONCILIATION OF NET INCOME TO NET CASH
PROVIDED BY OPERATING ACTIVITIES
$
$
Created by R N R Construction, Inc. Refer to Accompanying Management's Internal Report.
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