MSIC AUDITED F MSIC AUDITED FINANCIAL STATEMENTS
MASSACHUSETTS CREDIT UNION SHARE INSURANCE CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED) FOR THE YEARS ENDED SEPTEMBER 30, 2022 AND 2021
2022
2021
Net (Decrease) Increase in Cash and Cash Equivalents
(18,449,499)
20,062,471
12,803,719
32,866,190
Cash and Cash Equivalents - Beginning of the Year
$ 14,416,691
$ 32,866,190
Cash and Cash Equivalents - End of the Year
Supplemental Cash Flow Disclosures Change in unrealized gains and losses on securities available-for-sale $ (5,141,182)
$
(275,740)
$
876,670
$ 1,377,135
Cash paid for interest
Non-cash adjustments to beginning net assets and liabilities for consolidation of MSIC Partners, LLC
$
88,967
$
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The accompanying notes are an integral part of these consolidated financial statements. 8
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