Cameron Knoll Owners AssociationStatement of Cash Flows

For the Period Ended December 31,2011

Excess of Expenses over Revenues $ (3,424)Net Cash Provided by Operating Activities:(Increase) Decrease in Assets:

Assessments Receivable, net 4,315Prepaid Expenses (1,220)Prepaid Taxes 121Prepaid Insurance (304)

Increase (Decrease) in Liabilities:Accounts Payable (21,504)Prepaid Residential Assessments 5,069

Net Cash Flows Used by Operating Activities (16,948)

CASH FLOWS FROM INVESTING ACTIVITIESCertificates of Deposit (24,468)Expenditures from Replacement Fund (47,311)Budgeted Assessments to Replacement Fund 33,756

Net Cash Flows Used by Investing Activities (38,022)

NET (DECREASE) IN CASH AND EQUIVALENTS (54,970)

CASH AND EQUIVALENTS - BEGINNING OF YEAR 190,106

CASH AND EQUIVALENTS - END OF YEAR $ 135,136

SUPPLEMENTAL INFORMATIONCash paid during the year for:

Interest $Income taxes s

. ..:

Cameron Knoll Owners AssociationStatement of Revenues and Expenses

For the Period Ended December 31, 20 II

Revenues:Member AssessmentsLate Fees IncomeLegal Fee IncomeInterest IncomeMiscellaneous Income

Total Expenses

$ 68,844850447

1,493886

72,520

301,2352,5341,2545,93419,5535.5172,975458

1,690388

9,42620,100

316260160556

3,48970

75,945

s (3,424)

Total Revenues

Expenses:Bad Debt ExpenseBank Service ChargesComputer & Internet ExpenseInsuranceLegal and Professional FeesManagement FeesManagement OtherMiscellaneous ExpensePostagePrinting & CopyingCoupon BooksTree MaintenanceLandscapingIrrigation SystemExterior RepairsRent ExpenseWater & SewerSnow RemovalParking Lot Maintenance

Excess of Expenses over Revenues

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Cameron Knoll Owners AssociationBalance Sbeet

As of December 31, 2011

ASSETS

Current Assets:Cash and EquivalentsCertificates of DepositAssessments Receivable, netPrepaid ExpensesPrepaid TaxesPrepaid Insurance

Total Current Assets

$ 135,136136,3736,355),629592304

280,388

s 280,388Total Assets

LIABILITIES AND FUND BALANCES

Liabilites:Accounts PayablePrepaid Assessments

Total Liabilities

$ 8,450II,808

20,258

22,367237,764

260,130

$ 280,388

Fund Balance:Operating FundReplacement Fund

Total Fund Balance

Total Liabilities and Fund Balance