v2.4.0.8

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Sep. 30, 2013	Sep. 30, 2012
CASH FLOW FROM OPERATING ACTIVITIES:
Net Income (loss)	$ 216,871	$ 384,393
Adjustments to reconcile net income (loss) to net cash flows provided by (used in) operating activities:
Depreciation, depletion, and amortization	91,274	73,874
Abandonments and dry holes	82,059	66,903
Equity in earnings of affiliated company	(58,300)	(141,901)
Stock issued for services	0	22,500
Change in operating assets and liabilities:
Accounts receivable - trade	(54,999)	(51,787)
Receivable from partnerships	(1,008,897)	0
Prepaid expenses and other	(179,882)	0
Accounts payable and accrued liabilities	193,730	(128,794)
Turnkey partnership obligation	73,718	30,900
Accounts payable - related party	(530,611)	0
Federal income tax payable	(32,697)	0
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(1,207,734)	256,087
CASH FLOW FROM INVESTING ACTIVITIES:
Purchase of oil and gas properties	(156,694)	(140,607)
Cash received from unconsolidated affiliated company	150,099	0
Principal payments received from other investments at cost	5,564	0
Purchase of investments of BYCX opportunity fund	0	(123,659)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(1,031)	(264,266)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuing stock	0	327,500
Purchase of treasury stock	(18)	0
NET CASH PROVIDED BY FINANCING ACTIVITIES	(18)	327,500
NET INCREASE (DECREASE) IN CASH	(1,208,783)	319,321
CASH AT BEGINNING OF PERIOD	2,087,480	1,259,934
CASH AT END OF PERIOD	$ 878,697	$ 1,579,255

The amount of net income (loss) reported by an equity method investment of the entity.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

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BAYOU CITY EXPLORATION, INC. 10-Q