v3.7.0.1

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Dec. 31, 2016	Dec. 31, 2015
OPERATING ACTIVITIES:
Profit (loss)	$ (999,118)	$ 195,811
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	$ 88,770	$ 22,783
Preferred stock issued for services	1,117,812	882,191
Bad debt expense		$ (874,689)
Loss on disposal of equipment	$ 415
Gain on write-down of contingent consideration	104,000
Amortization of debt discounts	10,485
Changes in operating assets and liabilities:
Restricted cash		(12,500)
Accounts receivable	636,962	1,075,565
Inventory	44,555	948,323
Prepaid expenses and other assets	(62,171)	1,815
Other assets	3,887	(3,887)
Costs in excess of billings on uncompleted contracts	20,445	260,499
Accounts payable and accrued expenses	(277,161)	(226,412)
Customer deposits	(62,258)	(1,825,274)
Net Cash Provided by Operating Activities	418,623	444,225
INVESTING ACTIVITIES:
Proceeds from disposal ofproperty and equipment	595
Purchases of property and equipment	(36,718)	(23,774)
Cash acquired in business combination	23,711
Net Cash Provided By Investing Activities	(12,412)	(23,774)
FINANCING ACTIVITIES:
Proceeds from long term debt	150,000
Repayments of long term debt	(198,091)	(29,680)
Repayment of capital lease	(3,537)	(4,017)
Net Cash (Used in) Financing Activities	(51,628)	(33,697)
NET CHANGE IN CASH	354,583	386,754
CASH AT BEGINNING OF YEAR	1,209,198	822,444
CASH AT END OF YEAR	1,563,781	1,209,198
CASH PAID FOR:
Interest	2,513	$ 2,513
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock and notes payable issued in business combination	1,020,063
Original issuance discounts on notes payable	$ 14,514

The change during the period, from the beginning balance of accumulated depreciation, depletion and amortization (relating to property, plant and equipment) to the ending balance.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

SUNVALLEY SOLAR, INC. 10-K