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COMBINED BALANCE SHEETS
<br /> December 2012
<br /> PRELIMINARY
<br /> ASSETS ELECTRIC WATER
<br /> CURRENT ASSETS
<br /> CASH&TEMPORARY INVESTMENTS 8,257,210 1,988,682
<br /> ACCOUNTS RECEIVABLE 2,360,624 284,845
<br /> INVENTORIES 928,739 16,834
<br /> PREPAID ITEMS 172,736 30,798
<br /> CONSTRUCTION IN PROGRESS 281,176 3,825
<br /> TOTAL CURRENT ASSETS 12,000,485 2,324,984
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 724,500 -
<br /> EMERGENCY RESERVE FUND 2,224,854 1,130,590
<br /> UNRESTRICTED RESERVE FUND 125,867 135,569
<br /> TOTAL RESTRICTED ASSETS 3,075,221 1,266,160
<br /> FIXED ASSETS
<br /> PRODUCTION 2,410,451 10,654,605
<br /> LFG PROJECT 4,336,112
<br /> TRANSMISSION 474,335
<br /> DISTRIBUTION 35,475,407 21,826,695
<br /> GENERAL 11,031,821 927,504
<br /> FIXED ASSETS (COST) 53,728,126 33,408,804
<br /> LESS ACCUMULATED DEPRECIATION (27,883,481) (11,975,730)
<br /> TOTAL FIXED ASSETS, NET 25,844,645 21,433,074
<br /> OTHER ASSETS 57,703 67,024
<br /> TOTAL ASSETS 40,978,054 25,091,241
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 3,033,104 91,587
<br /> SALARIES AND BENEFITS PAYABLE 314,759 96,063
<br /> DUE TO CITY 14,999 -
<br /> DUE TO OTHER FUNDS - -
<br /> BONDS PAYABLE-CURRENT PORTION 588,000 517,000
<br /> UNEARNED REVENUE 31,095
<br /> TOTAL CURRENT LIABILITIES 3,950,862 735,745
<br /> LONG TERM LIABILITIES
<br /> LFG PROJECT 1,789,224
<br /> DUE TO COUNTY -
<br /> BONDS PAYABLE, LESS CURRENT PORTION 5,309,989 2,601,247
<br /> TOTAL LONG TERM LIABILITIES 7,099,213 2,601,247
<br /> TOTAL LIABILITIES 11,050,075 3,336,992
<br /> FUND EQUITY
<br /> CAPITAL ACCOUNT CONST COST 724,500
<br /> CONTRIBUTED CAPITAL
<br /> RETAINED EARNINGS 29,203,479 21,754,249
<br /> TOTAL FUND EQUITY 29,927,979 21,754,249
<br /> TOTAL LIABILITIES&FUND EQUITY 40,978,054 25,091,241
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