|
Combined Bal Sheets 2004
<br /> April
<br /> ELECTRIC WATER
<br /> ASSETS
<br /> CURRENT ASSETS
<br /> CASH &TEMPORARY INVESTMENTS $ 401,645.35 $ 602,031.60
<br /> ACCOUNTS RECEIVABLE $ 1,295,193.37 $ 143,154.72
<br /> INVENTORIES $ 721,702.25 $ 38,881.23
<br /> PREPAID ITEMS $ 14,110.29 $ 130,429.38
<br /> CONSTRUCTION IN PROGRESS $ (6,060.60) $ 251,901.12
<br /> LFG CONSTRUCTION IN PROGRESS $ -
<br /> TOTAL CURRENT ASSETS $ 2,426,590.66 $ 1,166,398.05
<br /> RESTRICTED ASSETS
<br /> EMERGENCY RESERVE FUND $ 85,000.00 $ -
<br /> CONSTRUCTION RESERVE FUND $ 1,105,908.15 $ 836,157.83
<br /> TOTAL RESTRICTED ASSETS $ 1,190,908.15 $ 836,157.83
<br /> FIXED ASSETS
<br /> PRODUCTION $ 2,488,573.64 $ 8,637,631.58
<br /> LFG PROJECT $ 3,048,596.31
<br /> TRANSMISSION $ 453,005.00 $ -
<br /> DISTRIBUTION $ 18,385,011.11 $ 15,560,936.08
<br /> GENERAL $ 7,946,918.01 $ 674,020.12
<br /> FIXED ASSETS, COST $ 32,322,104.07 $ 24,872,587.78
<br /> LESS ACCUMULATED DEPRECIATION $ (11,325,830.56) $ (3,866,842.84)
<br /> TOTAL FIXED ASSETS, NET $ 20,996,273.51 $ 21,005,744.94
<br /> OTHER ASSETS
<br /> SPECIAL ASSIGNMENTS RECEIVABLE $ - $ -
<br /> TOTAL OTHER ASSETS $ - $ -
<br /> TOTAL ASSETS $ 24,613,772.32 $ 23,008,300.82
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> LFG PROJECT $ 2,622,318.36 XXXXXXXXXXXXXXXXX
<br /> ACCOUNTS PAYABLE $ 510,489.20 $ 150,660.97
<br /> SALARIES AND BENEFITS PAYABLE $ 234,086.27 $ 58,519.83
<br /> CUSTOMER DEPOSITS $ - $ -
<br /> DUE TO OTHER FUNDS $ - $ -
<br /> BONDS PAYABLE-CURRENT PORTION $ 497,484.00 $ 6,330,000.47
<br /> TOTAL CURRENT LIABILITIES $ 3,864,377.83 $ 6,539,181.27
<br /> LONG TERM LIABILITIES
<br /> DUE TO CITY XXXXXXXXXXXXXX. $ 150,085.08
<br /> DUE TO COUNTY $ 6,264.08 XXXXXXXXXXXXXXXX
<br /> BONDS PAYABLE, LESS CURRENT PORTION $ 1,271,250.00 $ 91,027.50
<br /> TOTAL LIABILITIES $ 5,141,891.91 $ 6,780,293.85
<br /> FUND EQUITY
<br /> CONTRIBUTED CAPITAL $ - $ -
<br /> RETAINED EARNINGS $ 19,471,880.41 $ 16,228,006.97
<br /> TOTAL FUND EQUITY $ 19,471,880.41 $ 16,228,006.97
<br /> TOTAL LIABILITIES &FUND EQUITY $ 24,613,772.32 $ 23,008,300.82
<br />
|