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Combined Bal Sheets 2003
<br /> April
<br /> ELECTRIC WATER
<br /> ASSETS
<br /> CURRENT ASSETS
<br /> CASH &TEMPORARY INVESTMENTS $ (6,597.73) $ 757,634.05
<br /> ACCOUNTS RECEIVABLE $ 1,188,104.45 $ 108,607.05
<br /> INVENTORIES $ 783,569.81 $ 38,816.91
<br /> PREPAID ITEMS $ 20,604.29 $ 111,257.38
<br /> CONSTRUCTION IN PROGRESS $ 25,344.74 $ 17,857.42
<br /> LFG CONSTRUCTION IN PROGRESS $ 18,104.93
<br /> TOTAL CURRENT ASSETS $ 2,029,130.49 $ 1,034,172.81
<br /> RESTRICTED ASSETS
<br /> EMERGENCY RESERVE FUND $ 85,000.00 $ -
<br /> CONSTRUCTION RESERVE FUND $ 985,908.15 $ 716,157.83
<br /> TOTAL RESTRICTED ASSETS $ 1,070,908.15 $ 716,157.83
<br /> FIXED ASSETS
<br /> PRODUCTION $ 2,444,976.67 $ 8,650,570.07
<br /> LFG PROJECT $ 3,030,545.00
<br /> TRANSMISSION $ 563,967.24 $ -
<br /> DISTRIBUTION $ 17,025,457.41 $ 2,826,175.22
<br /> GENERAL $ 6,835,461.03 $ 288,294.82
<br /> FIXED ASSETS, COST $ 29,900,407.35 $ 11,765,040.11
<br /> LESS ACCUMULATED DEPRECIATION $(10,453,750.25) $ (2,059,240.84)
<br /> TOTAL FIXED ASSETS, NET $ 19,446,657.10 $ 9,705,799.27
<br /> OTHER ASSETS
<br /> SPECIAL ASSIGNMENTS RECEIVABLE $ 1,282.70 $ -
<br /> TOTAL OTHER ASSETS $ 1,282.70 $ -
<br /> TOTAL ASSETS $ 22,547,978.44 $ 11,456,129.91
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> LFG PROJECT $ 2,760,575.68
<br /> ACCOUNTS PAYABLE $ 496,617.92 $ 7,468.21
<br /> SALARIES AND BENEFITS PAYABLE $ 217,711.67 $ 54,445.93
<br /> CUSTOMER DEPOSITS $ 75.00 $ -
<br /> DUE TO OTHER FUNDS - $ -
<br /> BONDS PAYABLE-CURRENT PORTION $ 575,168.00 $ 4,475,000.00
<br /> TOTAL CURRENT LIABILITIES $ 4,050,148.27 $ 4,536,914.14
<br /> LONG TERM LIABILITIES
<br /> DUE TO CITY $ 150,590.08
<br /> DUE TO COUNTY $ 6,264.08
<br /> BONDS PAYABLE, LESS CURRENT PORTION $ - $ 995,000.00
<br /> TOTAL LIABILITIES $ 4,056,412.35 $ 5,682,504.22
<br /> FUND EQUITY
<br /> CONTRIBUTED CAPITAL $ 1,290,759.00 $ 1,061,924.66
<br /> RETAINED EARNINGS $ 17,200,807.09 $ 4,711,701.03
<br /> TOTAL FUND EQUITY $ 18,491,566.09 $ 5,773,625.69
<br /> TOTAL LIABILITIES& FUND EQUITY $ 22,547,978.44 $ 11,456,129.91
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