Laserfiche WebLink
Operating Revenues <br />Power sales to members $ 74,608,916 <br />Power sales to non-members 620,517 <br />Total operating revenues 75,229,433 <br />Operating Expenses <br />Power acquisition expense 30,478,060 <br />Transmission 11,907,192 <br />Other operating expenses 14,412,376 <br />Depreciation 7,926,730 <br />Total operating expenses 64,724,358 <br />Operating income (loss)10,505,075 <br />Nonoperating Revenues (Expenses) <br />Interest expense (3,727,471) <br />Investment income 208,624 <br />Net (decrease) increase in the fair value of investments (152,544) <br />Other 63,000 <br />Total nonoperating revenues (expenses), net (3,608,391) <br />Change in net position before future recoverable costs 6,896,684 <br />Future Recoverable Costs (3,855,143) <br />Change in net position 3,041,541 <br />Net Position, Beginning of Year 171,146,786 <br />Net Position, June 30, 2021 $ 174,188,327 <br />Minnesota Municipal Power Agency <br />Statements of Revenues, Expenses and Changes in Net Position <br />YTD June 30, 2021 - Unaudited <br />90