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CITY OF ELK RIVER, MINNESOTA <br />WATER FUND <br />COMPARATIVE BALANCE SHEETS <br />DECEMBER 31, 2000 AND 1999 <br />ASSETS <br />CURRENT ASSETS <br />Cash and investments <br />Accounts receivable <br />Other receivables <br />Inventories <br />Prepaid items <br />TOTAL CURRENT ASSETS <br />FIXED ASSETS <br />Plant and production <br />Distribution <br />Equipment, furniture and fixtures <br />TOTAL FIXED ASSETS, COST <br />LESS ACCUMULATED DEPRECIATION <br />TOTAL FIXED ASSETS, NET <br />OTHER ASSETS <br />Restricted asset - investments <br />Unamortized bond discount <br />TOTAL OTHER ASSETS <br />TOTAL ASSETS <br />LIABILITIES AND FUND EQUITY <br />CURRENT LIABILITIES <br />Accounts payable <br />Salaries and benefits payable <br />Due to other funds <br />Accrued interest <br />Bonds payable, current portion <br />TOTAL CURRENT LIABILITIES <br />LONG-TERM LIABILITY <br />Bonds payable, less current portion above <br />TOTAL LIABILITIES <br />FUND EQUITY <br />Contributed capital <br />Retained earnings - <br />Reserved for construction <br />Unreserved <br />TOTAL FUND EQUITY <br />TOTAL LIABILITIES AND FUND EQUITY <br />79 <br />01 1=1 tj <br />$ 1,393,254 <br />56,138 <br />46,573 <br />14,271 <br />7,448 <br />1,517,684 <br />5,189,574 <br />1,677,911 <br />74,412 <br />6,941,897 <br />EXHIBIT E-13 <br />1999 <br />$ 1,499,657 <br />42,930 <br />33,743 <br />12,061 <br />7,584 <br />1,595,975 <br />5,030,736 <br />1,344,824 <br />63,118 <br />6,438,678 <br />$ 18,111 <br />$ 20,338 <br />429,739 <br />295,057 <br />47,473 <br />52,237 <br />477,212 <br />347,294 <br />$ 7,425,777 <br />$ 7,053,492 <br />$ 18,111 <br />$ 20,338 <br />48,711 <br />52,450 <br />9,522 <br />4,594 <br />54,357 <br />57,862 <br />200,000 <br />185,000 <br />330,701 <br />320,244 <br />2,370,000 <br />2,570,000 <br />2,700701 <br />2,890,244 <br />1,061,925 <br />1,061,925 <br />429,739 <br />295,057 <br />3,233,412 <br />2,806,266 <br />4,725,076 <br />4,163,248 <br />$ 7,425,777 <br />$ 7,053,492 <br />