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ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER, MINNESOTA
<br />NOTES T4 FINANCIAL STATEMENTS
<br />DECEMBER 31, 2409 AND 2048
<br />Node 2; DETAILED NOTES ON .ALL FUNDS ~ C~NTIN-UE~
<br />Elect~~ic and Vi~ater fund capital asset activity far the year ended December 3l, 2448 was as follows:
<br />Reclassifications
<br />and
<br />Beginning Prior Period Ending
<br />Balance ~ Adjustments Increases Decreases Balance
<br />Capital assets not
<br />being depreciated
<br />Land $ 211,236 $ 70,539 $ - $ - $ 281,775
<br />Canstructian in progress 1,834,485 - - W (1,638,880}. 195,605
<br />Tatal capital assets
<br />not being depreciated 2,045,721 70 539 - 1638 880 477 380
<br />Capital assets being depreciated
<br />Land improvements 63,147 - - - 63,147
<br />Buildings 3,454,405 - 9,081 - 3,463,486
<br />Machinery and equipment 3,901,469 - 216,875 - 4,118,344
<br />Infrastructure 68,937,005 ,~ (~ _0_,539}_ 4,408,374 - 73,274,840
<br />Total capital assets
<br />being depreciated ~ 76,356,026 (70539} _ 4,634,330 , - ~ 8~ 919 817
<br />~- -~
<br />Less accumulated
<br />depreciation for
<br />Land improvements (34,146) - (2,526) - (36,672
<br />Buildings (879,983) - (114,573) - (994,556
<br />Machinery a11d equipment (2,569,132) - X310,391) - (2,879,523}
<br />Infrast~•ucture (21,428,196}_ _ (11b,977} (2,605,2Q9) - 24,150,382
<br />Tatal accumulated
<br />depreciation _ _..(24,911,457) (116,977). (3,032,b99)_ - _ (28,061,133)_
<br />Total capital assets
<br />being depreciated, net _ 51,444,569 (187516} 1.,601,63.1__ - ~ _ 52,858,bS4
<br />Business-type activities
<br />capital assets, net _ $ _~3,~94,290 _ $ 116 977 ,~$ _ 1,6Q1,b31__ $ (1,638,880 $ _53,336,064--
<br />_3 gM
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