| |
2005 |
|
2004 |
|
| MEMBERS' EQUITY & LIABILITIES |
| |
|
|
|
| Members' Equity |
|
|
|
| Members' Investment Certificates |
$ 4,205,271 |
|
$ 4,205,271 |
| Contributed Capital |
49,578,912 |
|
43,373,417 |
| Retained Earnings |
95,675,940 |
|
83,571,167 |
|
|
| Total Members' Equity |
149,460,123 |
|
131,149,855 |
| |
|
|
|
| Long-Term Debt |
|
|
|
| Revenue Bonds, Series 1996 |
23,004,783 |
|
24,222,427 |
| Revenue Bonds, Series 2000 |
10,402,734 |
|
10,902,125 |
| Revenue Bonds, Series 2001 |
17,545,530 |
|
18,573,340 |
| Revenue Bonds, Series 2002B |
28,599,455 |
|
29,266,531 |
| Revenue Bonds, Series 2003 |
16,817,868 |
|
16,810,807 |
| Revenue Bonds, Series 2004A |
30,380,778 |
|
30,987,928 |
| Revenue Bonds, Series 2004B |
26,160,000 |
|
26,160,000 |
| Deferred Surcharge Income - Noncurrent |
15,143,746 |
|
15,493,660 |
|
|
| Total Long-Term Debt |
168,054,894 |
|
172,416,818 |
| |
|
|
|
Current Liabilities
Payable From Restricted Assets |
|
|
|
| Accrued Bond Interest |
1,112,648 |
|
1,134,779 |
| Long-Term Debt - Current Portion |
4,055,000 |
|
2,610,000 |
|
|
Total Current Liabilities
Payable From Restricted Assets |
5,167,648 |
|
3,744,779 |
| |
|
|
|
| Current Liabilities |
|
|
|
| Accounts Payable |
3,624,992 |
|
2,390,061 |
| Retainage Payable |
1,860,211 |
|
1,054,841 |
| Customer Deposits |
2,002,957 |
|
1,654,081 |
| Other Current Liabilities |
519,570 |
|
633,857 |
| Deferred Surcharge Income - Current |
330,183 |
|
310,145 |
|
|
| Total Current Liabilities |
8,337,913 |
|
6,042,985 |
|
|
| TOTAL LIABILITIES |
181,560,455 |
|
182,204,582 |
|
|
| TOTAL MEMBERS' EQUITY & LIABILITIES |
$ 331,020,578 |
|
$ 313,354,437 |
|
|
|
|
|
|
| |
|
|
|
| <-Back to annual report |
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