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CITY OF ST. ANTHONY
<br />SM4FT)ITTY 17
<br />LIQUOR FUND
<br />BALANCE SHEET
<br />DECEMBER 31, 1982 AND 1981
<br />ASSETS 1982 1981
<br />Current Assets
<br />Cash and Short -Term Investments $ 420,926 $ 335,757
<br />Petty Cash and Change Funds 88,175 88,175
<br />Accrued Interest Receivable 5,847 1,350
<br />Inventory of Merchandise, at Lower of Cost or Market 345,519 341,080
<br />Prepaid Insurance 6,583 14,412
<br />Total Current Assets 867,050 780,774
<br />Property, Plant and Equipment - At Cost
<br />Land and Improvements 11,152 11,152
<br />Building and Structures 475,461 472,014
<br />Furniture, Fixtures and Equipment 268,600 257,685
<br />755,213 740,851
<br />Less Accumulated Depreciation 393,681 359,278
<br />Total Property, Plant and Equipment 361,532 381,573
<br />Other Asset
<br />Restricted Cash and Short -Term Investments
<br />(Severance) 9,260 9,260
<br />Totals $1,237,842 $1,171,607
<br />LIABILITIES AND FUND EQUITY
<br />Current Liabilities
<br />Accounts Payable $ 68,805 $ 79,838
<br />Accrued Payroll and Related Taxes 8,571 9,025
<br />Accrued Sales Tax 17,412 14,606
<br />Total Current Liabilities 94,788 103,469
<br />Fund Equity
<br />Retained Earnings
<br />Reserved for Severance Payments 9,260 9,260
<br />Unreserved 1,133,794 1,058,878
<br />Total Fund Equity 1,143,054 1,068,138
<br />Totals $1,237,842 $1,171,607
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