|
1
<br /> "T
<br /> r.
<br /> F
<br /> s
<br /> 1
<br /> CITY OF ST. ANTHONY
<br /> LIQUOR N11ND
<br /> BALANCE SHEET
<br /> f
<br /> DECL%MM 31, 1987 AND 1986
<br /> 1987 1986
<br /> ASSETS
<br /> Current Assets
<br /> Cash and Investments $338, 193 $131,641
<br /> Accounts Receivable 59031 541
<br /> Inventory, at Lower of Cost or Market 395,032 511,658
<br /> Prepaid Expenses 49,402 43,622
<br /> ------------ ------------
<br /> Total Current Assets 787,658 687,462
<br /> ------------ ------------
<br /> Property, Plant and Equipment - At Cost
<br /> Land and. Improvements 11, 152 11, 152
<br /> Buildings and Structures 1,039,856 582,347
<br /> Furniture, Fixtures and Equipment 532,320 377,614
<br /> ------------ ------------
<br /> 1,583,328 971, 113
<br /> Less Accumulated Depreciation 591 ,475 537,098
<br /> ------------ ------------
<br /> Total Property, Plant and Equipment 991,853 434,015
<br /> Other Assets
<br /> Cash and Investments - Restricted 107,547 7,690
<br /> Deferred Charges 29,304
<br /> ------------ ------------
<br /> Total Other Assets 136,851 7 ,690
<br /> Totals $1,916,362 $1, 129, 167
<br /> LIABILITIES AND FUND EQUITY
<br /> Current Liabilities
<br /> Current Maturities of Long-Term Debt $45,000
<br /> Accounts Payable 249,042 $176,390
<br /> Accrued 'Payroll and Related Taxes 19,072 16,203
<br /> Accrued Compensated Absences 19,721 23,303
<br /> Due to Other Funds 75,000 25,000
<br /> ------------ ------------
<br /> Total Current Liabilities 407,835 240,896
<br /> Long-Term Debt - Net of Current Maturities.
<br /> Bonds Payable 645,000
<br /> Fund Equity .-Retained Earnings
<br /> Reserved 329,833 7,690
<br /> Unreserved 533,694 880,581
<br /> Total Fund Equity 863,527 888,271
<br /> Totals $1,916,362 $1 , 129, 167
<br /> IV-4
<br />
|