|
CITY OF ST. ANTHONY
<br /> • ENTERPRISE FUNDS
<br /> COMBINING STATEMENT OF OPERATIONS AND CHANGES IN RETAINED EARNINGS
<br /> FOR THE YEARS ENDED DECEMBER 31 , 1999 AND 1998
<br /> Totals
<br /> Liquor Utility ------------------------
<br /> Fund Fund 1999 1998
<br /> Operating Revenues
<br /> Sales and Cost of Sales
<br /> Sales $4,662,867 $4,662,867 $4,180,692
<br /> Cost of Sales 3,417,747 3,417,747 3,031 ,420
<br /> - ------------ ------------ ------------
<br /> Gross Profit 1 ,245,120 1 ,245,120 1 ,149,272
<br /> Charges for Services $1 ,123,893 1,123,893 1 ,026,017
<br /> ------------ ------------ ------------ ------------
<br /> Total Operating Revenues 1 ,245,120 1 ,123,893 2,369,013 2,175,289
<br /> ------------ ------------ ------------ ------------
<br /> Operating Expenses
<br /> Personal Services 558,424 282,607 841 ,031 835,006
<br /> Supplies 35,971 26,767 62,738 55,563
<br /> Contracted Services 240,380 256,422 496,802 426,920
<br /> Filtration and Other Charges 76,800 76,800 76,800
<br /> Treatment Charges 433,037 433,037 489,928
<br /> Depreciation 91 ,081 97,744 188,825 - 184, 145
<br /> Other Charges 106,141 106,141 45,159
<br /> • ------------ ------------ ------------ ------------
<br /> Total Operating Expenses 1 ,031 ,997 1 , 173,377 2,205,374 2, 113,521
<br /> Operating Income (Loss) 213,123 (49,484) 163,639 61 ,768
<br /> Nonoperating Revenues (Expenses)
<br /> Reimbursements 177,975 177,975 110,666
<br /> Commissions, Rental and Other 37,396 23,805 61 ,201 50,263
<br /> Investment Income 8,952 (57,698) (48,746) 356,661
<br /> Interest and Amortization (52,529) (52,529) (57,945)
<br /> Loss on Disposal of Equipment (1,717) (1 ,717)
<br /> ------------ ------------ ----------- -----------
<br /> Total Nonoperating Revenues (7,898) 144,082 136,184 459,645
<br /> ------------ ----------- ------------ ------------
<br /> Income Before Transfers 205,225 94,598 299,823 521 ,413
<br /> Transfers to Other Funds (65,000) (65,000) (161 ,676)
<br /> ------------ ------------ ------------ ------------
<br /> Net Income (Loss) After Transfers 140,225 94,598 234,823 359,737
<br /> Retained Earnings Beginning of Year 916,686 5,968,064 6,884,750 6,456,839
<br /> Redistribution of Depreciation
<br /> • to Contributed Capital -------- --- -----65,674 65,674 68, 174
<br /> -
<br /> Retained Earnings End of Year $1 ,056,911 $6,128,336 $7,185,247 $6,884,750
<br /> IV-11
<br />
|