Skip to: Site menu | Main content

 

 

 

 

2007 Annual Report

ASSETS:        
   
Utility Plant in Service    $ 52,388,155.00
Construction Work in Progress    $   3,432,418.00
Accumulated Depreciation    $(18,870,157.00)
General Funds    $      459,107.00
Investments    $   1,478,208.00
Account Receivable    $   1,908,307.00
Materials & Supplies    $      791,817.00
Prepayments & Deposits    $       (28,135.00)
Other Current & Accrued Assets  $        66,911.00
Deferred Debits    $     (306,805,00)
Regulatory Assets    $   4,195,792.00
Temporary Investments    $   2,583,000.00
   
Total Assets:    $ 48,098,618.00
   
LIABILITIES    
   
Margins & Equities    $   1,725,225.00
Patronage & Capital Credit    $ 12,825,458.00
Long Term Debt    $ 29,509,750.00
Other Non Current Liabilities    $      194,112.00
Other Current & Accrued Liabilities  $   3,688,438.00
Other Deferred Credits    $      155,635.00
    
Total Liabilities    $ 48,098,618.00
   
Operating Revenue Capital    $ 19,558,750.00
Operating Expenses:    
  Cost of Power (57%)    $ 11,159,467.00
  Other Operating & Maintenance Costs  $   3,478,073.00
  Depreciation Expense  $   1,523,692.00
  Tax Expense    $      136,291.00
  Interest Expense    $   1,645,391.00
  Other Deductions    $      112,263.00
Total Cost of Electric Service    $ 18,055,177.00
Patronage Capital for the Year    $   1,503,573.00
Non-Operating Margins    $      256,995.00
Income (Loss) from equity Investments  $     (167,911.00)
Other Capital Credits & Patronage Dividend  $        47,583.00
Net Patronage Capital for 12/31/2007  $   1,640,240.00