Annual Report to the Members
EEA BALANCE SHEET
Annual Report Balance Sheet
  Assets and liabilities balance sheet for Empire Electric Association, Inc.
 

EMPIRE ELECTRIC ASSETS & LIABILITIES BALANCE SHEET

ASSETS 2008 2009
Utility Plant $62,784,408 $67,997,786
Less: Reserve for Depreciation 22,729,809 23,647,735
Net Utility Plant $40,054,599 $44,350,051
Cash on Hand 133,191 1,479,106
Capital credit from associated organizations $27,447,832 $31,482,939
Temporary investments 2,367,459 1,605,436
Other investments 3,881,985 3,916,830
Accounts receivable net 3,436,788 4,298,926
Material inventory 536,184 535,875
Prepayments & other assets 126,341 283,192
TOTAL ASSETS $77,984,379 $87,952,355


LIABILITIES 2008 2009
Total Equities & Margins $42,730,881 $48,155,977
Long-Term debt to RUS, CFC, FFB 25,918,653 31,147,290
Noncurrent Liabilities 2,331,528 2,327,361
Accounts Payable 3,576,699 3,864,604
Current & Accrued Liabilities 2,802,775 1,978,456
Deferred Credits 623,843 478,667
TOTALS $77,984,379 $87,952,355