|
<br /> IMPERIAL IRRIGATION DISTRICT
<br /> Combined Balance Sheets
<br /> December 31,1994 and 1993
<br /> 1994 1993
<br /> Water Power Water Power
<br />Liabilities and District Equity Department Department Combined Department Department Combined
<br />Current liabilities:
<br />Current maturities of long-term
<br />debt (note 6) $ 239,780 10,715,130 10,954,910 904,345 10,114,228 11,018,573
<br />Accounts payable 1,649,150 11,969,488 13,618,638 2,169,345 12,935,591 15,104,936
<br />Accrued interest payable 18,308 2,019,966 2,038,274 20,038 1,394,322 1,414,360
<br />Accrued compensation and
<br />payroll taxes 1,240,910 1,240,910 2,481,820 830,859 830,859 1,661,718
<br />Accrued vacation and sick leave 1,684,288 1,805,690 3,489,978 1,442,954 1,786,232 3,229,186
<br />Deferred revenues 2,512,000 2,512,000 2,483,942 2,483,942
<br />Total current liabilities 7,344,436 27,751,184 35,095,620 7,851,483 27,061,232 34,912,715
<br />
<br />Liabilities payable from restricted assets:
<br />Other accrued expenses,
<br />noncurrent portion (note 12) 15,946,000 2,221,000 18,167,000 5,987,174 2,220,175 8,207,349
<br />Employee-deferred
<br />compensation (note 5) 6,929,501 6,929,501 13,859,002 6,413,301 6,413,301 12,826,602
<br />Advances and deposits from customers 413,220 1,515,506 1,928,726 722,330 1,546,884 2,269,214
<br />Refundable to customers 4,257,806 4,257,806 1,751,429 1,751,429
<br /> 23,288,721 14,923,813 38,212,534 13,122,805 11,931,789 25,054,594
<br />Long-term debt (note 6):
<br />Certificates of participation (note 7) 167,118,028 167,118,028 117,121,555 117,121,555
<br />Bonds payable (note 9) 1,880,543 1,880,543 1,948,343 1,948,343
<br />Capital leases (note 10) 252,242 374,816 627,058 422,508 504,214 926,722
<br /> 2,132,785 167,492,844 169,625,629 2,370,851 117,625,769 119,996,620
<br />Deferred credits and other liabilities:
<br />Advances for construction 10,035 10,035 18,019 18,019
<br />Accrued vacation and sick leave,
<br />noncurrent portion 728,489 776,509 1,504,998 451,052 595,531 1,046,583
<br /> 728,489 786,544 1,515,033 451,052 613,550 1,064,602
<br />Total liabilities 33,494,431 210,954,385 244,448,816 23,796,191 157,232,340 181,028,531
<br />District equity:
<br />Contributions in aid of construction 92,223,021 39,889,212 132,112,233 86,856,054 46,822,103 133,678,157
<br />Retained earnings 132,924,364 367,957,329 500,881,693 135,107,638 335,012,860 470,120,498
<br />Total District equity 225,147,385 407,846,541 632,993,926 221,963,692 381,834,963 603,798,655
<br /> $258,641,816 618,800,926 877,442,742 245,759,883 539,067,303 784,827,186
<br />
|