2:12 PM Lower ArKansas Water Management Assoc._Jon
<br /> 10J19112 Balance Sheet
<br /> Cash Basis As of October 19,2012
<br /> Oct 19,12
<br /> ASSETS
<br /> Current Assets
<br /> Checking/Savings
<br /> Checking(VSB 00 879 0) 2,818
<br /> CWCB Repayment Account(029567) 744
<br /> RIB Open Int Account(CWCB Reserve Account) 58,267
<br /> Money Market(VSB 08 005 5) 65,E
<br /> Total Checking/Savings 127,272
<br /> Accounts Receivable
<br /> 'Accounts Receivable -12
<br /> Total Accounts Receivable -12
<br /> Other Current Assets
<br /> C.D.'s-CEB(CDs-Colo-East) 107,256
<br /> CD4-CWCB Acct(FNB-12207) 16,483
<br /> Total Other Current Assets 123,739
<br /> Total Current Assets 250,999
<br /> Other Assets
<br /> Office Equip(Acc.Dep.4711.10) 30,000
<br /> Water 1(Stubbs(purch))
<br /> Water 2(Abe Peterson(purch)) 10,000
<br /> Water 3(Manvel(purch)) 6,055
<br /> Water 4(Ft.Bent(purch)) 51,000
<br /> Water 5(XY Purchase) 1,954,595
<br /> Water 6(Manvel(4380 shares)) 655,774
<br /> Water 7(outside XY(1 cfs)) 17,200
<br /> Water 8(Highland(3382 shares)) 2,971,152
<br /> Water 9(Keesee Right) 2,282,658
<br /> Water 9B(Keesee II Purchase) 3,566,570
<br /> Well Meters(Acc.Dep.5062.83)
<br /> Wells and Equip(Acc.Dep.49,788.14)
<br /> Total Other Assets 11,545,003
<br /> TOTAL ASSETS 11,796,002
<br /> LIABILITIES&EQUITY
<br /> Liabilities
<br /> Current Liabilities
<br /> Other Current Liabilities
<br /> Accrued Interest Payable 188,699
<br /> Accrued Payroll Taxes 732
<br /> Total Other Current Liabilities 189,431
<br /> Total Current Liabilities 189,431
<br /> Long Term Liabilities
<br /> CWCB Water Loan 1(C 153715) 3,373,289
<br /> CWCB Water Loan 2(C 153788) 1,778,368
<br /> CWCB Water Loan 3(C 150150) 1,820,300
<br /> CWCB Water Loan 4(Keesee II Loan) 2,250,969
<br /> Total Long Term Liabilities 9,222,926
<br /> Total Liabilities 9,412,356
<br /> Equity
<br /> Opening Bal Equity 2,553,308
<br /> Retained Earnings -385,152
<br /> Net Income 215,490
<br /> Total Equity 2,383,646
<br /> TOTAL LIABILITIES&EQUITY 11,796,002
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