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Consolidated Home Supply Ditch and Reservoir Company <br />October 18, 2013 (Uadated October 21, 2013) <br />Page 5 of 5 <br />TABLE 6: FINANCIAL RATIOS <br />Agenda Item 8h <br />Financial Ratio <br />Past 3 Years <br />Future <br />w/ Project <br />Operating Ratio (revenues /expenses) <br />101% <br />103% <br />weak: <I 00%1 vera e: 100% - 120% strong: >120% <br />(Average) <br />(Average) <br />$328K/$324K <br />$422K/$409K <br />Debt Service Coverage Ratio <br />107% <br />109% <br />(revenues- expenses) /debt service <br />(Average) <br />(Average) <br />$328K -$268K <br />$422K -$268K <br />weak: <100% vera e: 100% - 120% 1 Istrong: >120% <br />$56K <br />$141K <br />Cash Reserves to Current Expenses <br />59% <br />47% <br />(Average) <br />(Weak) <br />weak: <50% vera e: 50% - 100% stron : >100% <br />$191K/$324K <br />$191K/$409K <br />Annual Operating Cost per Acre -Foot (22,000 AF) <br />$15 <br />$19 <br />eak: >$20 vera e: $10 - $20 stron <$10 <br />(Average) <br />(Average) <br />AF <br />$324K/22K AF <br />$409K/22K <br />Collateral: As security for the loan, the Company will pledge its assessment revenues backed by a <br />rate covenant and the Project itself (Big Dam diversion and headgate). This is in compliance with <br />the CWCB Financial Policy #5 (Collateral). <br />cc: Minerva Lee, President, Consolidated Home Supply Ditch and Reservoir Company <br />Susan Schneider /Jennifer Mele, Colorado's Attorney General Office <br />Attachment: Water Project Loan Program — Project Data Sheet <br />