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<br /> <br />SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS <br /> <br />Item 9.01 Financial Statements and Exhibits <br /> <br /> <br />Audited Financial Statements of Huerfano-Cucharas Irrigation Company <br />Auditor Report, dated April 30, 2010 <br />Balance Sheets – December 31, 2009 and 2008 <br />Statements of Activity and Retained Earnings for the Years Ended December 31, 2009 and 2008 <br />Statements of Cash Flows for the Years Ended December 31, 2009 and 2008 <br />Notes to the Financial Statements - December 31, 2009 and 2008 <br />Supplemental Unaudited Information, Projected Dam Reconstruction Costs <br /> <br /> <br />Unaudited Proforma Balance Sheet at December 31, 2009 of Two Rivers Water Company and Huerfano-Cucharas Irrigation Company <br />Unaudited Proforma Statement of Operations of Two Rivers Water Company and Huerfano-Cucharas Irrigation Company for the Year <br />Ended December 31, 2009 <br /> <br /> <br /> <br /> <br /> <br />(a) Financial Statements of Business Acquired. The following is a complete list of financial statements filed as part of this Report. <br />(b) Unaudited Proforma Financial Statements. The following is complete list of the Proforma financial statements filed as a part of this <br />Report. <br /> <br />Page 2