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CONSTRUCTION FUND
<br /> Balance Sheets
<br /> June 30,2001 and 2000
<br /> (see accountant's compilation report)
<br /> 2001 2000
<br /> CURRENT ASSETS
<br /> Cash and cash equivalents $ 94,996,879 $ 93,689,800
<br /> Receivables
<br /> Interest receivable/loans 4,464,592 5,146,358
<br /> Loans receivable-current 3,461,302 3,127,951
<br /> 7,925,894 8,274,309
<br /> Total current assets 102,922,773 101,964,109
<br /> NON-CURRENT ASSETS ✓�
<br /> Loans receivable-long term '1 30,918,164 120,684,796
<br /> Total non-current assets /130,918,164 120,684,796 ('Z 3'
<br /> Total assets 233,840,937 222,648,905 .
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<br /> CURRENT LIABILITIES f v /. Q�h r'4 _ lib .
<br /> Accounts payable ' 419,725 275,558
<br /> Projects payable Z o a h D;rb wrf 1,804,862
<br /> Total current liabilities bN+f $ 2,224,587 $ 275,558
<br /> FUND EQUITY/RETAINED EARNINGS
<br /> Reserved for loans --1 4 120,684,796
<br /> Reserved for authorized projects under contract 3 c C3'42 ? 26,181,526
<br /> Reserved for authorized projects not under contract 3 y - 67,225,361
<br /> Unreserved 137,272,544 8,281,664
<br /> Total equity $ 231,616,350 $ 222,373,347
<br /> Total liabilities and equity $ 233,840,937 $ 222,648,905
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