|
<br />I
<br />I COLORADO WATER CONSERVATION BOARD
<br /> CONSTRUCTION FUND
<br />I STATEMENTS OF NET ASSETS
<br /> June 30, 2003, 2002 and 2001
<br /> (See Accountant's Compilation Report)
<br />I 2003 2002 2001
<br />I CURRENT ASSETS
<br />Cash and cash equivalents $ 83,970,685 $ 88,077,654 $ 94,996,879
<br />I Receivables
<br />Interest receivable/loans 3,981,480 3,956,205 4,464,592
<br />I Loans receivable - Current 5,142,449 5,420,508 3,461,302
<br /> 9,123,929 9,376,713 7,925,894
<br />I Prepaid expenses 51,070 2,591
<br />Total current assets 93,094,614 97,505,437 102,925,364
<br />I NONCURRENT ASSETS
<br />Loans receivable - Long term 153,247,995 142,150,053 130,918,164
<br /> Total noncurrent assets 153,247,995 142,150,053 130,918,164
<br />I Total assets $ 246,342,609 $ 239,655,490 $ 233,843,528
<br />I CURRENT LIABILITIES
<br /> Accounts payable $ 426,743 $ 378,821 $ 422,316
<br />I Projects payable 516,500 1,804,862
<br />Due to Severance Tax Trust Fund
<br /> Perpetual Base Account 560,396 527,840
<br />I Total current liabilities 1,503,639 906,661 2,227,178
<br />I NET ASSETS
<br />Restricted
<br />Restricted for loans 153,247,995 142,150,053 130,918,164
<br />I Restricted for authorized projects under contract 22,325,949 10,940,267 21,047,428
<br />Restricted for authorized projects not under contract 65,996,619 58,981,750 60,605,257
<br /> Unrestricted 3,268,407 26,676,759 19,045,501
<br />I Total net assets 244,838,970 238,748,829 231,616,350
<br /> Total liabilities and net assets $ 246,342,609 $ 239,655,490 $ 233,843,528
<br />I
<br />I
<br />i 2
<br />I
<br />
|