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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />accountant firm of Brock, Watkins, and Schommer. <br /> <br />Total Assets <br /> <br /> 1983 1984 <br />$ 5,447,034 $ 6,566,541 <br /> 1,627,369 2,312,448 <br /> 1,062,987 1,070,047 <br /> 612,803 672,895 <br /> 397,152 450,184 <br /> <br />Total Liabilities <br /> <br />Total Operating Revenue <br /> <br />Total Operating Expenses <br /> <br />Income From Operations <br /> <br />Net Income (includes other <br />income and expenses and <br />extraordinary item in 1983) <br /> <br />753,720 <br /> <br />434,478 <br /> <br />E. <br /> <br />Physical Assets. <br /> <br />The North Poudre Irrigation Company <br /> <br />operates <br /> <br />reservoir <br /> <br />and <br /> <br />22 <br /> <br />storage <br /> <br />facilities <br /> <br />approximately 200 miles of ditches. <br /> <br />The reservoirs <br /> <br />store approximately 64,413 acre feet of water. <br /> <br />North <br /> <br />poudre also owns 40,000 units in the Northern Colorado <br />Water Conservancy Dillltrict; 151 preferred rights in <br />Fossil Creek Reservoir; 445 shares in The Arthur Ditch; <br /> <br />9 shares in Larimer county No.2; 13 shares in The New <br /> <br />Mercer Ditch Co.; and 21 7/8 shares in Taylor and Gill <br /> <br />Ditch Co. <br /> <br />The North poudre Irrigation Company also owns <br /> <br />several pieces of equipment including trucks, pickups <br />and tractors which are of significant value. <br /> <br />The total worth of North Poudre's assets is placed <br />at $ 6,566,591 in 1984 as summarized in the previous <br /> <br />section. <br /> <br />II-3 <br />