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<br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />HANDY DITCH COMPANY <br />Annual Report <br /> <br />- <br /> <br />- <br /> <br />Superintendent'. Annua' Report for Ihe year ending Nowmber 3D, 1989 <br /> <br />WATER AVAILABLE; <br />Welch teserl/Oir (03-31-89) <br />Hertha reservoir (03-31-89) <br />csr_, <br />Handy Decree water <br />Deines , 2 <br />Town of BaMood <br />Ayans Gulch <br />Total water 8V8Ilable <br /> <br />WATER ORDERED: <br />Handy Stockholders <br />Oired run <br />CST waler <br />Welch contract <br />Deines , 2 <br />Town 01 Berthoud <br />Total waler ordered <br /> <br />SHRINKAGE: <br />Total water available <br />Total water ordered <br />Welch (10.31-89) <br />Hertha (11).31-89) <br />Shrink <br />Percentage of shrink <br /> <br /> <br />18" <br />1,928 <br />.95 <br />3.829 <br />4S50 <br />450 <br />l,on <br />~,' <br />13,083 cf <br /> <br />4.982 <br />947 <br />1.523 <br />.59 <br />243 <br />-.:...m <br />8,408 cf <br /> <br />'~083 <br />8,408 <br />2,875 <br />278 <br />1.524d <br />11.6% <br /> <br />Wayne E. Graham <br />Superintendent <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />.... <br />% <br />rn <br />..% <br />!)> <br />.Z <br />~~ <br />~!2 <br />~~ <br />~8 <br />-I: <br />w" <br />J> <br />Z <br />.. <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />HANDY DITCH COMPANY <br />Balance Sheet <br />November 30 <br />ASSETS <br />Current ...... 1989 18.8 <br />Cash in bank S 50,094 S 22.243 <br />Assessments recetvable (Note 1) 28.012 ...... <br />Olher accounta l8Ceivable 954 2.333 <br />Temporary reat estate Investment 95,765" <br />(Note 3) 48.500 <br />Total current asseta S 127.560 S 146,189 <br />Property and equipment (Note 3) <br />Water rights I 24O,llllO <br />Waler-carrylng and l10rage lacUlttea <br />(Note 2) 1,787,313 1.787,313 <br />TOlaI property and equipment S 1.787,313 $ 2.027.313 <br />Other ....ts & .1 coat <br />Loan reserve S 30.714 S 35.714 <br />Ryan Guk:h &lock 12,850 '2,850 <br />Big Thompson Ditch rights '...... '8,100 <br />Wichita Bank For Cooperatives. Class <br />C Slack (Note 3) ..... ..... <br />Total other assetl: S 2.5,852 S 71.897 <br />Total aasela $ 2,130.725 S 2,245,399 <br />UABILITIES AND STOCKHOLDERS' EQUITY <br />Currenl O.billlle. 1888 1111 <br />Mortgage noIe8 payable. current <br />maturities (NoI8 2) S 33,962 S 112,831 <br />Other current llabIlitles 16.413 17....... <br />Total current liabilities S 5lJ375 S 130,075 <br />Long.term Ilabllitl.. <br />Mortgage nale8 payable, leu current <br />maturities Included above (Note 2) S 78OP73 S 852,587 <br />Total liablliUe. S 830.448 S 982.642 <br />Slockholdera' equity <br />Conlrmuted capital S 655,123 S 655,123 <br />Common stock. $SO par value; <br />900 shares aUlhorized, Issued and <br />outstanding 4~OOO 45.DDO <br />Re1alned earnings 600.154 562.634 <br />Total stockholders' equily S 1.3OD,277 S 1.262,757 <br />ToIal liabilities and S1ockholdars' <br />equily S 2,130,725 S 2,245,399 <br />