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<br />00332S <br /> <br />FINANCIAL REPORT <br /> <br />b\[ffilY[}{](UJ~ )l@(UJ ~@ <br /> <br />ARTHUR YOUNG & COMPANY <br />1550 ONE FIRST NATIONAL CENTER <br />1620 DODGE STREET <br />OMAHA, NE 68102 <br /> <br />~ I <br />t <br />! <br />, <br />, <br />, <br />, <br />! <br />, <br />;! <br />, <br />i <br />~ <br />. <br />~ <br />:. <br />~ <br />, <br />< <br />! <br />" <br />~ <br />!; <br />, <br />" <br />, <br />~~ <br />~; <br />" <br />" <br />~ <br />t I <br />" <br />" <br />~~ <br />~; <br /><. <br />~ <br />~ <br />, <br />~~ <br />~ <br />;:: <br />:'1 <br />~: <br />7 <br />.. <br />,. <br /> <br />Missouri BasIn States Association <br /> <br />We have examined the accompanying statement of operating cash receipts and <br />expenditures and unobligated cash and invested cash of the Missouri Basin <br />States Association at and for the year ended September 3D, 1982. OUf exami- <br />nation was made in accordance with generally accepted auditing standards <br />and. accordingly, included such tests of the accounting records and such other <br />auditing procedures as we considered necessary in the circumstances. <br /> <br />As described in Note 1, the Association's policy is to prepare its financial state- <br />ments on the basis of cash receipts and expenditures whIch results in a <br />financial statement that does not present the results of operations in accordance <br />with generally accepted accounting principles. <br /> <br />In our opinion, the statement mentioned above presents fairly the unobligated <br />cash and invested cash of the Missouri Basin States Association at September <br />30, 1982, and its cash receipts and expenditures for the year then ended, <br />on the basis described in Note. 1. <br /> <br />~~.J-~ <br /> <br />October 18, 1982 <br />