Statement of Financial Position

For an audio copy of this report on cassette tape, email the APH Advisory Services Department or call 1-502-895-2405.

September 30,	2002	2001	2000

Assets
Cash and Cash Equivalents	$ 3,168,517	$ 3,312,852	$ 3,175,600
Investments	46,273,706	50,339,050	55,532,064
Accounts Receivable, Trade	968,039	1,028,702	1,076,412
Government Programs Receivable	1,663,674	1,585,144	1,242,923
Beneficial Interest Under Split-Interest Agreements	207,424	231,164	210,854
Inventories:
Finished Goods	3,236,221	4,606,084	4,382,606
Work in Process	843,226	504,661	515,337
Materials and Supplies	1,577,337	994,009	1,558,014
Prepaid Expenses	2,019	19,497	3,550
Prepaid Pension Expense	1,205,117	1,187,180	740,305
Investments, the use of which is limited	2,108,717	2,432,421	2,768,412
Property & Equipment, Net of Accumulated Depreciation	3,758,201	3,583,678	3,781,436

Total Assets	65,012,198	69,824,442	74,987,513


Liabilities and Net Assets
Liabilities
Accounts Payable and Customer Deposits	983,684	698,443	792,144
Accrued Payroll	234,338	155,466	145,574
Accrued Taxes and Payroll Withholdings	19,009	6,719	14,189
Accrued Vacation	549,762	524,043	480,645
Annuities Payable	765,978	770,673	890,156
Accrued Post-Retirement Benefits	26,542	65,969	90,092
Other Accrued Expenses			450,000

Total Liabilities	2,579,313	2,221,313	2,862,800

Net Assets
Unrestricted	60,116,744	64,939,544	69,145,446
Temporarily Restricted	207,424	231,164
Permanently Restricted	2,108,717	2,432,421	2,979,267

Total Net Assets	62,432,885	67,603,129	72,124,713


Total Liabilities and Net Assets	$65,012,198	$69,824,442	$74,987,513

Full audited financial statements are available upon request.