| September 30, |
2003 |
2002 |
2001 |
|
Assets |
| Cash and Cash Equivalents |
$ 5,073,740 |
$ 3,168,517 |
$ 3,312,852 |
| Investments |
55,760,993 |
46,273,706 |
50,339,050 |
| Accounts Receivable, Trade |
880,251 |
968,039 |
1,028,702 |
| Government Programs Receivable |
2,119,754 |
1,663,674 |
1,585,144 |
| Beneficial Interest Under Split-Interest Agreements |
224,515 |
207,424 |
231,164 |
| Inventories: |
|
|
|
| Finished Goods |
3,405,145 |
3,236,221 |
4,606,084 |
| Work in Process |
615,874 |
843,226 |
504,661 |
| Raw Materials |
2,492,657 |
1,577,337 |
994,009 |
| Prepaid Expenses |
10,454 |
2,019 |
19,497 |
| Prepaid Pension Expense |
946,376 |
1,205,117 |
1,187,180 |
| Investments, the use of which is limited |
2,446,488 |
2,108,717 |
2,432,421 |
| Property & Equipment, Net of Accumulated Depreciation |
3,957,415 |
3,758,201 |
3,583,678 |
| |
|
Total Assets |
77,933,662 |
65,012,198 |
69,824,442 |
| |
| |
Liabilities and Net Assets |
| Liabilities |
| Accounts Payable and Customer Deposits |
1,034,905 |
983,684 |
698,443 |
| Accrued Payroll |
268,503 |
234,338 |
155,466 |
| Accrued Taxes and Payroll Withholdings |
3,328 |
19,009 |
6,719 |
| Accrued Vacation |
586,368 |
549,762 |
524,043 |
| Annuities Payable |
1,046,602 |
765,978 |
770,673 |
| Accrued Post-Retirement Benefits |
14,630 |
26,542 |
65,969 |
| |
|
| Total Liabilities |
2,954,336 |
2,579,313 |
2,221,313 |
| |
Net Assets |
| Unrestricted |
72,308,323 |
60,116,744 |
64,939,544 |
| Temporarily Restricted |
224,515 |
207,424 |
231,164 |
| Permanently Restricted |
2,446,488 |
2,108,717 |
2,432,421 |
| |
|
Total Net Assets |
74,979,326 |
62,432,885 |
67,603,129 |
| |
| |
Total Liabilities and Net Assets |
77,933,662 |
$65,012,198 |
$69,824,442 |
Full audited financial statements are available upon request.
