Statements of Financial Position

September 30, 2009 2008

ASSETS

Cash and Cash Equivalents $ 3,893,158 $ 3,935,759
Investments 81,055,760 77,861,265
Investments, the use of which is limited 2,716,301 2,614,638
Accounts Receivable, trade 532,112 674,749
Government Programs Receivable 694,291 288,052
Beneficial Interest Under Split-Interest Agreements 87,651 82,673
Inventories 7,271,954 6,291,171
Prepaid Expenses 57,978 61,112
Overfunded benefit plan asset   5,783,894
Property & Equipment, Net of Accumulated Depreciation 3,898,635 3,948,634
 

TOTAL ASSETS

100,207,840 101,541,947
 
 

LIABILITIES AND NET ASSETS

LIABILITIES
Accounts Payable and Customer Deposits 1,577,629 1,733,122
Accrued Payroll 389,107 372,520
Accrued Taxes and Payroll Withholdings 65,991 62,249
Accrued Vacation 639,222 616,688
Annuities Payable 1,609,717 1,641,681
Underfunded benefit plan obligation 10,276,876 9,896,540
Deferred compensation liability 450,279 354,465
Other accrued expenses 600,000 335,000
 
Total Liabilities 15,608,821 15,012,265
 

NET ASSETS

Unrestricted 81,758,780 83,776,281
Temporarily Restricted 123,938 138,763
Permanently Restricted 2,716,301 2,614,638
 

Total Net Assets

84,599,019 86,529,682
 
 

TOTAL LIABILITIES AND NET ASSETS

$100,207,840 $101,541,947

Full audited financial statements are available upon request.

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