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Annual Report 2012: APH Financial Statements, Fiscal Year 2012

October 1, 2011 – September 30, 2012

Previous: Statements of Financial Position Next: Statements of Cash Flows

Statements of Activities and Changes in Net Assets

Year Ended September 30, 2012

  Unrestricted Temporarily Restricted Permanently Restricted Total

Support, Revenues and Gains
Products Distributed and Sold $24,807,555 - - $24,807,555
Contributions and Bequests 1,057,673 46,497 - 1,104,170
Interest and Dividends 1,765,635 19,723 49,647 1,835,005
Grants 483,635 - - 483,635
Gain on Investments 12,165,749 493,932 - 12,659,681
Miscellaneous Income 1,210,484 - - 1,210,484
Net Assets Released from Restrictions 7,183 (7,183) - -
Total Support, Revenues and Gains 41,497,914 552,969 49,647 42,100,530

Expenses
Costs of Products Distributed and Sold 20,094,980 - - 20,094,980
General and Administrative 4,639,794 - - 4,639,794
Program Support 2,499,766 - - 2,499,766
Fund-Raising and Development 511,125 - - 511,125
Miscellaneous Expense 206,849 - - 206,849
Investment Fees 200,035 - - 200,035
Total Expenses and Losses 28,152,549 - - 28,152,549
Net Income for the Retirement Plan (1,454,406) - - (1,454,406)
Change in Net Assets 14,799,771 552,969 49,647 15,402,387
Net Assets, Beginning of Year 87,063,035 2,956,779 2,010,669 92,030,483
Net Assets, End of Year 101,862,806 3,509,748 2,060,316 107,432,870

Year Ended September 30, 2011

  Unrestricted Temporarily Restricted Permanently Restricted Total

Support and Revenues
Products Distributed and Sold $23,232,085 - - $23,232,085
Contributions and Bequests 3,078,449 - - 3,078,449
Interest and Dividends 1,621,323 43,929 24,823 1,690,075
Grants 353,431 - - 353,431
Miscellaneous Income 1,306,430 - - 1,306,430
Net Assets Released from Restrictions 158,547 (158,547) - -
Total Support and Revenues 29,750,265 (114,618) 24,823 29,660,470

Expenses and Losses
Costs of Products Distributed and Sold 18,878,554 - - 18,878,554
General and Administrative 4,972,657 - - 4,972,657
Program Support 2,375,735 - - 2,375,735
Fund-Raising and Development 614,203 - - 614,203
Miscellaneous Expense 174,415 - - 174,415
Loss on Investments, Net 2,311,350 - - 2,311,350
Investment Fees 187,469 - - 187,469
Total Expenses and Losses 29,514,383 - - 29,514,383
Net Expense for the Retirement Plan 896,061 - - 896,061
Change in Net Assets (660,179) (114,618) 24,823 (749,974)
Net Assets, Beginning of Year 87,723,214 3,071,397 1,985,846 92,780,457
Net Assets, End of Year 87,063,035 2,956,779 2,010,669 92,030,483

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