Chapter 20 Test Bank ACCOUNTING FOR STATE AND LOCAL GOVERNMENTAL UNITS PROPRIETAR AND FIDUCIAR FUNDS M!"t#p"e Ch$#%e &!est#$ns
LO' '(
)hat )hat *as# *as#s s $+ $+ a%% a%%$! $!nt nt#n #n, , #s #s !se !se *. *. pr$ pr$pr pr#e #eta tar. r. +!n +!ns/ s/ a( *( %( (
LO' 2(
Ente Enterp rpr# r#se se +!n +!ns s are are a%%$ a%%$!n !nte te +$r +$r #n a 1an 1anne ner r s#1 s#1#" #"ar ar t$ a( *( %( (
LO' 3(
#ntern #nterna" a" ser ser#%e #%e +!ns( +!ns( %$nstr %$nstr!%t !%t#$n #$n pr$e pr$e%t %t +!ns( +!ns( a,en a,en%. %. +!n +!ns s( ( pr#at pr#ate-p e-p!rp !rp$se $se tr!st tr!st +!ns +!ns( (
Pa.1 Pa.1en ents ts #n #n "#e "#e! ! $+ ta4e ta4es s +r$1 +r$1 an an ent enter erpr pr#s #se e +!n +!n sh$! sh$!" " *e *e rep$rte as a5n6 a( *( %( (
LO' 7(
M$#+# M$#+#e e a%%r!a a%%r!a" " a%%$!nt a%%$!nt#n, #n,( ( A%%r!a A%%r!a" " a%%$!n a%%$!nt#n t#n,( ,( Cash Cash *as# *as#s s a%%$ a%%$!nt !nt#n, #n,( ( Fa#r Fa#r a"! a"!e e a%%$ a%%$!nt !nt#n, #n,( (
$per $perat at#n #n, , e4pen e4pense se( ( $perat $perat#n, #n, trans+ trans+er er $!t( $!t( n$n$pe n$n$perat rat#n, #n, e4pens e4pense( e( n$n$pe n$n$perat rat#n, #n, tran trans+e s+er r $!t( $!t(
The The ent enter erpr pr#s #se e +!n +!n a%% a%%$! $!nt nt#n #n, , e8! e8!at at#$ #$n n #s #s a( assets assets 9 "#a* "#a*#"# #"#t#e t#es( s( *( %!rrent %!rrent assets assets : n$n%!rrent n$n%!rrent assets assets : "#a*#"#t "#a*#"#t#es #es 9 +!n *a"an%e( %( %!rrent %!rrent assets assets : n$n%!rr n$n%!rrent ent assets assets : "#a*#"#t "#a*#"#t#es #es 9 net assets( ( %!rrent %!rrent assets assets : n$n%!rr n$n%!rrent ent assets assets - "#a*#"#t "#a*#"#t#es #es 9 net assets(
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-'
LO' ?(
Depre%#at#$n $+ a pr$pr#etar. +!n@s +#4e assets
#s
I( rep$rte #n the ,$ern1enta"-#e +#nan%#a" state1ents( II(re%$re #n the pr$pr#etar. +!n( a( *( %( ( LO' (
)h#%h $+ the +$""$#n, +!ns #s n$t #n%"!e #n ,$ern1ent-#e +#nan%#a" state1ents/ a( *( %( (
LO2 (
$perat#n, a%t##t#es( n$n%ap#ta" +#nan%#n, a%t##t#es( %ap#ta" an re"ate +#nan%#n, a%t##t#es( #nest#n, a%t##t#es(
Ma$r %ate,$r#es $+ the enterpr#se +!n %ash +"$ state1ent #n%"!e a"" $+ the +$""$#n, e4%ept %ash +"$s +r$1 a( *( %( (
LO2 <(
Interna" ser#%e +!ns( Enterpr#se +!ns( F#!%#ar. +!ns( Per1anent +!ns(
In a pr$pr#etar. +!n state1ent $+ %ash +"$s= %ash pa# t$ $ther +!ns= e4%ept +$r #nter+!n ser#%es !se= sh$!" *e %"ass#+#e as a %ash $!t+"$ +r$1 a( *( %( (
LO2 (
I( $n".( II( $n".( I( an II( Ne#ther I n$r II(
#nest#n, a%t##t#es( restr#%te an !nrestr#%te +!n *a"an%es( n$n%ap#ta" +#nan%#n, a%t##t#es( %ap#ta" an re"ate +#nan%#n, a%t##t#es(
GASB@s %ash +"$ state1ent rep$rt#n, a( *( %( (
re8!#res the #re%t 1eth$( re8!#res the #n#re%t 1eth$( per1#ts e#ther the #re%t $r #n#re%t 1eth$( re8!#res re%$n%#"#at#$n *eteen the #re%t an #n#re%t 1eth$(
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-2
LO3 '0(
The a,en%. +!n a%%$!nt#n, e8!at#$n #s a( assets 9 "#a*#"#t#es( *( %!rrent assets : n$n%!rrent assets : "#a*#"#t#es 9 +!n *a"an%e( %( %!rrent assets : n$n%!rrent assets : "#a*#"#t#es 9 net assets( ( %!rrent assets : n$n%!rrent assets - "#a*#"#t#es 9 net assets(
LO3 ''(
)h#%h $+ the +$""$#n, $es n$t appear $n the state1ent $+ %ash +"$s as an $perat#n, a%t##t./ a( *( %( (
LO3 '2(
)h#%h $+ the +$""$#n, #s n$t a +#!%#ar. +!n/ a( *( %( (
LO3 '3(
A per1anent +!n( A pr$pr#etar. +!n( A tr!st +!n( An a,en%. +!n(
)hat *as#s $+ a%%$!nt#n, #s !se *. +#!%#ar. +!ns/ a( *( %( (
LO3 '7(
Re%e#pts +r$1 #nter+!n re#1*!rse1ents( Pa.1ents +$r ta4es an #n "#e! $+ ta4es( Pa.1ents +$r #nterest( F#nes +$r "ate ser#%e pa.1ents(
M$#+#e a%%r!a" a%%$!nt#n,( A%%r!a" a%%$!nt#n,( Cash *as#s a%%$!nt#n,( Present a"!e a%%$!nt#n,(
Pr!ent C#t. %$""e%ts state sa"es ta4es 8!arter". +r$1 "$%a" *!s#nesses an then ,#es the state reen!e epart1ent the 1$ne. at the en $+ the .ear( The sa"es ta4es $!" ,$ #n Pr!ent C#t.@s a( *( %( (
spe%#a" reen!e +!n( ,enera" +!n( a,en%. +!n( enterpr#se +!n(
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-3
LO3 '?(
In re+eren%e t$ a,en%. +!ns= h#%h $+ the +$""$#n, state1ents #s %$rre%t/ a( A,en%. +!ns are +#!%#ar. +!ns !se t$ a%%$!nt +$r res$!r%es that ,$ern1ents h$" #n a %!st$#a" %apa%#t.( *( A,en%. +!ns %an ar#se +r$1 the n$r1a" an re%!rr#n, $perat#$ns $+ $ther +!ns( %( A,en%. +!ns %an *e !se hen the ,$ern1enta" ent#t. !nertakes ne%essar. a1#n#strat#e !t#es= s!%h as eter1#n#n, the e"#,#*#"#t. $+ p$tent#a" re%#p#ents( ( A"" $+ the a*$e are %$rre%t(
LO3 '(
Pr#ate-p!rp$se tr!st +!ns are a%%$!nte +$r #n the sa1e 1anner as a( *( %( (
LO3 '(
per1anent +!ns( pr$pr#etar. +!ns( spe%#a" reen!e +!ns( +#!%#ar. +!ns(
In re+eren%e t$ tr!st +!ns= h#%h $+ the +$""$#n, state1ents #s %$rre%t/ a( Inest1ent tr!st +!ns are +#!%#ar. +!ns !se t$ a%%$!nt +$r 1!"t#,$ern1enta" e4terna" #nest1ent p$$"s sp$ns$re *. a ,$ern1enta" a,en%.( *( Pr#ate-p!rp$se tr!st +!ns are +#!%#ar. +!ns !se t$ a%%$!nt +$r res$!r%es that are he" +$r the *ene+#t $+ part#es $!ts#e $+ the ,$ern1enta" a,en%.( %( Pens#$n tr!st +!ns are +#!%#ar. +!ns !se hen a ,$ern1ent a%ts as tr!stee +$r a e+#ne pens#$n p"an +$r a ,$ern1enta" ent#t.( ( A"" $+ the a*$e are %$rre%t(
LO7 '(
The t$ re8!#re +#nan%#a" state1ents +$r e+#ne *ene+#t pens#$n p"ans are a state1ent $+ a( p"an net assets an a s%he!"e $+ +!n#n, pr$,ress( *( p"an net assets an a state1ent $+ %han,es #n p"an net assets( %( %han,es #n p"an net assets an a s%he!"e $+ e1p"$.er %$ntr#*!t#$ns( ( reen!es= e4penses= an %han,es #n net assets an a state1ent $+ %ash +"$s(
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-7
LO7 '<(
A pens#$n tr!st +!n state1ent $+ %han,es #n p"an net assets $!" #n%"!e a"" $+ the +$""$#n, e4%ept a( *( %( (
LO7 20(
e1p"$.er %$ntr#*!t#$ns( e1p"$.ee %$ntr#*!t#$ns( *ene+#t pa.1ents( %ash s!rrener a"!e(
In re+eren%e t$ ,$ern1enta" a%%$!nt#n, +$r p!*"#% e1p"$.ee ret#re1ent s.ste1s 5PERS6= h#%h $+ the +$""$#n, state1ents #s %$rre%t/ a( PERS are s!*e%t t$ ERISA re,!"at#$ns( *( G$ern1ents $+ten t!rn t$ FASB +$r ,!#an%e #n the#r e++$rts t$ %$1p". #th pens#$n re,!"at#$ns( %( GASB pens#$n stanars re8!#re ,$ern1ents t$ present a s%he!"e $+ +!n#n, pr$,ress +$r e+#ne *ene+#t pens#$n p"ans( ( A"" $+ the a*$e are %$rre%t(
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-?
LO' E4er%#se ' Prepare $!rna" entr#es t$ re%$r the +$""$#n, transa%t#$ns #n the enterpr#se +!n +$r a state !n#ers#t.( '( T!#t#$n an +ees assesse t$ta" =000=000 $+ h#%h 0 as %$""e%te *. .ear-en s%h$"arsh#ps ere ,rante +$r 300=000 an 200=000 as est#1ate t$ *e !n%$""e%t#*"e( 2( Reen!es %$""e%te +r$1 sa"es an ser#%es t$ the !n#ers#t. *$$kst$re ere '=200=000( 3( Sa"ar#es an a,es ere 3=000=000= $+ h#%h 200=000 as +$r e1p"$.ees $+ the !n#ers#t. *$$kst$re( 7( Unrestr#%te %ash as !se t$ pa. the "$n,-ter1 1$rt,a,e $n the !n#ers#t.Hs *!#"#n,s '=?00=000 +$r #nterest an ?00=000 +$r 1$rt,a,e pr#n%#pa"( ?( Restr#%te %$ntr#*!t#$ns $+ 00=000 +$r a spe%#+#% a%ae1#% pr$,ra1 ere re%e#e( ( E4pen#t!res $+ 77?=000 +$r the restr#%te pr$,ra1 ere #n%!rre an pa#( ( E8!#p1ent $+ ??=000 as p!r%hase an pa# +$r #th !nrestr#%te %ash( LO' E4er%#se 2 Spen%er C$""e,e assesse '=3?0=000 #n st!ent t!#t#$n +$r the +a"" se1ester( The %$""e,e est#1ates *a e*ts #"" *e 2 $+ the ,r$ss assesse t!#t#$n( Spen%er #s "$%ate #n M$ntana here a s%h$"arsh#p pr$,ra1 pr$#es +$r t!#t#$n a#ers t$ta"#n, '20=000( Est#1ate !n%$""e%t#*"e t!#t#$n #s '3=?00( Deter1#ne the a1$!nt $+ reen!e t$ *e rep$rte #n the Spen%er enterpr#se +!n(
LO' E4er%#se 3 Re%$r the +$""$#n, transa%t#$ns #n the P$rter >$sp#ta" enterpr#se +!n '( 2(
3( 7( ?(
Gr$ss pat#ent ser#%es reen!es '0=000=000( In%"!e #n the a*$e reen!es are %har#t. ser#%es= 200=000 %$ntra%t!a" a!st1ents= 00=000 an est#1ate !n%$""e%t#*"e a1$!nts= 3?0=000( P!r%hase e8!#p1ent *. #ss!#n, a ?-.ear n$te +$r 0=000( Re%e#e %ash $nat#$ns restr#%te +$r a %ap#ta" *!#"#n, a#t#$n pr$,ra1= 2=200=000( In%!rre an pa# '0=000 $+ %$ntra%t$r *#""#n,s +$r the %ap#ta" *!#"#n, pr$,ra1(
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-
LO' E4er%#se 7 J$!rna"#Ke the +$""$#n, !t#"#t. transa%t#$ns #n the Br$n C$!nt. enterpr#se +!n '( B#""#n,s t$ e4terna" %!st$1ers '=00=000= *#""#n,s t$ Br$n C$!nt. ,$ern1enta" +!ns '30=000( 2( C$""e%te re+!na*"e ep$s#ts +r$1 ne !t#"#t. %!st$1ers '0=000( 3( C$""e%te
LO' E4er%#se ? Prepare $!rna" entr#es #n an Interna" Ser#%e F!n $+ Prat C$!nt. t$ re%$r ea%h $+ the +$""$#n, transa%t#$ns( '(
P!r%hase e8!#p1ent $n Septe1*er ' *. pa.#n, 2?=000 $n an *$rr$#n, '00=000 $n a = 2-.ear n$te(
2(
B#""e Genera" F!n epart1ents 20=000 +$r ser#%es pr$#e t$ th$se epart1ents( B#""#n,s t$ the Enterpr#se F!n t$ta"e '?=000( A"" *#""#n,s ere %$""e%te *. .ear-en e4%ept +$r '00=000 %har,e t$ the Genera" F!n(
3(
A%%r!e .ear-en 5De%e1*er 3'6 a!st1ents +$r #nterest e4pense an epre%#at#$n( The !se+!" "#+e $+ the e8!#p1ent #s ? .ears #th n$ sa"a,e a"!e(
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-
LO' E4er%#se J$!rna"#Ke the +$""$#n, !t#"#t. transa%t#$ns #n the Starke. C$!nt. enterpr#se +!n '( The !t#"#t. s$" 7=000=000 $+ (? reen!e *$ns at < $n J!". ' 5an #nterest pa.1ent ate6( The *$n pr$%ees are t$ *e !se +$r ne p"ant %$nstr!%t#$n an the #ss!e #"" 1at!re #n 20 .ears( 2( Depre%#at#$n +$r the .ear-ene De%e1*er 3' #n%"!e 300=000 +$r *!#"#n,s an '<0=000 +$r e8!#p1ent( 3( The !t#"#t. pa# 00=000 #n %$nstr!%t#$n %$sts +$r the ne p"ant( 7( Interest $n the reen!e *$ns as a%%r!e at .ear-en(
LO' E4er%#se Prepare $!rna" entr#es t$ re%$r the +$""$#n, ,rant-re"ate transa%t#$ns $+ an enterpr#se +!n( '( 2( 3( 7(
Re%e#e an $perat#n, ,rant #n %ash +r$1 the state= 2=?00=000( In%!rre an pa# 8!a"#+.#n, e4penses $n the ,rant pr$,ra1= '=00=000( Re%e#e a +eera" ,rant t$ +#nan%e %$nstr!%t#$n $+ a p"ant= 7=?00=000 5%ash re%e#e #n aan%e6( In%!rre an pa# %$nstr!%t#$n %$st $n the p"ant= 3=000=000(
LO2 E4er%#se Base !p$n the pr$#e 200 ann!a" %ash +"$ #n+$r1at#$n= prepare a %ash +"$ state1ent +$r the B"!e Va""e. A8!at#% Center enterpr#se +!n( Green +ees re%e#e Me1*ersh#p +ees re%e#e Lea,!e $!t#n, +ees re%e#e Interest reen!e re%e#e Cash re%e#e +r$1 sh$rt-ter1 n$te pa.a*"e Pa.1ents t$ e1p"$.ees Pa.1ents t$ s!pp"#ers Cash pa# #n "#e! $+ ta4es t$ the ,enera" +!n Pa.1ents +$r %ap#ta" #1pr$e1ents Interest pa# $n sh$rt-ter1 "$an Cash *a"an%e $n Jan!ar. '= 200
?00=000 30=000 '20=000 2=000 ?=000 3?0=000 '<=000 0=000 ?=000 3=000 '?=000
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-
LO2 E4er%#se < The +$!r %ash +"$ a%t##t#es re8!#re #n a ,$ern1ent pr$pr#etar. +!nHs state1ent $+ %ash +"$s are "#ste *e"$ an ass#,ne a "etter %$e( A6 Cash +"$s +r$1 $perat#n, a%t##t#es B6 Cash +"$s +r$1 n$n%ap#ta" +#nan%#n, a%t##t#es C6 Cash +"$s +r$1 %ap#ta" an re"ate +#nan%#n, a%t##t#es D6 Cash +"$s +r$1 #nest#n, a%t##t#es Re8!#re Use the %$rre%t "etter %$e t$ #n#%ate here ea%h $+ the +$""$#n, ten #te1s sh$!" *e rep$rte #n the state1ent $+ %ash +"$s( '( 2( 3( 7(
?( ( ( ( <( '0(
An enterpr#se +!n +#4e asset as s$" +$r %ash( The pr$%ees +r$1 the sa"e $+ the +#4e asset ere trans+erre t$ the ,enera" +!n( Pa# pr#n%#pa"= '00= 000= an #nterest= 2?0=000= $n a 1$rt,a,e( Cash pr$%ees +r$1 sa"e $+ #nest1ents= <0=000( Inest1ents ere p!r%hase #th the pr$%ees $+ e*t #ss!e t$ +#nan%e %$nstr!%t#$n $+ spe%#a"#Ke e8!#p1ent that #s a"1$st %$1p"ete( Cash pa# +$r ne e8!#p1ent= 22=000( Cash re%e#e +r$1 the ,enera" +!n t$ %$er part $+ the %$st $+ p"ant e4pans#$n= '=000=000( Cash re%e#e +r$1 an$ther +!n as a -1$nth "$an +$r the s$"e p!rp$se $+ +#nan%#n, p!r%hase $+ e8!#p1ent= <0=000( Cash pr$%ees +r$1 #ss!#n, *$ns +$r an enterpr#se +!n %$nstr!%t#$n pr$e%t( Cash pa# t$ e1p"$.ees +$r sa"ar#es( Cash re%e#e +r$1 #nterest earne $n #nest1ents(
LO2 E4er%#se '0 Base !p$n the pr$#e 200 ann!a" %ash +"$ #n+$r1at#$n= prepare a %ash +"$ state1ent +$r the D$nt$n Un#ers#t. M$t$r P$$" #nterna" ser#%e +!n( Cash re%e#e +r$1 %!st$1ers Cash re%e#e ,enera" +!n 5n$n%ap#ta" "$an6 Interest reen!e re%e#e Cash re%e#e +r$1 sh$rt-ter1 n$te pa.a*"e Pa.1ents t$ e1p"$.ees Pa.1ents t$ s!pp"#ers Cash pa# #n "#e! $+ ta4es t$ the ,enera" +!n Pa.1ents +$r %ap#ta" #1pr$e1ents Interest pa# $n sh$rt-ter1 "$an Pr#n%#pa" pa# $n %ap#ta" e*t Interest pa# $n %ap#ta" e*t Cash *a"an%e $n Jan!ar. '= 200
?0=000 20=000 '=000 70=000 7?0=000 2?0=000 ?=000 ?=000 2=000 ?0=000 '0=000 '2=000
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-<
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I r$te a rep"a%e1ent 8!est#$n(
I r$te a rep"a%e1ent 8!est#$n(
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;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-'0
E4er%#se ' '(
T!#t#$n an +ees re%e#a*"e((((((((((((( T!#t#$n reen!e (((((((((((((((((((((
=000=000
S%h$"arsh#ps e4pense(((((((((((((((((((( Ba e*ts e4pense((((((((((((((((((((((( T!#t#$n an +ees re%e#a*"e(((((((((( A""$an%e +$r !n%$""e%t#*"e a%%$!nts(
300=000 200=000
Cash ((((((((((((((((((((((((((((((((( T!#t#$n an +ees re%e#a*"e((((((((((
=700=000
2( Cash ((((((((((((((((((((((((((((((((( A!4#"#ar. enterpr#ses reen!e((((((((
=000=000
300=000 200=000
=700=000
'=200=000 '=200=000
3( E!%at#$na" an ,enera" e4penses A!4#"#ar. enterpr#ses e4pense((((((((((( Cash(((((((((((((((((((((((((((((((((
2=00=000 200=000
Interest e4pense(((((((((((((((((((((((( M$rt,a,e pa.a*"e(((((((((((((((((((((((( Cash(((((((((((((((((((((((((((((((((
'=?00=000 ?00=000
Restr#%te %ash((((((((((((((((((((((((( De+erre %$ntr#*!t#$n reen!e (((((((
00=000
E!%at#$na" e4pense (((((((((((((((((((( Restr#%te %ash((((((((((((((((((((((
77?=000
De+erre %$ntr#*!t#$n reen!e((((((((((( C$ntr#*!t#$n reen!e(((((((((((((((((
77?=000
E8!#p1ent (((((((((((((((((((((((((((((( Cash(((((((((((((((((((((((((((((((((
??=000
3=000=000
7(
2=000=000
?( 00=000
( 77?=000
77?=000
( ??=000
E4er%#se 2 The +!"" a1$!nt $+ t!#t#$n %har,es #s re%$,n#Ke( The t!#t#$n a#ers an the !n%$""e%t#*"e a%%$!nts sh$!" *e rep$rte as e4penses( There+$re= the reen!e $+ the enterpr#se +!n #s '=3?0=000(
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-''
E4er%#se 3 '( A%%$!nts re%e#a*"eCash(((((((((((((((( Pat#ent ser#%e reen!e((((((((((((((
'0=000=000
Char#t. ser#%e a!st1ents((((((((((((( C$ntra%t a!st1ents(((((((((((((((((((( Ba e*t e4pense(((((((((((((((((((((((( A%%$!nts re%e#a*"e(((((((((((((((((( A""$an%e +$r !n%$""e%t#*"e a%%$!nts(
200=000 00=000 3?0=000
E8!#p1ent((((((((((((((((((((((((((((((( N$tes pa.a*"e((((((((((((((((((((((((
0=000
Restr#%te %ash((((((((((((((((((((((((( De+erre %$ntr#*!t#$n reen!e((((((((
2=200=000
C$nstr!%t#$n #n pr$,ress(((((((((((((((( De+erre %$ntr#*!t#$n reen!e(((((((( Restr#%te %ash((((((((((((((((((((((((( C$ntr#*!t#$n reen!e(((((((((((((((((
'0=000 '0=000
'0=000=000
2(
<00=000 3?0=000
3.
0=000
4.
2=200=000
5.
'0=000 '0=000
E4er%#se 7 '( A%%$!nts re%e#a*"e((((((((((((((((((((( D!e +r$1 $ther +!ns(((((((((((((((((((( Ser#%e reen!e((((((((((((((((((((((
'=00=000 '30=000
Restr#%te %ash((((((((((((((((((((((((( C!st$1er ep$s#ts((((((((((((((((((((
'0=000
Cash ((((((((((((((((((((((((((((((((( A%%$!nts re%e#a*"e(((((((((((((((((( D!e +r$1 $ther +!ns(((((((((((((((((
'=73=?00
C!st$1er ep$s#ts((((((((((((((((((((((( Restr#%te %ash((((((((((((((((((((((
7=000
A%%$!nts re%e#a*"e((((((((((((((((((((( Ser#%e reen!e(((((((((((((((((((((
'7=000
'=30=000
2( '0=000
3( '=?20=000 '23=?00
7( 7=000
?(
E4er%#se ?
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-'2
'7=000
'(
2(
3(
E8!#p1ent ((((((((((((((((((((((((((((( Cash((((((((((((((((((((((((((((( N$tes pa.a*"e((((((((((((((((((((
'2?=000
D!e +r$1 ,enera" +!n(((((((((((((((((( D!e +r$1 enterpr#se +!n((((((((((((((( Ser#%e reen!es(((((((((((((((((
20=000 '?=000
Cash((((((((((((((((((((((((((((((((((( D!e +r$1 ,enera" +!n(((((((((((( D!e +r$1 enterpr#se +!n(((((((((
?=000
Interest e4pense((((((((((((((((((((((( Interest pa.a*"e((((((((((((((((( 5'00=000 (0 7'2 9 2=0006
2=000
Depre%#at#$n e4pense((((((((((((((((((( A%%!1!"ate epre%#at#$n-e8!#p(( ( 5'2?=000 ? .ears6 7'2 9 =333
=333
2?=000 '00=000
?=000
?20=000 '?=000
2=000
=333
E4er%#se '(
Restr#%te %ash D#s%$!nt $n reen!e *$ns(((((((((((((( B$ns pa.a*"e((((((((((((((((((((((
3=<20=000 0=000
Depre%#at#$n e4pense((((((((((((((((((( A%%!1!"ate epre%#at#$n-*!#"#n, '?0=000 A%%!1!"ate epre%#at#$n-e8!#p1ent(
7<0=000
3(
C$nstr!%t#$n #n pr$,ress((((((((((((((( Restr#%te %ash((((((((((((((((((((
00=000
Interest e4pense((((((((((((((((((((((( D#s%$!nt $n reen!e *$ns(((((((( Interest pa.a*"e(((((((((((((((((
'32=000
2(
7(
7=000=000
300=000 '<0=000
00=000
2=000 '30=000
5Interest pa.a*"e 9 7=000=000 4 (? 4 '2 9 '30=0006 5D#s%$!nt a1$rt#Kat#$n 9 0=00020 4 '2 9 2=0006
E4er%#se '(
Restr#%te %ash(((((((((((((((((((((( De+erre ,rant reen!es((((((((((
2=?00=000
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-'3
2=?00=000
2(
3(
7(
E4penses((((((((((((((((((((((((((((( Restr#%te %ash((((((((((((((((((
'=00=000
De+erre ,rant reen!es(((((((((((((( N$n$perat#n, reen!es--,rants( ( ( (
'=00=000
Restr#%te %ash(((((((((((((((((((((( De+erre %$ntr#*!te %ap#ta"( ( ( ( (
7=?00=000
C$nstr!%t#$n #n pr$,ress((((((((((((( Restr#%te %ash((((((((((((((((((
3=000=000
De+erre %$ntr#*!te %ap#ta"((((((((( C$ntr#*!te %ap#ta"((((((((((((((((((
3=000=000
'=00=000
'=00=000
7=?00=000
3=000=000
3=000=000
E4er%#se Re R#er M!n#%#pa" G$"+ C$!rse F!n State1ent $+ Cash F"$s F$r the ear Ene De%e1*er 3'= 200 Cash F"$s +r$1 Operat#n, A%t##t#es Cash re%e#e +r$1 %!st$1ers Cash pa# +$r $perat#n, e4penses Net %ash pr$#e Cash F"$s +r$1 N$n%ap#ta" F#nan%#n, A%t##t#es Cash re%e#e +r$1 sh$rt-ter1 n$te Cash pa# +$r #nterest Operat#n, trans+er $!t - $ther +!ns Net %ash pr$#e Cash F"$s +r$1 Cap#ta" an Re"ate F#nan%#n, a%t##t#es Cash pa# $n %ap#ta" #1pr$e1ents Net %ash !se Cash F"$s +r$1 Inest#n, A%t##t#es Interest re%e#e Net %ash pr$#e Net #n%rease #n !nrestr#%te %ash Cash *a"an%e= Jan!ar. '= 200 Cash *a"an%e= De%e1*er 3'= 200
?0=000 5?7=0006 '02=000
?=000 5 3=0006 50=0006 '2=000
5?=0006 5 ?=0006 2=000 2=000 3'=000 '?=000 7=000
E4er%#se < '( 2( 3(
C B C
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-'7
7( ?( ( ( ( <( '0(
D C C C C A D
E4er%#se '0 D$nt$n Un#ers#t. M$t$r P$$" F!n State1ent $+ Cash F"$s F$r the ear Ene De%e1*er 3'= 200 Cash F"$s +r$1 Operat#n, A%t##t#es Cash re%e#e +r$1 %!st$1ers Cash pa# +$r $perat#n, e4penses Net %ash pr$#e Cash F"$s +r$1 N$n%ap#ta" F#nan%#n, A%t##t#es Cash re%e#e +r$1 sh$rt-ter1 n$te Cash re%e#e +r$1 ,enera" +!n N$n%ap#ta" "$an Cash pa# +$r #nterest Operat#n, trans+er $!t - $ther +!ns Net %ash !se Cash F"$s +r$1 Cap#ta" an Re"ate F#nan%#n, a%t##t#es Pr#n%#pa" pa# $n %ap#ta" e*t Interest pa# $n %ap#ta" e*t Cash pa# $n %ap#ta" #1pr$e1ents Net %ash !se Cash F"$s +r$1 Inest#n, A%t##t#es Interest re%e#e Net %ash pr$#e Net #n%rease #n !nrestr#%te %ash Cash *a"an%e= Jan!ar. '= 200 Cash *a"an%e= De%e1*er 3'= 200
?0=000 500=0006 '?0=000
70=000 20=000 5 2=0006 5?=0006 5
=0006
5?0=0006 5'0=0006 5?=0006 5'3?=0006 '=000 '=000 <=000 '2=000 2'=000
;200< Pears$n E!%at#$n= In%( p!*"#sh#n, as Prent#%e >a"" 20-'?
