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Draft 2-4-2014
<br />LA PORTE AREA WATER AUTHORITY
<br />STATEMENT OF REVENUES AND EXPENSES - FIVE YEARS
<br />September 30, 2013
<br />AMOUNTS
<br />20132012201120102009
<br />Operating Revenues
<br />User fees$1,213,334$1,294,479$ 1,246,186
<br />$ 962,843$ 985,972
<br />Operating Expenses
<br />Supplies8,0904,2075,3437,050 46
<br />Purchased water999,6471,264,0501,006,229818,482 745,775
<br />Services and charges95,106107,01281,11089,202 85,459
<br />Depreciation 464,999 460,877 451,689
<br /> 4 62,938 461,465
<br />Total Operating Expenses 1,567,842 1,553,559 1,376,1991,282,969
<br /> 1 ,838,207
<br />Operating Loss (354,508) (543,728) (307,373) (413,356) (296,997)
<br />Nonoperating Revenues (Expenses)
<br />Interest income4,3625,94525,16729,957 77,870
<br />Interest expense (53,566) (128,217) (112,713) (243,859) (272,369)
<br />Net nonoperating Revenues (49,204) (122,272) (87,546) (213,902) (194,499)
<br />Income (loss) Before Contributions
<br />and Operating Transfers(403,712) (666,000) (394,919) (627,258) (491,496)
<br />Contributions793,854752,242791,435860,304 860,388
<br />Net Income (Loss)$ 390,142$ 396,516
<br />$ 8 6,242$ 233,046$ 368,892
<br />No restatement for years 2011 - 2004
<br />See Accompanying Auditor's Report.
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