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LA PORTS .AREA WATER AUTHORITY EXHIBITB 2 <br />STATEMENT OF REVENUES, EXPENSES AND <br />CHANGES INNET .POSITION <br />For the Year Ended September 30, 20I4 <br />Operating Revenues <br />Charges for services $ 1,195,886 <br />Total operating revenues 1,195,886 <br />Operating Expenses <br />Supplies 1,015 <br />Purchased grater 850,142 <br />Other services and charges 95,976 <br />Depreciation 465,000 <br />Total operating expenses 1,412,133 <br />Operating income (loss) (216,247) <br />Nonoperating Revenues (Expenses) <br />Interest income 4,854 <br />Interest expense and fiscal charges (38,638) <br />Total nonoperating revenue (expenses) (33,784) <br />Income (loss) before contributions and transfers (250,031) <br />Capital contributions 784,737 <br />Change in net position 534,706 <br />Net Position - Beginning 7,497,334 <br />Total Net Position- Ending $ 8,032,040 <br />See Notes to the Financial Statements. <br />11 <br />