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11
ASSETS
(What We Own)
2016
2015
Cash and Investments
$ 3,187,264
$ 1,901,373
Receivables
3,092,507
3,328,325
Materials and Supplies
4,500,185
4,654,613
Prepayments
239,034
355,972
Total Current Assets
11,018,990
10,240,283
Long-term Investments
5,797,054
5,553,734
Other Noncurrent Assets
136,480
124,934
Total Investments
5,933,534
5,678,668
Total Telephone Plant
183,435,273
167,459,936
Depreciation
(78,445,692)
(71,467,007)
Net Telephone Plant
TOTAL ASSETS
104,989,581
$ 121,942,105
95,992,929
$ 111,911,880
LIABILITIES (What We Owe)
Accounts Payable
$ 3,070,622
$ 4,111,022
Advance Payments
-
-
Other Current Liabilities
745,722
674,823
Current Portion of Debt
5,977,912
5,271,158
Total Current Liabilities
9,794,256
10,057,003
Long-term Debt
77,795,455
69,974,987
Deferred Credits
217,811
237,311
Patronage Capital
34,134,583
31,642,579
TOTAL LIABILITIES and CAPITAL
$121,942,105
$ 111,911,880
assets & liabilities