Financial Report for the year 2014 2014 Revenue and Expenses


 Residential Sales  Seasonal Sales  Commerical Sales  Irrigation Sales  Other Sales  Other Revenue & Income


2014 Assets Utility Plant


Electric Plant...........$54,913,337 Less Depreciation.....$7,457,231 Depreciated Value...$47,456,106


Investments...............$7,319,786 Current Assets


Cash & Temporary 2014 Revenues


Residential Sales..............................................................$7,785,811 Seasonal Sales.................................................................$1,554,184 Commerical Sales.............................................................$7,247,277 Irrigation Sales..................................................................$1,819,971 Other Sales..........................................................................$330,610 Other Revenue & Income.................................................$1,009,941


Total................................................................................$19,747,794  Cost of Power


 Depreciation & Amortization


 Interest on long-term debt  Operations & Maintenance  Consumer Accounts  Administrative & General


2014 Expenses


Expenses controlled by other entities Cost of Power..................................................................$11,128,706 Depreciation & Amortization................................................$903,981 Interest on long-term debt.................................................$1,199,332 Total................................................................................$13,232,019


Expenses controlled by SWRE


Operations & Maintenance...............................................$2,602,401 Consumer Accounts.............................................................$881,125 Administrative & General.....................................................$981,528 Total..................................................................................$4,465,054


Total Expenses...............................................................$17,697,073


Margins.............................................................................$2,050,721 Total................................................................................$19,747,794


2014 Liabilities and Capital Capital Equities


Memberships.....................$48,830 Patronage Capital.......$25,819,479 Other Equities............($1,107,377) Total............................$24,760,932


Long Term Debt


Liabilities to RUS........$20,837,239 Other Liabilities...........$10,105,034 Total............................$30,942,273


Current Liabilities Notes Payable..............$1,068,500


Accounts Payable.........$1,238,441 Accrued Expenses & Taxes.......................$559,006 Customer Deposits..........$113,000 Total..............................$2,978,947


Total Liabilities............$58,682,152


Cash Investments......$915,498 Receivables..............$1,586,480 Materials......................$229,158 Prepayments..................$58,986 Total..........................$2,790,122


Deferred Debits.........$1,116,138 Total Assets.............$58,682,152


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140  |  Page 141  |  Page 142  |  Page 143  |  Page 144  |  Page 145  |  Page 146  |  Page 147  |  Page 148  |  Page 149  |  Page 150