8543 N State Highway 130, Newton, IL  62448  Phone: (618) 783-8765  Fax: (618) 783-3673  Toll Free: (877)783-8765

AUDITED STATEMENT OF REVENUE AND EXPENSE
 
Year Ended December 31, 2009
                 
                 
REVENUE              
  Operating Revenue and Patronage Capital       $29,546,901.09
                 
OPERATING EXPENSE            
  Purchased Power       17,627,105.51    
  Operating Expense       5,984,021.08    
  Depreciation Expense     2,612,215.95    
  Taxes         252,127.75    
    Total Cost of Electric Service       $26,475,470.29
                 
  Patronage Capital & Margins from Operations       $3,071,430.80
                 
NON-OPERATING MARGINS          
  Interest Revenue & Other Non-Operating Margins     387,323.46
  Net Patronage Capital and Margins       $3,458,754.26
                 
                 
                 
Balance Sheet as of December 31, 2009
                 
ASSETS AND OTHER DEBITS          
  Electric Plant       $77,545,268.43    
  Less Revenue for Depreciation      26,296,933.56   $51,248,334.87
  Renewal & Replacement Fund          
    & Other Restricted Funds       1,973,552.04
  Other Investments           319,528.31
  Cash - General Fund           2,650,203.17
  Temporary Cash Investments         218,722.88
  Accounts Receivable, Less Reserve       2,408,441.94
  Materials and Supplies - Electric       1,872,258.71
  Prepayments           89,913.08
 
TOTAL ASSETS AND OTHER DEBITS     $60,780,955.00
                 
                 
LIABILITIES AND OTHER CREDITS          
  Accounts Payable           2,076,955.41
  Consumer Deposits           323,860.00
  Other Current & Accrued Liabilities       193,240.28
  Deferred Credits           622,325.21
  Membership Fees           85,610.00
  Other Margins and Equities         3,501,356.49
  Patronage Capital Credits         49,164,361.74
  Other Equities           -1,408,292.13
  FASB 106 Adjustment         6,221,538.00
    TOTAL LIABILITIES AND OTHER CREIDTS   $60,780,955.00