PHILADELPHIA REGIONAL PORT AUTHORITY
Condensed Balance Sheet and Condensed Statement of Operations and Accumulated Deficit
[26 Pa.B. 5857]
Condensed Balance Sheet
Assets Current assets $ 4,713 Restricted assets 5,741 Fixed assets (net) 83,897 Other assets 1,458 Total assets $95,809 Liabilities and Fund Equity Current liabilities $ 4,560 Long-term liabilities 61,170 Total liabilities 65,730 Contributed capital 41,332 Accumulated deficit (11,253) Total fund equity 30,079 Total liabilities and fund equity $95,809
Condensed Statement of Operations and Accumulated Deficit
Year ended June 30, 1996
Operating revenues and grants $12,825 Operating expenses (7,930) Depreciation and amortization (6,400) Net interest income/(expense) (3,212) Net loss before change in accounting
(4,717) Cumulative effect of change in
5,911 Net Income 1,194 Add depreciation that reduces
3,122 Decrease in Accumulated Deficit 4,316 Accumulated deficit Beginning of year $15,569) End of year $(11,253)
JAMES T. MCDERMOTT,
[Pa.B. Doc. No. 96-2043. Filed for public inspection November 29, 1996, 9:00 a.m.]
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