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PA Bulletin, Doc. No. 98-148

NOTICES

PHILADELPHIA REGIONAL PORT AUTHORITY

Condensed Balance Sheet and Condensed Statement of Operations and Accumulated Deficit

[28 Pa.B. 440]

Condensed Balance Sheet
30-Jun-97
(Unaudited)
(In Thousands)

Assets
Current assets   5,842
Restricted assets   5,759
Fixed assets (net) 82,591
Other assets   1,398
   Total assets 95,590
Liabilities and Fund Equity
Current liabilities   5,564
Long-term liabilities 59,604
   Total liabilities 65,168
Contributed capital 42,994
Accumulated deficit (12,572)
   Total fund equity 30,422
   Total liabilities and fund equity 95,590

Condensed Statement of Operations and Accumulated Deficit
Year ended June 30, 1997
(Unaudited)
(In Thousands)

Operating revenues and grants 13,060
Operating expenses   (8,079)
Depreciation and amortization   (3,199)
Net interest income/(expense)   (3,101)
Net loss   (1,319)
Accumulated deficit, beginning of year (11,253)
Accumulated deficit, ending of year (12,572)

JAMES T. MCDERMOTT,   
Executive Director

[Pa.B. Doc. No. 98-148. Filed for public inspection January 23, 1998, 9:00 a.m.]



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