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PA Bulletin, Doc. No. 14-2417

NOTICES

PHILADELPHIA REGIONAL PORT AUTHORITY

Condensed Statement of Revenues, Expenses and Changes in Fund Net Position

[44 Pa.B. 7333]
[Saturday, November 15, 2014]

June 30, 2014 and 2013

AUDITED

           Year to Date
           June 30, 2014
           Year to Date
           June 30, 2013
Total Revenues $ 10,448,791 $ 9,129,129
Total Operating Expenses$ 34,415,802 $ 34,361,680
Operating Gain (Loss) $ (23,967,011) $ (25,232,551)
____________
Net Nonoperating Revenues (Expenses) $ (2,556,788) $ 724,745
(Loss) Gain Before Capital Grants $ (26,523,799) $ (24,507,806)
____________
Capital Grants and Appropriations $ 54,129,640 $ 42,636,390
____________
Change in Fund Net Position $ 27,605,841 $ 18,128,584
____________
____________
Net Position, Beginning of Year, as
 Previously Reported
$ 387,522,918 $ 369,791,592
Cumulative Effect of Change in
 Accounting Principle
$ - $ (397,258)
____________
Net Position—Beginning of Year—
 Restated
$ 387,522,918 $ 369,394,334
____________
Net Position, End of Year, as Restated $ 415,128,759 $ 387,522,918
____________
____________

JAMES T. McDERMOTT, Jr., 
Executive Director

[Pa.B. Doc. No. 14-2417. Filed for public inspection November 14, 2014, 9:00 a.m.]



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