7077-R2_NewGloucester_2019_AnnualReport_Web

REPORT June 2019 2019 Fiscal Year

MONTHLY ACTIVITY REPORT June 2019 2019 Fiscal Year

MemberCommunities Auburn • Bowdoin • Buckfield • Lovell • Minot • Monmouth • NewGloucester • Poland Raymond • Sumner • Sweden • Wales

Furniture & Fixtures 0 48,335 TOTAL LONG-TERM LIABILITIES 0 0 TOTAL P, P & E (5,275) 42,417,524 TOTAL LIABILITIES: (28,869) 525,161

Cash (20,388) 394,088 Accounts Payable - Operations 10,142 45,099 Investments/Escrow 8,223 4,788,366 Surplus Reserve Member Payable 0 0 Accounts Receivable Net 75,319 516,604 Interest Receivable (4,727) 51,145 Accrued Expenses (39,011) 480,062 Purchase Power Receivable (7,341) 32,554 Inventory - Spare Parts (10,292) 445,778 Prepaid Expenses (13,979) 16,640

MemberCommunities Auburn • Bowdoin • Buckfield • Lovell • Minot • Monmouth • NewGloucester • Poland Raymond • Sumner • Sweden • Wales

TOTAL CURRENT ASSETS 26,815 6,245,175 TOTAL CURRENT LIABILITIES (28,869) 525,161 LONG-TERM ASSETS 0 0

Less Accumulated Depreciation (18,181) (38,466,563) FUND EQUITY: TOTAL NET P, P & E (23,456) 3,950,962 Contributed Capital 0 44,234,519 Retained Earnings 0 (34,299,586) OTHER ASSETS: Current Year Earnings 32,228 (263,958) 0 0

TOTAL ASSETS: 3,359 10,196,137 TOTAL LIABILITIES & EQUITY 3,359 10,196,137 Page 4

TOTAL FUND EQUITY 32,228 9,670,976

DESCRIPTION CHANGE CURRENT DESCRIPTION CHANGE CURRENT ASSETS: LIABILITIES:

CURRENT ASSETS: CURRENT LIABILITIES:

PROPERTY, PLANT & EQUIPMENT LONG-TERM LIABILITIES Land 0 2,705,534 Property, Plant & Equipment 0 38,935,217 Machinery & Equipment (5,275) 728,440

TABLE 4

TOTAL OTHER ASSETS 0 0

Maine Waste to Energy Balance Sheet June 30, 2019

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