8646-R1_NewGloucester_2022-2023_AnnualReport_Web

TABLE 6 Maine Waste to Energy Income Statement with Prior Year Comparison

As of 6/30/2023

CURRENT MONTH

YEAR-TO-DATE

PRIOR % ACTUAL

% VARIANCE %

PRIOR % ACTUAL

% VARIANCE

Cash (352,909) 540,498 Accounts Payable - Operations (5,488) 63,560 Investments/Escrow 516,187 3,530,637 Surplus Reserve Member Payable 0 0 Accounts Receivable Net 26,717 708,470 Interest Receivable 0 72,455 Accrued Expenses 16,446 571,744 Purchase Power Receivable (3,699) (183,506) Inventory - Spare Parts (8,351) 570,705 Prepaid Expenses (19,988) 17,335 1.5% (3,051) 5.9% (1,643) 0.2% 708 0.2% 87 0.1% 888 0 0.0% (103) 1.9% (177) 1.5% 38 0.0% 0 2.3% 620 0.5% (27,120) 0.1% (1,950) 0.0% (316) 0.4% (3,514) 0.2% (1,404) 0.2% 526 0.2% (1,618) 0.0% 0 9.5% (34,784) 0 72,101 0 0 0 71,378 Page 8 CURRENT ASSETS: CURRENT LIABILITIES:

TOTAL CURRENT ASSETS 157,957 5,256,593 TOTAL CURRENT LIABILITIES 10,958 635,304 LONG-TERM ASSETS 0 0 (18.4%) (3.0%) 81.6% 0.0% (100.0%) (1.0%) 0.0% (85.6%) (71.4%) (64.4%) (46.7%) (41.9%) (46.7%) 0.0% (28.6%) 0.0% 0.0% 0.0% 0.0% (17.2%) Cash (352,909) 540,498 Accounts Payable - Operations (5,488) 63,560 Investments/Escrow 516,187 3,530,637 Surplus Reserve Member Payable 0 0 Accounts Receivable Net 26,717 708,470 Interest Receivable 0 72,455 Accrued Expenses 16,446 571,744 Purchase Power Receivable (3,699) (183,506) Inventory - Spare Parts (8,351) 570,705 Prepaid Expenses (19,988) 17,335 0.5% 3,652 285.5% 0.2% 1,462 232.4% 38,067 0.1% 562 401.4% 2.0% 10,789 152.3% 197,509 0.5% 2,917 140.7% 39,611

Expenses:

217,187 26.9% 179,773 19.7% (37,415)

2,381,412 25.4% 2,489,607 23.6% 108,195

PROPERTY, PLANT & EQUIPMENT NON-CURRENT LIABILITIES Land 0 2,615,534 Deferred Inflows - OPEB 0 25,102 Property, Plant & Equipment 0 38,892,564 OPEB Liability 0 239,731 Machinery & Equipment 0 720,028 179,134 543,385 9,247 4,934 18,898 995 525 0.0% 194,508 0.3% 160,125 392 3.1% 247,209 109,234 16,556 4,002 5,378 42,973 107,135 39.2% 32,800 20,849 0 0.0% 0 0.0% (178,089) 0 0.0% 0 0.0% 0 0.0% (392,469) TOTAL CURRENT ASSETS 157,957 5,256,593 TOTAL CURRENT LIABILITIES 10,958 635,304 LONG-TERM ASSETS 0 0

Furniture & Fixtures 0 48,335 TOTAL NON-CURRENT LIABILITIES 0 264,833 TOTAL P, P & E 0 42,276,460 TOTAL LIABILITIES: 10,958 900,137 1.9% 187,764 5.8% 542,530 0.1% 21,611 0.1% 10,135 0.2% 17,640 0.0% 1,266 87 2.1% 214,683 1.7% 257,787 0.0% 205 2.6% 245,635 0.4% 83,879 1.2% 163,088 0.2% 24,331 0.0% 9,913 0.1% 5,740 0.5% 51,922 2.1% 210,686 0.4% 51,875 1.1% 97,954 0.3% 59,627 0.2% 62,831 0 0 (67,251) 0 0 0 (288,288) PROPERTY, PLANT & EQUIPMENT NON-CURRENT LIABILITIES Land 0 2,615,534 Deferred Inflows - OPEB 0 25,102 Property, Plant & Equipment 0 38,892,564 OPEB Liability 0 239,731 Machinery & Equipment 0 720,028

16,600 55,178 1,279

2.1% 13,548 6.8% 53,536 0.2% 4,931 0.1% 1,576 0.2% 1,677 0.0% 888

1.8% 8,630 5.1% (855) 0.2% 12,364 0.1% 5,201 0.2% (1,258)

Less Accumulated Depreciation (18,588) (38,786,994) FUND EQUITY: TOTAL NET P, P & E (18,588) 3,489,466 Contributed Capital 0 44,234,519 Retained Earnings 0 (36,045,677) OTHER ASSETS: Current Year Earnings 40,268 (288,288) Furniture & Fixtures 0 48,335 TOTAL NON-CURRENT LIABILITIES 0 264,833 TOTAL P, P & E 0 42,276,460 TOTAL LIABILITIES: 10,958 900,137

ining

868

Deferred Outflows - OPEB 0 54,631 TOTAL FUND EQUITY 40,268 7,900,554 0.0% 0.0% 0.0% 0.0% 0.0% Less Accumulated Depreciation (18,588) (38,786,994) FUND EQUITY: TOTAL NET P, P & E (18,588) 3,489,466 Contributed Capital 0 44,234,519 Retained Earnings 0 (36,045,677) OTHER ASSETS: Current Year Earnings 40,268 (288,288)

ns

1,590

e

0

TOTAL OTHER ASSETS 0 54,631 104,181 TOTAL ASSETS: 139,369 8,800,691 TOTAL LIABILITIES & EQUITY 139,369 8,800,691 Page 4 0.0% 271 0.0% (437) 2.0% 20,175 2.4% 97,662 0.0% (187) 2.3% (1,574) 0.8% 45,812 1.5% 53,854 0.2% 7,775 0.1% 5,912 0.1% 362 0.5% 8,949 2.0% 13,177 0.5% 12,264 0.9% (9,182) 0.6% 26,828 0.6% 41,982 0 0 110,838 0 0 0 Deferred Outflows - OPEB 0 54,631 TOTAL FUND EQUITY 40,268 7,900,554 TOTAL OTHER ASSETS 0 54,631

TOTAL ASSETS: 139,369 8,800,691 TOTAL LIABILITIES & EQUITY 139,369 8,800,691

103

0.0%

17,654 13,187

DESCRIPTION CHANGE CURRENT DESCRIPTION CHANGE CURRENT ASSETS: LIABILITIES: 2.2% 17,477 1.6% 13,225 0.0% 0 2.5% 20,820 0.1% 2,091 3.9% 4,548 0.3% 781 0.0% 702 0.1% 174 0.9% 4,018 0.9% 17,875 0.3% 4,990 0.4% 1,944 0.2% 1,867 0.4% 1,847 0.0% 0 0.0% 0 58,856 0.0% 0 0.0% 0 0.0% 0 40,268 Maine Waste to Energy Balance Sheet As of 6/30/2023 0 0 0 0 0 0

CURRENT ASSETS: CURRENT LIABILITIES: 0.0% 0.0% 0.0% 0.0% DESCRIPTION CHANGE CURRENT DESCRIPTION CHANGE CURRENT ASSETS: LIABILITIES:

20,200

l Compliance

629

ces

31,669 2,731

s

ty

140 490

g

sportation

280,373 34.8% 475,639 52.2% 195,266

69.6% 3,136,093 33.4% 3,603,578 34.2% 467,485

7,532 7,086 2,073 3,348 1,341 3,465

es

ables

ent

tenance

ance

121,621 15.1% 86,837

1,890,158 20.1% 2,133,872 20.2% 243,714

ng Expenses

806,343 100.0% 910,763 100.0% 104,420

12.9% 9,381,127 100.0% 10,548,246 100.0% 1,167,119

TABLE 4

(13,245) TABLE 4

ns

Maine Waste to Energy Balance Sheet As of 6/30/2023

XPENSES:

17,865 100.0% 18,588 100.0% 723

4.0% 214,380 100.0% 221,037 100.0% 6,657

sh Expenses

17,865 100.0% 18,588 100.0% 723

4.0% 214,380 100.0% 221,037 100.0% 6,657

ent Benefit

(Gain) Loss

ss)

(31,110)

39