HomeMy Public PortalAboutDec Segmented Income Statement_0SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
December 2016 December 2016 December 2016
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 166,142,371$ (5,853)$ 166,136,518$
Recovery of (provision for) doubtful sewer service charge (1,127,596) 12,730 (1,114,866)
Licenses, permits, and other fees 1,954,120 - 1,954,120
Other 627,890 3,258 631,148
Total operating revenues 167,596,785 10,135 167,606,920
Operating Expenses:
Pumping and treatment 30,382,380 - 30,382,380
Collection system maintenance 16,995,525 4,866,674 21,862,199
Engineering 2,477,982 3,209,125 5,687,107
General and administrative 27,375,706 120,924 27,496,630
Water backup claims 2,370,067 - 2,370,067
Depreciation 35,184,070 5,318,565 40,502,635
Asset Management 8,036,230 171,588 8,207,818
Total operating expenses 122,821,960 13,686,876 136,508,836
Operating Income 44,774,825$ (13,676,741)$ 31,098,084$
Nonoperating Revenues:
Property taxes levied by the District (10,754)$ 30,510,777$ 30,500,023$
Investment income 428,974 120,903 549,877
Rent and other income 51,752 - 51,752
Total nonoperating revenues 469,972 30,631,680 31,101,652
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 419,807 (10,349) 409,458
Non-recurring projects and studies 3,090,649 706,373 3,797,022
Interest expense 15,699,814 - 15,699,814
Total non-operating expenses 19,210,270 696,024 19,906,294
Income before Capital Contributions 26,034,527$ 16,258,915$ 42,293,442$
Capital Contributions:
Utility plant contributed 1,334,969$ 1,524,675$ 2,859,644$
Grant revenue 147,457 - 147,457
Total capital contributions 1,482,426 1,524,675 3,007,101
Change in Net Position 27,516,953$ 17,783,590$ 45,300,543$
Net Position-Beginning of Year 1,776,527,568$ 550,529,545$ 2,327,057,113$
Net Position-End of Year 1,804,044,521$ 568,313,135$ 2,372,357,656$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
December 2016
(UNAUDITED)