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ASSETS <br />Current Assets: <br />Cash and investments <br />Accounts receivable <br />Inventories, water meters <br />Other assets <br />Total Current Assets <br />Property and Equipment, at Cost: <br />Buildings and structures <br />Machinery and equipment <br />Water and sewer lines <br />Less accumulated depreciation <br />Net Property and Equipment <br />Total Assets <br />LIABILITIES AND FUND EQUITY <br />SEWER AND WATER FUND <br />COMPARATIVE BALANCE SHEET <br />As of December 31, 1993 and 1992 <br />Fund Equity: <br />Contributed capital <br />Contributed capital reserved for future construction <br />Total Contributed Capital <br />Retained earnings (deficit) <br />Unreserved <br />Total Fund Equity <br />Total Liabilities and Fund Equity <br />CITY OF RAMSEY, MINNESOTA Exhibit F -4 <br />-73- <br />1993 1992 <br />$ 736,878 $ 355,639 <br />87,041 54,097 <br />57,037 38,804 <br />5,481 - <br />886,437 448,540 <br />748, 631 <br />216,876 <br />6,845,991 <br />7,811,498 <br />693,339 <br />7,118,159 <br />7,785,276 <br />271,976 <br />8,057,252 <br />(213,354) <br />7,843,898 <br />748, 631 <br />216,876 <br />4,758,052 <br />5,723,559 <br />530,770 <br />5,192,789 <br />$ 8,004,596 $ 5,641,329 <br />Liabilities: <br />Accounts payable $ 10,960 $ 10,146 <br />Due to other governmental units 69,395 14,405 <br />Deposits payable, water meters 80,343 48,402 <br />Total Liabilities 160,698 72,953 <br />5,697,338 <br />39,874 <br />5,737,212 <br />(168, 836) <br />5,568,376 <br />$ 8,004,596 $ 5,641,329 <br />