|
Consolidated
Balance Sheet
|
| |
|
| June
30, 1984 |
|
| ASSETS |
|
| Current
Assets |
|
| |
Cash
and cash equivalents |
$
|
728,000
|
| |
Accounts
and notes receivable |
236,000
|
|
-
|
|
|
| Total
Current Assets |
964,000
|
|
-
|
|
|
|
-
|
|
|
| |
Investment
in common stock of a bank (Notes 4 and 5) |
3,104,000
|
| |
Notes
Receivable |
853,000
|
| |
Property
hel for sale (Notes 4 and 6) |
1,367,000
|
| |
Property
and Equipment (Notes 4 and 7) |
1,410,000
|
| |
Resource
development costs (Notes 1 and 2) |
1,102,000
|
| |
Partial
value of interest in natural resources (Notes 2,3, and 8) |
10,935,000
|
| |
Other
Assets |
5,7000
|
| |
|
$19,972,000
|
| |
|
|
| |
|
|
| LIABILITIES |
|
| |
|
|
| Current
Liabilities |
|
| |
Current
portion of long-term debt (Note 4) |
$
|
317,000
|
| |
Long-term
portion in default (including $933,000 of accrued interest)
(notes 4 and 5) |
2,917,000
|
| |
Accounts
payable and accrued expenses |
494,000
|
| |
Allowance
for discontinued operations (Note 3) |
162,000
|
| |
|
|
| Total
Current Liabilities |
3,890,000
|
| |
|
|
| Long-term
Debt |
|
| |
Long-term
debt, less current portion (Note 4) |
3,071,000
|
| |
Due
to affiliated village corporations (Note 8) |
11,948,000
|
| |
|
|
| |
|
18,909,000
|
| |
|
|
| Capital |
|
| |
Capital
Stock (Note 10) |
51,225,000
|
| |
Contributed
Capital (Notes 1 and 2) |
(50,342,000)
|
| |
Accumulated
deficit |
883,000
|
| |
|
|
| |
|
$19,792,000
|
| |
|
|
| The
accompanying notes are a part of the consolidated financial statements. |
|
|
|
