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KIMLEY‐HORN AND ASSOCIATES, INC.
<br />BALANCE SHEETS
<br />
<br />DECEMBER 31, 2017 AND 2016
<br />(SEE INDEPENDENT ACCOUNTANT’S REVIEW REPORT)
<br />
<br />
<br />The accompanying notes to the financial statements are an integral part of these statements. 2
<br />2017 2016
<br />ASSETS
<br />Current Assets:
<br />Cash and cash equivalents 25,159,593$ 36,772,926$
<br />Marketable securities, held to maturity, current 29,598,295 59,442,886
<br />Receivable from affiliates 4,893,137 2,815,088
<br />Accounts receivable – trade, net 182,272,964 161,187,466
<br />Costs and estimated earnings in excess
<br />of billings on uncompleted contracts 19,556,200 16,129,772
<br />Accounts receivable – other 2,104,120 1,461,488
<br />Notes receivable, net, current 117,562 233,635
<br />Deposits, current 223,182 379,197
<br />Prepaid expenses, current 17,865,759 16,940,180
<br />Income taxes receivable 7,605,161 -
<br />Deferred tax assets - 484,828
<br />Total Current Assets 289,395,973 295,847,466
<br />Properties and Equipment:
<br />Vehicles 237,067 258,867
<br />Office furniture and equipment 59,101,871 55,018,490
<br />Buildings and leasehold improvements 30,003,286 25,949,963
<br />89,342,224 81,227,320
<br />Less accumulated depreciation (51,253,450) (49,734,029)
<br />Net depreciable properties and equipment 38,088,774 31,493,291
<br />Land 6,146,776 6,146,776
<br />Total Properties and Equipment, Net 44,235,550 37,640,067
<br />Other Assets:
<br />Marketable securities, held to maturity, noncurrent 39,805,620 -
<br />Notes receivable due after one year, net 571,918 463,862
<br />Deposits, noncurrent 743,332 852,757
<br />Prepaid expenses, noncurrent 1,990,402 4,137,314
<br />Goodwill, net 292,417 268,125
<br />Other 1,635,307 685,761
<br />Total Other Assets 45,038,996 6,407,819
<br />Total Assets 378,670,519$ 339,895,352$
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