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KIMLEY‐HORN AND ASSOCIATES, INC.
<br />BALANCE SHEETS
<br />
<br />
<br />DECEMBER 31, 2016 AND 2015
<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 />2016 2015
<br />ASSETS
<br />Current Assets:
<br />Cash and cash equivalents 36,772,926$ 56,140,125$
<br />Marketable securities, held to maturity 59,442,886 10,000,000
<br />Receivable from affiliates 2,815,088 1,895,143
<br />Accounts receivable – trade, net 161,187,466 149,211,146
<br />Costs and estimated earnings in excess
<br />of billings on uncompleted contracts 16,129,772 12,883,726
<br />Accounts receivable – other 1,461,488 928,507
<br />Notes receivable, net, current 233,635 174,955
<br />Deposits, current 379,197 648,406
<br />Prepaid expenses, current 16,940,180 12,642,623
<br />Income taxes receivable - 1,569,332
<br />Deferred tax assets 484,828 -
<br />Total Current Assets 295,847,466 246,093,963
<br />Properties and Equipment:
<br />Vehicles 258,867 258,867
<br />Office furniture and equipment 55,018,490 49,351,719
<br />Buildings and leasehold improvements 25,949,963 26,289,162
<br />81,227,320 75,899,748
<br />Less accumulated depreciation (49,734,029) (45,637,764)
<br />Net depreciable properties and equipment 31,493,291 30,261,984
<br />Land 6,146,776 6,146,776
<br />Total Properties and Equipment, Net 37,640,067 36,408,760
<br />Other Assets:
<br />Notes receivable due after one year, net 463,862 511,466
<br />Deposits, non-current 852,757 335,436
<br />Prepaid expenses, non-current 4,137,314 940,264
<br />Goodwill, net 268,125 -
<br />Other 685,761 638,248
<br />Total Other Assets 6,407,819 2,425,414
<br />Total Assets 339,895,352$ 284,928,137$
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