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ERNEST ENERGY, INC. AND SUBSIDIARIES
<br />SUPPLEMENTARY INFORMATION
<br />CONSOLIDATING BALANCE SHEET
<br />DECEMBER 31, 2022
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<br />See independent accountants’ compilation report.
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<br />Ernest Electrik
<br />Consolidated Eliminations Energy, Inc.Pros, LLC HMO Energy, Inc.
<br />CURRENT ASSETS:
<br />Cash 1,364,975$ -$ -$ 303,167$ 1,061,808$
<br />Contract receivables 343,194 - - 343,194 -
<br />Intercompany receivables - (1,089,408) - - 1,089,408
<br />Investment in subsidiary - (1,400,900) 900 - 1,400,000
<br />Other current assets 24,308 - - 7,648 16,660
<br />Total Current Assets 1,732,477 (2,490,308) 900 654,009 3,567,876
<br />PROPERTY AND EQUIPMENT, NET 41,577 - - 41,577 -
<br />OTHER ASSETS:
<br />Goodwill, net 787,700 - - 787,700 -
<br />Other intangible assets, net 248,846 - - 248,846 -
<br />Deferred tax asset 241,080 - - - 241,080
<br />Total Other Assets 1,277,626 - - 1,036,546 241,080
<br />TOTAL ASSETS 3,051,680$ (2,490,308)$ 900$ 1,732,132$ 3,808,956$
<br />ASSETS
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