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ROHL NETWORKS LIMITED PARTNERSHIP
<br /> BALANCE SHEETS
<br /> (SEE INDEPENDENT ACCOUNTANT'S REVIEW REPORT)
<br /> OCTOBER 31,
<br /> ASSETS • 2013 2012
<br /> CURRENT ASSETS
<br /> Cash and cash equivalents $ 46,918 $ 200,537
<br /> Contracts receivable including retainage 3,852,576 4,959,752
<br /> • Costs and estimated earnings in excess of
<br /> billings on uncompleted contracts 96,717 118,105
<br /> Inventories 447,316 1,100,516
<br /> Prepaid expenses and other assets 23,674 38,212
<br /> TOTAL CURRENT ASSETS 4.467,201 6,417,122
<br /> PROPERTY AND EQUIPMENT, NET 329.154 295,500
<br /> OTHER ASSETS 25,907 19,282
<br /> TOTAL ASSETS $ 4,822,262 $ 6,731,904
<br /> LIABILITIES AND PARTNERS'CAPITAL
<br /> CURRENT LIABILITIES
<br /> Accounts payable and accrued expenses $ 3,283,235 S 3,397,866
<br /> Billings in excess of costs and estimated
<br /> earnings on uncompleted contracts 224,648 652,109
<br /> Due to partner - 118,060
<br /> Notes payable,current portion 72,500 54,342
<br /> TOTAL CURRENT LIABILITIES 3,580.383 4,222,377
<br /> DUE TO PARTNER 618,060
<br /> • NOTES PAYABLE, LESS CURRENT PORTION 192,995 195,799
<br /> TOTAL LIABILITIES 4,391,438 4,418,176
<br /> COMMITMENTS AND CONTINGENCIES(NOTE 8)
<br /> PARTNERS'CAPITAL 430,824 2,313,728
<br /> TOTAL-LIABILITIES AND PARTNERS'CAPITAL $ 4,822,262 $ 6,731,904
<br /> The accompanying notes are an integral part of these financial statements.
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