|
KAST CONSTRUCTION COMPANY LLC AND SUBSIDIARY
<br />SUPPLEMENTARY INFORMATION
<br />CONSOLIDATING BALANCE SHEET
<br />December 31, 2013
<br />KAST
<br />CONSTRUCTION
<br />COMPANY LLC
<br />KAST
<br />CONSTRUCTION
<br />III LLC
<br />ELIMINATIONS
<br />AND
<br />ADJUSTMENTS CONSOLIDATED
<br />ASSETS
<br />Current Assets
<br />Cash
<br />Contracts receivable, less allowance for doubtful
<br />accounts of $100,000 (Note 5)
<br />Prepaid expenses
<br />Other receivables
<br />Note receivable - member (Note 10)
<br />Costs and estimated earnings in excess of
<br />billings on uncompleted contracts (Note 6)
<br />Total Current Assets
<br />Investment in Subsdiary
<br />Due from Parent
<br />Property and Equipment - Net (Note 7)
<br />Other Assets
<br />Note receivable - member (Note 10)
<br />TOTAL ASSETS
<br />$ 4,697,421
<br />20,683,643
<br />41,235
<br />438,967
<br />16,876
<br />106,586
<br />25,984,728
<br />6,901,463
<br />$ 2,450,356 $
<br />334,538
<br />67,721
<br />$ 33,288,450
<br />2,450,356
<br />4,451,107
<br />$ 6,901,463
<br />(6,901,463)
<br />(4,451,107)
<br />$ 7,147,777
<br />20,683,643
<br />41,235
<br />438,967
<br />16,876
<br />106,586
<br />28,435,084
<br />334,538
<br />67,721
<br />$ (11,352,570) $ 28,837,343
<br />LIABILITIES AND MEMBERS' CAPITAL
<br />Current Liabilities
<br />Accounts payable - trade (Note E)
<br />Accrued expenses
<br />Due to subsidiary
<br />Billings in excess of costs and estimated
<br />earnings on uncompleted contracts (Note 6)
<br />Total Current Liabilities
<br />Members' Capital
<br />TOTAL LIABILITIES AND MEMBERS' CAPITAL
<br />$ 20,177,673 $
<br />1,022,957
<br />4,451,107
<br />3,731,193
<br />29,382,930
<br />(4,451,107)
<br />3,905,520
<br />$ 33,288,450 $
<br />(4,451,107)
<br />6,901,463 (6,901,463)
<br />6,901,463 $ (11,352,570)
<br />$ 20,177,673
<br />1,022,957
<br />3,731,193
<br />24,931,823
<br />3,905,520
<br />$ 28,837,343
<br />20
<br />
|