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OLKAWAHA FARMS, INC. <br /> BALANCE SHEET <br /> DECEMBER 31, 2002 <br /> ASSETS <br /> CURRENT ASSETS : <br /> . Cash $ 1 , 898 , 203 <br /> Accounts receivable 181 , 151 <br /> Interest receivable 76, 875 <br /> Marketable securities (Note 3 ) 3 466 693 <br /> Costs and estimated earnings in excess <br /> of billings on uncompleted contracts (Note 4) 202402 <br /> Prepaid expenses 264809 <br /> Total current assets 5, 670, 133 <br /> 4 PROPERTY AND EQUIPMENT (Note 5 ) 10, 679, 562 <br /> NOTES RECEIVABLE (Note 6) 675 . 000 <br /> 17. 024 . 695 <br /> z ;- <br /> �1 - <br /> �` r � : LIABILITIES AND SHAREHOLDERS ' EQUITY <br /> Y•fy ,y. _. , <br /> `, CURRENT LIABILITIES : <br /> Accounts payable $ 402481 <br /> J 4 Np Y <br /> ed interest payable 90 000 <br /> '� z <br /> gages <br /> payable — short-term (Note 8 ) 102280 <br /> zM , , <br /> Notes payable - equipment (Note 9) 222 968 <br /> areholder notes payable (Note 10) 2 , 500 , 000 <br /> mss, > 1 Total current liabilities 2, 955, 729 <br /> , <br /> ,f ; aQNCi-TERM LIABILITIES : <br /> sMortgages payable — long term (Note 8) 6, 633 , 646 <br /> n 1?lo es payable - equipment (Note 9) 1364720 <br /> Total long term liabilities 6. 770, 366 <br /> K r <br /> M . <br /> SHAREHOLDERS ' EQUITY: <br /> Common stock, $ 1 par value, 6, 000 shares authorized, 3 , 333 <br /> issued and outstanding 3 , 333 <br /> Additional paid-in capital 2 , 800, 587 <br /> Unrealized gain on marketable securities 2, 821 , 580 <br /> Retained earnings 1 , 673 , 100 <br /> � . <br /> Total shareholders' equity 7429800 <br /> r <br /> $ 17 . 024 . 695 <br /> "f See Accountants' Review Report and accompanying notes to Financial Statements <br /> t <br /> 4 <br />