|
January
1 - December 31, 2002
Balance
Sheet
| ASSETS |
$
Thousands
|
| Cash |
$6,469
|
| Cash
Reserves / Restricted |
4,136
|
| Receivables |
8,100
|
| Other
Receivables |
362
|
| Security
deposits & other Assets |
1,420
|
| Fixed
Assets |
29,449
|
| |
|
| Total
Assets |
$49,936
|
| LIABILITY
AND NET ASSETS |
|
| Accounts
Payable and accrued expenses |
$3,728
|
| Accrued
payroll and related liabilities |
920
|
| Due
to residents / tenants |
746
|
| Notes,
Advances |
5,200
|
| Reserve
for potential rate adjustment |
2,858
|
| Mortgage
Payable |
16,144
|
| |
|
| Total
Liabilities |
$29,596
|
| |
|
| Fund
Balance |
$20,340
|
| |
|
| Total
Liabilities and Fund Balance |
$49,936
|
Financial summary represents
a compilation of Promesa Systems and affiliates which have been individually
audited. |
