OCTOBER 18, 2018 - BOARD BOOK

Frenchman's Creek Inc. Statement of Financial Position, September 2018 (cont) LIABILITIES & CAPITAL

At 09/30/2018

At 09/30/2017

PAYABLES Accounts Payable

867,357 617,240 1,449,298

1,131,902 469,353 1,661,327

A/P Other

Bank of America Loan TOTAL PAYABLES ACCRUED EXPENSES Accrued Payroll

2,933,895

3,262,581

325,598 496,748 2,619,075

344,897 455,191 2,389,049

Accrued Vacation

Accrued Expenses & Other Liabilities TOTAL ACCRUED EXPENSES

3,441,422

3,189,138

RESERVES Infrastructure

777,539 105,645 112,743 393,919

622,800 132,375 167,063 369,861

Capital Reserves Painting Reserves Waterfront Reserves TOTAL RESERVES OTHER LIABILITIES Deferred Income

1,389,846

1,292,099

10,109,613

9,462,110

TOTAL OTHER LIABILITIES

10,109,613

9,462,110

TOTAL LIABILITIES

17,874,775 17,874,775

17,205,929 17,205,929

CONTRIBUTED CAPITAL Membership Equity

104,042,966 (61,348,496)

99,739,636 (57,065,800)

Retained Earnings TOTAL CAPITAL

42,694,470

42,673,836

TOTAL LIABILITIES & CAPITAL

60,569,245 60,569,245

59,879,765 59,879,765

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