Phone: 903-846-2311 or 800-794-2919
Report an Outage: 877-707-2232
BOWIE-CASS ELECTRIC COOPERATIVE, INC.
FINANCIAL STATEMENT
As of December 31, 2016
Utility Plant - $215,352,058
Accumulated Depreciaton - 75,759,894
Net Value of Utility Plant - $139,592,164
Other Property and Investments - $30,137,965
Current Assets-Cash- General - 2,292,419
Current Assets-Temporary Investments - 0
Current Assets-Accounts Receivable (Less Provision for Doubtful Accounts) - 7,726,534
Current Assets-Other Receivables - 147,845
Current Assets-Materials and Supplies (At Average Cost) - 1,132,061
Current Assets-Other Current and Accrued Assets - 233,314
Total Current Assets - $11,532,173
Deferred Charges - $534,331
Total Assets - $181,796,633
Electricity and Other Electric Revenue - $71,858,045 (95.94%)
Non-Operating Income--Other - 2,030,202 (2.71%)
Non-Operating Income--Patronage Capital - 1,008,563 (1.35%)
TOTAL INCOME - $74,896,810 (100.000%)
Cost of Purchased Power - $46,536,536 (65.04%)
Operation and Maintenance - 15,189,945 (21.23%)
Depreciation and Amortization - 6,624,790 (9.23%)
Interest - 3,107,514 (4.34%)
Other Deductions - 91,278 (0.13%)
TOTAL EXPENSE - $71,550,063 (95.53%)
NET MARGIN - $3,346,747(4.47%)
Equities & Margins-Memberships - 128,370
Equities & Margins-Patronage Capital - 96,112,695
Equities & Margins-Other (Deficit) - (12,420,534)
Total Equities & Margins - $83,820,531
Long-Term Debt--CFC - $ 5,066,219
Long-Term Debt-FFB and RUS - 44,360,221
Long-term Debt--CoBank - 8,736,046
Total Long-term Debt Owed - $58,162,486
Other Non-Current Liabilities-Accumulated Provisions - 12,677,100
Other Non-Current Liabilities-Unfunded Pension Liability - 11,372,066
Total Other Non-Current Liabilities - $24,049,166
Current Liabilities- Accounts Payable - 5,354,446
Current Liabilities-Accumulated Provisions - 365,200
Current Liabillities-Notes Payable - 5,288,725
Current Liabilities-Consumer Deposits - 1,562,710
Current Liabilities-Taxws Accrued - 321,883
Current Liabilities-Patronage Capital Payable - 1,241,736
Current Liabilities-Other Current & Accrued - 1,423,076
Total Current Liabilities - $15,557,776
Deferred Credits - $206,674
Total Equities And Liabilities - $181,796,633