Phone: 903-846-2311 or 800-794-2919
Report an Outage: 877-707-2232
Report an Outage: 877-707-2232
BOWIE-CASS ELECTRIC COOPERATIVE, INC.
FINANCIAL STATEMENT
As of December 31, 2019
Utility Plant - $224,840,800
Construction Work in Progress - $10,615,731
Accumulated Depreciaton - $94,100,727
Net Value of Utility Plant - $141,355,804
Investments in Associated Organizations - $30,339,937
Investments in Capital Term Certificates - $1,402,241
Other Property and Investments -$31,742,178
Cash- General - $2,917,216
Accounts Receivable (Less Provision for Doubtful Accounts) - $6,638,851
Materials and Supplies (At Average Cost) - $1,214,700
Current Assets-Other Current and Accrued Assets - $272,943
Total Current Assets - $11,043,710
Deferred Charges - $26,373
Total Assets - $184,168,065
Electricity and Other Electric Revenue - $71,724,654
Non-Operating Income--Other - $1,563,785
Non-Operating Income--G&T and other Capital Credits - $952,893
TOTAL INCOME - $74,241,032
Cost of Purchased Power - $44,662,256
Operation and Maintenance - $15,114,243
Depreciation and Amortization - $7,134,046
Interest - $2,680,939
Other Deductions - $76,272
TOTAL EXPENSE - $69,667,756
NET MARGIN - $4,573,276
Equities & Margins-Patronage Capital - $107,243,925
Accumulated Other Comprehensive Income (Loss) - ($8,735,660)
Equities & Margins-Other (Deficit) - ($143,668)
Total Equities & Margins - $98,364,597
Long-Term Debt--CFC - $ 4,187,827
Long-Term Debt-FFB - $38,920,107
Long-term Debt--CoBank - $3,545,076
Total Long-term Debt Owed - $46,653,010
Other Non-Current Liabilities-Accumulated Provisions - $7,917,425
Other Non-Current Liabilities-Unfunded Pension Liability - $11,572,936
Total Other Non-Current Liabilities - $19,490,361
Current Liabilities- Accounts Payable - $4,842,254
Current Liabilities-Accumulated Provisions - $319,833
Current Liabillities-Notes Payable - 5,317,813
Current Liabilities-Consumer Deposits - $1,464,935
Current Liabilities-Taxes Accrued - $308,432
Current Liabilities-Patronage Capital Payable - $1,855,338
Current Liabilities-Other Current & Accrued - $2,152,338
Total Current Liabilities - $16,260,943
Deferred Credits - $3,399,154
Total Equities And Liabilities - $184,168,065