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, 2018
Utility Plant - $219,792,634
Construction Work in Progress - $5,972,625
Accumulated Depreciaton - $88,000,729
Net Value of Utility Plant - $137,764,530
Investments in Associated Organizations - $29,803,604
Investments in Capital Term Certificates - $1,402,241
Other Property and Investments -$31,205,845
Cash- General - $2,684,104
Accounts Receivable (Less Provision for Doubtful Accounts) - $8,488,189
Materials and Supplies (At Average Cost) - $1,292,350
Current Assets-Other Current and Accrued Assets - $273,861
Total Current Assets - $12,738,504
Deferred Charges - $511,200
Total Assets - $182,220,079
Electricity and Other Electric Revenue - $77,854,982
Non-Operating Income--Other - $1,671,749
Non-Operating Income--G&T and other Capital Credits - $967,877
TOTAL INCOME - $80,494,608
Cost of Purchased Power - $50,060,979
Operation and Maintenance - $14,751,278
Depreciation and Amortization - $6,974,293
Interest - $2,906,827
Other Deductions - $59,820
TOTAL EXPENSE - $74,753,197
NET MARGIN - $5,741,411
Equities & Margins-Patronage Capital - $104,120,080
Accumulated Other Comprehensive Income (Loss) - ($5,213,766)
Equities & Margins-Other (Deficit) - ($143,668)
Total Equities & Margins - $98,762,646
Long-Term Debt--CFC - $ 4,489,926
Long-Term Debt-FFB - $41,302,963
Long-term Debt--CoBank - $5,327,775
Total Long-term Debt Owed - $51,120,664
Other Non-Current Liabilities-Accumulated Provisions - $6,207,835
Other Non-Current Liabilities-Unfunded Pension Liability - $9,668,285
Total Other Non-Current Liabilities - $15,876,120
Current Liabilities- Accounts Payable - $5,365,849
Current Liabilities-Accumulated Provisions - $224,152
Current Liabillities-Notes Payable - 5,286,094
Current Liabilities-Consumer Deposits - $1,434,966
Current Liabilities-Taxes Accrued - $302,410
Current Liabilities-Patronage Capital Payable - $1,724,147
Current Liabilities-Other Current & Accrued - $1,942,621
Total Current Liabilities - $16,280,239
Deferred Credits - $180,410
Total Equities And Liabilities - $182,220,079