Balance Sheet
2016 2015
Current Assets
Cash 23,047,115 13,369,337
Receivables 6,900,122 10,441,837
Inventory 23,307,346 34,088,821
Prepaid Expenses 2,957,753 6,167,646
Deferred Tax Asset 153,068 166,384
Total Current Assets 56,569,755 64,944,402
Non-Current Assets
land 8,257,699 8,222,498
Property Plant and Equipment 111,648,529 108,275,499
Accumulated Depreciation (60,538,441) (54,793,748)
Net Property Plant and Equipment 51,110,088 53,481,751
Investment in Cooperatives 14,425,588 13,938,756
Total Non-Current Assets 73,793,375 75,643,005
Total Assets 130,363,130 140,587,407
2016 2015
Current Liabilities
Accoounts Payable 29,034,680 33,927,221
Curren t Portion of Long Term Debt 3,296,379 3,429,202
Notes Payable 9,794,665 10,259,170
Accrued Expenses 3,369,112 2,506,119
Patronage Refunds Payable 556,940 1,124,461
Total Current Liabilities 46,051,776 51,246,173
Long Term Liabilities
Notes Payable 11,053,637 18,212,231
Members Equity
Membership Stock 4,961,411 1,982,883
Qualified Revolving Equity 20,100,202 21,297,892
Non-qualified Revolving Equity 20,000,000 23,703,808
Unallocated Equity 28,196,104 24,144,420
Total Member Equity 73,257,717 71,129,003
Total Liabilities and Equity 130,363,130 140,587,407