Page 29 - 2018 Apple Annual Report
P. 29
CENTRALIZED SUPPLY CHAIN SERVICES, LLC
STATEMENTS OF MEMBERS’ EQUITY
Years ended December 31, 2018 and 2017
Apple Supply Pancake Supply
Chain Co-op, Inc. Chain Co-op, Inc. Total
Members’ equity at January 1, 2017 $ 1,233,055 $ 1,857,193 $ 3,090,248
Net earnings from 2017 1,522,452 1,926,023 3,448,475
Member distributions (1,999,963) (2,398,871) (4,398,834)
Members’ equity at December 31, 2017 755,544 1,384,345 2,139,889
Net earnings from 2018 1,519,532 1,112,820 2,632,352
Member distributions (1,197,085) (1,763,123) (2,960,208)
Members’ equity at December 31, 2018 $ 1,077,991 $ 734,042 $ 1,812,033
See accompanying notes to financial statements.
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