Page 39 - 2018 Apple Annual Report
P. 39
APPLE SUPPLY CHAIN CO-OP, INC.
BALANCE SHEETS
December 31, 2018 and 2017
2018 2017
ASSETS
Current assets
Cash and cash equivalents $ 5,602 $ 3,041
Member notes receivable - 2,425
Income tax receivable - 7,292
Total current assets 5,602 12,758
Investment at equity (Note 2) 1,077,991 755,544
Total assets $ 1,083,593 $ 768,302
LIABILITIES AND MEMBERS’ EQUITY
Current liabilities
Accrued income taxes $ 13,946 $ -
Total current liabilities 13,946 -
Members’ equity (Note 1) 1,069,647 768,302
Total liabilities and members’ equity $ 1,083,593 $ 768,302
See accompanying notes to financial statements.
2.
