Page 247 - Aida Hovsepian Onboarding

CENTRALIZED SUPPLY CHAIN SERVICES, LLC
STATEMENTS OF MEMBERS’ EQUITY
Years ended December 31, 2017 and 2016

Apple Supply Pancake Supply
Chain Co-op, Inc. Chain Co-op, Inc. Total

Members’ equity at January 1, 2016 $ 1,172,355 $ 1,678,150 $ 2,850,505

Net earnings from 2016 2,504,854 2,541,830 5,046,684

Member distributions (2,444,154) (2,362,787) (4,806,941)

Members’ equity at December 31, 2016 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

See accompanying notes to financial statements.

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