Page 35 - Apple Supply Chain Co-op Inc. 2016 Annual Report.
P. 35
CENTRALIZED SUPPLY CHAIN SERVICES, LLC
STATEMENTS OF MEMBERS’ EQUITY
Years ended December 31, 2016 and 2015
Apple Supply Pancake Supply
Chain Co-op, Inc. Chain Co-op, Inc. Total
Members’ equity at January 1, 2015 $ 1,252,619 $ 1,364,966 $ 2,617,585
Net earnings from 2015 2,394,189 2,372,521 4,766,710
Member distributions (2,474,453) (2,059,337) (4,533,790)
Members’ equity at December 31, 2015 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
See accompanying notes to financial statements.
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