Page 11 - Endeavor Annual Report_2019

ASSETS
Current Assets
Cash and cash equivalents Accounts receivable, net Income taxes receivable Materials and supplies Other current assets TOTAL CURRENT ASSETS
Investments and Noncurrent Assets
Certificates of deposit
Investment - Indiana Fiber Network, LLC
Investment - Indiana Video Network, LLC
Other Investments
Deferred Income Taxes
Goodwill
TOTAL INVESTMENTS AND NONCURRENT ASSETS
Property, Plant & Equipment
In service
Under construction
TOTAL INVESTMENT IN PLANT Less accumulated depreciation Net plant
TOTAL ASSETS
LIABILITIES AND EQUITIES Current Liabilities
Current portion of long-term debt
Accounts payable
Patronage capital credits payable Accrued taxes other than income taxes Customer deposits
Deferred revenue
Other current liabilities
TOTAL CURRENT LIABILITIES
Noncurrent Liabilities
Long-term debt, less current portion Deferred revenue
TOTAL NONCURRENT LIABILITIES
Equities
Patronage capital Other equities TOTAL EQUITIES
CONSOLIDATED STATEMENTS OF OPERATIONS
Operating Revenues
Local network Network access Internet
Video
Other nonregulated
Miscellaneous
TOTAL OPERATING REVENUES
Operating Expenses
Plant specific operations Plant nonspecific operations Video programming Customer operations Coporate operations Depreciation
Operating Taxes
TOTAL OPERATING EXPENSES NET OPERATING MARGIN
Other Income (Loss)
Investment Income
Gain on disposal of assets Amortization
Interest expense
Other nonoperating
OTHER TOTAL INCOME (LOSS)
NET MARGIN BEFORE INCOME TAXES INCOME TAX BENEFIT
NET MARGIN
2019
$ 8,656,210 2,067,077 18,594 1,401,446 723,154
$ 12,866,481
$ 100,000 1,368,171 143,950 415,510 33,451 65,084
$ 2,126,166
$ 107,912,900 1,157,794
$ 109,070,694 (49,094,266) 59,976,428
$ 74,969,075
$ 1,093,168 938,721 465,167 860,629 134,968 115,517 865,115
$ 4,473,285
$ 603,010 112,091
$ 715,101
$ 44,748.093 25,032,596
$ 69,780,689 $ 74,969,075
2018
$ 7,824,935
2019
$ 2,031,271
2018
$ 2,092,878
11,810,544
11,973,799
6,001,009
5,634,551
3,403,422
3,524,020
3,381,484
1,929,053
287,606
276,855
$ 26,915,336
$5,477,468
$ 25,431,156
$ 5,320,553
2,063,081
1,942,521
3,070,461
3,026,226
2,204,385
2,403,871
2,381,103
2,227,667
6,270,243
5,825,643
675,985
709,019
$ 22,142,726
$ 21,455,500
$ 4,772,610
$ 3,975,656
$ 281,068
$ 231,049
382,786
--
(5,277)
--
(194,717)
185,237
(31,757)
(50,366)
$ 423,103 $ 5,204,713
($ 4,554) $ 3,971,102
($ 13,002)
--
$ 5,217,715
$ 3,971,102
1,804,031
21,870
1,475,146
241,112
$ 11,367,094
$ 100,000
1,368,171
111,155
285,753
--
--
$ 1,865,079
$ 99,711,756
3,620,486
$ 103,332,242
(46,644,613)
56,687,629
$ 69,919,802
$ 655,182
1,094,199
438,198
898,514
74,410
9,858
645,634
$ 3,815,995
--
18,550
$ 18,550
$ 43,015,187
23,070,070
$ 66,085,257
$ 69,919,802
2019 ANNUAL REPORT
11