BALANCE SHEET - PWHOA (06/30/03)
ASSETS:
Operating Assets - General
Checking-Bank Atlantic						7,532.16
Savings - Bank Atlantic						129,864.20
Checking - Union Bank						16,825.69
Money Market - SouthTrust						3,621.87
Total Operating Assets - General								157,843.92
Operating Assets - Cable
Cable Account - Washington Mutual						2,111.43
Cable Account - Regent Bank						103,062.73
Total Operating Assets - Cable								105,174.16
Other Assets
Accounts Receivable						2,558.37
Bulk Cable Receivables						78,413.43
Prepaid Insurance						21,523.69
Total Other Assets								102,495.49
TOTAL ASSETS									$365,513.57
LIABILITIES & EQUITY:
Operating Liabilities
Accounts Payable						3,283.86
Prepaid Assessments						370.91
Prepaid Cable Assessment						16.97
Deferred Revenue						133,699.96
Deferred Cable Income						183,575.00
Total Operating Liabilities								320,946.70
Members Equity
Members Equity						44,324.97
Current Year Earnings						241.90
Total Members Equity								44,566.87
TOTAL LIABILITIES & EQUITY									$365,513.57
HOMEOWNERS EQUITY:
Total Members Equity						44,566.87
Cable Adjustment						4.38
TOTAL HOMEOWNERS EQUITY						$44,571.25

 

BUDGET COMPARISON - PWHOA (06/30/03)
						MTD	MTD		YTD	YTD	Annual
						Actual	Budget		Actual	Budget	Budget
INCOME:
Homeowner Assessment						22,283.34	22,283.33		133,700.04	133,700.00	267,400.00
Interest Income						35.50	308.33		719.77	1,850.00	3,700.00
Bulk Cable Assessment						13,333.18	15,275.25		87,124.88	91,651.50<