First, the issuance should not be reported on the operating statement
except for issue costs, which would be an expenditure.
also may include revenues that cannot be expected to be consistent.
Supporting these analyses, operating statements
(annual, quarterly or monthly) that have been received from the borrower are available.
Table 4--Consolidated operating statement
per cwt of total milk handled, by type of dairy cooperative, 2002 Type of cooperative Diver- sified Com- and Bar- modity fluid gain- manu- Niche pro- ing factu- marke- ces- Item only ring ting sing Dollars per cwt Milk and dairy product sales 12.84 15.36 18.30 16.69 Supply and other sales .68 .62 3.44 2.88 Service receipts and other income .23 .24 .13 .34 Patronage income .01 .02 .07 .05 Total income 13.75 16.25 21.94 19.96 Total expenses 13.71 16.09 21.62 19.68 Net margins before tax .04 .15 .32 .27 Milk volume handled (million pounds) 33,856 13,857 344 106,748 Note: Totals may not add due to rounding.
A major point of proof will be in the operating statement
for both entities.
How then is this market value estimate obtained when the operating statement
is encumbered with a lease payment?
* When focusing on the operating statement
, look at sales, gross margins, expenses and net income from operations.
* Exhibit 8-3--Conversion from the governmental fund operating statement
to the government-wide statement of activities.
Financial statements consist of two parts: a balance sheet and an operating statement
. Each are analyzed separately A typical Balance Sheet consists of assets and liabilities (Figure 1).
Fitch modeled cash flow based on the year-end 2016 Operating Statement
Analysis Report, as well as the June 2017 rent roll.
The financial operating statement
of the premises, including the rent roll.
The pro forma income and expenses are presented in a line-by-line operating statement
to arrive at a projected net operating income.