|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: NATIONAL FUEL GAS CO, 35-CERT, EX-99, 2000-08-14 |
Next: NATIONAL FUEL GAS CO, 10-Q, 2000-08-14 |
Exhibit B
NATIONAL FUEL RESOURCES, INC.
BALANCE SHEET
AT JUNE 30,
-----------------------------------------
2000 1999
------------------- -------------------
ASSETS
Current Assets:
Cash and Temporary
Cash Investments $ 20,593,500 $ 1,716,325
Notes Receivable-Interco - $ 1,300,000
Accounts Receivable 13,624,740 11,985,305
Accounts Receivable-Interco 42,289 26,016
Reserve for Bad Debts (974,297) (806,421)
Gas Stored Underground 5,266,205 4,131,619
Other Current Assets (162,100) 28,222
------------------- -------------------
38,390,337 18,381,066
------------------- -------------------
Property, Plant, and Equipment
Furniture and Fixtures 796,024 745,063
Less - Accumulated DD&A (447,223) (247,367)
------------------- -------------------
348,801 497,696
------------------- -------------------
Other Assets 12,398,706 832,805
------------------- -------------------
$ 51,137,844 $ 19,711,567
=================== ===================
LIABILITIES
Current Liabilities:
Accounts Payable $ 1,259,644 $ 1,637,130
Accrued Liabilities 13,321,138 (73,779)
Current Income Taxes - Federal 134,389 521,275
Accounts Payable - Intercompany 27,800,000 393,943
Dividend Payable 100,000 35,000
------------------- -------------------
42,615,171 2,513,569
------------------- -------------------
Long Term Liabilities:
Deferred Income Taxes (3,142,075) (944,203)
Miscellaneous Deferred Credits 1,286,052 5,208,520
------------------- -------------------
(1,856,023) 4,264,317
------------------- -------------------
Stockholder's Equity:
Common Stock 10,000 10,000
Capital Paid in Excess of Par 3,490,000 3,490,000
Retained Earnings 6,878,696 9,433,681
------------------- -------------------
Total Equity 10,378,696 12,933,681
------------------- -------------------
$ 51,137,844 $ 19,711,567
=================== ===================
|
|