LIABILITIES AND EQUITY. Liabilities Equity
LIABILITIES AND EQUITY. Liabilities
LIABILITIES AND EQUITY. Notes 30/6/2023 31/12/2022 (in thousands of U.S. dollars) CURRENT LIABILITIES: Borrowings and lease liabilities 15 10,996 9,453 Trade accounts and other payables 11 16,659 11,346 Accrued liabilities 12 4,834 6,478 Current tax liabilities 13 460 381 Contract liabilities 14 8,139 8,103 Total current liabilities US$ 41,088 35,761 NON-CURRENT LIABILITIES: Borrowings and lease liabilities 15 376,806 380,116 Contract liabilities 14 174,646 177,186 Defined benefits 558 508 Trade accounts and other payables 11 594 64 Total non-current liabilities 552,604 557,874 Total liabilities US$ 593,692 593,635 EQUITY: Share capital 16 66,000 66,000 Legal reserve 33,000 33,000 Retained earnings 130,639 119,146 Total equity 229,639 218,146 TOTAL US$ 823,331 811,781 The above statement of financial position should be read in conjunction with the accompanying notes. Firmado electrónicamente por: Firmado electrónicamente por: Xxxxxxx Xxxxxxx Xxxx Xxxxxx Xxxxxx Page 4 of 71 Chief Financial Officer General Accountant Three months ended Six months ended Operating revenue 17 47,524 37,500 91,090 69,961 Interest revenue 834 596 1,528 1,194 Total revenue US$ 48,358 38,096 92,618 71,155 Financial costs 20 (12,206) (12,433) (24,713) (25,144) Amortization of intangible assets 10 (7,699) (4,811) (14,786) (8,946) Employee benefits 19 (2,391) (2,184) (4,685) (4,182) Services and supplies (2,202) (2,010) (4,266) (3,751) Employees' profit sharing 12 (2,513) (1,754) (4,675) (2,919) Operation and repair expenses 22.1 (2,074) (1,560) (4,008) (2,866) Professional fees (749) (647) (1,662) (1,478) Maintenance and repair expenses (583) (584) (1,178) (1,187) Insurance expenses (745) (590) (1,486) (1,167) Equipment depreciation 9 (1,323) (556) (1,923) (1,085) Others (838) (333) (1,174) (514) Utilities (531) (480) (1,029) (934) Taxes and contributions (266) (214) (540) (438) Total costs and expenses Net profit of the periodo and total (34,120) (28,156) (66,125) (54,611) comprehensive income US$ 14,238 9,940 26,493 16,544 Firmado electrónicamente por: The above statement of comprehensive income should be read in conjunction with the accompanying notes. Firmado electrónicamente por: Xxxxxxx Xxxxxxx Xxxx Xxxxxx Xxxxxx Page 5 of 71 Chief Financial Officer General Accountant Balance as of January 1, 2022 US$ 66,000 33,000 114,226 213,226 Net profit of the period - - 16,544 16,544 Balance as of June 30, 2022 (Unaudited) US$ 66,000 33,000 130,770 229,770 Balance as of December 31, 2022 66,000 33,000 119,146 21...
LIABILITIES AND EQUITY. The 2019 balance sheet liabilities and equity, noted on Schedule F-1 of the annual report, totaled $(5,121,822). Audit verified the total liabilities and equity to the general ledger, as well as to Schedule 4 (pdf page 27 of 107 of the “20-187_2021-01-15_ lwrc_perm_rate_schedules.pdf”) of the filing: Equity Capital $ (2,971,220) Long-term Debt (915,541) Current and Accrued Liabilities (96,879) Deferred Credits (578,931) Contributions in Aid of Construction (559,251) Total Equity Capital and Liabilities $ (5,121,822) Audit verified that the total equity capital consisted of the following general ledger account balances: Common Stock Issued $ (10,000) Other Paid-in Capital (1,423,322) Capital Stock Expense (4) Retained Earnings (1,537,894) Total Equity Capital Common Stock $(10,000) $ (2,971,220) Schedule 4 of the filing reports the Common Stock total of $(10,000), as of December 31, 2019. This total agrees with the PUC annual report, as well as with the general ledger account 201, Common Stock. The Company’s sole shareholder is the director, Xxxxxxx X. Xxxxx. There was no activity reported on the account during the 2019 test year. Audit noted that the Common Stock total of $(10,000) has remained constant since the prior rate case in 2014.
