For The Fiscal Year Ended June 30, 1996
(Expressed in Thousands)
| Rental Housing | Bradley International Airport | Other | Total | |
|---|---|---|---|---|
| Operating Revenues: | ||||
| Charges for Services | $ - | $ 31,819 | $ 2,140 | $ 33,959 |
| Interest on Financing Activities | 3,350 | - | - | 3,350 |
| Total Operating Revenues | 3,350 | 31,819 | 2,140 | 37,309 |
| Operating Expenses: | ||||
| Administrative | 1,746 | 20,575 | 2,401 | 24,722 |
| Depreciation and Amortization | 4 | 7,751 | - | 7,755 |
| Interest on Financing Activities | 7,856 | - | - | 7,856 |
| Total Operating Expenses | 9,606 | 28,326 | 2,401 | 40,333 |
| Operating Income (Loss) | (6,256) | 3,493 | (261) | (3,024) |
| Nonoperating Revenues (Expenses): | ||||
| Interest and Investment Income | 4,627 | 3,513 | - | 8,140 |
| Interest and Fiscal Charges | - | (6,919) | - | (6,919) |
| Other | (2,442) | 2,981 | - | 539 |
| Total Nonoperating Income (Expense) | 2,185 | (425) | - | 1,760 |
| Income (Loss) Before Operating Transfers | (4,071) | 3,068 | (261) | (1,264) |
| Operating Transfers In (Out): | ||||
| Operating Transfers In | 4,892 | - | - | 4,892 |
| Operating Transfers Out | (822) | - | - | (822) |
| Net Income (Loss) | (1) | 3,068 | (261) | 2,806 |
| Retained Earnings - July 1 | 31,494 | 4,805 | 1,047 | 37,346 |
| Retained Earnings - June 30 | $ 31,493 | $ 7,873 | $ 786 | $ 40,152 |