CHATTANOOGA NEIGHBORHOOD ENTERPRISE, INC. AND SUBSIDIARIES SUPPLEMENTARY INFORMATION - OPERATING PARTNERSHIPS BALANCE SHEETS June 30, 2012
CAHLP II
CAHLP III
CAHLP V
CAHLP VII
ROBINSON APARTMENTS
TOTAL
ASSETS CURRENT ASSETS Cash and cash equivalents Accounts receivable Prepaid expenses Deposits held in trust
$
Total current assets
(1,882) 420 4,083 8,164
$
(1,945) 7,942 2,999 4,073
$
7,205 966 3,105 43,589
$
(6,150) 454 3,558 38,470
$
93,261 102,633 3,108 28,937
$
90,489 112,415 16,853 123,233
10,785
13,069
54,865
36,332
227,939
342,990
NONCURRENT ASSETS Property and equipment at cost: Land Property held for sale Rental property Furniture and fixtures Less accumulated depreciation Property and equipment, net Other assets, net
40,000 40,000 2,572
18,461 18,461 1,112
15,341 462,425 (126,714) 351,052 -
103,572 591,428 (92,939) 602,061 8,980
1,550,630 (309,380) 1,241,250 10,809
177,374 2,604,483 (529,033) 2,252,824 23,473
Total noncurrent assets
42,572
19,573
351,052
611,041
1,252,059
2,276,297 $ 2,619,287
Total assets
$
53,357
$
32,642
$
405,917
$
647,373
$
1,479,998
$
28,095 447,232 7,450 872
$
18,995 170,404 1,450 62
$
17,705 4,887 3,745 779
$
14,876 91,054 4,423 1,929
$
135,629 653,209 48,301 -
LIABILITIES AND PARTNERS' CAPITAL CURRENT LIABILITIES Accounts payable and accrued expenses Accounts payable, affiliates Tenant security deposits Prepaid rent Total current liabilities
$
215,300 1,366,786 65,369 3,642
483,649
190,911
27,116
112,282
837,139
1,651,097
NONCURRENT LIABILITIES Notes payable, affiliates Deferred development fees Interest rate swap obligation Long-term debt
363,136 16,772 12,705 840,944
145,634 326,690
17,306 266,914
238,094 419,561
874,149
764,170 16,772 12,705 2,728,258
Total noncurrent liabilities
1,233,557
472,324
284,220
657,655
874,149
3,521,905
Total liabilities
1,717,206
663,235
311,336
769,937
1,711,288
5,173,002
(1,663,849)
(630,593)
94,581
(122,564)
Partners' capital Total liabilities and partners' capital
$
53,357
$
32,642
$
See report of independent auditors 31
405,917
$
647,373
(231,290) $
1,479,998
(2,553,715) $ 2,619,287