FINANCIAL STATEMENTS - SUPPLEMENTARY SCHEDULES
06/30/04 06/30/03 06/30/02 06/30/01
CURRENT LIABILITIES:
Accounts payable
VOUCHERS $7,638,748 $1,634,592 $2,104,918 $1,984,209
MISCELLANEOUS 5,429 39,255 36,163 18,338
SALES TAX & MISC 0 2,469 3,459 47
BENEFITS PAYABLE 546,000 478,500 836,274 632,060
ACCRUAL 412,362 61,500 364,900 440,922
TOTAL $8,602,539 $2,216,316 $3,345,714 $3,075,576
Other accrued liabilities
ACCRUED PAYROLL & TAXES $1,863,639 $1,485,095 $1,926,604 $2,372,565
DEDUCTIONS PAYABLE 487,805 266,166 463,212 146,754
DEFERRED PAYROLL LIABILITY 1,436,479 1,541,218 1,512,740 1,684,386
BENEFITS PAYABLE (14,101) (14,331) (12,910) 1,951
DEPOSITS PAYABLE & MISC 346,605 285,903 311,772 441,336
VACATION ACCRUAL 2,782,720 2,572,800 2,654,100 2,658,600
TOTAL $6,903,147 $6,136,851 $6,855,518 $7,305,592
Deferred Revenue $2,166,871 $4,685,771 $2,862,194 $3,183,755
Current portion of long term liabilities
BANK LINE OF CREDIT $0 $0 $0 $0
BONDS PAYABLE - UNDER 1 YR 180,000 170,000 165,000 155,000
MITEL EQUIPMENT NOTES 85,714 85,714 85,714 85,714
TELEPHONE SYSTEM NOTE 303,570 303,570 0 0
OTHER CAPITAL LEASES 5,976 43,642 31,096 31,911
SUBTOTAL 575,260 602,926 281,810 272,625
HEALTH & LIABILITY - CURRENT (& ESP) 648,689 277,623 1,179,737 1,072,112
HEALTH & LIABILITY - IBNR 1,115,458 1,155,458 1,415,000 1,604,855
HEALTH & LIABILITY - RSVP 292,000 172,300 383,165 0
HEALTH & LIABILITY - W/C (& MUSIC) 342,297 372,297 461,318 650,000
TIAA/CREF PAYABLE 0 0 34,399 80,693
TOTAL $2,973,704 $2,580,604 $3,755,429 $3,680,285
TOTAL CURRENT LIABILITIES $20,646,261 $15,619,542 $16,818,855 $17,245,208
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