MONTHLY REPORTS 063009

Alpine Lake Property Owners Association Inc. Statement of Cash Flows May through June 2009 May - Jun 09 OPERATING ACTIVITIES Net Income Adjustments to reconcile Net Income to net cash provided by operations: 1200 · Accounts Receivable 1331 · Prepaid State Taxes ALPUC SAVINGS CD 1100 · Employee Pay Advance 1321 · Prepaid Expenses 1110 · A/R-Charges 1120 · A/R-American Express 1123 · A/R-Visa/Mastercard/Discover 1130 · A/R-Assessments 1140 · Bad Debts Reserve 1209 · Front Desk Inventory 1210 · Food Inventory 1230 · Bar Inventory 1235 · Caddy Shack Inventory 1240 · Pro Shop Inventory 1250 · Vending Inventory 1320 · Prepaid Insurance 1330 · Prepaid Brickstreet Insurance 2000 · Accounts Payable Lowes TERRA ALTA BANK VISA Accrued WV Income Tax Prepaid 2010/11 Accrued BFT Tax Accrued Property Taxes Advance Deposits 2100 · Payroll Liabilities 2220 · Accrued State W/H 2225 · Accrued MD W/H 2240 · Accrued SUTA 2250 · Accrued Federal Unemployment 2260 · Sales Tax Payable 2260 · Sales Tax Payable:2270 · Accrued Motel/Hotel Tax 2280 · Performance Bonds 2420 · Accrued Interest 2450 · Accrued Other 2600 · PREPAID 2009/10 ASSESSMENTS 2601 · Deferred 2009/10 Assessments Net cash provided by Operating Activities INVESTING ACTIVITIES Accumulated Amortization Amortizable Assets ROADS ASSETS 1521 · Rest/Lodge Assets 1561 · Bar Assets 1601 · Golf Assets 794.86 -7,452.97 -683.20 -6,401.30 -4,634.67 -7,773.39 -821.80 25,627.00 -515.69 -875.00 -13,238.31 6,621.04 3,804.76 4,812.33 547,887.05 12,128.98 194.38 -117.18 -1,431.73 -1,077.37 2,377.49 -15.83 15,398.81 0.02 -119,870.88 374.65 3,130.98 -13,568.66 1,025.86 2,486.66 5,687.68 -481.90 251.64 875.00 1,267.92 4,467.27 728.39 3,298.66 355.63 -2,400.00 -1,180.66 -6,625.81 213,128.34 -566,142.85 237,988.18 110,421.31 * For Management Use Only. Prepared by Dorinda Kisner, CPA. Page 1 of 2 Alpine Lake Property Owners Association Inc. Statement of Cash Flows May through June 2009 May - Jun 09 1641 · Other Assets 1690 · Lodge 1775 · Accumulated Depreciation Net cash provided by Investing Activities FINANCING ACTIVITIES Citicapital - Daewoo Skid Steer Citicapital - JD Loader Backhoe 2511 · Note TAB Net cash provided by Financing Activities Net cash increase for period Cash at beginning of period Cash at end of period -7,811.10 -1,274.28 -18,702.35 -27,787.73 208,149.53 508,190.39 716,339.92 -16,356.02 -17,450.00 57,905.77 -2,050.92 * For Management Use Only. Prepared by Dorinda Kisner, CPA. Page 2 of 2

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