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PA Bulletin, Doc. No. 20-175

NOTICES

PHILADELPHIA REGIONAL PORT AUTHORITY

Condensed Statement of Revenues, Expenses and Changes in Net Position

[50 Pa.B. 780]
[Saturday, February 1, 2020]

JUNE 30, 2019 and 2018

AUDITED

Year to Date
JUNE 30, 2019
Year to Date
JUNE 30, 2018
Total Operating Revenues $ 16,026,651 $ 16,644,908
Total Operating Expenses $ 41,131,852 $ 34,915,628
Operating Gain (Loss) $ (25,105,201) $ (18,270,720)
Net Non-Operating Revenues (Expenses) $ (7,683,420) $ (5,975,148)
(Loss) Gain Before Capital Grants $ (32,788,621) $ (24,245,868)
Capital Grants and Appropriations $ 133,188,231 $ 83,018,815
Change in Net Position $ 100,399,610 $ 58,772,947
Net Position, Beginning of Year—Prev. Reported $ 527,590,977 $ 478,727,595
GASB 75 Restatement—
Cumulative OPEB Change
$ - $ (9,909,565)
Net Position, Beginning of Year—
Restated
$ 527,590,977 $ 468,818,030
Net Position, End of Year $ 627,990,587 $ 527,590,977

JEFF THEOBALD, 
Executive Director

[Pa.B. Doc. No. 20-175. Filed for public inspection January 31, 2020, 9:00 a.m.]



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