NOTICES

PHILADELPHIA REGIONAL PORT AUTHORITY

Condensed Statement of Changes in Net Assets

[35 Pa.B. 6972]

June 30, 2005 and 2004
Audited

	Year to Date June 30, 2005	Year to Date June 30, 2004
Total Revenues	$    5,616,698	$    5,852,282
Total Operating    Expenses	19,040,633	18,616,801
Operating Gain (Loss)	(13,423,935)	(12,764,519)
	__________
Net Non-operating    Revenues (Expenses)	7,670,883	7,817,240
(Loss) Gain Before	(5,753,052)	(4,947,279)
Capital Grants	__________
Capital Grants	18,816,381	9,031,831
Change in Net Assets	13,063,329	4,084,552
	__________
	__________
Net Assets, Beginning    of Year	27,825,618	23,741,066
Net Assets, End of Year	40,888,947	27,825,618

JAMES T. MCDERMOTT, Jr.,   
Executive Director

[Pa.B. Doc. No. 05-2396. Filed for public inspection December 23, 2005, 9:00 a.m.]

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