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.]

---

No part of the information on this site may be reproduced for profit or sold for profit.

This material has been drawn directly from the official Pennsylvania Bulletin full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.

---