2213 Condensed statement of changes in net assets?

PHILADELPHIA REGIONAL PORT AUTHORITY

Condensed Statement of Changes in Net Assets

[42 Pa.B. 7072]
[Saturday, November 10, 2012]

June 30, 2012 and 2011
AUDITED

	Year to Date June 30, 2012		Year to Date  June 30, 2011
Total Revenues	$	8,932,910	$	8,159,860
Total Operating Expenses	$	28,491,215	$	24,320,256
Operating Gain (Loss)	$	(19,558,305)	$	(16,160,396)
	______		______
Net Nonoperating Revenues (Expenses)	$	11,464	$	(1,896,821)
(Loss) Gain Before Capital Grants	$	(19,546,841)	$	(18,057,217)
	______		______
Capital Grants and Appropriations	$	81,896,118	$	59,345,822
	______		______
Change in Net Assets	$	62,349,277	$	41,288,605
	______		______
	______		______
Net Assets, Beginning of Year (Restated)	$	307,442,315	$	266,153,710
Net Assets, End of Year	$	369,791,592	$	307,442,315
	______		______
	______		______

JAMES T. McDERMOTT, Jr., 
Executive Director

[Pa.B. Doc. No. 12-2213. Filed for public inspection November 9, 2012, 9:00 a.m.]