Comprehensive Annual Financial Report - Metro Transit

Bi-State Development Agency of theMissouri-Illinois Metropolitan DistrictCombined Statements Revenues, Expenses andChanges in Net AssetsAs of June 30, 2011 and 2010320112010Operating revenuesPassenger and service revenuesOther$57,402,4044,438,274$56,924,3573,616,928Total operating revenues61,840,67860,541,285Operating expensesWages and benefitsServicesMaterials and suppliesCasualty and liability costsElectricity, telephone, leases, and other gen expensesDepreciation and amortization153,787,83726,675,44032,209,1036,193,15510,337,61578,296,734146,358,08923,278,75528,949,9635,094,7339,729,13377,216,621Total operating expenses307,499,884290,627,294Operating loss(245,659,206)(230,086,009)Non-operating revenues (expenses)Grants and assistanceState and local assistanceFederal assistanceInterest incomeInterest expenseContributions to outside entitiesLegal settlementGain or (loss) on disposition of assetsLoss on capital lease terminationOther non-operating revenues (expenses), net170,832,33326,352,771598,011(22,896,561)(2,110,270)-1,770(6,488,743)1,161,748134,521,21837,559,07816,388,285(43,246,576)(1,254,513)(1,550,000)(734,525)-260,141Total non-operating revenues (expenses)167,451,059141,943,108Loss before capital contributions(78,208,147)(88,142,901)Capital contributions44,272,31026,785,009Change in net assets(33,935,837)(61,357,892)Total net assets, beginning of year692,566,725753,924,617Total net assets, end of year$658,630,888$692,566,7254See Accompanying Notes to Combined Financial Statements13