Quarter Ended

12/31/2019 Financial Report

FINANCIAL HIGHLIGHTS

 

 

UNAUDITED

Summary of Operations 3 Months Ended 12/31/2019 3 Months Ended 12/31/2018
Total Revenues $ 45,059,789 $ 36,708,648
Gross Profit $ 5,049,601 $ 1,517,311
Net Income $ 4,337,760 $ 959,137
Net Income / Unit $ 1,192 $ 264

 


Balance Sheets
UNAUDITED
As of 12/31/2019
AUDITED
As of 09/30/2019
Current Assets $ 51,761,244 $ 46,136,579
Total Assets $ 108,934,145 $ 98,763,489
Current Liabilities $ 16,228,655 $ 5,814,060
Long-Term Liabilites $ 1,545,255 $ 1,579,454
Members' Equity $ 91,160,235 $ 91,369,975
Book Value / Unit $ 25,058 $ 25,115

 

Key Metrics 3 Months Ended 12/31/2019 3 Months Ended 12/31/2018
Ethanol Yield (Gal/bu) 3.03 3.03
BTU / Gal 20,195 20,361
KW / Gal .51 .52
Corn Oil (Lbs/bu) 1.07 .97
Ethanol Production (Gal / day) 277,445 262,510
Ethanol Production MGY 97,938,212 92,666,011

 

Please be sure to keep Siouxland Ethanol updated on your contact information. This helps ensure you receive your distribution check, tax & other pertinent information timely. Thank you!
Tax Information – Siouxland Ethanol estimates net taxable income around $3,850/unit for full year unit holders. We also estimate allocating a federal Research and Development tax credit of $450/unit. Tax information forms K-1 were completed and mailed in late January 2020.