Quarter Ended

09/30/2019 Financial Report

FINANCIAL HIGHLIGHTS

 

UNAUDITED

Summary of Operations 3 Months Ended 09/30/2019 3 Months Ended 09/30/2018 Year Ended 09/30/2019 Year Ended 09/30/2018
Total Revenues $ 42,944,587 $ 39,915,701 $ 162,327,050 $ 150,942,816
Gross Profit $ 7,009,503 $ 6,327,494 $ 18,975,698 $ 25,361,429
Net Income $ 6,435,641 $ 6,165,743 $ 17,006,691 $ 23,325,382
Net Income / Unit $ 1,769 $ 1,695 $ 4,675 $ 6,412
Distribution/Unit $ 1,250 $ 3,000 $ 2,000 $ 4,700

 

UNAUDITED

Balance Sheets As of 09/30/2019 As of 09/30/2018
Current Assets $ 46,136,578 $ 45,102,160
Total Assets $ 98,763,487 $ 95,960,464
Current Liabilities $ 5,814,059 $ 6,266,432
Long-Term Liabilites $ 1,579,453 $ 1,688,249
Members' Equity $ 91,369,975 $ 88,005,783
Book Value / Unit $ 25,115 $ 24,191

 

Key Metrics 3 Months Ended 09/30/2019 3 Months Ended 09/30/2018
Ethanol Yield (Gal/bu) 3.01 2.99
BTU / Gal 20,195 20,108
KW / Gal .60 .60
Corn Oil (Lbs/bu) .96 .91
Ethanol Production (Gal / day) 264,325 251,372
Ethanol Production MGY 93,000,000 89,000,000

 

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