CITY OF NASHUA, NEW HAMPSHIRE
COMBINING STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION
COMPONENT UNITS
FISCAL YEAR ENDING JUNE 30, 2021
(Except for Pennichuck Corporation Component Unit, which is for the year ending December 31. 2020)
Nashua
Pennichuck Airport
Corporation Authority Total
Operating Revenues
Charges for services $ 50,091,000 596,280 50,687,280
Other - 121,207 121.207
Total Operating Revenues 50,091,000 717,487 50,808,487
Operating Expenses
Cost of services 24,768,000 571,506 25,339,506
Taxes other than income taxes 6,445,000 - 6.445.000
Depreciation 8,549,000 1,621,448 10,170,448
Total Operating Expenses 39,762,000 2,192,954 41,954,954
Operating Income (Loss) 10,329,000 (1,475,467) 8.853,533
Nonoperating Revenues (Expenses)
Interest income - 2,872 2.872
Interest expense (11,896,000) - (11,896,000)
Other nonoperating revenues (expenses ) 90,000 - 90.000
Nonoperating Revenues (Expenses), Net (11,806,000) 2,872 (11,803,128)
(Loss) Before Contributions (1,477,000) (1,472,595) (2.949.595)
Capital contributions - 2,160,569 2,160,569
Provision for income taxes (507,000) - (507.000)
Other {343,000} - (343,000)
Change in net position (2,327,000) 687,974 (1.639.026)
Stockholders‘ equity/Net position. beginning 2,739,000 24,833,976 27,572.976
Stockholders’ equity/Net position, ending $ 412,000 $ 25,521,950 $ 25,933,950
The notes to the financial statements are an integral part of this statement.
