|
Cost, etc.,of the average bottle are shown below:
<br /> 6/30/2023 6/30/2022 6/30/2021
<br /> Sales Price $ 15.4 $ 15.2 $ 15.0
<br /> Sales taxes and assessments $ 3.7 $ 3.6 $ 3.5
<br /> Cost of merchandise 8.1 8.0 8.0
<br /> Store selling expenses 1.8 1.6 1.7
<br /> Warehouse and delivery expenses 2 2 2
<br /> Administrative expenses [net of nonoperating income
<br /> (expense)] 4 4 4
<br /> Law enforcement and education 2 2 2
<br /> Net income for distribution 1.0 1.2 1.0
<br /> $ 15.4 $ 15.2 $ 15.0
<br /> Capital Assets
<br /> Investment in capital assets,as of June 30,2023,totals$11,203,657,net of accumulated depreciation.
<br /> Major capital asset transactions during the year include the following:
<br /> Completion of new Mebane store $ 1,510,363
<br /> Furniture,fixtures and equipment 340,943
<br /> Capital Assets(Net of Accumulated Depreciation)
<br /> $Change %Change
<br /> This Period This Period
<br /> 6/30/2023 6/30/2022 6/30/2021 Over Last Over LastPeriod Period
<br /> Land $ 1,951,041 $ 1,951,041 $ 1,951,041 $ --- 0.00%
<br /> Construction in progress 1,769,975 72,988 (1,769,975) (100%)
<br /> Buildings and
<br /> improvements 8,716,530 5,776,469 6,019,084 2,940,061 50.90%
<br /> Store fixtures and
<br /> equipment 377,146 154,589 252,629 222,557 143.97%
<br /> Warehouse fixtures
<br /> and equipment 16,516 32,528 37,103 16,012
<br /> Office furniture, ( ) (49.22%)
<br /> fixtures,and
<br /> equipment 19,522 31,239 64,860 11,717
<br /> ( ) (37.51%) i
<br /> Leasehold improvements 108,237 117,723 141,520 (9,486) (8.06%)
<br /> Motor vehicles 14,665 23,739 44,363 (9,074) (38.22%)
<br /> $ 11,203,657 $ 9,857,303 $ 8,583,588 $ 1,346,354 13.66%
<br /> Additional information on the ABC Board's capital assets can be found in Note 1.G of the Basic Financial Statements.
<br /> -7- i
<br />
|