Laserfiche WebLink
Contractor's Financial Statement <br />Submitted by Milestone Contractors North Inc. {x A Corporation <br />With principal office at 1700 E. Main St. Griffith. IN 46319 <br />To Citv of South Bend, Indiana <br />Condition at close of business December 31. 2020 <br />ASSETS <br />1. Cash: (a) On hand 1 124 ; (b) In Bank $ 21.273308 .,_(C Elsewhere $--- <br />Dollars and Cents. <br />21,274,432 <br />2. Notes receivable: a Due within 90 dais <br />0 <br />(b} Due after 90ays <br />0 <br />(c ). Past due <br />0 <br />_ _ _ <br />3. Accounts receivable from co_mQleted contracts, exclusive of claims not ap rp oved for payment <br />9,466,018 <br />4. Sums earned on uncompleted contracts as shown by engineer's or architect's estimate <br />0 <br />(a) Amount receivable after deducting rets^ inage — <br />6,862,582 <br />(b) Retainage to date, due upon completion of contracts <br />924,986 <br />5. Accounts receivable from sources other than construction contracts <br />38,223 <br />6. Deposits for bids or other guarantees: (a) Recoverable with 90 des _ _ <br />0 <br />--(b) Recoverable after 90 days0 <br />0 <br />0 <br />7. Interest accrued on loans, securities, etc. <br />— 0- <br />8. Real estate: _(a) Used for business purposes <br />8.427; 413_ <br />— _ <br />— Not used for business purposes <br />— <br />0 <br />9. Stocks and bonds _ (a Listed - present market value —_ <br />0 <br />(b) Unlisted - present value <br />u <br />0 <br />10. Materials in stock not included in Item 4 (a) For uncompleted contracts resent valued <br />X215_ 421 <br />(b) Other materials resent value <br />0 <br />11. Equipment book value <br />31 806,565 <br />_ _ _ <br />12. Furniture and fixtures, book value <br />411,235. <br />13. Other assets — <br />4,932,130 <br />— _ _ _ _ <br />Total assets <br />89,359,005 <br />LIABILITIES <br />1. Notes. payable —��To banks rem — <br />3,000,000 <br />_— <br />(b) To banks for certified checks <br />0. <br />_ <br />(c) To others for equipment oblijzations _v - <br />12,332 898 <br />___--- (d) To others exclusive of equipment obligations <br />0 <br />_ - <br />2. Accountable: tea) Nogast due _ _ <br />4,479,803 <br />(b) Past due <br />0 <br />_ _ .—_ <br />3. Real estate_ encumbrances <br />0 <br />�- _ —_— <br />4. Other liabilities <br />11,636,485 <br />--- <br />_ <br />5. Reserves <br />_ <br />6. Capital stock paid up: (a) Common ---- _ _ <br />_ _0 <br />10 000 <br />^ ---- - --- -__ -- <br />fib) Common <br />(c) Preferred <br />0 <br />0 <br />_.— <br />0 <br />7. Surplus (net worthy _ _ _ _ _— — —_ <br />.............�- <br />— 57,899,819 <br />— _ _ _ <br />— Total liabilities <br />CONTINGENT LIABILITIES— <br />89,359,005 <br />1: Liability on notes receivable, discounted or sold _ -- — <br />0 <br />- -- <br />2. Liabilityon accounts receivable, pleA&ed, assigned or sold — —_------ <br />0 <br />3. Liability as bondsman <br />_ _ _— — <br />0 <br />4_ Liability as guarantor on contracts or on accounts of others _ <br />0 <br />5. Other contingent liabilities ...... ..... __ <br />Total contingent liabilities — <br />0 <br />0 <br />