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GREEN DEMOLITION CONTRACTORS, INC. <br />BALANCE SHEET <br />December 31, 2024 <br />ASSETS <br />CURRENT ASSETS <br />Cash $1,337,243 <br />Accounts receivable 2,247,134 <br />Contract assets (Note 5) 111,452 <br />Prepaid insurance 1,06,373 <br />Total current assets 3 t 02- <br />PROPERTY AND EQUIPMENT <br />Vehicles 226,791 <br />Computers 9,073 <br />Leasehold improvements 32,271 <br />Total cost 269,135 <br />Less: accumulated depreciation (2341725) <br />Net property and equipment 33,410 <br />Total assets $3.835.6U <br />LIABILITIES AND SHAREHOLDER'S EQUITY <br />CURRENT LIABILITIES <br />Accounts payable - including union benefits $1,744,899 <br />Current portion of long -terns debt (Note 6) 1410785 <br />Contract liabilities (Note 5) 488,706 <br />Accrued payroll 40,703 <br />Accrued retirement plan 11,661 <br />Total current liabilities 2,4270754 <br />LONG-TERM DEBT (Note 6) 1518422 <br />SHAREHOLDER'$_ EQUITY <br />Common stock, 20,000 $1 par shares authorized, <br />1,000 shares issued and outstanding 1,000 <br />Retained earnings 1,2550436 <br />Total shareholder's equity 1.%.436 <br />Total liabilities and shareholder's equity $3,835,612 <br />The accompanying notes are an integral part of these financial statements. <br />See independent accountants' review report. <br />4. <br />AI'PLEGA E & C OM l'AN1; K. <br />C V1.111ird 1'11bliv , fi r •uunhat1%• <br />