PROGOLD LIMITED LIABILITY COMPANY

3 Months Ended

Mar. 31, 2013

PROGOLD LIMITED LIABILITY COMPANY

PROGOLD LIMITED LIABILITY COMPANY

NOTE 4 — PROGOLD LIMITED LIABILITY COMPANY

The Cooperative has a 49% ownership interest in ProGold Limited Liability Company (“ProGold LLC”).  Following is summary financial information for ProGold LLC, which were derived from the monthly unaudited financial statements of ProGold LLC:

	March 31,				December 31,
(In Thousands)	2013		2012		2012
Current Assets	$	144	$	109	$	111
Long-Term Assets	80,182		89,670		83,669
Total Assets	$	80,326	$	89,779	$	83,780
Current Liabilities	$	401	$	406	$	405
Long-Term Liabilities	1,500		1,900		1,600
Total Liabilities	1,901		2,306		2,005
Members’ Equity	78,425		87,473		81,775
Total Liabilities and Members’ Equity	$	80,326	$	89,779	$	83,780
Rent Revenue on Operating Lease	$	5,653	$	6,220	$	25,223
Expenses	3,037		3,098		11,762
Net Income	$	2,616	$	3,122	$	13,461