PROGOLD LIMITED LIABILITY COMPANY

6 Months Ended

Jun. 30, 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:

	June 30,				December 31,
(In Thousands)	2013		2012		2012
Current Assets	$	184	$	146	$	111
Long-Term Assets	77,657		87,907		83,669
Total Assets	$	77,841	$	88,053	$	83,780
Current Liabilities	$	401	$	401	$	405
Long-Term Liabilities	1,400		1,800		1,600
Total Liabilities	1,801		2,201		2,005
Members’ Equity	76,040		85,852		81,775
Total Liabilities and Members’ Equity	$	77,841	$	88,053	$	83,780
Rent Revenue on Operating Lease	$	11,525	$	12,797	$	25,223
Expenses	5,983		5,988		11,762
Net Income	$	5,542	$	6,809	$	13,461