PROGOLD LIMITED LIABILITY COMPANY

9 Months Ended

Sep. 30, 2018

PROGOLD LIMITED LIABILITY COMPANY

PROGOLD LIMITED LIABILITY COMPANY

NOTE 3 – PROGOLD LIMITED LIABILITY COMPANY

The Cooperative has a 49% ownership interest in ProGold LLC.  Following is summary financial information for ProGold LLC, which was derived from the monthly unaudited financial statements of ProGold LLC:

	September 30,				December 31,
(In Thousands)	2018		2017		2017
Current Assets	$	564	$	533	$	514
Long-Term Assets		38,889		40,352		39,843
Total Assets	$	39,453	$	40,885	$	40,357
Current Liabilities	$	485	$	113	$	5
Long-Term Liabilities		875		—		—
Total Liabilities		1,360		113		5
Members’ Equity		38,093		40,772		40,352
Total Liabilities and Members’ Equity	$	39,453	$	40,885	$	40,357
Rent Revenue on Operating Lease	$	13,153	$	17,200	$	22,873
Expenses		2,773		2,236		2,905
Net Income	$	10,380	$	14,964	$	19,968