BALANCE SHEETS (USD $)	Sep. 30, 2012		Sep. 30, 2011
Current Assets
Cash and cash equivalents	$ 1,832,935		$ 1,801,693
Accounts receivable	20,547		23,079
Inventory	157,795		154,455
Current deferred taxes	73,600		73,600
Prepaid income taxes	103,800		1,300
Prepaid expenses	40,176		43,877
Total current assets	2,228,853		2,098,004
Pismo Coast Village Recreational Vehicle Resort and Related Assets – Net	14,227,301		14,081,098
Other Assets	22,666		27,059
Total Assets	16,478,820		16,206,161
Current Liabilities
Accounts payable and accrued liabilities	150,516		160,383
Accrued salaries and vacation	183,322		175,549
Rental deposits	882,570		796,158
Current portion of long-term debt	168,074		131,882
Total current liabilities	1,384,482		1,263,972
Long-Term Liabilities
Long-term deferred taxes	796,800		664,000
N/P Donahue Trans Service	91,288		36,587
N/P Mission Community Bank	3,639,799		4,146,617
Total Liabilities	5,912,369		6,111,176
Stockholders’ Equity
Common stock	5,606,919	[1]	5,606,919	[2]
Retained earnings	4,959,532		4,488,066
Total stockholders’ equity	10,566,451		10,094,985
Total Liabilities and Stockholders’ Equity	$ 16,478,820		$ 16,206,161

[1] no par value, 1,800 shares issued, 1,787 shares outstanding at September 30, 2012

[2] no par value, 1,800 shares issued, 1,787 shares outstanding at September 30, 2011