tailieunhanh - REPORT NO. 2012-033 NOVEMBER 2011 WKGCAM/FM RADIO STATION A PUBLIC TELECOMMUNI CATIONS_part3

BÁO CÁO KHÔNG. 2012-033 giảm Kết thúc cân bằng Tài sản vốn khấu hao: tòa nhà Tháp Nội thất Đài phát thanh, Máy móc, thiết bị tài sản và nguồn vốn Tổng số khấu hao ít, khấu hao luỹ kế: tòa nhà Đài phát thanh Tháp Nội thất, Máy móc và Thiết bị Tổng số khấu hao luỹ kế Tổng tài sản vốn khấu hao, Net | November 2011 report No. 2012-033 WKGC-AM FM RADIO station A PUBLIC telecommunications entity OPERATED BY GULF COAST STATE COLLEGE notes to financial statements Continued June 30 2011 and 2010 Description Beginning Additions Reductions Ending Balance Balance Depreciable Capital Assets Buildings Radio Tower Furniture Machinery and Equipment 357 016 1 377 146 407 265 357 016 1 377 146 407 265 Total Depreciable Capital Assets 2 141 427 2 141 427 Less Accumulated Depreciation Buildings 245 894 8 479 254 373 Radio Tower 343 992 129 738 473 730 Furniture Machinery and Equipment 272 245 45 007 317 252 Total Accumulated Depreciation 862 131 183 224 1 045 355 Total Depreciable Capital Assets Net 1 279 296 183 224 1 096 072 Depreciation expense was allocated to the various functions as follows 2011 2010 Programming and Production 3 391 3 392 Broadcasting 178 137 187 532 Management and General 1 696 1 696 Total 183 224 192 620 For capital assets partially financed with United States Department of Commerce National Telecommunications and Information Administration NTIA Public Telecommunications Facilities Program PTFP grants the Federal Government requires a ten-year lien establishing it as the priority secured creditor. This is to enforce its reversionary interest in the fixed asset for a ten-year period dating from the PTFP s approval of the final inventory for the grant in case the Station defaults on the terms and conditions of the grant. The capital assets against which the Federal Government has a lien are Capital Assets Tower DOC Grant No. Original Cost Lien Through 12-01-N06013 438 387 2019 4. DEFERRED revenue Deferred revenue includes amounts received from certain grants during the fiscal years ended June 30 2011 and 2010 that will not be recognized as revenue until the subsequent fiscal year. Deferred revenue activity for the fiscal years ended June 30 2011 and 2010 were as follows This is trial version November 2011 report No. 2012-033 WKGC-AM FM .