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Exhibit 6
<br />Cabarrus County, North Carolina
<br />Statement of Net Assets
<br />Proprietary Funds
<br />June 30, 2012
<br />Business-typeGovernmental
<br />Activities-Activities-
<br />LandfillInternal
<br />Enterprise Service
<br />FundFunds
<br />Assets
<br />Current assets:
<br /> Cash and cash equivalents3,533,388$ 4,116,976$
<br /> Receivables (net):
<br /> Accounts 1,7401,684
<br /> Customers -45,991
<br /> Due from other governments65,164 -
<br /> Interest 2,3613,065
<br /> Prepaids 118,343-
<br /> Total current assets3,649,292 4,239,420
<br />Capital assets:
<br /> Land & land improvements1,831,050 -
<br /> Construction in progress352,677 -
<br /> Buildings & improvements1,309,664 -
<br /> Vehicles and equipment2,659,411 -
<br /> Less: Accumulated depreciation(2,551,159) -
<br /> Total capital assets (net)3,601,643 -
<br /> Total assets7,250,935 4,239,420
<br />Liabilities
<br />Current liabilities:
<br />Accounts payable and accrued liabilities94,725 83,551
<br />Closure/postclosure costs payable169,968 -
<br />Compensated absences payable24,848 -
<br />Total current liabilities289,541 83,551
<br />Noncurrent liabilities:
<br />Amounts payable for future claims- 1,886,378
<br />Closure/postclosure costs payable3,229,390 -
<br />Compensated absences payable6,212 -
<br />Other postemployment benefits79,114 -
<br />Total noncurrent liabilities3,314,716 1,886,378
<br />Total liabilities3,604,257 1,969,929
<br />Net Assets
<br /> Invested in capital assets3,601,643 -
<br />Unrestricted 2,269,49145,035
<br />Total net assets3,646,678$ 2,269,491$
<br />The notes to the financial statements are an integral part of this statement.
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