12/6/24
Statement of revenues, expenses, and changes in net position
§ Incorporates all transactions that would be reported in a traditional income statement, plus changes in net position § Formatted to distinguish operating and non-operating revenues and expenses § Has a prescribed sequence § Capital contributions and transfers included
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Statements of Revenues, Expenses, and Changes in Net Position Years Ended December 31, 2024 and 2023
Statement of revenues, expenses, and changes in net position
Operating Revenues Casino Gaming Food and Beverage
158,000,000 19,000,000 22,000,000
125,000,000 16,245,000 16,583,000
Hotel
Entertainment
1,564,000 7,904,000
345,000
Other operating revenues Total Operating Revenues
4,936,000
208,468,000
163,109,000
Operating Expenses Casino Gaming Food and beverage
36,552,000 6,047,000 1,413,000 15,600,000 14,202,000 14,204,000 6,072,000 5,842,000 99,932,000
37,600,000 5,178,000 13,987,000 13,935,000 10,725,000 4,565,000 276,000 7,420,000 93,686,000
Entertainment
General and administrative Depreciation and amortization Marketing and adverstising Other operating expenses State revenue sharing Total operating expenses
Operating Income
108,536,000
69,423,000
Non-operating revenues (expenses) Interest income
32,000
50,000
CARES Act reimbursement from Community
1,372,000
6,487,000
Loss on sale of assets
(25,000)
(14,000)
Interest expense
(1,493,000) (114,000) 108,422,000
(3,015,000) 3,508,000 72,931,000
Total non-operating (expenses) revenues
Income before transfers
16
Transfers Transfers to Community
(106,506,000)
(70,000,000)
Change in net position
1,916,000 82,978,000 84,894,000
2,931,000 80,047,000 82,978,000
Net Position, beginning of year
Net Position, end of year
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