Folsom Lake Mutual Water Company 2002 Fiscal Statement (Unaudited)

Income and Expenses for the Period October 1, 2002 to September 30, 2003

Income
Member Fees $78,610.00
Interest $16.19

Total Income $78,626.19

Expenses
Water $56,064.81
Water Master $4,200.00
Accountant $2,400.00
Franchise Tax Board $825.00
Postage and Supplies $411.88
Repair and Maintenance $108.58
Bank Charges $56.25
Secretary of State $20.00
Auburn Placer County Library $20.00

Total Expenses $64,106.52

Net Profit (Loss) $14,519.67