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KIMLEY‐HORN AND ASSOCIATES, INC.
<br />BALANCE SHEETS
<br />
<br />
<br />DECEMBER 31, 2018 AND 2017
<br />(SEE INDEPENDENT ACCOUNTANT’S REVIEW REPORT)
<br />
<br />
<br />The accompanying notes to the financial statements are an integral part of these statements. 2
<br />2018 2017
<br />ASSETS
<br />Current Assets:
<br />Cash and cash equivalents 26,163,550$ 25,159,593$
<br />Marketable securities, held to maturity, current 72,491,809 29,598,295
<br />Receivable from affiliates 1,013,751 4,893,137
<br />Accounts receivable – trade, net 214,954,151 182,272,964
<br />Costs and estimated earnings in excess
<br />of billings on uncompleted contracts 16,652,527 19,556,200
<br />Accounts receivable – other 4,291,426 2,104,120
<br />Notes receivable, net, current 165,618 117,562
<br />Deposits, current 114,435 223,182
<br />Prepaid expenses, current 20,506,163 17,865,759
<br />Income taxes receivable 4,376,054 7,605,161
<br />Total Current Assets 360,729,484 289,395,973
<br />Properties and Equipment:
<br />Vehicles 216,777 237,067
<br />Office furniture and equipment 64,470,100 59,101,871
<br />Buildings and leasehold improvements 32,933,002 30,003,286
<br />97,619,879 89,342,224
<br />Less accumulated depreciation (56,949,809) (51,253,450)
<br />Net depreciable properties and equipment 40,670,070 38,088,774
<br />Land 6,146,776 6,146,776
<br />Total Properties and Equipment, Net 46,816,846 44,235,550
<br />Other Assets:
<br />Marketable securities, held to maturity, noncurrent 39,568,052 39,805,620
<br />Notes receivable due after one year, net 585,500 571,918
<br />Deposits, noncurrent 857,592 743,332
<br />Prepaid expenses, noncurrent 284,987 1,990,402
<br />Goodwill, net 259,417 292,417
<br />Other 1,500,756 1,635,307
<br />Total Other Assets 43,056,304 45,038,996
<br />Total Assets 450,602,634$ 378,670,519$
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