TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
NONCURRENT ASSET SCHEDULE
8/31/07
				SCHEDULE C
			PREVIOUS YEAR		CURRENT YEAR
SCHEDULE OF INVESTMENTS IN ASSOCIATED COMPANIES
NEW ENGLAND HYDRO ELECTRIC			67,147.42		57,277.14
NEW ENGLAND HYDRO TRANSMISSION			96,384.93		84,533.22
TOTAL INVESTMENTS IN ASSOCIATED COMPANIES			163,532.35		141,810.36
SCHEDULE OF CAPITAL ASSETS
LAND			1,265,842.23		1,265,842.23
STRUCTURES AND IMPROVEMENTS			7,602,987.35		7,537,729.56
EQUIPMENT AND FURNISHINGS			7,397,763.56		6,809,242.14
INFRASTRUCTURE			39,519,156.70		41,920,485.24
TOTAL CAPITAL ASSETS, NET			55,785,749.84		57,533,299.17
SCHEDULE OF OTHER ASSETS
PURCHASED POWER WORKING CAPITAL			14,523.70		14,523.70
UNAMORTIZED DEBT EXPENSE			11,421.04		7,909.78
TOTAL OTHER ASSETS			25,944.74		22,433.48
TOTAL NONCURRENT ASSETS			55,975,226.93		57,697,543.01