TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
NONCURRENT ASSET SCHEDULE
5/31/07
				SCHEDULE C
			PREVIOUS YEAR		CURRENT YEAR
SCHEDULE OF INVESTMENTS IN ASSOCIATED COMPANIES
NEW ENGLAND HYDRO ELECTRIC			67,603.71		62,399.88
NEW ENGLAND HYDRO TRANSMISSION			95,928.64		84,194.16
TOTAL INVESTMENTS IN ASSOCIATED COMPANIES			163,532.35		146,594.04
SCHEDULE OF CAPITAL ASSETS
LAND			1,265,842.23		1,265,842.23
STRUCTURES AND IMPROVEMENTS			7,847,063.82		7,828,111.24
EQUIPMENT AND FURNISHINGS			8,341,504.24		7,554,413.34
INFRASTRUCTURE			37,569,844.94		40,421,968.77
TOTAL CAPITAL ASSETS, NET			55,024,255.23		57,070,335.58
SCHEDULE OF OTHER ASSETS
PURCHASED POWER WORKING CAPITAL			14,523.70		14,523.70
UNAMORTIZED DEBT EXPENSE			12,345.76		8,766.04
TOTAL OTHER ASSETS			26,869.46		23,289.74
TOTAL NONCURRENT ASSETS			55,214,657.04		57,240,219.36