TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
NONCURRENT ASSET SCHEDULE
5/31/08
				SCHEDULE C
			PREVIOUS YEAR		CURRENT YEAR
SCHEDULE OF INVESTMENTS IN ASSOCIATED COMPANIES
NEW ENGLAND HYDRO ELECTRIC			62,399.88		54,943.13
NEW ENGLAND HYDRO TRANSMISSION			84,194.16		78,633.79
TOTAL INVESTMENTS IN ASSOCIATED COMPANIES			146,594.04		133,576.92
SCHEDULE OF CAPITAL ASSETS
LAND			1,265,842.23		1,265,842.23
STRUCTURES AND IMPROVEMENTS			7,828,111.24		7,631,409.08
EQUIPMENT AND FURNISHINGS			7,554,413.34		8,972,438.55
INFRASTRUCTURE			40,421,968.77		42,890,887.31
TOTAL CAPITAL ASSETS, NET			57,070,335.58		60,760,577.17
SCHEDULE OF OTHER ASSETS
PURCHASED POWER WORKING CAPITAL			14,523.70		14,523.70
UNAMORTIZED DEBT EXPENSE			8,766.04		5,273.50
TOTAL OTHER ASSETS			23,289.74		19,797.20
TOTAL NONCURRENT ASSETS			57,240,219.36		60,913,951.29