Investments (Tables)

12 Months Ended

Dec. 31, 2023

Condensed, combined unaudited financial information of the Company's investments in RPMG, LT, GH, GEM and REF are as follows:


	12/31/2023		12/31/2022		12/31/2021

Current assets	$	375,173,028	$	376,111,612	$	370,470,221
Other assets	152,477,137		160,018,056		179,230,853
Current liabilities	316,288,459		334,797,023		308,504,144
Long-term liabilities	22,658,176		36,462,751		44,248,272
Members' equity	188,703,530		164,869,892		196,948,658
Revenue	612,919,042		739,631,019		667,121,991
Gross Profit	76,660,052		59,547,216		112,911,725
Net Income	78,156,612		37,233,984		102,549,188

The following table shows the condensed financial information of Guardian Energy Hankinson; an investment which represents greater than 10% of the Company's assets and income as of December 31,2023.


	12/31/2023		12/31/2022		12/31/2021

Current assets	$	34,890,139	$	35,429,047	$	43,793,006
Other assets	32,056,021		41,806,802		54,451,233
Current liabilities	52,166,375		49,708,032		34,990,527
Long-term liabilities	8,957,906		8,829,302		6,115,092
Members' equity	5,821,879		18,698,514		57,138,620
Revenue	437,055,386		468,904,462		442,502,900
Gross Profit	54,376,669		20,899,414		68,569,989
Net Income	49,123,365		22,559,896		71,815,190

The following table shows the condensed financial information of Ring-neck Energy & Feed; the investment in which represents greater than 10% of the Company's assets as of December 31, 2022.


	12/31/2023		12/31/2022		12/31/2021

Current assets	$	42,843,145	$	46,040,175	$	44,893,050
Other assets	118,819,732		116,200,396		122,727,914
Current liabilities	27,230,565		30,950,092		23,595,688
Long-term liabilities	13,700,270		27,633,449		38,133,180
Member's equity	120,732,042		103,657,030		105,892,096
Revenue	161,062,008		253,181,487		208,356,815
Gross Profit	10,867,832		26,853,394		34,061,712
Net Income	21,541,939		9,276,276		25,195,703

LAKE AREA CORN PROCESSORS LLC 10-K