v3.21.4

Statement of Operations - USD ($)	12 Months Ended
Statement of Operations - USD ($)	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Revenues	$ 303,435,418	$ 194,329,476	$ 203,793,847
Cost of Goods and Services Sold	287,226,420	188,782,979	203,969,863
Gross Profit (loss)	16,208,998	5,546,497	(176,016)
Operating Expenses	4,594,963	4,144,385	3,706,721
Operating Income (loss)	11,614,035	1,402,112	(3,882,737)
Other Income (Expense)
Other income	233,253	1,396,264	238,140
Interest income (expense), net	(197,741)	37,494	215,995
Gain (Loss) on Extinguishment of Debt	1,699,041	0	0
Equity in net income of investments	11,149,386	3,042,793	1,716,200
Total Other Income	12,883,939	4,476,551	2,170,335
Net Income	$ 24,497,974	$ 5,878,663	$ (1,712,402)
Basic & diluted net income per unit	$ 1.23	$ 0.30	$ (0.09)
Weighted average units outstanding for the calculation of basic & diluted net income per unit	19,873,000	19,873,000	19,873,000
Distribution Per Unit	$ 0.20	$ 0.10	$ 0.25

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.2(a),(d))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

GOLDEN GRAIN ENERGY 10-K