The Wauneta Cooperative Oil Company will mail its 83rd annual financial statements for 2015 and 2016 to voting members this week. The mailing is being provided in lieu of the annual meeting.
    Wauneta Coop Oil representatives said the mailing of two-year financials is being conducted because audited financials were not received in a timely manner.
    The financial reports show a gross sales margin of $625,381 for 2016 and $612,627 for 2015. After general operating expenses and interest expenses, the statements show a local loss of $19,887 for 2016 and $136,620 for 2015.
    The net savings for 2016 were $122,494 and net savings for 2015 were $56,028.
    The total assets held by the cooperative are listed at $2,031,449 for 2016 and $1,980,476 for 2015. The total members’ equity is listed at $1,574,189 for 2016 and $1,460,246 for 2015.

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