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LAKE AREA CORN PROCESSORS, LLC: 10-K filed 2014-02-27

What LAKE AREA CORN PROCESSORS, LLC reported in its annual report filed 2014-02-27 (fiscal FY 2013): 33 published measures, 121 facts as tagged in accession 0001156174-14-000002.

This filing

Form
10-K (annual report)
Filed
2014-02-27
Fiscal period
fiscal FY 2013
Accession
0001156174-14-000002 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All LAKE AREA CORN PROCESSORS, LLC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2013-12-3182,577,805USD
At 2012-12-3165,973,079USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2013-12-3158,455,182USD
At 2012-12-3151,074,335USD
At 2011-12-3153,694,694USD
At 2010-12-3148,097,148USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2013-12-3120,706,458USD
At 2012-12-317,662,901USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2013-10-01 to 2013-12-317,425,548USD92
2013-01-01 to 2013-12-3113,304,847USD365
2012-01-01 to 2012-12-31-1,277,481USD366
2012-07-01 to 2012-09-301,475,212USD92
2012-04-01 to 2012-06-301,458,043USD91
2012-01-01 to 2012-03-312,946,044USD91
2011-10-01 to 2011-12-31-1,215,500USD92
2011-01-01 to 2011-12-3117,445,546USD365
2011-07-01 to 2011-09-30700,582USD92
2011-04-01 to 2011-06-30-1,331,213USD91
2011-01-01 to 2011-03-31568,650USD90
2010-10-01 to 2010-12-314,910,004USD92
2010-07-01 to 2010-09-303,228,398USD92
2010-04-01 to 2010-06-304,872,650USD91
2010-01-01 to 2010-03-314,434,494USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2013-01-01 to 2013-12-3122,038,463USD365
2012-01-01 to 2012-12-31-431,632USD366
2011-01-01 to 2011-12-3125,796,954USD365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2013-01-01 to 2013-12-31513,008USD365
2012-01-01 to 2012-12-311,162,637USD366
2011-01-01 to 2011-12-3138,811USD365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2013-01-01 to 2013-12-31145,412,968USD365
2012-01-01 to 2012-12-31132,284,993USD366
2011-01-01 to 2011-12-31147,716,776USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2013-01-01 to 2013-12-313,676,302USD365
2012-01-01 to 2012-12-31-1,868,489USD366
2011-01-01 to 2011-12-31-16,170,288USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2013-01-01 to 2013-12-31-12,671,208USD365
2012-01-01 to 2012-12-31-1,262,637USD366
2011-01-01 to 2011-12-31961,189USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2013-12-3122,958,064USD
At 2012-12-3125,086,125USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2013-10-01 to 2013-12-317,267,049USD92
2013-01-01 to 2013-12-3112,810,777USD365
2012-01-01 to 2012-12-31-1,431,077USD366
2012-07-01 to 2012-09-301,344,871USD92
2012-04-01 to 2012-06-301,358,221USD91
2012-01-01 to 2012-03-312,840,636USD91
2011-10-01 to 2011-12-31-1,199,602USD92
2011-01-01 to 2011-12-3117,046,411USD365
2011-07-01 to 2011-09-30660,858USD92
2011-04-01 to 2011-06-30-1,348,397USD91
2011-01-01 to 2011-03-31553,095USD90
2010-10-01 to 2010-12-315,048,933USD92
2010-07-01 to 2010-09-302,799,628USD92
2010-04-01 to 2010-06-304,821,183USD91
2010-01-01 to 2010-03-314,422,206USD90

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2013-12-3132,789,023USD
At 2012-12-3127,019,100USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2013-01-01 to 2013-12-3183,250USD365
2012-01-01 to 2012-12-3158,147USD366
2011-01-01 to 2011-12-31182,470USD365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2013-12-3114,952,031USD
At 2012-12-3114,732,483USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2013-12-3111,953,957USD
At 2012-12-3113,518,218USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2013-12-3110,395,766USD
At 2012-12-3110,395,766USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2013-12-313,522,497USD
At 2012-12-314,251,590USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2013-01-01 to 2013-12-313,511,026USD365
2012-01-01 to 2012-12-312,864,188USD366
2011-01-01 to 2011-12-313,074,220USD365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2013-12-316,874,207USD
At 2012-12-3111,552,830USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2013-10-01 to 2013-12-318,188,976USD92
2013-01-01 to 2013-12-3116,321,803USD365
2012-01-01 to 2012-12-311,433,111USD366
2012-07-01 to 2012-09-302,107,665USD92
2012-04-01 to 2012-06-302,428,355USD91
2012-01-01 to 2012-03-313,596,807USD91
2011-10-01 to 2011-12-31-512,299USD92
2011-01-01 to 2011-12-3120,120,631USD365
2011-07-01 to 2011-09-301,310,349USD92
2011-04-01 to 2011-06-30-589,176USD91
2011-01-01 to 2011-03-311,321,268USD90
2010-10-01 to 2010-12-315,860,208USD92
2010-07-01 to 2010-09-303,558,671USD92
2010-04-01 to 2010-06-305,547,162USD91
2010-01-01 to 2010-03-315,200,129USD90

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2013-01-01 to 2013-12-31129,091,165USD365
2012-01-01 to 2012-12-31130,851,882USD366
2011-01-01 to 2011-12-31127,596,145USD365

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2013-12-3110,046,468USD
At 2012-12-31446,166USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2013-12-3151,680,299USD
At 2012-12-3151,447,386USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2013-12-3128,722,235USD
At 2012-12-3126,361,261USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2013-12-31356,683USD
At 2012-12-3186,609USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2013-12-31405,884USD
At 2012-12-318,726USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2013-12-31613,638USD
At 2012-12-31355,278USD

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2013-01-01 to 2013-12-312,827,141USD365
2012-01-01 to 2012-12-312,662,731USD366
2011-01-01 to 2011-12-312,744,683USD365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2013-01-01 to 2013-12-31494,070USD365
2012-01-01 to 2012-12-31153,596USD366
2011-01-01 to 2011-12-31399,135USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2013-01-01 to 2013-12-3147,709USD365
2012-01-01 to 2012-12-3158,412USD366
2011-01-01 to 2011-12-31302,707USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2013-01-01 to 2013-12-31-802,525USD365
2012-01-01 to 2012-12-31-88,952USD366
2011-01-01 to 2011-12-31127,782USD365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2013-01-01 to 2013-12-31-4,678,623USD365
2012-01-01 to 2012-12-31872,379USD366
2011-01-01 to 2011-12-31617,243USD365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2013-01-01 to 2013-12-31-1,564,261USD365
2012-01-01 to 2012-12-312,594,059USD366
2011-01-01 to 2011-12-315,401,263USD365

Inspect the source

Entity
LAKE AREA CORN PROCESSORS, LLC / CIK 0001156174
Captured
SEC response SHA-256
e165611d3d2697d7971eb7e681987d2109055e50b299857e312934a7eeb77e2e

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001156174.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))