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Consolidated Financial Statements

Tierra Verde Holdings — fictional entity group for portfolio demonstration only.

Balance Sheet

Dec 31, 2024

 Tierra Verde FarmsCayo Ridge EstatesTierra Verde Cayo HoldingsTierra Verde GuatemalaTierra Verde GroupTierra Verde Holdings (Consolidated)
Current Assets
Cash on Hand and in Banks462,110--61228,940491,662
Accounts Receivable1,240----1,240
Crops in Progress561,900----561,900
Inventory26,140----26,140
Due From Third Parties6,420---182,300188,720
Prepaid Expenses41,120----41,120
Total Current Assets1,098,930--612211,2401,310,782
Fixed Assets
Land-3,480,200---3,480,200
Land Improvement-4,512,700---4,512,700
Farming & Land Clearing Equipment712,600----712,600
Furniture & Office Equipment6,180----6,180
Accumulated Depreciation(328,400)----(328,400)
Total Fixed Assets390,3807,992,900---8,383,280
Total Assets1,489,3107,992,900-612211,2409,694,062
 Tierra Verde FarmsCayo Ridge EstatesTierra Verde Cayo HoldingsTierra Verde GuatemalaTierra Verde GroupTierra Verde Holdings (Consolidated)
Current Liabilities
Accounts Payable474,500--6,040-480,540
Current Lease Liability236,800----236,800
Accruals & Other27,800---128,700156,500
Total Current Liabilities739,100--6,040128,700873,840
Long Term Liabilities
International Bank Loan1,544,000----1,544,000
Senior Notes-772,000--3,371,0004,143,000
Total Long Term Liabilities1,544,000772,000--3,371,0005,687,000
Equity
Common & Preferred Equity---69,7008,996,3009,066,000
Accumulated Other Comprehensive Income-2,439,3002,439,300-2,439,3002,439,300
Retained Earnings (incl. current year)(793,790)4,781,600(2,439,300)(75,128)(14,724,060)(8,372,078)
Total Equity(793,790)7,220,900-(5,428)(3,288,460)3,133,222

Income Statement

Jan 1 – Dec 31, 2024

 Tierra Verde FarmsCayo Ridge EstatesTierra Verde Cayo HoldingsTierra Verde GuatemalaTierra Verde GroupTierra Verde Holdings (Consolidated)
Income
Crop Sales------
Other Income4,40015,070--119,471
Total Income4,40015,070--119,471
Expenses
Payroll Expenses232,900----232,900
Interest Expense43,900---283,200327,100
Depreciation Expense34,400----34,400
Professional Fees25,100--9,27056,23090,600
Travel & Business Development36,300---50,00086,300
Rent Expense34,000----34,000
Other Operating Expenses77,000---232,170309,170
Total Expenses483,600--9,270621,6001,114,470
Net Income (Loss)(479,200)15,070-(9,270)(621,599)(1,094,999)