JAS 2017 Annual Report JAS18-22 2017 Annual Report 3.3

JAZZ ASPEN SNOWMASS 2017 FINANCIAL HIGHLIGHTS JAZZATASPENͲSNOWMASS For the period ending December 31, 2017 - Audited STATEMENTOFFINANCIALPOSITION December31,2017 ASSETS CashandCashEquivalents AccountsReceivable PrepaidExpenses Inventory LeaseholdImprovementsandEquipment,net LeaseDeposits BeneficialInterestatAVCF $ 2,337,665 40,620 83,164 65,955 253,523 4,503 9,585 TOTALASSETS $ 2,795,015 LIABILITIES&NETASSETS LIABILITIES AccountsPayable AccruedExpenses DeferredRevenue $ 101,931 22,827 913,342 TOTALLIABILITIES 1,038,100 NETASSETS » 24 « jazz aspen s nowmas s Unrestricted TemporarilyRestricted 598,480 1,158,435 TOTALNETASSETS 1,756,915 TOTALLIABILITIES&NETASSETS $ 2,795,015 Seeaccompanyingnotesandindependentauditor’sreport.

JAS 2017 Annual Report JAS18-22 2017 Annual Report 3.3 | Page 24