CONDENSED FINANCIAL INFORMATION (Tables)

12 Months Ended

Oct. 31, 2013

Condensed Financial Information Tables

Schedule of condensed financial information

Condensed financial information of Blue Ridge and its subsidiaries and Big Boulder and its subsidiaries (see Note 1), at October 31, 2013, 2012 and 2011 and for each of the years then ended is as follows:

	Blue Ridge and Subsidiaries
	10/31/13	10/31/12	10/31/11
FINANCIAL POSITION:
Total assets	$39,994,117	$40,725,247	$51,526,111
Total liabilities	20,427,035	24,077,895	33,108,155
Shareholders' equity	19,567,082	16,647,352	18,417,956
OPERATIONS:
Revenues	10,237,882	3,988,091	3,409,638
Income (loss) from continuing operations before taxes	2,268,740	(2,194,921)	(2,589,152)
Tax (credit) for income taxes from continuing operations	648,000	(1,143,000)	(876,000)
Net income (loss)	$1,625,835	($1,095,751)	($1,709,510)

	Big Boulder and Subsidiaries
	10/31/13	10/31/12	10/31/11
FINANCIAL POSITION:
Total assets	$6,047,883	$9,846,245	$13,579,598
Total liabilities (includes deferred tax asset which on   combined balance sheets nets to a liability)	(2,879,914)	(1,326,848)	2,243,617
Shareholders' equity	8,927,797	11,173,093	11,335,981
OPERATIONS:
Revenues	1,062,465	3,141,617	2,269,508
Loss from continuing operations before taxes	(3,717,301)	(291,991)	(1,325,388)
Credit for income taxes from continuing operations	(1,472,000)	(129,000)	(451,000)
Net loss	($2,245,301)	($162,883)	($765,255)