| Statement of Net Assets | ||||
| June 30, 2002 | ||||
| (Expressed in Thousands) | ||||
| Primary Government | ||||
|---|---|---|---|---|
| Governmental | Business-Type | Component | ||
| Activities | Activities | Total | Units | |
| Assets | ||||
| Current Assets: | ||||
| Cash and Cash Equivalents | $405,057 | $486,600 | $891,657 | $536,609 |
| Deposits with U.S. Treasury | - | 675,562 | 675,562 | - |
| Investments | 181,405 | 250,670 | 432,075 | 120,078 |
| Receivables, (Net of Allowances) | 1,841,932 | 450,954 | 2,292,886 | 165,888 |
| Due From Component Units | - | 99,611 | 99,611 | - |
| Due From Primary Government | - | - | - | 20,346 |
| Inventories | 61,130 | 10,814 | 71,944 | 3,543 |
| Restricted Assets | - | 9,420 | 9,420 | 451,057 |
| Internal Balances | (145,078) | 145,078 | - | - |
| Other Current Assets | 13,821 | 8,910 | 22,731 | 12,353 |
| Total Current Assets | 2,358,267 | 2,137,619 | 4,495,886 | 1,309,874 |
| Noncurrent Assets: | ||||
| Cash and Cash Equivalents | - | 63,073 | 63,073 | - |
| Restricted Assets | 590,374 | 695,704 | 1,286,078 | 425,372 |
| Investments | - | 448,063 | 448,063 | 234,383 |
| Loans, (Net of Allowances) | 406,272 | 505,043 | 911,315 | 3,068,708 |
| Capital Assets, (Net of Accumulated Depreciation) | 9,125,804 | 2,306,065 | 11,431,869 | 252,286 |
| Other Noncurrent Assets | 14,388 | 81,532 | 95,920 | 59,925 |
| Total Noncurrent Assets | 10,136,838 | 4,099,480 | 14,236,318 | 4,040,674 |
| Total Assets | 12,495,105 | 6,237,099 | 18,732,204 | 5,350,548 |
| Liabilities | ||||
| Current Liabilities: | ||||
| Accounts Payable and Accrued Liabilities | 710,270 | 194,520 | 904,790 | 52,986 |
| Due To Component Units | 20,346 | - | 20,346 | - |
| Due To Primary Government | - | - | - | 99,611 |
| Escrow Deposits | - | - | - | 26,347 |
| Current Portion of Long-Term Obligations | 976,958 | 168,936 | 1,145,894 | 118,451 |
| Amount Held for Institutions | - | - | - | 279,817 |
| Deferred Revenue | 39,159 | 59,335 | 98,494 | 680 |
| Medicaid Liability | 577,150 | - | 577,150 | - |
| Liability for Escheated Property | 51,178 | - | 51,178 | - |
| Other Current Liabilities | 160,333 | 65,563 | 225,896 | 18,271 |
| Total Current Liabilities | 2,535,394 | 488,354 | 3,023,748 | 596,163 |
| Noncurrent Liabilities: | ||||
| Non-Current Portion of Long-Term Obligations | 14,576,670 | 1,948,712 | 16,525,382 | 3,667,265 |
| Total Noncurrent Liabilities | 14,576,670 | 1,948,712 | 16,525,382 | 3,667,265 |
| Total Liabilities | 17,112,064 | 2,437,066 | 19,549,130 | 4,263,428 |
| Net Assets | ||||
| Invested in Capital Assets, Net of Related Debt | 2,348,364 | 1,847,526 | 4,195,890 | 44,126 |
| Restricted For: | ||||
| Transportation | 169,228 | - | 169,228 | - |
| Debt Service | 553,530 | 103,933 | 657,463 | 20,229 |
| Capital Projects | - | 144,982 | 144,982 | - |
| Unemployment Compensation | - | 798,703 | 798,703 | - |
| Clean Water Projects | - | 402,281 | 402,281 | - |
| Bond Indenture Requirements | - | 22,425 | 22,425 | 609,058 |
| Other Purposes | 419,135 | 196,465 | 615,600 | 27,817 |
| Funds Held as Permanent Investments: | ||||
| Expendable | 5,924 | - | 5,924 | - |
| Nonexpendable | 83,598 | 177,343 | 260,941 | - |
| Unrestricted (Deficit) | (8,196,738) | 106,375 | (8,090,363) | 385,890 |
| Total Net Assets (Deficit) | $(4,616,959) | $3,800,033 | $(816,926) | $1,087,120 |
The accompanying notes are an integral part of the financial statements.