Statement of Net Assets | ||||
June 30, 2006 | ||||
(Expressed in Thousands) | ||||
Primary Government | ||||
---|---|---|---|---|
Governmental | Business-Type | Component | ||
Activities | Activities | Total | Units | |
Assets | ||||
Current Assets: | ||||
Cash and Cash Equivalents | $2,154,451 | $492,520 | $2,646,971 | $191,847 |
Deposits with U.S. Treasury | - | 632,318 | 632,318 | - |
Investments | 134,477 | 98,480 | 232,957 | 345,240 |
Receivables, (Net of Allowances) | 2,033,355 | 621,357 | 2,654,712 | 56,186 |
Due from Component Units | 2,619 | - | 2,619 | - |
Due from Primary Government | - | - | - | 12,778 |
Inventories | 58,572 | 10,087 | 68,659 | 3,509 |
Restricted Assets | - | 82,546 | 82,546 | 1,260,718 |
Internal Balances | (210,633) | 210,633 | - | - |
Other Current Assets | 13,603 | 15,025 | 28,628 | 3,071 |
Total Current Assets | 4,186,444 | 2,162,966 | 6,349,410 | 1,873,349 |
Noncurrent Assets: | ||||
Cash and Cash Equivalents | - | 217,435 | 217,435 | - |
Due From Component Units | 13,320 | - | 13,320 | - |
Investments | - | 312,567 | 312,567 | 53,800 |
Receivables, (Net of Allowances) | 177,988 | 489,445 | 667,433 | 123,798 |
Restricted Assets | 675,323 | 490,598 | 1,165,921 | 3,603,376 |
Capital Assets, (Net of Accumulated Depreciation) | 9,754,593 | 3,225,193 | 12,979,786 | 462,640 |
Other Noncurrent Assets | 57,042 | 59,352 | 116,394 | 14,184 |
Total Noncurrent Assets | 10,678,266 | 4,794,590 | 15,472,856 | 4,257,798 |
Total Assets | 14,864,710 | 6,957,556 | 21,822,266 | 6,131,147 |
Liabilities | ||||
Current Liabilities: | ||||
Accounts Payable and Accrued Liabilities | 644,854 | 257,253 | 902,107 | 66,280 |
Due to Component Units | 12,778 | - | 12,778 | - |
Due to Primary Government | - | - | - | 2,619 |
Due to Other Governments | 63,789 | 167 | 63,956 | - |
Current Portion of Long-Term Obligations | 1,248,067 | 186,597 | 1,434,664 | 153,263 |
Amount Held for Institutions | - | - | - | 471,585 |
Deferred Revenue | 8,519 | 155,717 | 164,236 | - |
Medicaid Liability | 569,613 | - | 569,613 | - |
Liability for Escheated Property | 104,719 | - | 104,719 | - |
Other Current Liabilities | 182,776 | 83,166 | 265,942 | 28,227 |
Total Current Liabilities | 2,835,115 | 682,900 | 3,518,015 | 721,974 |
Noncurrent Liabilities: | ||||
Non-Current Portion of Long-Term Obligations | 17,105,597 | 1,983,518 | 19,089,115 | 3,679,250 |
Total Noncurrent Liabilities | 17,105,597 | 1,983,518 | 19,089,115 | 3,679,250 |
Total Liabilities | 19,940,712 | 2,666,418 | 22,607,130 | 4,401,224 |
Net Assets | ||||
Invested in Capital Assets, Net of Related Debt | 3,469,145 | 2,407,382 | 5,876,527 | 284,295 |
Restricted For: | ||||
Transportation | 102,767 | - | 102,767 | - |
Debt Service | 640,540 | 72,547 | 713,087 | 31,866 |
Capital Projects | 234,893 | 110,952 | 345,845 | - |
Unemployment Compensation | - | 762,997 | 762,997 | - |
Clean Water and Drinking Water Projects | - | 566,438 | 566,438 | - |
Bond Indenture Requirements | - | 3,248 | 3,248 | 724,815 |
Loans | - | 6,318 | 6,318 | - |
Permanent Investments or Endowments: | ||||
Expendable | 3,241 | - | 3,241 | 109,346 |
Nonexpendable | 89,619 | 14,010 | 103,629 | 220,481 |
Other Purposes | 425,633 | 168,075 | 593,708 | 50,400 |
Unrestricted (Deficit) | (10,041,840) | 179,171 | (9,862,669) | 308,720 |
Total Net Assets (Deficit) | $(5,076,002) | $4,291,138 | $(784,864) | $1,729,923 |
The accompanying notes are an integral part of the financial statements.