| Statement of Net Assets | ||||
| Proprietary Funds | ||||
| June 30, 2006 | ||||
| (Expressed in Thousands) | ||||
|
Business-Type Activities Enterprise Funds |
||||
|---|---|---|---|---|
|
University of Connecticut |
State Universities |
Bradley Inter national Airport |
Connecticut Lottery Corporation |
|
| Assets | ||||
| Current Assets: | ||||
| Cash and Cash Equivalents | $214,352 | $93,818 | $33,239 | $23,651 |
| Deposits with U.S. Treasury | - | - | - | - |
| Investments | 6,854 | 48,228 | - | 43,398 |
| Receivables: | ||||
| Accounts, Net of Allowances | 101,939 | 104,749 | 5,935 | 11,932 |
| Loans, Net of Allowances | 2,535 | 2,143 | - | - |
| Interest | - | - | - | 10,640 |
| From Other Governments | - | 2,091 | 1,841 | - |
| Due from Other Funds | 52,763 | 47,192 | - | - |
| Inventories | 8,938 | - | - | - |
| Restricted Assets | 71,314 | - | 11,232 | - |
| Other Current Assets | 9,437 | 1,707 | 726 | 2,555 |
| Total Current Assets | 468,132 | 299,928 | 52,973 | 92,176 |
| Noncurrent Assets: | ||||
| Cash and Cash Equivalents | 1,454 | 120,951 | - | - |
| Investments | 13,495 | - | - | 256,712 |
| Receivables: | ||||
| Accounts, Net of Allowances | - | - | - | - |
| Loans, Net of Allowances | 9,577 | 7,857 | - | - |
| Restricted Assets | 18,129 | - | 113,818 | - |
| Capital Assets, Net of Accumulated Depreciation | 1,749,594 | 837,535 | 303,499 | 1,924 |
| Other Noncurrent Assets | 9,891 | 4,294 | 6,195 | 5,091 |
| Total Noncurrent Assets | 1,802,140 | 970,637 | 423,512 | 263,727 |
| Total Assets | 2,270,272 | 1,270,565 | 476,485 | 355,903 |
| Liabilities | ||||
| Current Liabilities: | ||||
| Accounts Payable and Accrued Liabilities | 116,786 | 53,927 | 10,068 | 18,302 |
| Due to Other Funds | 15,064 | 2,300 | 1,274 | - |
| Due to Other Governments | - | - | - | - |
| Current Portion of Long-Term Obligations | 44,780 | 23,645 | 8,430 | 45,765 |
| Deferred Revenue | 32,788 | 117,906 | 1,394 | 751 |
| Other Current Liabilities | 42,873 | 5,481 | - | 31,196 |
| Total Current Liabilities | 252,291 | 203,259 | 21,166 | 96,014 |
| Noncurrent Liabilities: | ||||
| Noncurrent Portion of Long-Term Obligations | 377,803 | 376,295 | 217,720 | 256,712 |
| Total Noncurrent Liabilities | 377,803 | 376,295 | 217,720 | 256,712 |
| Total Liabilities | 630,094 | 579,554 | 238,886 | 352,726 |
| Net Assets (Deficit) | ||||
| Invested in Capital Assets, Net of Related Debt | 1,406,160 | 616,346 | 101,858 | 1,924 |
| Restricted For: | ||||
| Debt Service | 11,299 | - | 26,305 | - |
| Unemployment Compensation | - | - | - | - |
| Clean and Drinking Water Projects | - | - | - | - |
| Capital Projects | 45,788 | - | 65,164 | - |
| Nonexpendable Purposes | 13,507 | 483 | - | - |
| Bond Indentures | - | - | 3,248 | - |
| Loans | 6,318 | - | - | - |
| Other Purposes | 15,349 | 28,467 | - | 3,177 |
| Unrestricted | 141,757 | 45,715 | 41,024 | (1,924) |
| Total Net Assets | $1,640,178 | $691,011 | $237,599 | $3,177 |
|
Business-Type Activities Enterprise Funds |
Governmental Activities |
||||
|---|---|---|---|---|---|
|
Employment Security |
Clean Water |
Other Funds |
Total |
Internal Service Funds |
|
| Assets | |||||
| Current Assets: | |||||
| Cash and Cash Equivalents | $- | $5,573 | $121,887 | $492,520 | $16,904 |
| Deposits with U.S. Treasury | 632,318 | - | - | 632,318 | - |
| Investments | - | - | - | 98,480 | - |
| Receivables: | |||||
| Accounts, Net of Allowances | 132,039 | - | 21,309 | 377,903 | 3,808 |
| Loans, Net of Allowances | - | 207,335 | 5,273 | 217,286 | - |
| Interest | - | 5,317 | 1,213 | 17,170 | - |
| From Other Governments | 3,474 | 455 | 1,137 | 8,998 | - |
| Due from Other Funds | 517 | - | 133,983 | 234,455 | 11,091 |
| Inventories | - | - | 1,149 | 10,087 | 3,495 |
| Restricted Assets | - | - | - | 82,546 | - |
| Other Current Assets | - | - | 600 | 15,025 | 36 |
| Total Current Assets | 768,348 | 218,680 | 286,551 | 2,186,788 | 35,334 |
| Noncurrent Assets: | |||||
| Cash and Cash Equivalents | - | 71,497 | 23,533 | 217,435 | - |
| Investments | - | 29,360 | 13,000 | 312,567 | - |
| Receivables: | |||||
| Accounts, Net of Allowances | - | - | 2,013 | 2,013 | - |
| Loans, Net of Allowances | - | 427,003 | 42,995 | 487,432 | - |
| Restricted Assets | - | 297,509 | 61,142 | 490,598 | - |
| Capital Assets, Net of Accumulated Depreciation | - | - | 332,641 | 3,225,193 | 50,325 |
| Other Noncurrent Assets | - | 31,167 | 2,714 | 59,352 | 1,257 |
| Total Noncurrent Assets | - | 856,536 | 478,038 | 4,794,590 | 51,582 |
| Total Assets | 768,348 | 1,075,216 | 764,589 | 6,981,378 | 86,916 |
| Liabilities | |||||
| Current Liabilities: | |||||
| Accounts Payable and Accrued Liabilities | - | 5,398 | 52,772 | 257,253 | 8,901 |
| Due to Other Funds | 5,184 | - | - | 23,822 | 73,152 |
| Due to Other Governments | 167 | - | - | 167 | - |
| Current Portion of Long-Term Obligations | - | 31,546 | 32,431 | 186,597 | 256 |
| Deferred Revenue | - | - | 2,878 | 155,717 | 129 |
| Other Current Liabilities | - | 1,306 | 2,310 | 83,166 | - |
| Total Current Liabilities | 5,351 | 38,250 | 90,391 | 706,722 | 82,438 |
| Noncurrent Liabilities: | |||||
| Noncurrent Portion of Long-Term Obligations | - | 473,909 | 281,079 | 1,983,518 | 13,309 |
| Total Noncurrent Liabilities | - | 473,909 | 281,079 | 1,983,518 | 13,309 |
| Total Liabilities | 5,351 | 512,159 | 371,470 | 2,690,240 | 95,747 |
| Net Assets (Deficit) | |||||
| Invested in Capital Assets, Net of Related Debt | - | - | 281,094 | 2,407,382 | 49,968 |
| Restricted For: | |||||
| Debt Service | - | - | 34,943 | 72,547 | - |
| Unemployment Compensation | 762,997 | - | - | 762,997 | - |
| Clean and Drinking Water Projects | - | 514,176 | 52,262 | 566,438 | - |
| Capital Projects | - | - | - | 110,952 | - |
| Nonexpendable Purposes | - | - | 20 | 14,010 | - |
| Bond Indentures | - | - | - | 3,248 | - |
| Loans | - | - | - | 6,318 | - |
| Other Purposes | - | - | 121,082 | 168,075 | - |
| Unrestricted | - | 48,881 | (96,282) | 179,171 | (58,799) |
| Total Net Assets | $762,997 | $563,057 | $393,119 | $4,291,138 | $(8,831) |
The accompanying notes are an integral part of the financial statements.