Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2010 BASIC FINANCIAL STATEMENTS - Statement of Net Assets Proprietary Funds

Statement of Net Assets
Proprietary Funds
June 30, 2012
(Expressed in Thousands)
Business-Type Activities
Enterprise Funds
University of
Connecticut 		State
Universities		 Bradley
International
Airport		 Connecticut
Lottery
Corporation
Assets
Current Assets:
Cash and Cash Equivalents $347,139 $179,587 $22,929 $31,128
Deposits with U.S. Treasury - - - -
Investments 3,303 27,810 - 21,517
Receivables:
Accounts, Net of Allowances 108,070 175,049 5,822 34,249
Loans, Net of Allowances 1,744 2,805 - -
Interest - - - 3,403
From Other Governments - 2,432 884 -
Due from Other Funds 57,566 27,040 - -
Inventories 14,238 - - -
Restricted Assets 160,524 - 15,903 -
Other Current Assets 8,400 3,795 142 2,105
Total Current Assets 700,984 418,518 45,680 92,402
Noncurrent Assets:
Cash and Cash Equivalents 1,420 122,559 - -
Investments 10,303 26,827 - 115,991
Receivables:
Accounts, Net of Allowances - - - -
Loans, Net of Allowances 10,494 9,253 - -
Restricted Assets 4,028 - 115,854 -
Capital Assets, Net of Accumulated Depreciation 1,742,927 876,817 294,642 2,111
Other Noncurrent Assets 1,951 2,171 39,145 5,240
Total Noncurrent Assets 1,771,123 1,037,627 449,641 123,342
Total Assets 2,472,107 1,456,145 495,321 215,744
Liabilities
Current Liabilities:
Accounts Payable and Accrued Liabilities 120,193 45,831 7,789 28,848
Due to Other Funds 10,097 3,382 1,896 -
Due to Other Governments - - - -
Current Portion of Long-Term Obligations 58,661 18,017 14,245 22,204
Deferred Revenue 33,696 189,978 1,399 653
Other Current Liabilities 27,143 10,647 - 39,784
Total Current Liabilities 249,790 267,855 25,329 91,489
Noncurrent Liabilities:
Noncurrent Portion of Long-Term Obligations 288,811 299,164 169,163 116,694
Total Noncurrent Liabilities 288,811 299,164 169,163 116,694
Total Liabilities 538,601 567,019 194,492 208,183
Net Assets (Deficit)
Invested in Capital Assets, Net of Related Debt 1,457,585 712,215 140,199 2,111
Restricted For:
Debt Service 7,737 - 13,582 -
Unemployment Compensation - - - -
Clean and Drinking Water Projects - - - -
Capital Projects 172,302 - 88,800 -
Nonexpendable Purposes 11,574 400 - -
Bond Indentures - - 2,109 -
Loans 3,506 - - -
Other Purposes 23,033 50,404 - 5,403
Unrestricted (Deficit) 257,769 126,107 56,139 47
Total Net Assets (Deficit) $1,933,506 $889,126 $300,829 $7,561

 

Business-TypeActivities
Enterprise Funds		 Governmental
Activities
Employment
Security 		Clean
Water 		Other
Funds 		Total Internal
Service
Funds
Assets
Current Assets:
Cash and Cash Equivalents $- $3,536 $131,061 $715,380 $9,227
Deposits with U.S. Treasury 198,965 - - 198,965 -
Investments - - - 52,630 -
Receivables:
Accounts, Net of Allowances 191,889 - 13,632 528,711 2,735
Loans, Net of Allowances - 230,173 4,896 239,618 -
Interest - 8,616 242 12,261 -
From Other Governments 8,434 18,705 309 30,764 -
Due from Other Funds 2,048 - 121,771 208,425 533
Inventories - - - 14,238 3,667
Restricted Assets - - - 176,427 -
Other Current Assets - - 208 14,650 486
Total Current Assets 401,336 261,030 272,119 2,192,069 16,648
Noncurrent Assets:
Cash and Cash Equivalents - 183,658 47,397 355,034 -
Investments - 18,140 - 171,261 -
Receivables:
Accounts, Net of Allowances - - - - -
Loans, Net of Allowances - 651,673 63,070 734,490 -
Restricted Assets - 373,752 81,483 575,117 -
Capital Assets, Net of Accumulated Depreciation - - 680,309 3,596,806 30,637
Other Noncurrent Assets - 10,994 1,580 61,081 -
Total Noncurrent Assets - 1,238,217 873,839 5,493,789 30,637
Total Assets 401,336 1,499,247 1,145,958 7,685,858 47,285
Liabilities
Current Liabilities:
Accounts Payable and Accrued Liabilities - 17,711 59,346 279,718 2,587
Due to Other Funds 3,391 - - 18,766 1,520
Due to Other Governments 2,558 - - 2,558 -
Current Portion of Long-Term Obligations - 70,578 10,878 194,583 101
Deferred Revenue - - 3,279 229,005 430
Other Current Liabilities - - 285 77,859 -
Total Current Liabilities 5,949 88,289 73,788 802,489 4,638
Noncurrent Liabilities:
Noncurrent Portion of Long-Term Obligations 632,026 742,491 159,969 2,408,318 2,637
Total Noncurrent Liabilities 632,026 742,491 159,969 2,408,318 2,637
Total Liabilities 637,975 830,780 233,757 3,210,807 7,275
Net Assets (Deficit)
Invested in Capital Assets, Net of Related Debt - - 640,924 2,953,034 30,637
Restricted For:
Debt Service - - 4,508 25,827 -
Unemployment Compensation - - - - -
Clean and Drinking Water Projects - 499,779 119,177 618,956 -
Capital Projects - - - 261,102 -
Nonexpendable Purposes - - 20 11,994 -
Bond Indentures - - - 2,109 -
Loans - - - 3,506 -
Other Purposes - - 103,366 182,206 -
Unrestricted (Deficit) (236,639) 168,688 44,206 416,317 9,373
Total Net Assets (Deficit) $(236,639) $668,467 $912,201 $4,475,051 $40,010

The accompanying notes are an integral part of the financial statements.

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