Statement of Net Position | |||||
Component Units | |||||
June 30, 2014 | |||||
(Expressed in Thousands) | |||||
Connecticut | |||||
---|---|---|---|---|---|
Housing | |||||
Finance | Connecticut | Connecticut | Other | ||
Authority | Lottery | Airport | Component | ||
Assets | (12-31-13) | Corporation | Authority | Units | Total |
Assets | |||||
Current Assets: | |||||
Cash and Cash Equivalents | $- | $7,703 | $52,737 | $180,530 | $240,970 |
Investments | - | 13,864 | - | 426,004 | 439,868 |
Receivables: | |||||
Accounts, Net of Allowances | - | 30,736 | 6,011 | 31,778 | 68,525 |
Loans, Net of Allowances | - | - | - | 24,209 | 24,209 |
Other | - | 2,209 | - | 2,314 | 4,523 |
Due From Other Governments | - | - | 2,899 | - | 2,899 |
Due From Primary Government | - | - | 14,730 | 544 | 15,274 |
Restricted Assets | 700,660 | - | 2,934 | 457,314 | 1,160,908 |
Inventories | - | - | - | 6,069 | 6,069 |
Other Current Assets | - | 3,068 | 65 | 4,382 | 7,515 |
Total Current Assets | 700,660 | 57,580 | 79,376 | 1,133,144 | 1,970,760 |
Noncurrent Assets: | |||||
Investments | - | 125,385 | - | 80,175 | 205,560 |
Accounts, Net of Allowances | - | - | - | 33,059 | 33,059 |
Loans, Net of Allowances | - | - | - | 184,195 | 184,195 |
Restricted Assets | 3,956,239 | - | 104,309 | 91,526 | 4,152,074 |
Capital Assets, Net of Accumulated Depreciation | 3,074 | 1,388 | 349,990 | 396,904 | 751,356 |
Other Noncurrent Assets | - | 5,629 | - | 29,114 | 34,743 |
Total Noncurrent Assets | 3,959,313 | 132,402 | 454,299 | 814,973 | 5,360,987 |
Total Assets | 4,659,973 | 189,982 | 533,675 | 1,948,117 | 7,331,747 |
Deferred Outflows of Resources | |||||
Accumulated Decrease in Fair Value of Hedging | |||||
Derivatives | 59,207 | - | 19,645 | - | 78,852 |
Unamortized Losses on Bond Refundings | 66,562 | - | 2,122 | 145 | 68,829 |
Liabilities | |||||
Current Liabilities: | |||||
Accounts Payable and Accrued Liabilities | 21,547 | 12,791 | 8,776 | 59,221 | 102,335 |
Current Portion of Long-Term Obligations | 361,154 | 14,134 | 6,185 | 17,484 | 398,957 |
Due To Primary Government | - | - | 3,911 | 31,274 | 35,185 |
Amount Held for Institutions | - | - | - | 407,730 | 407,730 |
Other Liabilities | 26,344 | 25,615 | 1,711 | 24,880 | 78,550 |
Total Current Liabilities | 409,045 | 52,540 | 20,583 | 540,589 | 1,022,757 |
Noncurrent Liabilities: | |||||
Noncurrent Portion of Long-Term Obligations | 3,462,363 | 125,967 | 149,061 | 310,221 | 4,047,612 |
Total Noncurrent Liabilities | 3,462,363 | 125,967 | 149,061 | 310,221 | 4,047,612 |
Total Liabilities | 3,871,408 | 178,507 | 169,644 | 850,810 | 5,070,369 |
Other Deferred Inflows | |||||
Other Deferred Inflows | - | - | - | 2,592 | 2,592 |
Net Position | |||||
Net Investment in Capital Assets | 3,074 | 1,388 | 215,288 | 238,056 | 457,806 |
Restricted: | |||||
Debt Service | - | - | 6,449 | 64,591 | 71,040 |
Bond Indentures | 942,986 | - | 2,113 | - | 945,099 |
Expendable Endowments | - | - | - | 101,465 | 101,465 |
Nonexpendable Endowments | - | - | - | 320,850 | 320,850 |
Capital Projects | - | - | 98,681 | - | 98,681 |
Other Purposes | - | 2,368 | - | 51,961 | 54,329 |
Unrestricted (Deficit) | (31,726) | 7,719 | 63,267 | 317,937 | 357,197 |
Total Net Position | $914,334 | $11,475 | $385,798 | $1,094,860 | $2,406,467 |
The accompanying notes are an integral part of the financial statements.