Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2015 BASIC FINANCIAL STATEMENTS Combining Statement of Net Assets Component Unit

Statement of Net Position
Component Units
June 30, 2015
(Expressed in Thousands)
Connecticut    
Housing    
Finance Connecticut Connecticut Other
Authority Lottery Airport Component
Assets (12-31-14) Corporation Authority Units Total
Current Assets:
Cash and Cash Equivalents $- $10,174 $70,291 $169,519 $249,984
Investments - 10,957 - 413,528 424,485
Receivables:
Accounts, Net of Allowances - 31,109 6,118 52,336 89,563
Loans, Net of Allowances - - - 22,436 22,436
Other - 1,882 - 2,030 3,912
Due From Other Governments - - 8,646 - 8,646
Due From Primary Government - - 5,874 1,102 6,976
Restricted Assets 699,499 - 3,020 399,085 1,101,604
Inventories - - - 5,916 5,916
Other Current Assets - 3,490 212 11,689 15,391
Total Current Assets 699,499 57,612 94,161 1,077,641 1,928,913
Noncurrent Assets:
Investments - 119,397 - 78,048 197,445
Accounts, Net of Allowances - - - 30,928 30,928
Loans, Net of Allowances - - - 488,369 488,369
Restricted Assets 4,290,903 - 109,002 94,813 4,494,718
Capital Assets, Net of Accumulated Depreciation 3,260 1,180 344,713 449,449 798,602
Other Noncurrent Assets - 4,986 - 55,106 60,092
Total Noncurrent Assets 4,294,163 125,563 453,715 1,196,713 6,070,154
Total Assets 4,993,662 183,175 547,876 2,274,354 7,999,067
Deferred Outflows of Resources
Accumulated Decrease in Fair Value of Hedging
Derivatives 85,603 - 19,291 - 104,894
Unamortized Losses on Bond Refundings 69,903 - 1,999 - 71,902
Related to Pensions - 2,181 - 4,981 7,162
Other - - - 88 88
Total Deferred Outflows of Resources 155,506 2,181 21,290 5,069 184,046
Liabilities
Current Liabilities:
Accounts Payable and Accrued Liabilities 21,288 14,715 16,813 66,164 118,980
Current Portion of Long-Term Obligations 379,814 11,255 6,435 18,368 415,872
Due To Primary Government - - 2,926 33,109 36,035
Amount Held for Institutions - - - 320,224 320,224
Other Liabilities - 27,882 1,779 19,171 48,832
Total Current Liabilities 401,102 53,852 27,953 457,036 939,943
Noncurrent Liabilities:
Pension Liability - 44,624 57,359 42,919 144,902
Noncurrent Portion of Long-Term Obligations 3,784,019 119,941 142,271 604,474 4,650,705
Total Noncurrent Liabilities 3,784,019 164,565 199,630 647,393 4,795,607
Total Liabilities 4,185,121 218,417 227,583 1,104,429 5,735,550
Other Deferred Inflows
Unamortized Investment Earnings - 1,594 2,049 1,533 5,176
Other Deferred Inflows - - - - -
Total Deferred Inflows of Resources - 1,594 2,049 1,533 5,176
Net Position
Net Investment in Capital Assets 3,260 1,180 211,150 311,302 526,892
Restricted:
Debt Service - - 7,424 23,814 31,238
Bond Indentures 962,516 - 2,100 - 964,616
Expendable Endowments - - - 96,702 96,702
Nonexpendable Endowments - - - 339,807 339,807
Capital Projects - - 102,499 - 102,499
Other Purposes - (1,838) - 71,895 70,057
Unrestricted (Deficit) (1,729) (33,997) 16,361 329,941 310,576
Total Net Position $964,047 $(34,655) $339,534 $1,173,461 $2,442,387

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