Statement of Net Position
Component Units
June 30, 2016
(Expressed in Thousands)
Connecticut    
Housing    
Finance Connecticut Connecticut Other
Authority Lottery Airport Component
Assets (12-31-15) Corporation Authority Units Total
Current Assets:
Cash and Cash Equivalents $- $19,277 $83,045 $174,827 $277,149
Investments - 8,071 - 399,872 407,943
Receivables:
Accounts, Net of Allowances - 27,063 6,242 47,243 80,548
Loans, Net of Allowances - - - 6,311 6,311
Other - 1,641 - 1,842 3,483
Due From Other Governments - - 3,654 - 3,654
Due From Primary Government - - 4,789 413 5,202
Restricted Assets 630,199 - 23,425 423,105 1,076,729
Inventories - - - 5,954 5,954
Other Current Assets - 4,223 63 14,119 18,405
Total Current Assets 630,199 60,275 121,218 1,073,686 1,885,378
Noncurrent Assets:
Investments - 122,263 - 83,346 205,609
Accounts, Net of Allowances - - - 30,472 30,472
Loans, Net of Allowances - - - 441,073 441,073
Restricted Assets 4,348,509 - 96,262 63,754 4,508,525
Capital Assets, Net of Accumulated Depreciation 3,599 871 322,613 466,011 793,094
Other Noncurrent Assets - 4,834 - 49,304 54,138
Total Noncurrent Assets 4,352,108 127,968 418,875 1,133,960 6,032,911
Total Assets 4,982,307 188,243 540,093 2,207,646 7,918,289
Deferred Outflows of Resources
Accumulated Decrease in Fair Value of Hedging Derivatives 74,671 - 23,870 - 98,541
Unamortized Losses on Bond Refundings 64,465 - 1,876 - 66,341
Related to Pensions 9,828 4,561 - 5,354 19,743
Other - - - 72 72
Total Deferred Outflows of Resources 148,964 4,561 25,746 5,426 184,697
Liabilities
Current Liabilities:
Accounts Payable and Accrued Liabilities 20,909 10,140 14,195 78,891 124,135
Current Portion of Long-Term Obligations 339,314 8,741 6,690 15,051 369,796
Due To Primary Government - - 922 34,701 35,623
Amount Held for Institutions - - - 318,694 318,694
Other Liabilities - 31,704 5,804 10,902 48,410
Total Current Liabilities 360,223 50,585 27,611 458,239 896,658
Noncurrent Liabilities:
Pension Liability 65,654 40,525 57,383 43,085 206,647
Noncurrent Portion of Long-Term Obligations 3,816,340 122,767 140,161 558,409 4,637,677
Total Noncurrent Liabilities 3,881,994 163,292 197,544 601,494 4,844,324
Total Liabilities 4,242,217 213,877 225,155 1,059,733 5,740,982
Other Deferred Inflows
Unamortized Investment Earnings - - - (3) (3)
Related to Pensions - 4,573 1,492 1,592 7,657
Other Deferred Inflows - - - 1,889 1,889
Total Deferred Inflows of Resources - 4,573 1,492 3,478 9,543
Net Position
Net Investment in Capital Assets 3,599 871 196,627 320,619 521,716
Restricted:
Debt Service - - 7,276 - 7,276
Bond Indentures 885,455 - 2,101 - 887,556
Expendable Endowments - - - 85,872 85,872
Nonexpendable Endowments - - - 355,533 355,533
Capital Projects - - 110,309 - 110,309
Other Purposes - (9,009) - 89,908 80,899
Unrestricted (Deficit) - (17,508) 22,879 297,929 303,300
Total Net Position $889,054 $(25,646) $339,192 $1,149,861 $2,352,461

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