| Statement of Revenues, Expenses and | |||||||||
| Changes in Fund Net Assets | |||||||||
| Proprietary Funds | |||||||||
| For the Fiscal Year Ended June 30, 2003 | |||||||||
| (Expressed in Thousands) | |||||||||
| Business-Type Activities |
Business-Type Activities |
Govern- mental |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| Enterprise Funds | Enterprise Funds | Activities | |||||||
| Bradley |
Connec- ticut |
Internal | |||||||
| Higher |
Inter- national |
Lottery |
Employ- ment |
Clean | Other | Service | |||
|
Edu- cation |
Airport |
Corpor- ation |
Security | Water | Funds | Total | Funds | ||
| Operating Revenues | |||||||||
| Charges for Sales and Services | $790,997 | $36,687 | $865,290 | $- | $- | $17,546 | $1,710,520 | $122,135 | |
| Assessments | - | - | - | 570,968 | - | 88,713 | 659,681 | - | |
| Intergovernmental | 209,752 | - | - | 203,297 | - | - | 413,049 | - | |
| Private Gifts and Grants | 49,373 | - | - | - | - | - | 49,373 | - | |
| Interest on Loans | - | - | - | - | 12,008 | 931 | 12,939 | - | |
| Other | 96,916 | - | 373 | 6,111 | - | 8,919 | 112,319 | 937 | |
| Total Operating Revenues | 1,147,038 | 36,687 | 865,663 | 780,376 | 12,008 | 116,109 | 2,957,881 | 123,072 | |
| Operating Expenses | |||||||||
| Cost of Sales and Services | 152,893 | - | 594,973 | - | - | 9,169 | 757,035 | 80,076 | |
| Salaries, Wages and Administrative | 1,333,053 | 31,254 | 11,026 | - | 481 | 9,553 | 1,385,367 | 32,304 | |
| Unemployment Compensation | - | - | - | 963,201 | - | - | 963,201 | - | |
| Claims Paid | - | - | - | - | - | 40,402 | 40,402 | - | |
| Depreciation and Amortization | 126,609 | 12,913 | 839 | - | - | 1,006 | 141,367 | 9,848 | |
| Other | 354,607 | - | 3,614 | - | - | - | 358,221 | - | |
| Total Operating Expenses | 1,967,162 | 44,167 | 610,452 | 963,201 | 481 | 60,130 | 3,645,593 | 122,228 | |
| Operating Income (Loss) | (820,124) | (7,480) | 255,211 | (182,825) | 11,527 | 55,979 | (687,712) | 844 | |
| Nonoperating Revenue (Expenses) | |||||||||
| Interest and Investment Income | 13,532 | 6,692 | 33,222 | 33,772 | 20,897 | 3,221 | 111,336 | 83 | |
| Interest and Fiscal Charges | (10,724) | (10,156) | (32,762) | - | (28,631) | (12,412) | (94,685) | - | |
| Other | 45,025 | 12,907 | 1,392 | - | (323) | (91) | 58,910 | - | |
| Total Nonoperating Revenues (Expenses) | 47,833 | 9,443 | 1,852 | 33,772 | (8,057) | (9,282) | 75,561 | 83 | |
| Income (Loss) Before Capital Contributions, Grants, | |||||||||
| Special Item, Extraordinary Item and Transfers | (772,291) | 1,963 | 257,063 | (149,053) | 3,470 | 46,697 | (612,151) | 927 | |
| Capital Contributions | 5,154 | 5,041 | - | - | - | - | 10,195 | 179 | |
| Federal Grants | - | - | - | - | 17,661 | 16,139 | 33,800 | - | |
| Special Item-Loss on Disposal of Capital Assets | (2,455) | - | - | - | - | - | (2,455) | - | |
| Extraordinary Item-Loss on Early Retirement of Debt | - | - | - | - | - | (4,010) | (4,010) | - | |
| Transfers In | 894,634 | 8,516 | - | - | 6,161 | 7,320 | 916,631 | - | |
| Transfers Out | - | - | (256,815) | (3,251) | (7,319) | (8,978) | (276,363) | - | |
| Change in Net Assets | 125,042 | 15,520 | 248 | (152,304) | 19,973 | 57,168 | 65,647 | 1,106 | |
| Total Net Assets (Deficit) - Beginning (as restated) | 2,410,931 | 198,942 | 2,810 | 798,703 | 463,779 | (65,740) | 3,809,425 | 32,287 | |
| Total Net Assets (Deficit) - Ending | $2,535,973 | $214,462 | $3,058 | $646,399 | $483,752 | $(8,572) | $3,875,072 | $33,393 | |
The accompanying notes are an integral part of the financial statements.