Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2008 COMBINING FUNDS STATEMENTS AND SCHEDULES - NONMAJOR FUNDS - Combining Statement of Net Assets Nonmajor Component Units

State of Connecticut

Combining Statement of Net Assets
Nonmajor Component Units

June 30, 2008
(Expressed in Thousands)
Connecticut
Higher Capital
Education Connecticut City
Connecticut Supplemental Resources Connecticut Economic
Development Loan Recovery Innovations, Development UConn
Authority Authority Authority Incorporated Authority Foundation Total
Assets              
Current Assets:              
Cash and Cash Equivalents $56,829 $1,731 $106,104 $33,212 $5,094 $1,136 $204,106
Investments 23 - - 29,178 - 351,894 381,095
Receivables:              
Accounts, Net of Allowances 138 - 22,202 - 510 6,291 29,141
Loans, Net of Allowances 9,433 10,817 - - - - 20,250
Interest Receivable 243 719 - - - - 962
Due From Primary Government 12,800 - - - - - 12,800
Restricted Assets - 44,376 37,409 - - - 81,785
Inventories - - 3,610 - 100 - 3,710
Other Current Assets 425 - 1,128 412 244 - 2,209
Total Current Assets 79,891 57,643 170,453 62,802 5,948 359,321 736,058
Noncurrent Assets:              
Investments 1,931 - - 38,642 - - 40,573
Accounts, Net of Allowances 6,825 - - - - 19,339 26,164
Loans, Net of Allowances 28,071 97,374 - - - - 125,445
Restricted Assets 11,030 12,300 37,281 - 11,426 893 72,930
Capital Assets, Net of Accumulated Depreciation 219 - 148,216 1,007 266,650 5,182 421,274
Other Noncurrent Assets 398 2,838 3,978 - 1,355 1,211 9,780
Total Noncurrent Assets 48,474 112,512 189,475 39,649 279,431 26,625 696,166
Total Assets 128,365 170,155 359,928 102,451 285,379 385,946 1,432,224
Liabilities              
Current Liabilities:              
Accounts Payable & Accrued Liabilities 2,698 925 25,479 793 2,411 6,757 39,063
Current Portion of Long-Term Obligations 3,880 6,292 15,128 - 2,037 210 27,547
Other Liabilities 826 - - 10,358 - - 11,184
Total Current Liabilities 7,404 7,217 40,607 11,151 4,448 6,967 77,794
Noncurrent Liabilities:              
Noncurrent Portion of Long-Term Obligations 22,836 149,882 69,849 - 99,893 9,834 352,294
Total Noncurrent Liabilities 22,836 149,882 69,849 - 99,893 9,834 352,294
Total Liabilities 30,240 157,099 110,456 11,151 104,341 16,801 430,088
Net Assets              
Invested in Capital Assets, Net of Related Debt 219 - 135,575 1,007 165,830 (1,538) 301,093
Restricted:              
Debt Service 11,030 - 6,151 - - - 17,181
Expendable Endowments - - - - - 109,978 109,978
Nonexpendable Endowments - - - - - 249,762 249,762
Other Purposes - - 39,725 - 11,426 - 51,151
Unrestricted 86,876 13,056 68,021 90,293 3,782 10,943 272,971
Total Net Assets $98,125 $13,056 $249,472 $91,300 $181,038 $369,145 $1,002,136