Statement of Net Position | ||||
Component Units | ||||
June 30, 2013 | ||||
(Expressed in Thousands) | ||||
Connecticut | ||||
---|---|---|---|---|
Housing | ||||
Finance | Connecticut | Other | ||
Authority | Lottery | Component | ||
Assets | (12-31-12) | Corporation | Units | Total |
Cash and Cash Equivalents | $- | $11,164 | $210,234 | $221,398 |
Investments | - | 18,449 | 381,044 | 399,493 |
Receivables: | ||||
Accounts, Net of Allowances | - | 34,498 | 29,599 | 64,097 |
Loans, Net of Allowances | - | - | 26,372 | 26,372 |
Other | - | 2,809 | 1,737 | 4,546 |
Due From Primary Government | - | - | 7,220 | 7,220 |
Restricted Assets | 1,262,966 | - | 553,023 | 1,815,989 |
Inventories | - | - | 6,644 | 6,644 |
Other Current Assets | - | 2,283 | 2,461 | 4,744 |
Total Current Assets | 1,262,966 | 69,203 | 1,218,334 | 2,550,503 |
Noncurrent Assets: | ||||
Investments | - | 128,584 | 69,041 | 197,625 |
Accounts, Net of Allowances | - | - | 31,615 | 31,615 |
Loans, Net of Allowances | - | - | 148,049 | 148,049 |
Restricted Assets | 4,135,034 | - | 96,287 | 4,231,321 |
Capital Assets, Net of Accumulated Depreciation | 3,276 | 1,685 | 394,977 | 399,938 |
Other Noncurrent Assets | - | 5,264 | 16,000 | 21,264 |
Total Noncurrent Assets | 4,138,310 | 135,533 | 755,969 | 5,029,812 |
Total Assets | 5,401,276 | 204,736 | 1,974,303 | 7,580,315 |
Deferred Outflows of Resources | ||||
Accumulated Decrease in Fair Value of Hedging | ||||
Derivatives | 200,205 | - | 1,976 | 202,181 |
Liabilities | ||||
Current Liabilities: | ||||
Accounts Payable and Accrued Liabilities | 26,171 | 17,036 | 37,918 | 81,125 |
Current Portion of Long-Term Obligations | 306,370 | 19,141 | 31,760 | 357,271 |
Unearned Revenue | - | 722 | 663 | 1,385 |
Due To Primary Government | - | - | - | - |
Amount Held for Institutions | - | - | 507,778 | 507,778 |
Other Liabilities | 26,429 | 34,791 | 5,160 | 66,380 |
Total Current Liabilities | 358,970 | 71,690 | 583,279 | 1,013,939 |
Noncurrent Liabilities: | ||||
Noncurrent Portion of Long-Term Obligations | 4,284,160 | 129,290 | 371,892 | 4,785,342 |
Total Noncurrent Liabilities | 4,284,160 | 129,290 | 371,892 | 4,785,342 |
Total Liabilities | 4,643,130 | 200,980 | 955,171 | 5,799,281 |
Net Position | ||||
Net Investment in Capital Assets | 3,276 | 1,685 | 237,685 | 242,646 |
Restricted: | ||||
Debt Service | - | - | 59,545 | 59,545 |
Bond Indentures | 985,150 | - | - | 985,150 |
Expendable Endowments | - | - | 102,723 | 102,723 |
Nonexpendable Endowments | - | - | 306,230 | 306,230 |
Capital Projects | - | - | - | - |
Other Purposes | - | 5,830 | 37,716 | 43,546 |
Unrestricted (Deficit) | (30,075) | (3,759) | 277,209 | 243,375 |
Total Net Position | $958,351 | $3,756 | $1,021,108 | $1,983,215 |
The accompanying notes are an integral part of the financial statements.