| Statement of Net Assets | ||||
| June 30, 2009 | ||||
| (Expressed in Thousands) | ||||
| Primary Government | ||||
|---|---|---|---|---|
| Governmental | Business-Type | Component | ||
| Activities | Activities | Total | Units | |
| Current Assets: | ||||
| Cash and Cash Equivalents | $641,367 | $647,787 | $1,289,154 | $199,372 |
| Deposits with U.S. Treasury | - | 243,629 | 243,629 | - |
| Investments | 482,427 | 50,011 | 532,438 | 287,104 |
| Receivables, (Net of Allowances) | 2,177,947 | 806,863 | 2,984,810 | 42,456 |
| Due from Primary Government | - | - | - | 13,108 |
| Inventories | 54,952 | 11,954 | 66,906 | 3,694 |
| Restricted Assets | - | 141,565 | 141,565 | 1,248,737 |
| Internal Balances | (102,089) | 102,089 | - | - |
| Other Current Assets | 17,536 | 14,536 | 32,072 | 2,900 |
| Total Current Assets | 3,272,140 | 2,018,434 | 5,290,574 | 1,797,371 |
| Noncurrent Assets: | ||||
| Cash and Cash Equivalents | - | 268,896 | 268,896 | - |
| Due From Component Units | 9,793 | - | 9,793 | - |
| Investments | - | 240,203 | 240,203 | 39,632 |
| Receivables, (Net of Allowances) | 235,818 | 608,024 | 843,842 | 166,081 |
| Restricted Assets | 679,779 | 684,507 | 1,364,286 | 4,329,972 |
| Capital Assets, (Net of Accumulated Depreciation) | 11,075,553 | 3,351,555 | 14,427,108 | 442,591 |
| Other Noncurrent Assets | 75,669 | 41,334 | 117,003 | 8,789 |
| Total Noncurrent Assets | 12,076,612 | 5,194,519 | 17,271,131 | 4,987,065 |
| Total Assets | 15,348,752 | 7,212,953 | 22,561,705 | 6,784,436 |
| Liabilities | ||||
| Current Liabilities: | ||||
| Accounts Payable and Accrued Liabilities | 691,971 | 289,174 | 981,145 | 72,770 |
| Notes Payable | 353,085 | - | 353,085 | - |
| Due to Component Units | 13,108 | - | 13,108 | - |
| Due to Other Governments | 150,651 | 284 | 150,935 | - |
| Current Portion of Long-Term Obligations | 954,162 | 182,597 | 1,136,759 | 166,235 |
| Amount Held for Institutions | - | - | - | 446,227 |
| Deferred Revenue | 81,422 | 204,553 | 285,975 | - |
| Medicaid Liability | 584,992 | - | 584,992 | - |
| Liability for Escheated Property | 339,429 | - | 339,429 | - |
| Other Current Liabilities | 176,956 | 56,027 | 232,983 | 30,005 |
| Total Current Liabilities | 3,345,776 | 732,635 | 4,078,411 | 715,237 |
| Noncurrent Liabilities: | ||||
| Non-Current Portion of Long-Term Obligations | 21,572,165 | 1,976,366 | 23,548,531 | 4,264,368 |
| Total Noncurrent Liabilities | 21,572,165 | 1,976,366 | 23,548,531 | 4,264,368 |
| Total Liabilities | 24,917,941 | 2,709,001 | 27,626,942 | 4,979,605 |
| Net Assets | ||||
| Invested in Capital Assets, Net of Related Debt | 5,499,602 | 2,611,952 | 8,111,554 | 299,724 |
| Restricted For: | ||||
| Transportation | 68,439 | - | 68,439 | - |
| Debt Service | 642,100 | 42,380 | 684,480 | 17,504 |
| Federal Grants and Other Accounts | 576,383 | - | 576,383 | - |
| Capital Projects | 179,927 | 195,822 | 375,749 | 18,843 |
| Unemployment Compensation | - | 362,403 | 362,403 | - |
| Clean Water and Drinking Water Projects | - | 696,365 | 696,365 | - |
| Bond Indenture Requirements | - | 2,349 | 2,349 | 885,718 |
| Loans | - | 6,159 | 6,159 | - |
| Permanent Investments or Endowments: | ||||
| Expendable | 2,348 | - | 2,348 | 72,984 |
| Nonexpendable | 85,834 | 12,802 | 98,636 | 247,353 |
| Other Purposes | 62,696 | 152,169 | 214,865 | 39,904 |
| Unrestricted (Deficit) | (16,686,518) | 421,551 | (16,264,967) | 222,801 |
| Total Net Assets (Deficit) | $(9,569,189) | $4,503,952 | $(5,065,237) | $1,804,831 |
The accompanying notes are an integral part of the financial statements.