Notes to the Financial Statements
June 30, 2009
Note 10 Capital Assets
Capital asset activity for the year was as follows (amounts in thousands):
| Beginning | Ending | ||||
|---|---|---|---|---|---|
| Balance (1) | Additions | Retirements | Balance | ||
| Governmental Activities | |||||
| Capital Assets not being Depreciated: | |||||
| Land | $ 1,399,842 | $ 948,028 | $ 53,307 | $ 2,294,563 | |
| Construction in Progress | 1,342,448 | 809,315 | 814,600 | 1,337,163 | |
| Total Capital Assets not being Depreciated | 2,742,290 | 1,757,343 | 867,907 | 3,631,726 | |
| Other Capital Assets: | |||||
| Buildings | 2,754,166 | 164,332 | 36,317 | 2,882,181 | |
| Improvements Other than Buildings | 463,726 | 72,192 | 65,748 | 470,170 | |
| Equipment | 1,718,326 | 144,367 | 140,825 | 1,721,868 | |
| Infrastructure | 11,629,766 | 647,748 | - | 12,277,514 | |
| Total Other Capital Assets at Historical Cost | 16,565,984 | 1,028,639 | 242,890 | 17,351,733 | |
| Less: Accumulated Depreciation For: | |||||
| Buildings | 1,637,572 | 72,055 | 36,317 | 1,673,310 | |
| Improvements Other than Buildings | 290,342 | 23,692 | 65,748 | 248,286 | |
| Equipment | 1,381,206 | 287,552 | 140,825 | 1,527,933 | |
| Infrastructure | 5,971,020 | 487,357 | - | 6,458,377 | |
| Total Accumulated Depreciation | 9,280,140 | 870,656 | * | 242,890 | 9,907,906 |
| Other Capital Assets, Net | 7,285,844 | 157,983 | - | 7,443,827 | |
| Governmental Activities, Capital Assets, Net | $ 10,028,134 | $ 1,915,326 | $ 867,907 | $ 11,075,553 | |
| (1) Restated. See Note No. 22. | |||||
| * Depreciation expense was charged to functions as follows: | |||||
| Governmental Activities: | |||||
| Legislative | $ 5,918 | ||||
| General Government | 61,532 | ||||
| Regulation and Protection | 30,807 | ||||
| Conservation and Development | 15,699 | ||||
| Health and Hospitals | 14,393 | ||||
| Transportation | 611,681 | ||||
| Human Services | 2,282 | ||||
| Education, Libraries and Museums | 36,551 | ||||
| Corrections | 51,002 | ||||
| Judicial | 22,099 | ||||
| Capital assets held by the government's internal | |||||
| service funds are charged to the various functions | |||||
| based on the usage of the assets | 18,692 | ||||
| Total Depreciation Expense | $ 870,656 |
| Beginning | Ending | |||
|---|---|---|---|---|
| Balance (1) | Additions | Retirements | Balance | |
| Business-Type Activities | ||||
| Capital Assets not being Depreciated: | ||||
| Land | $ 59,969 | $ - | $ 341 | $ 59,628 |
| Construction in Progress | 249,661 | 61,974 | 118,500 | 193,135 |
| Total Capital Assets not being Depreciated | 309,630 | 61,974 | 118,841 | 252,763 |
| Capital Assets being Depreciated: | ||||
| Buildings | 3,583,211 | 208,005 | 7,463 | 3,783,753 |
| Improvements Other Than Buildings | 472,244 | 22,461 | 2 | 494,703 |
| Equipment | 930,661 | 69,349 | 60,853 | 939,157 |
| Infrastructure | - | - | - | - |
| Total Other Capital Assets at Historical Cost | 4,986,116 | 299,815 | 68,318 | 5,217,613 |
| Less: Accumulated Depreciation For: | ||||
| Buildings | 1,177,411 | 119,113 | 5,519 | 1,291,005 |
| Improvements Other Than Buildings | 222,742 | 20,688 | - | 243,430 |
| Equipment | 569,643 | 65,551 | 50,808 | 584,386 |
| Total Accumulated Depreciation | 1,969,796 | 205,352 | 56,327 | 2,118,821 |
| Other Capital Assets, Net | 3,016,320 | 94,463 | 11,991 | 3,098,792 |
| Business-Type Activities, Capital Assets, Net | $ 3,325,950 | $ 156,437 | $ 130,832 | $ 3,351,555 |
Component Units
Capital assets of the component units consisted of the following as of June 30, 2009 (amounts in thousands):
| Land | $ 29,031 |
| Buildings | 8,881 |
| Improvements other than Buildings | 2,851 |
| Machinery and Equipment | 724,056 |
| Construction in Progress | 14,226 |
| Total Capital Assets | 779,045 |
| Accumulated Depreciation | (336,454) |
| Capital Assets, net | $ 442,591 |