| Statement of Net Assets | ||||
| June 30, 2010 | ||||
| (Expressed in Thousands) | ||||
| Primary Government | ||||
|---|---|---|---|---|
| Governmental | Business-Type | Component | ||
| Activities | Activities | Total | Units | |
| Assets | ||||
| Current Assets: | ||||
| Cash and Cash Equivalents | $631,340 | $750,398 | $1,381,738 | $160,413 |
| Deposits with U.S. Treasury | - | 204,190 | 204,190 | - |
| Investments | 790,103 | 49,553 | 839,656 | 314,731 |
| Receivables, (Net of Allowances) | 2,274,050 | 820,558 | 3,094,608 | 49,199 |
| Due from Primary Government | - | - | - | 13,019 |
| Inventories | 46,051 | 12,918 | 58,969 | 3,970 |
| Restricted Assets | - | 159,338 | 159,338 | 1,584,803 |
| Internal Balances | (267,814) | 267,814 | - | - |
| Other Current Assets | 24,303 | 16,187 | 40,490 | 4,622 |
| Total Current Assets | 3,498,033 | 2,280,956 | 5,778,989 | 2,130,757 |
| Noncurrent Assets: | ||||
| Cash and Cash Equivalents | - | 346,352 | 346,352 | - |
| Due From Component Units | 14,967 | - | 14,967 | - |
| Investments | - | 212,043 | 212,043 | 39,232 |
| Receivables, (Net of Allowances) | 253,757 | 620,007 | 873,764 | 174,467 |
| Restricted Assets | 691,201 | 542,449 | 1,233,650 | 4,339,732 |
| Capital Assets, (Net of Accumulated Depreciation) | 10,569,852 | 3,381,524 | 13,951,376 | 428,653 |
| Other Noncurrent Assets | 109,914 | 50,020 | 159,934 | 13,036 |
| Total Noncurrent Assets | 11,639,691 | 5,152,395 | 16,792,086 | 4,995,120 |
| Total Assets | 15,137,724 | 7,433,351 | 22,571,075 | 7,125,877 |
| Liabilities | ||||
| Current Liabilities: | ||||
| Accounts Payable and Accrued Liabilities | 811,819 | 291,798 | 1,103,617 | 64,377 |
| Notes Payable | 353,085 | - | 353,085 | - |
| Due to Component Units | 13,019 | - | 13,019 | - |
| Due to Other Governments | 125,961 | 918 | 126,879 | - |
| Current Portion of Long-Term Obligations | 1,716,298 | 203,846 | 1,920,144 | 188,879 |
| Amount Held for Institutions | - | - | - | 451,766 |
| Deferred Revenue | 14,700 | 225,504 | 240,204 | - |
| Medicaid Liability | 573,031 | - | 573,031 | - |
| Liability for Escheated Property | 532,762 | - | 532,762 | - |
| Other Current Liabilities | 275,870 | 70,386 | 346,256 | 28,274 |
| Total Current Liabilities | 4,416,545 | 792,452 | 5,208,997 | 733,296 |
| Noncurrent Liabilities: | ||||
| Non-Current Portion of Long-Term Obligations | 24,394,224 | 2,356,256 | 26,750,480 | 4,594,213 |
| Total Noncurrent Liabilities | 24,394,224 | 2,356,256 | 26,750,480 | 4,594,213 |
| Total Liabilities | 28,810,769 | 3,148,708 | 31,959,477 | 5,327,509 |
| Net Assets | ||||
| Invested in Capital Assets, Net of Related Debt | 4,910,178 | 2,671,350 | 7,581,528 | 286,142 |
| Restricted For: | ||||
| Transportation | 82,539 | - | 82,539 | - |
| Debt Service | 643,418 | 38,488 | 681,906 | 5,559 |
| Federal Grants and Other Accounts | 632,284 | - | 632,284 | - |
| Capital Projects | 227,823 | 211,913 | 439,736 | - |
| Unemployment Compensation | - | - | - | - |
| Clean Water and Drinking Water Projects | - | 729,588 | 729,588 | - |
| Bond Indenture Requirements | - | 2,120 | 2,120 | 877,749 |
| Loans | - | 5,808 | 5,808 | - |
| Permanent Investments or Endowments: | ||||
| Expendable | 2,190 | - | 2,190 | 79,812 |
| Nonexpendable | 93,193 | 12,017 | 105,210 | 258,498 |
| Other Purposes | 96,333 | 263,166 | 359,499 | 58,200 |
| Unrestricted (Deficit) | (20,361,003) | 350,193 | (20,010,810) | 232,408 |
| Total Net Assets (Deficit) | $(13,673,045) | $4,284,643 | $(9,388,402) | $1,798,368 |
The accompanying notes are an integral part of the financial statements.