| Statement of Net Assets | ||||
| June 30, 2012 | ||||
| (Expressed in Thousands) | ||||
| Primary Government | ||||
|---|---|---|---|---|
| Governmental | Business-Type | Component | ||
| Activities | Activities | Total | Units | |
| Assets | ||||
| Current Assets: | ||||
| Cash and Cash Equivalents | $421,874 | $715,380 | $1,137,254 | $203,543 |
| Deposits with U.S. Treasury | - | 198,965 | 198,965 | - |
| Investments | 113,087 | 52,630 | 165,717 | 354,474 |
| Receivables, (Net of Allowances) | 2,364,105 | 811,354 | 3,175,459 | 47,505 |
| Due from Primary Government | - | - | - | 7,259 |
| Inventories | 47,959 | 14,238 | 62,197 | 6,479 |
| Restricted Assets | - | 176,427 | 176,427 | 1,629,369 |
| Internal Balances | (189,659) | 189,659 | - | - |
| Other Current Assets | 16,784 | 14,650 | 31,434 | 6,994 |
| Total Current Assets | 2,774,150 | 2,173,303 | 4,947,453 | 2,255,623 |
| Noncurrent Assets: | ||||
| Cash and Cash Equivalents | - | 355,034 | 355,034 | - |
| Due From Component Units | 23,206 | - | 23,206 | - |
| Investments | - | 171,261 | 171,261 | 54,042 |
| Receivables, (Net of Allowances) | 334,694 | 734,490 | 1,069,184 | 181,145 |
| Restricted Assets | 703,376 | 575,117 | 1,278,493 | 4,700,842 |
| Capital Assets, (Net of Accumulated Depreciation) | 10,965,884 | 3,596,806 | 14,562,690 | 407,702 |
| Other Noncurrent Assets | 109,135 | 61,081 | 170,216 | 22,438 |
| Total Noncurrent Assets | 12,136,295 | 5,493,789 | 17,630,084 | 5,366,169 |
| Total Assets | 14,910,445 | 7,667,092 | 22,577,537 | 7,621,792 |
| Liabilities | ||||
| Current Liabilities: | ||||
| Accounts Payable and Accrued Liabilities | 682,804 | 279,718 | 962,522 | 61,161 |
| Notes Payable | - | - | - | - |
| Due to Component Units | 7,259 | - | 7,259 | - |
| Due to Other Governments | 197,067 | 2,558 | 199,625 | - |
| Current Portion of Long-Term Obligations | 1,733,056 | 194,583 | 1,927,639 | 297,672 |
| Amount Held for Institutions | - | - | - | 571,404 |
| Deferred Revenue | 12,727 | 229,005 | 241,732 | 9,383 |
| Medicaid Liability | 547,110 | - | 547,110 | - |
| Liability for Escheated Property | 242,216 | - | 242,216 | - |
| Other Current Liabilities | 76,470 | 77,859 | 154,329 | 31,950 |
| Total Current Liabilities | 3,498,709 | 783,723 | 4,282,432 | 971,570 |
| Noncurrent Liabilities: | ||||
| Non-Current Portion of Long-Term Obligations | 26,442,600 | 2,408,318 | 28,850,918 | 4,706,120 |
| Total Noncurrent Liabilities | 26,442,600 | 2,408,318 | 28,850,918 | 4,706,120 |
| Total Liabilities | 29,941,309 | 3,192,041 | 33,133,350 | 5,677,690 |
| Net Assets | ||||
| Invested in Capital Assets, Net of Related Debt | 5,305,440 | 2,953,034 | 8,258,474 | 267,569 |
| Restricted For: | ||||
| Transportation | 119,222 | - | 119,222 | - |
| Debt Service | 664,714 | 25,827 | 690,541 | 20,292 |
| Federal Grants and Other Accounts | 407,731 | - | 407,731 | - |
| Capital Projects | 236,469 | 261,102 | 497,571 | - |
| Unemployment Compensation | - | - | - | - |
| Clean Water and Drinking Water Projects | - | 618,956 | 618,956 | - |
| Bond Indenture Requirements | - | 2,109 | 2,109 | 993,296 |
| Loans | - | 3,506 | 3,506 | - |
| Permanent Investments or Endowments: | ||||
| Expendable | 940 | - | 940 | 93,929 |
| Nonexpendable | 100,659 | 11,994 | 112,653 | 283,329 |
| Other Purposes | 112,238 | 182,206 | 294,444 | 46,652 |
| Unrestricted (Deficit) | (21,978,277) | 416,317 | (21,561,960) | 239,035 |
| Total Net Assets (Deficit) | $(15,030,864) | $4,475,051 | $(10,555,813) | $1,944,102 |
The accompanying notes are an integral part of the financial statements.