| Statement of Net Position | |||||
| Component Units | |||||
| June 30, 2015 | |||||
| (Expressed in Thousands) | |||||
| Connecticut | |||||
|---|---|---|---|---|---|
| Housing | |||||
| Finance | Connecticut | Connecticut | Other | ||
| Authority | Lottery | Airport | Component | ||
| Assets | (12-31-14) | Corporation | Authority | Units | Total |
| Current Assets: | |||||
| Cash and Cash Equivalents | $- | $10,174 | $70,291 | $169,519 | $249,984 |
| Investments | - | 10,957 | - | 413,528 | 424,485 |
| Receivables: | |||||
| Accounts, Net of Allowances | - | 31,109 | 6,118 | 52,336 | 89,563 |
| Loans, Net of Allowances | - | - | - | 22,436 | 22,436 |
| Other | - | 1,882 | - | 2,030 | 3,912 |
| Due From Other Governments | - | - | 8,646 | - | 8,646 |
| Due From Primary Government | - | - | 5,874 | 1,102 | 6,976 |
| Restricted Assets | 699,499 | - | 3,020 | 399,085 | 1,101,604 |
| Inventories | - | - | - | 5,916 | 5,916 |
| Other Current Assets | - | 3,490 | 212 | 11,689 | 15,391 |
| Total Current Assets | 699,499 | 57,612 | 94,161 | 1,077,641 | 1,928,913 |
| Noncurrent Assets: | |||||
| Investments | - | 119,397 | - | 78,048 | 197,445 |
| Accounts, Net of Allowances | - | - | - | 30,928 | 30,928 |
| Loans, Net of Allowances | - | - | - | 488,369 | 488,369 |
| Restricted Assets | 4,290,903 | - | 109,002 | 94,813 | 4,494,718 |
| Capital Assets, Net of Accumulated Depreciation | 3,260 | 1,180 | 344,713 | 449,449 | 798,602 |
| Other Noncurrent Assets | - | 4,986 | - | 55,106 | 60,092 |
| Total Noncurrent Assets | 4,294,163 | 125,563 | 453,715 | 1,196,713 | 6,070,154 |
| Total Assets | 4,993,662 | 183,175 | 547,876 | 2,274,354 | 7,999,067 |
| Deferred Outflows of Resources | |||||
| Accumulated Decrease in Fair Value of Hedging | |||||
| Derivatives | 85,603 | - | 19,291 | - | 104,894 |
| Unamortized Losses on Bond Refundings | 69,903 | - | 1,999 | - | 71,902 |
| Related to Pensions | - | 2,181 | - | 4,981 | 7,162 |
| Other | - | - | - | 88 | 88 |
| Total Deferred Outflows of Resources | 155,506 | 2,181 | 21,290 | 5,069 | 184,046 |
| Liabilities | |||||
| Current Liabilities: | |||||
| Accounts Payable and Accrued Liabilities | 21,288 | 14,715 | 16,813 | 66,164 | 118,980 |
| Current Portion of Long-Term Obligations | 379,814 | 11,255 | 6,435 | 18,368 | 415,872 |
| Due To Primary Government | - | - | 2,926 | 33,109 | 36,035 |
| Amount Held for Institutions | - | - | - | 320,224 | 320,224 |
| Other Liabilities | - | 27,882 | 1,779 | 19,171 | 48,832 |
| Total Current Liabilities | 401,102 | 53,852 | 27,953 | 457,036 | 939,943 |
| Noncurrent Liabilities: | |||||
| Pension Liability | - | 44,624 | 57,359 | 42,919 | 144,902 |
| Noncurrent Portion of Long-Term Obligations | 3,784,019 | 119,941 | 142,271 | 604,474 | 4,650,705 |
| Total Noncurrent Liabilities | 3,784,019 | 164,565 | 199,630 | 647,393 | 4,795,607 |
| Total Liabilities | 4,185,121 | 218,417 | 227,583 | 1,104,429 | 5,735,550 |
| Other Deferred Inflows | |||||
| Unamortized Investment Earnings | - | 1,594 | 2,049 | 1,533 | 5,176 |
| Other Deferred Inflows | - | - | - | - | - |
| Total Deferred Inflows of Resources | - | 1,594 | 2,049 | 1,533 | 5,176 |
| Net Position | |||||
| Net Investment in Capital Assets | 3,260 | 1,180 | 211,150 | 311,302 | 526,892 |
| Restricted: | |||||
| Debt Service | - | - | 7,424 | 23,814 | 31,238 |
| Bond Indentures | 962,516 | - | 2,100 | - | 964,616 |
| Expendable Endowments | - | - | - | 96,702 | 96,702 |
| Nonexpendable Endowments | - | - | - | 339,807 | 339,807 |
| Capital Projects | - | - | 102,499 | - | 102,499 |
| Other Purposes | - | (1,838) | - | 71,895 | 70,057 |
| Unrestricted (Deficit) | (1,729) | (33,997) | 16,361 | 329,941 | 310,576 |
| Total Net Position | $964,047 | $(34,655) | $339,534 | $1,173,461 | $2,442,387 |
The accompanying notes are an integral part of the financial statements.