June 30, 1996
(Expressed in Thousands)
| Connecticut Development Authority | Connecticut Housing Finance Authority (12-31-95) | Connecticut Resources Recovery Authority | Connecticut Higher Education Supplemental Loan Authority |
Connecticut Health & Educational Facilities Authority | Connecticut Innovations, Incorporated | Total | |
|---|---|---|---|---|---|---|---|
| Operating Revenues: | |||||||
| Charges for Services. | $1,941 | - | $136,839 | $ - | $ - | $39 | $138,819 |
| Interest on Financing Activities | 12,231 | 170,636 | - | 5,392 | 117,743 | 2,508 | 308,510 |
| Civic Center Lease Operations | 6,424 | - | - | - | - | - | 6,424 |
| Miscellaneous | 401 | 8,788 | 8,611 | 583 | 2,290 | 2,705 | 23,378 |
| Total Operating Revenues | 20,997 | 179,424 | 145,450 | 5,975 | 120,033 | 5,252 | 477,131 |
| Operating Expenses: | |||||||
| Administrative | 4,531 | 19,950 | 98,502 | 1,059 | 1,393 | 2,780 | 128,215 |
| Depreciation and Amortization | 508 | 5,397 | 17,287 | 148 | 45 | 82 | 23,467 |
| Other Program Expenses | 430 | 17,229 | 3,090 | 736 | 681 | 2,525 | 24,691 |
| Interest on Financing Activities | 7,610 | 174,752 | - | 4,939 | 117,743 | - | 305,044 |
| Civic Center Lease Operations | 7,806 | - | - | - | - | - | 7,806 |
| Arbitrage Rebate | - | 1,194 | - | - | - | - | 1,194 |
| Total Operating Expenses | 20,885 | 218,522 | 118,879 | 6,882 | 119,862 | 5,387 | 490,417 |
| Operating Income (Loss) | 112 | (39,098) | 26,571 | (907) | 171 | (135) | (13,286) |
| Nonoperating Revenues (Expenses): | |||||||
| Interest and Investment Income | 3,362 | 48,996 | 6,018 | 1,292 | 609 | 1,842 | 62,119 |
| Interest and Fiscal Charges | - | - | (24,531) | - | - | - | (24,531) |
| Other | (3,249) | (379) | 4,727 | - | 9 | (376) | 732 |
| Sale of Foreclosed Real Estate | - | 4,847 | - | - | - | - | 4,847 |
| Total Nonoperating Income (Expense) | 113 | 53,464 | (13,786) | 1,292 | 618 | 1,466 | 43,167 |
| Net Income (Loss) | 225 | 14,366 | 12,785 | 385 | 789 | 1,331 | 29,881 |
| Add Items Affecting Contributed Capital: | |||||||
| Depreciation on Equipment Acquired through Capital Grants | - | - | 168 | - | - | - | 168 |
| Total Add Back Items | - | - | 168 | - | - | - | 168 |
| Retained Earnings-July 1 | (10,666) | 335,740 | 13,877 | 153 | 10,553 | (21,394) | 328,263 |
| Retained Earnings-June 30 | $(10,441) | $350,106 | $26,830 | $538 | $11,342 | $(20,063) | $358,312 |