Ka Wai Ola - Office of Hawaiian Affairs, Volume 18, Number 7, 1 July 2001 — OHA FINANCIAL REPORT [ARTICLE]

OHA FINANCIAL REPORT

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ASSETS, LIABILITIES AND FUND EQUITY ASSETS FUNDS ACCOUNT GROUPS Cash in State Treasury $ 8,974,302 Cash in outside accounts 15,504,262 Accounts/other receivables 1,517,848 Notes receivable, net of allowanee for doubtful 14,776,958 accounts of $4,614,515 Interest/dividends receivable 2,087,881 Interfund receivable 222,799 Prepaid expenses and security deposits 360,826 Investments 308,133,043 Land/building $1,129,242 Leasehold improvements 538,405 Machinery, equipment, furniture, fixtures 1,492,969 Provided for payment of: • Vacation benefits/comp time off 525,810 • Estimated claims and judgments 365,550 • Operating lease rents/capital lease 1,063,404 TOTAL ASSETS $351,577,919 $5,115,380 LIABILITIES AND FUND EQUITY Liabilities: Due to state $ 110,000 Accounts/other payables 1,222,500 Inter-fund payable 222,799 Vacation benefits/comp. time off $525,810 Operabng lease rents 1,021,416 Estimated claims and judgments 365,550 Capital lease obligation 41,988 TOTAL LIA8ILITIES $ 1,555,299 $1,954,764 Fund Equity: Investments in fixed assets Fund balance $3, 1 60,6 1 6 • Reserved $ 20,052,238 • Designated 32,087,951 • Undesignated 297,882,431 Total Fund Equity $350,022,620 $3,160,616 TOTAL LIABILITIES AND FUND EQUITY $351,577,919 $5,115J80

REVENUES, EXPENDITURES, CHANGES IN FUND BALANCES REVENUES State general fund appropriations ^ S Q7s'oan Public land trust ' ' 9 313 922 Dividend and interest ineome ' ' Native Hawaiian Rights Fund ' Federal and other granLs ' ' 63 464 Newspaper ads, donations, other revenues 85 365 Non-imposed fringe benefits Hawaiian Projects Fund TOTAL REVENUES $ 19,249^471 EXPENDITURES Current programs: • Board of Trustees j 4 378 787 • Administration 3 j 22 492 • Program Systems 4,085,441 • Hawaiian Rights ] 473 948 īOīAL EXPENDlTURE$ $ 13,059,669~ EXCESS (deficiency) of revenues over expenditures j 6,189,803 OTHER FINANCING SOURCES (USES) Realized gain on sale of investments $ (2,226,288) Net increase (decrease) in unrealized gain (loss) on investments held (44,141,796) Lapse of cash to State General Fund (67,397) Operating inter-fund transfers in 172 535 Operating inter-fund transfers out (172,535) TOTAL OTHER FINANCING SOURCES (USES) $ (46.435.581) EXCESS (deficiency) of revenues and other financing sources over expenditures and other financing uses j ^ 345 77^ FUND BALANCE, BEGINNING OF PERIOD $390 268398 FUND BALANCE, ENP OF PERIOD $350,022,620

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