Ka Wai Ola - Office of Hawaiian Affairs, Volume 37, Number 1, 1 January 2020 — STATEMENT OF NET POSITION [ARTICLE]

STATEMENT OF NET POSITION

OFFICE OF HAWAIIAN AFFAIRS I STATE OF HAWAI'I

FOR THE FISCAL YEAR ENDING JUNE 30, 2019 (DOLLARS IN THOUSANDS)

(A) Same as lastyear as the FY19 final information is notyet made available.

GOVERNMENTAL ACTIVITIES ASSETS: Petty cash $ 1 Cash:

Held in State Treasury 6,044 Held in bank 14,275 Held by investment managers 3,926 Restricted cash 270 Accounts receivable, net 1,527 Interest and dividends receivable 167 Inventory, prepaid items and other assets 1,294 Notes receivable, net: Due within one year 1,477 Due after one year 4,978 Investments 406,101 Capital assets - net 232,269 TOTAL ASSETS 672,329 Deferred outflows of resources related to pensions 7,089 (A) Deferred outflows of resources related to OPEB 1,882 (A)

TOTAL ASSETS AND DEFERRED OUTFLOWS OF RESOURCES $ 681,300 LIABILITIES: Accounts payable and accrued liabilities $ 5,811 Due to State of Hawai'i 300 Long-term liabilities: Due within one year 2,574 Due after one year 25,005 Other liabilities due in more than one year: Net Pension liability 31,892 Net OPEB liability 33,325 TOTAL LIABILITIES 98,907 Deferred inflows of resources related to pensions 421 (A) Deferred inflows of resources related to OPEB 38 (A)

TOTAL LIABILITIES AND DEFERRED INFLOWS OF RESOURCES 99,366 COMMITMENTS AND CONTINGENCIES NET POSITION: Invested in capital assets, net of related debt 206,280 Restricted 25,323 Unrestricted 350,332 TOTAL NET POSITION 581,935 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION $ 681,300