For the Years Ended September 30, 2004 and September 30, 2003
(Dollars in Thousands)
Resources Used to Finance Activities: |
FY 2004 | FY 2003 (Restated) |
|---|---|---|
| Budgetary Resources Obligated: | ||
| Obligations Incurred | $ 68,209,545 |
$ 70,701,950 |
| Less: Spending Authority From Offsetting Collections and Recoveries | 9,911,412 |
13,993,437 |
| Obligations Net of Offsetting Collections and Recoveries | $ 58,298,133 |
$ 56,708,513 |
| Less: Offsetting Receipts | 756,863 |
739,051 |
| Net Obligations | $ 57,541,270 |
$ 55,969,462 |
| Other Resources: | ||
| Donations and Forfeitures of Property | $ (28,961) |
$ 32,218 |
| Transfers In/Out Without Reimbursement | (72,508) |
20,526,148 |
| Imputed Financing from Costs Absorbed by Others | 735,625 |
570,022 |
| Other: | ||
| Other Miscellaneous Resources | (28,639) |
(538) |
| Net Other Resources Used to Finance Activities | $ 605,517 |
$ 21,127,850 |
| Total Resources Used to Finance Activities | $ 58,146,787 |
$ 77,097,312 |
| Resources Used to Finance Items Not Part of the Net Cost of Operations: | ||
| Change in Budgetary Resources Obligated for Goods, Services and Benefits Ordered But Not Yet Provided | $ 2,527,554 |
$ 1,015,111 |
| Resources that Fund Expenses Recognized in Prior Periods | 423,023 |
29,261,734 |
| Budgetary Offsetting Collections and Receipts That Do Not Affect Net Cost of Operations: | ||
| Credit Program Collections Which Increase Liabilities for Loan Guarantees or Allowances for Subsidy | (72,899) |
(485,026) |
| Other | 41,100 |
(28,271) |
| Resources That Finance the Acquisition of Assets or Liquidation of Liabilities (+/-) | 2,187,920 |
(5,097,351) |
| Other Resources or Adjustments to Net Obligated Resources That Do Not Affect Net Cost of Operations | 807,781 |
(2,210,233)
|
| Total Resources Used to Finance Items Not Part of the Net Cost of Operations | $ 5,914,479 |
$ 22,455,964 |
| Total Resources Used to Finance the Net Cost of Operations | $ 52,232,308 |
$ 54,641,348 |
| Components of the Net Cost of Operations That Will Not Require or Generate Resources in the Current Period: | ||
| Components Requiring/Generating Res. in Future Periods: | ||
| Increase in Annual Leave Liability | $ 123,231 |
$ 73,897 |
| Increase in Environmental and Disposal Liability | - |
397,277 |
| Upward/Downward Reestimates of Credit Subsidy Expense | 6,000 |
(87,354) |
| Increase in Exchange Revenue Receivable from the Public | (75,457) |
125,197 |
| Other: | ||
| Increase in Coast Guard Liabilities | - |
123 |
| Increase in FAA Liabilities | - |
55,774 |
| Other Miscellaneous Increases | 543,176 |
1,606,337 |
| Total Components of Net Cost of Operations That Will Require or Generate Resources in Future Periods | $ 596,950 |
$ 2,171,251 |
| Components Not Requiring or Generating Resources: | ||
| Depreciation and Amortization | $ 1,042,026 |
$ 1,184,215 |
| Revaluation of Assets or Liabilities | 15,730 |
(3,532) |
| Other: | ||
| Other WCF Components | 170,419 |
139,539 |
| Other FAA Components | (8,605) |
50,967 |
| Other Miscellaneous Components | 5,385 |
(66,263) |
| Total Components of Net Cost of Operations That Will Not Require or Generate Resources | $ 1,224,955 |
$ 1,304,926 |
| Total Components of Net Cost of Operations That Will Not Require or Generate Resources in the Current Period: | $ 1,821,905 |
$ 3,476,177 |
| Net Cost of Operations | $ 54,054,213 |
$ 58,117,525 |
The accompanying notes are an intergral part of these statements.