July (pdf) - New York Power Authority

New York Power Authority
Financial Reports
COMPARATIVE BALANCE SHEETS
June 30, 2011
($ in millions)
Assets
June
2011
June
2010
December 31,
2010
Current Assets
Cash 0.1 0.1 0.1
Investments in government securities 1,143.2 953.8 1,091.1
Interest receivable on investments 5.4 5.1 5.5
Accounts receivable - customers 233.4 225.7 204.0
Materials and supplies, at average cost:
Plant and general 76.5 85.4 75.1
Fuel 15.2 17.6 15.3
Prepayments and other 153.1 179.4 190.5
Total Current Assets 1,626.9 1,467.1 1,581.6
Noncurrent Assets
Restricted Funds Investment in decommissioning trust fund 1,072.1 950.9 1,032.4
Other 81.7 91.6 83.3
Total Restricted Funds 1,153.8 1,042.5 1,115.7
Capital Funds Investment in securities and cash 102.6 162.7 144.8
Total Capital Funds 102.6 162.7 144.8
Net Utility Plant Electric plant in service, less accumulated depreciation 3,314.2 3,301.2 3,344.1
Construction work in progress 122.7 160.7 123.3
Net Utility Plant 3,436.9 3,461.9 3,467.4
Other Noncurrent Assets Receivable - NY State 318.0 318.0 318.0
Deferred charges, long-term receivables and other 585.8 594.0 604.6
Notes receivable - nuclear plant sale 136.1 149.9 157.1
Total other noncurrent assets 1,039.9 1,061.9 1,079.7
Liabilities and Net Assets
Total Assets 7,360.1 7,196.1 7,389.2
Current Liabilities Accounts payable and accrued liabilities 841.8 839.7 881.7
Short-term debt 325.0 296.8 323.2
Total Current Liabilities 1,166.8 1,136.5 1,204.9
Noncurrent Liabilities
Long-term Debt Revenue bonds 1,149.9 1,191.4 1,151.2
Adjustable rate tender notes 122.9 130.5 130.5
Commercial paper 287.9 342.2 336.5
Total Long-term Debt 1,560.7 1,664.1 1,618.2
Other Noncurrent Liabilities Nuclear plant decommissioning 1,072.1 950.9 1,032.4
Disposal of spent nuclear fuel 216.2 216.0 216.1
Deferred revenues and other 271.2 327.6 316.5
Total Other Noncurrent Liabilities 1,559.5 1,494.5 1,565.0
Net Assets Accumulated Net Revenues - January 1 3,001.1 2,820.4 2,820.4
Net Income 72.0 80.6 180.7
Total Net Assets 3,073.1 2,901.0 3,001.1
Total Liabilities and Net Assets 7,360.1 7,196.1 7,389.2
15