United States DEPARTMENT of Commerce

P R I N C I P A L F I N A N C I A L S T A T E M E N T S
United States Department of Commerce Consolidated Balance Sheets
As of September 30, 2007 and 2006 (In Thousands)
A S S E T S
FY 2007 FY 2006
Intragovernmental:
Fund Balance with Treasury (Note 2) $ 7,596,655 $ 7,231,997
Accounts Receivable (Note 3) 65,431 95,745
Other - Advances and Prepayments 64,346 3,969
Total Intragovernmental 7,726,432 7,331,711
Cash (Note 4) 7,696 7,482
Accounts Receivable, Net (Note 3) 36,909 50,161
Loans Receivable and Related Foreclosed Property, Net (Note 5) 519,854 467,985
Inventory, Materials, and Supplies, Net (Note 6) 106,801 95,914
General Property, Plant, and Equipment, Net (Note 7) 5,729,764 5,299,093
Other (Note 8) 73,267 108,072
TOTAL ASSETS $ 14,200,723 $ 13,360,418
Stewardship, Property, Plant, and Equipment (Note 22)
L I A B I L I T I E S
Intragovernmental:
Accounts Payable $ 104,866 $ 74,010
Debt to Treasury (Note 10) 645,997 422,071
Other
Resources Payable to Treasury 30,197 35,484
Unearned Revenue 422,860 453,697
Other (Note 11) 98,926 96,391
Total Intragovernmental 1,302,846 1,081,653
Accounts Payable 327,328 290,240
Loan Guarantee Liabilities (Note 5) 55,732 73,675
Federal Employee Benefits (Note 12) 625,816 589,964
Environmental and Disposal Liabilities (Note 13) 67,443 74,880
Other
Accrued Payroll and Annual Leave 396,444 370,240
Accrued Grants 404,939 420,588
Capital Lease Liabilities (Note 14) 15,558 16,568
Unearned Revenue 1,004,305 936,587
Other (Note 11) 27,685 36,521
TOTAL LIABILITIES $ 4,228,096 $ 3,890,916
Commitments and Contingencies (Notes 5, 14, and 16)
N E T P O S I T I O N
Unexpended Appropriations
Unexpended Appropriations - Earmarked Funds (Note 20) $ - $ 27
Unexpended Appropriations - Other Funds 4,528,905 4,306,394
Cumulative Results of Operations
Cumulative Results of Operations - Earmarked Funds (Note 20) 552,347 620,980
Cumulative Results of Operations - Other Funds 4,891,375 4,542,101
TOTAL NET POSITION $ 9,972,627 $ 9,469,502
TOTAL LIABILITIES AND NET POSITION $ 14,200,723 $ 13,360,418
T h e a c c o m p a n y i n g n o t e s a r e a n i n t e g r a l p a r t o f t h e s e s t a t e m e n t s .
F Y 2 0 0 7 P E R F O R M A N C E A N D A C C O U N T A B I L I T Y R E P O R T
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