United States DEPARTMENT of Commerce

N O T E S T O T H E F I N A N C I A L S T A T E M E N T S
Note 11. Other Liabilities
Intragovernmental
Current Portion
FY 2007 FY 2006
Non-current
Portion Total Total
Accrued FECA Liability $ 21,766 $ 11,441 $ 33,207 $ 33,746
Accrued Benefits 25,697 - 25,697 24,064
Custodial Activity 1,004 - 1,004 4,086
Downward Subsidy Reestimates
Payable to Treasury 36,710 - 36,710 31,447
Other 2,308 - 2,308 3,048
Total $ 87,485 $ 11,441 $ 98,926 $ 96,391
With the Public
ITA Foreign Service Nationals’
Voluntary Separation Pay $ 2,170 $ 7,380 $ 9,550 $ 9,436
Contingent Liabilities 6,634 2,083 8,717 13,063
Employment-related 2,328 - 2,328 2,450
Other 7,090 - 7,090 11,572
Total $ 18,222 $ 9,463 $ 27,685 $ 36,521
The Current Portion represents liabilities expected to be paid by September 30, 2008, while the Non-current Portion represents
liabilities expected to be paid after September 30, 2008.
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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