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United States DEPARTMENT of Commerce

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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<br />

Note 13. Environmental and Disposal Liabilities<br />

FY 2007 FY 2006<br />

Pribil<strong>of</strong> Island Cleanup $ 17,508 $ 24,322<br />

Nuclear Reactor 46,969 47,439<br />

Other 2,966 3,119<br />

Total $ 67,443 $ 74,880<br />

Note 14. Leases<br />

Capital Leases:<br />

Assets under capital leases are as follows:<br />

FY 2007 FY 2006<br />

Structures, Facilities, and Leasehold Improvements $ 28,084 $ 29,463<br />

Equipment 3,185 3,368<br />

Less: Accumulated Depreciation (21,434) (21,637)<br />

Net Assets Under Capital Leases $ 9,835 $ 11,194<br />

Capital Lease Liabilities are primarily related to NOAA. NOAA has real property capital leases covering both land and buildings.<br />

The majority <strong>of</strong> these leases are for weather forecasting <strong>of</strong>fices, but the leases are also for radar system sites, river forecasting<br />

centers, and National Weather Service enforcement centers. NOAA’s real property capital leases range from 10 to 40 years.<br />

226<br />

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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