Comprehensive Annual Financial Report - Cobb County

Cobb County, Georgia
Proprietary Funds
Statement of Net Assets
September 30, 2007
Business-type Activities - Enterprise Funds
Other
Water and Solid Waste Enterprise
Sewer Fund Disposal Fund Funds
Governmental
Activities -
Internal Service
Total
Fund
Assets
Current assets:
Cash $ 47,096,333 $ 34,993 $ 603,259 $ 47,734,585 $ 16,448,532
Restricted cash 14,376,198 - - 14,376,198 -
Investments, at fair value 500,000 - - 500,000 -
Receivables:
Accounts, net 20,017,791 446,224 - 20,464,015 -
Other 2,117,164 4,191 249,050 2,370,405 228
Due from other funds 1,500,000 - - 1,500,000 14,112,496
Due from others - - - - 7,940
Due from other governments and agencies 96,312 - 3,332,900 3,429,212 -
Inventories 1,107,212 - - 1,107,212 -
Prepaid items 10,062 750 3,272 14,084 3,758
Other assets 650,071 - - 650,071 -
Total current assets $ 87,471,143 $ 486,158 $ 4,188,481 $ 92,145,782 $ 30,572,954
Noncurrent assets:
Property, plant and equipment:
Capital assets not being depreciated $ 167,035,116 $ 3,778,386 $ 12,988,812 $ 183,802,314 $ -
Capital assets being depreciated, net 1,086,946,164 8,739,922 34,170,801 1,129,856,887 19,661
Net property, plant and equipment $ 1,253,981,280 $ 12,518,308 $ 47,159,613 $ 1,313,659,201 $ 19,661
Other assets:
Advances to other funds $ 19,768,791 $ - $ - $ 19,768,791 $ -
Unamortized bond costs 502,265 140,143 25,110 667,518 -
Total noncurrent assets $ 1,274,252,336 $ 12,658,451 $ 47,184,723 $ 1,334,095,510 $ 19,661
Total assets $ 1,361,723,479 $ 13,144,609 $ 51,373,204 $ 1,426,241,292 $ 30,592,615
Continued on next page.
See accompanying notes to financial statements. 25