1999 IMRF Comprehensive Annual Financial Report

Exhibit AStatements of Plan Net AssetsDecember 311999 1998AssetsCash and cash equivalents $6,737,785 $3,036,204Financial SectionReceivables and prepaid expensesContributions 49,760,237 48,217,891Investment income 61,934,892 60,055,347Receivables from brokers for unsettled trades 30,042,347 52,563,773Prepaid expenses 27,634,374 24,390,369Total receivables and prepaid expenses 169,371,850 185,227,380Investments, at fair valueFixed income 4,391,784,592 3,684,360,006Stocks 10,183,567,685 8,070,277,275Short term investments 554,669,897 396,258,394Real estate 490,394,832 592,077,808Alternative investments 334,947,248 232,777,645Total investments 15,955,364,254 12,975,751,128Invested securities lending cash collateral 1,417,887,596 1,340,474,672Fixed assetsEquipment, at cost 6,706,210 7,041,888Accumulated depreciation (5,567,522) (5,515,750)Fixed assets, net 1,138,688 1,526,138Total assets 17,550,500,173 14,506,015,522LiabilitiesAccrued expenses and benefits payable 20,332,951 19,515,212Securities lending cash collateral 1,417,887,596 1,340,474,672Payables to brokers for unsettled trades 306,747,203 60,457,020Total liabilities 1,744,967,750 1,420,446,904Net assets held in trust for pension benefits(A schedule of funding progress ispresented on page 29) $15,805,532,423 $13,085,568,618The accompanying notes are an integral part of the financial statements.Illinois Municipal Retirement Fund 17