2011 - Division of Administration - Louisiana

State of LouisianaCOMBINING BALANCE SHEETCOMPONENT UNITSJUNE 30, 2011(EXPRESSED IN THOUSANDS)LOUISIANALOUISIANA UNIVERSITY COMMUNITYSTATE OF SOUTHERN AND TECHNICALUNIVERSITY LOUISIANA UNIVERSITY COLLEGESYSTEM SYSTEM SYSTEM SYSTEMASSETSCURRENT ASSETS:CASH AND CASH EQUIVALENTS $ 740,768 $ 244,433 $ 19,985 $ 127,250RESTRICTED CASH AND CASH EQUIVALENTS -- -- -- --INVESTMENTS 354,211 63,956 2,447 --RESTRICTED INVESTMENTS -- -- -- --DEFERRED OUTFLOW OF RESOURCES -- -- -- --RECEIVABLES (NET) 249,882 53,578 3,510 27,333PLEDGES RECEIVABLE (NET) 17,988 737 131 --AMOUNTS DUE FROM PRIMARY GOVERNMENT 71,146 38,284 16,288 17,036DUE FROM FEDERAL GOVERNMENT 36,652 13,361 17,738 13,819INVENTORIES 37,384 5,779 514 409PREPAYMENTS 16,920 6,782 803 759NOTES RECEIVABLE 3,602 4,207 147 --OTHER CURRENT ASSETS 14,796 4,065 1,088 1TOTAL CURRENT ASSETS 1,543,349 435,182 62,651 186,607NONCURRENT ASSETS:RESTRICTED ASSETS:CASH 110,356 165,012 35,297 130,135INVESTMENTS 680,177 327,029 7,172 34,347RECEIVABLES (NET) -- 6,311 -- --NOTES RECEIVABLE 27,394 25,178 -- 22OTHER 12,557 -- -- --INVESTMENTS 22,589 -- -- --NOTES RECEIVABLE -- 7 -- --PLEDGES RECEIVABLE (NET) 17,529 -- -- --CAPITAL ASSETS (NOTE 5)LAND 133,676 55,314 7,165 24,868BUILDINGS AND IMPROVEMENTS (NET OF DEPRECIATION) 1,363,363 840,956 239,690 221,189MACHINERY AND EQUIPMENT (NET OF DEPRECIATION) 275,349 60,423 13,863 32,258INFRASTRUCTURE (NET OF DEPRECIATION) 35,518 11,001 8,799 --INTANGIBLE ASSETS (NET OF AMORTIZATION) 758 -- 6,291 5,480CONSTRUCTION IN PROGRESS 259,900 145,470 14,934 22,521OTHER NONCURRENT ASSETS 38,609 21,202 6,001 3,887TOTAL NONCURRENT ASSETS 2,977,775 1,657,903 339,212 474,707TOTAL ASSETS $ 4,521,124 124 $ 2,093,085 08 $ 401,863 $ 661,314LIABILITIESCURRENT LIABILITIES:ACCOUNTS PAYABLE AND ACCRUALS $ 268,876 $ 47,905 $ 14,193 $ 26,844DERIVATIVE INSTRUMENTS -- -- -- --AMOUNTS DUE TO PRIMARY GOVERNMENT 54,725 266 1,150 4,680DUE TO FEDERAL GOVERNMENT 2,950 -- -- 357DEFERRED REVENUES 106,192 39,137 10,935 30,233AMOUNTS HELD IN CUSTODY FOR OTHERS 27,600 4,602 603 4,643OTHER CURRENT LIABILITIES 9,136 3,890 2,075 --CURRENT PORTION OF LONG-TERM LIABILITIESCONTRACTS PAYABLE -- 48 -- 68COMPENSATED ABSENCES PAYABLE 12,260 3,770 802 1,244CAPITAL LEASE OBLIGATIONS 3,393 12 578 53ESTIMATED LIABILITY FOR CLAIMS -- 769 254 --NOTES PAYABLE 2,166 499 1,285 --BONDS PAYABLE 16,720 9,358 1,161 5,720POLLUTION REMEDIATION OBLIGATIONS -- 306 2 --OTHER LONG-TERM LIABILITIES 11,527 4,664 -- 2,916TOTAL CURRENT LIABILITIES 515,545 115,226 33,038 76,758NONCURRENT LIABILITIES:NONCURRENT PORTION OF LONG-TERM LIABILITIESCONTRACTS PAYABLE -- -- -- 188COMPENSATED ABSENCES PAYABLE 127,504 32,975 11,855 16,910CAPITAL LEASE OBLIGATIONS 46,178 -- 349 3,400ESTIMATED LIABILITY FOR CLAIMS -- -- -- --NOTES PAYABLE 8,572 3,963 42,168 --BONDS PAYABLE 604,043 598,413 71,739 295,661OPEB PAYABLE 620,658 315,195 78,027 107,048POLLUTION REMEDIATION OBLIGATIONS -- -- -- --OTHER LONG-TERM LIABILITIES 51,000 2,820 1,876 --TOTAL NONCURRENT LIABILITIES 1,457,955 953,366 206,014 423,207TOTAL LIABILITIES 1,973,500 1,068,592 239,052 499,965NET ASSETS:INVESTED IN CAPITAL ASSETS, NET OF RELATED DEBT 1,504,608 691,800 185,680 137,545RESTRICTED FOR:CAPITAL PROJECTS -- -- -- --DEBT SERVICE -- -- -- --NONEXPENDABLE 411,843 201,409 13,296 4,529EXPENDABLE 524,599 228,725 41,512 72,005OTHER PURPOSES -- -- -- --UNRESTRICTED 106,574 (97,441) (77,677) (52,730)TOTAL NET ASSETS 2,547,624 1,024,493 162,811 161,349TOTAL LIABILITIES AND NET ASSETS $ 4,521,124 $ 2,093,085 $ 401,863 $ 661,314* As of December 31, 2010.The notes to the financial statements are an integral part of this statement.- 42 -