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07 CAFR cover FINAL.p65 - WMATA.com

07 CAFR cover FINAL.p65 - WMATA.com

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Washington Metropolitan Area Transit AuthorityFY 20<strong>07</strong> Comprehensive Annual Financial ReportSECTION TWO - FINANCIALIndependent Auditors’ ReportManagement’s Discussion and AnalysisBasic Financial Statements:Statement of Net AssetsStatements of Revenues, Expenses, and Changes inNet AssetsStatements of Cash FlowsNotes to Financial StatementsRequired Supplementary InformationSchedules of Funding Progress

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