Comprehensive Annual Financial Report for the ... - WMATA.com

Washington Metropolitan Area Transit AuthorityFY 2009 Comprehensive Annual Financial ReportNotes to Basic Financial StatementsJune 30, 2009 and 2008(5) Capital AssetsCapital assets activity for the years ended June 30, 2009 and 2008, was as follows (in thousands):June 30, 2008 Additions Reductions June 30, 2009Capital assets not being depreciated:Land $ 448,586 (1,272) $ 447,314Construction in progress 262,685 340,160 (433,880) 168,965Total capital assets not being depreciated 711,271 340,160 (435,152) 616,279Capital assets being depreciated:Buildings and improvements 611,867 35,969 (3,083) 644,753Transit facilities 7,365,743 111,142 (13,774) 7,463,111Revenue vehicles 2,212,266 145,838 (10,476) 2,347,628Other equipment 1,832,165 155,838 (2,828) 1,985,175Intangible costs:Bond interest capitalized 244,358 244,358Construction supervision and consulting 480,765 480,765Project and executive management 321,916 321,916Pre-rail operations and testing 152,028 152,028Total capital assets being depreciated 13,221,108 448,787 (30,161) 13,639,734Less accumulated depreciationand amortization for:Buildings and improvements 245,314 29,452 (3,083) 271,683Transit facilities 2,318,043 158,725 2,476,768Revenue vehicles 1,039,341 98,535 (10,476) 1,127,400Other equipment 1,167,858 121,611 (2,828) 1,286,641Intangible costs 968,603 17,458 986,061Total accumulated depreciationand amortization of intangible costs 5,739,159 425,781 (16,387) 6,148,553Total capital assets being depreciated, net 7,481,949 23,006 (13,774) 7,491,181Total capital assets, net $ 8,193,220 $ 363,166 $ (448,926) $ 8,107,46035