Profiles of Existing Government Corporations - US Government ...

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coRpoRATI0N PRDPILS
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GTHXRADDIT REQUI~S: None specified in enabling leqimlation
OTEER AUDITOR: None specified in enabling legislation
ADDITED: GAO, calendar-year 1987
OPINION: Qualified, "subject to the potential need for further
Conqremmional action to enable the Corporation to resolve the
industry'6 problems and meet its obliqationm...n
ACCOUNTIRG PRINCIPLES: Accounting recordm are maintained on an
accrual bamim and financial mtatementm are prepared in accordance
vith generally accepted accounting principlem (GAAP).
REVENUES: $2,395,129,000a
APPROPRIATIONS EXPENDED: None
ExPasEs : slo,g5o,wa,ooob
NZT INCOKE (USS): (58,555,649,000)
GRANTS ISSUED: None
IBANS ISSDBD: S128,958,000 net increase in 1997
UAN PA= RtCEnmD: Not readily available
r.DM IL)ssEB: Not readily available
LOAN ColQIITlIQFps: None
LOUS OUTSTANDING: 51,227,754,000
LoAn LIWIT: None specified in enabling lsqislation.
INEDRANCB OUTSTANDI?tG: Not readily available
IlisuRANcE SOLD: Not determinable
IN-CB COHMIRCEWTS: None
IlisDRAncB rn3slEs: Not determinable
INSCIRAMCI LIHIT: $100,000 per account
GUARMTKBB DDTSTANDING: $2,300,000,000
-Is- Not determinable but net 1987 decrease of
51,300,000,000. Dac 86 - $3.6 billion. Dee 87 * $2.3 billion.
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