|
|
BIF & SAIF
Balance Sheet -
First Quarter 2005
| Fund Financial Results |
($ in millions – All data is unaudited) |
| Balance Sheet |
BIF |
SAIF |
| |
3/31/05 |
12/31/04 |
3/31/05 |
12/31/04 |
| Cash & cash equivalents - unrestricted |
$ 892 |
$ 892 |
$ 231 |
$ 644 |
| Cash & other assets - restricted for SAIF member exit fees |
na |
na |
331 |
328 |
| Investment in US Treasury obligations, net: |
33,035 |
32,108 |
12,123 |
11,556 |
| Interest receivable on investments and other assets, net |
620 |
602 |
216 |
201 |
| Receivables from resolutions, net |
364 |
375 |
257 |
347 |
| Property, buildings and other capitalized assets, net |
364 |
357 |
na |
na |
| Total Assets |
$ 35,275 |
$ 35,264 |
$ 13,158 |
$ 13,076 |
| Accounts payable and other liabilities |
246 |
269 |
24 |
26 |
| Contingent Liabilities: future failures |
5 |
8 |
10 |
2 |
| Contingent Liabilities: litigation losses & other |
200 |
200 |
0 |
0 |
| SAIF member exit fees & investment proceeds held in escrow |
na |
na |
331 |
325 |
| Total Liabilities |
$ 451 |
$ 477 |
$ 365 |
$ 356 |
| FYI: Unrealized gain on available-for-sale securities |
563 |
690 |
197 |
238 |
| FUND BALANCE |
$ 34,824 |
$ 34,787 |
$ 12,793 |
$ 12,720 |
 |
| BIF and SAIF Reserve Ratio |
| Year |
BIF |
SAIF |
| 2001 |
1.26 |
1.36 |
| 2002 |
1.27 |
1.37 |
| 2003 |
1.32 |
1.37 |
| December 2004 |
1.30 |
1.34 |
|
 |
| BIF Fund Balance and
Estimated Insured Deposits |
| Year |
BIF
Fund Balance |
BIF
Est. Insured Deposits |
| 2001 |
30 |
2.4 |
| 2002 |
32 |
2.5 |
| 2003 |
34 |
2.6 |
| December 2004 |
35 |
2.7 |
|
 |
| SAIF Fund Balance and
Estimated Insured Deposits |
| Year |
SAIF Fund Balance |
SAIF Est. Insured Deposits |
| 2001 |
11 |
801 |
| 2002 |
12 |
859 |
| 2003 |
12 |
896 |
| September 2004 |
13 |
951 |
|
|
