|
|
DIF
Balance Sheet -
First Quarter 2006
| Fund Financial Results |
($ in millions – All data is unaudited) |
| Balance Sheet |
|
|
| |
03/31/06 |
12/31/05 |
Change |
%
Change |
03/31/05 |
| Cash & cash equivalents - unrestricted |
$ 1,426 |
$ 3,209 |
(1,783) |
(56%) |
$ 1,123 |
| Cash & other assets - restricted for SAIF member exit fees |
na |
342 |
na |
na |
331 |
| Investment in US Treasury obligations, net: |
46,647 |
44,240 |
2,407 |
5% |
45,157 |
| Interest receivable on investments and other assets, net |
722 |
738 |
(16) |
(2%) |
837 |
| Receivables from resolutions, net |
497 |
534 |
(37) |
(7%) |
621 |
| Property, buildings and other capitalized assets, net |
377 |
378 |
(1) |
0% |
364 |
| Total Assets |
$ 49,669 |
$ 49,441 |
228 |
0% |
$ 48,433 |
| Accounts payable and other liabilities |
266 |
297 |
(31) |
(10%) |
270 |
| Contingent Liabilities: future failures |
9 |
5 |
4 |
80% |
14 |
| Contingent Liabilities: litigation losses & other |
201 |
200 |
1 |
1% |
201 |
| SAIF member exit fees & investment proceeds held in escrow |
na |
342 |
na |
na |
331 |
| Total Liabilities |
$ 476 |
$ 844 |
$ (368) |
(44%) |
$ 816 |
| FYI: Unrealized gain on available-for-sale securities |
350 |
407 |
(57) |
(14%) |
761 |
| FUND BALANCE |
$ 49,193 |
$ 48,597 |
$ 596 |
1% |
$ 47,617 |
| 
| Year |
Fund
Balance |
Est.
Ins. Deposits |
Reserve
Ratio |
2002
|
5.86% |
5.39% |
1.30% |
2003
|
5.08% |
2.03% |
1.34% |
|
2004
|
3.23% |
4.91% |
1.32% |
2005
|
2.29% |
7.47% |
1.25% |
|
|
|
