|
|
DIF
Balance Sheet -
Third Quarter 2006
| Fund Financial Results |
($ in millions – All data is unaudited) |
| Balance Sheet |
|
|
| |
09/30/06 |
12/31/05 |
Change |
%
Change |
09/30/05
|
| Cash & cash equivalents - unrestricted |
$ 2,312 |
$ 3,209 |
(897) |
(28%) |
$ 1,617 |
| Cash & other assets - restricted for SAIF member exit fees |
0 |
342 |
(342) |
(100%) |
338 |
| Investment in US Treasury obligations, net: |
46,554 |
44,240 |
2,314 |
5% |
45,545 |
| Interest receivable on investments and other assets, net |
707 |
738 |
(31) |
4% |
793 |
| Receivables from resolutions, net |
509 |
534 |
(25) |
(5%) |
521 |
| Property, buildings and other capitalized assets, net |
367 |
378 |
(11) |
(3%) |
376 |
| Total Assets |
$ 50,449 |
$ 49,441 |
1,008 |
2% |
$ 49,190 |
| Accounts payable and other liabilities |
253 |
297 |
(44) |
(15%) |
274 |
| Contingent Liabilities: future failures |
4 |
5 |
(1) |
(20%) |
5 |
| Contingent Liabilities: litigation losses & other |
200 |
200 |
0 |
0% |
200 |
| SAIF member exit fees & investment proceeds held in escrow |
0 |
342 |
(342) |
(100%) |
338 |
| Total Liabilities |
$ 457 |
$ 844 |
$ (387) |
(46%) |
$ 810 |
| FYI: Unrealized gain on available-for-sale securities |
255 |
407 |
(152) |
(38%) |
642 |
| FUND BALANCE |
$ 49,992 |
$ 48,597 |
$ 1,395 |
3% |
$ 48,373 |
| 
| DIF's
total rate of return on investments |
| Year |
UST
Notes/Bonds |
TIPS |
Overnights |
Total
Return |
Merrill
Lynch Index |
2001
|
7.80 |
7.36 |
3.95 |
7.53 |
8.12 |
2002
|
8.81 |
15.24 |
1.71 |
9.38 |
9.05 |
|
2003
|
2.28 |
7.21 |
1.12 |
3.04 |
2.13 |
2004
|
2.18 |
6.34 |
1.34 |
2.84 |
1.96 |
2005
|
2.09 |
1.51 |
3.26 |
2.01 |
1.58 |
9/2006 |
3.34 |
2.96 |
3.68 |
3.28 |
2.78 |
|
|
