FDIC: Executive Management Report

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Executive Management Report

Savings Association Insurance Fund
Statements of Financial Position
December 2002

Dollars in Millions	(Unaudited) December 31
	2002	2001
Assets	empty cell	empty cell
Cash and cash equivalents - unrestricted	$ 1,907	$ 277
Cash and other assets - restricted for	empty cell	empty cell
SAIF-member exit fees	312	299
Investment in U.S. Treasury obligations, net	9,497	9,464
Interest receivable on investments and other assets, net	153	156
Receivables from thrift resolutions, net	288	1,285
Total Assets	$12,157	$11,481
empty row	empty cell	empty cell
Liabilities	empty cell	empty cell
Accounts payable and other liabilities	$ 7	$ 8
Liabilities from thrift resolutions	0	0
Contingent Liabilities for:	empty cell	empty cell
Anticipated failure of insured institutions	90	233
Litigation losses	1	6
SAIF-member exit fees and investment proceeds held in escrow	312	299
Total Liabilities	410	546
Fund Balance	empty cell	empty cell
Accumulated net income	11,466	10,846
Unrealized gain on available-for-sale securities, net	281	89
Total Fund Balance	11,747	10,935
empty row	empty cell	empty cell
Total Liabilities and Fund Balance	$12,157	$11,481

Last Updated 04/08/2003