| |
|
|
|
|
(Unaudited) |
|
(Unaudited) |
Dollars in Millions |
Year-to-Date: |
|
Quarter
Ending June 30 |
|
| |
|
|
|
|
|
|
|
|
| |
2000 |
|
1999 |
|
2000 |
|
1999 |
|
| |
Revenue |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Interest on U.S. Treasury obligations |
$ |
315 |
|
$ |
286 |
|
$ |
164 |
|
$ |
145 |
|
| |
Assessments |
|
9 |
|
|
6 |
|
|
5 |
|
|
6 |
|
| |
Other revenue |
|
0 |
|
|
0 |
|
|
0 |
|
|
0 |
|
| |
Total Revenue |
|
324 |
|
|
292 |
|
|
169 |
|
|
151 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Expenses and Losses |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Operating expenses |
|
52 |
|
|
47 |
|
|
27 |
|
|
26 |
|
| |
Provision for insurance losses |
|
43 |
|
|
15 |
|
|
41 |
|
|
(6) |
|
| |
Other expenses |
|
0 |
|
|
0 |
|
|
0 |
|
|
0 |
|
| |
Total Expenses and Losses |
|
95 |
|
|
62 |
|
|
68 |
|
|
20 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Net Income |
|
229 |
|
|
230 |
|
|
101 |
|
|
131 |
|
| |
Unrealized gain /(loss) on available-for-sale |
|
|
|
|
|
|
|
|
|
|
|
|
| |
securities, net (current period) |
|
28 |
|
|
(4) |
|
|
2 |
|
|
(2) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Comprehensive Income |
|
257 |
|
|
226 |
|
|
103 |
|
|
129 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Fund Balance - Beginning |
|
10,281 |
|
|
9,840 |
|
|
10, 281 |
|
|
9, 840 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Unrestricted Fund Balance - Ending |
|
10,435 |
|
|
8,959 |
|
|
10,435 |
|
|
9,937 |
|
| |
Restricted Fund Balance (Special Reserve) - Ending |
|
0 |
|
|
978 |
|
|
0 |
|
|
978 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Fund Balance - Ending |
|
$ |
10,538 |
|
$ |
10,066 |
|
$ |
10,538 |
|
$ |
10,066 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
