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Chief Financial Officer's (CFO) Report to the Board

Selected Financial Data - Second Quarter 2019

Fund Financial Results ($ in millions)
FSLIC Resolution Fund
Jun-19
Mar -19
Quarterly Change
Jun -18
Year-Over-Year Change
Cash and cash equivalents $912 $907 $5 $892 $20
Accumulated deficit (124,576) (124,582) 6 (124,597) 21
Total resolution equity 913 908 5 893 20
Total revenue 11 5 6 7 4
Operating expenses 0 0 0 0 0
Losses related to thrift resolutions 0 0 0 0 0
Net Income (Loss) $11 5 6 $7 $4

Receivership Selected Statistics June 2019 vs. June 2018
$ in millions
DIF
FRF
ALL FUNDS
  Jun-19 Jun-18 Change Jun-19 Jun-18 Change Jun-19 Jun-18 Change
Total Receiverships 263 302 (39) 0 0 0 263 302 (39)
Assets in Liquidation $1,039 $1,536 ($497) $ 2 $ 2 $ 0 $1,041 $1,538 $(497)
YTD Collections $555 $993 ($438) $ 0 $ 0 $ 0 $555 $993 ($438)
YTD Dividend/Other Pmts - Cash $859 $2,448 ($1,589) $ 0 $ 0 $ 0 $859 $2,448 $(1,589)

DIF Cash Flows ($ in millions)

Coverage Ratio - Interest on U.S. Treasury (UST) Securities as a percentage of Operating Expenses ($ in millions)
Cash and Investments Inflows Outflow
2015 63,373 17,219 4,021
2016 74,485 14,629 2,183
2017 85,132 16,202 4,850
2018 98,482 15,877 2,101
6/2019 103,319 4,702 940

Cash and Investments increased by $39.9 billion from $63.4 billion at year-end 2015 to $103.3 billion at June 30, 2019. The increase was primarily due to assessment collections, interest on U.S. Treasury securities, and recoveries from resolutions, that far exceeded resolution-related outlays and operating expenses.