|
Chief
Financial Officer's (CFO) Report to the Board
301 Moved Permanently
301 Moved Permanently
openresty
 |
DIF
Balance Sheet -
First Quarter 2015
| Fund Financial Results |
($
in millions) |
| Balance
Sheet |
| |
Unaudited
Mar-15 |
Audited
Dec-14 |
Quarterly
Change |
Unaudited
Mar-14 |
Year-Over-Year
Change |
| Cash and cash equivalents |
$3,729 |
$1,914 |
$1,815 |
$511 |
$3,218 |
| Investment in U.S. Treasury obligations, net |
50,591 |
49,806 |
785 |
44,215 |
6,376 |
| Assessments receivable, net |
2,051 |
2,003 |
48 |
2,266 |
(215) |
| Interest receivable on investments and other assets, net |
373 |
652 |
(279) |
424 |
(51) |
| Receivables from resolutions, net |
17,258 |
18,181 |
(923) |
15,580 |
1,678 |
| Property and equipment, net |
365 |
373 |
(8) |
368 |
(3) |
| Total Assets |
$74,367 |
$72,929 |
$1,438 |
$63,364 |
$11,003 |
| Accounts payable and other liabilities |
243 |
291 |
(48) |
257 |
(14) |
| Liabilities due to resolutions |
7,868 |
7,799 |
69 |
12,438 |
(4,570) |
| Postretirement benefit liability |
243 |
243 |
- |
194 |
49 |
| Contingent liability for anticipated failures |
717 |
1,815 |
(1,098) |
1,577 |
(860) |
| Contingent liability for litigation losses |
- |
1 |
(1) |
5 |
(5) |
| Total Liabilities |
$9,071 |
$10,149 |
($1,078) |
$14,471 |
($5,400) |
| FYI: Unrealized gain (loss) on U.S. Treasury investments, net |
282 |
51 |
231 |
45 |
237 |
| FYI: Unrealized postretirement benefit (loss) gain |
(58) |
(58) |
- |
(16) |
(42) |
| Fund Balance |
$65,296 |
$62,780 |
$2,516 |
$48,893 |
$16,403
|
|
|
|
DIF Investment Portfolio Performance |
| |
Number of Years |
Yield |
2010 |
0.16 |
0.40% |
2011 |
0.64 |
0.41% |
2012 |
0.68 |
0.36% |
2013 |
1.41 |
0.45% |
2014 |
1.68 |
0.70% |
Mar-15 |
1.65 |
0.72% |
|
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