|
|
DIF
Balance Sheet -
Fourth Quarter 2010
Fund Financial Results |
($
in millions) |
Balance
Sheet |
|
Unaudited 12/31/2010 |
Unaudited 9/30/2010 |
Quarterly Change |
Audited 12/31/2009 |
Year-Over-Year Change |
Cash & cash equivalents - unrestricted |
$27,077 |
$22,701 |
$4,376 |
$54,092 |
($27,015) |
Cash & investments - restricted - systemic risk |
6,647 |
6,158 |
489 |
6,431 |
216 |
Investment in U.S. Treasury obligations, net |
12,371 |
14,727 |
(2,356) |
5,487 |
6,884 |
Trust preferred securities |
2,298 |
2,315 |
(17) |
1,962 |
336 |
Assessments receivable, net |
218 |
248 |
(30) |
281 |
(63) |
Receivables and other assets, net - systemic risk |
2,269 |
3,007 |
(738) |
3,299 |
(1,030) |
Interest receivable on investments and other assets, net |
260 |
163 |
97 |
220 |
40 |
Receivables from resolutions, net |
29,533 |
49,684 |
(20,151) |
38,409 |
(8,876) |
Property, buildings and other capitalized assets, net |
416 |
387 |
29 |
388 |
28 |
Total Assets |
$81,089 |
$99,390 |
($18,301) |
$110,569 |
($29,480) |
Accounts payable and other liabilities |
514 |
370 |
144 |
274 |
240 |
Unearned revenue - prepaid assessments |
30,057 |
33,370 |
(3,313) |
42,727 |
(12,670) |
Liabilities due to resolutions |
30,512 |
42,796 |
(12,284) |
34,712 |
(4,200) |
Deferred revenue - systemic risk |
9,055 |
8,729 |
326 |
7,847 |
1,208 |
Postretirement benefit liability |
166 |
145 |
21 |
145 |
21 |
Contingent Liabilities: future failures |
17,688 |
21,267 |
(3,579) |
44,014 |
(26,326) |
Contingent Liabillties: systemic risk |
149 |
422 |
(273) |
1,412 |
(1,263) |
Contingent Liabilities: litigation losses & other |
300 |
300 |
- |
300 |
- |
Total Liabilities |
$88,441 |
$107,399 |
($18,958) |
$131,431 |
($42,990) |
FYI: Unrealized gain/(loss) on U.S. Treasury investments, net |
27 |
40 |
(13) |
142 |
(115) |
FYI: Unrealized gain/(loss) on trust preferred securities |
336 |
353 |
(17) |
- |
336 |
FYI: Unrealized postretirement benefit gain/(loss) |
(19) |
(3) |
(16) |
(3) |
(16) |
FUND BALANCE |
($7,352) |
($8,009) |
$657 |
($20,862) |
$13,510 |
Quarterly Assessments Premiums (based on insurance coverage period) ($ in millions) |
Month |
Cash Collections |
Prepaid Assessments |
4Q08 |
1,177 |
0 |
1Q09 |
2,593 |
0 |
2Q09 |
3,196 |
0 |
3Q09 |
8,622 |
0 |
4Q09 |
280 |
2,982 |
1Q10 |
265 |
3,037 |
2Q10 |
244 |
3,217 |
3Q10 |
216 |
3,181 |
4Q10 |
218 |
3,210 |
|
|