Ka Wai Ola - Office of Hawaiian Affairs, Volume 20, Number 04, 1 ʻApelila 2003 — Page 23 Advertisements Column 1 [ADVERTISEMENT]

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COMBINED BALANCE SHEET AS OF SEPTEMBER 30, 2002 .eem FUNDS ACCOUNT A»cis GROUPS Petty cash $ 10,000.00 Cash in state treasury 7,792,865.27 Cash held outside of state treasury 16,708,270.69 Interfund assets ® • Accountsreceivable 659,170.14 I Interest and dividends receivable 1,824,970.19 1 Notes receivable Allowanee for doubtful accounts (5,464,800.42) Prepaid expenses 07 Security deposit 47,187.0/ NHTF investments (market value) 242,681,654.82 NHTF premium (discount) carrying 231,159.12 NHRLF investments (market value) 16,263,282.12 NHRLF premium (discount) carrying 84,121.32 Accrued interest paid - bond purchase 201,122.15 ^ ^ ^ Lan'1J. 1,04L303.96 I Building 337 q2 Leasehold improvements 062153 18 Furaiture, software & equipment ' Artworic »24 400 44 _ Prov for LT debt - oper lease rent 555 797 66 Prov for accrued vacation and eomp time 548 535 00 Prov for est claims and judgements '

COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANCES IN FUND BALANCES FOR THE THREE MONTHS ENPEP SEPTEMBER 30, 2002 «evenues s General fund appropriations $ 2,532,663.00 Public land trust ^ g^g 643*67 Dividend and interest ineome ' Hawaiian rights fund 64 062 90 Federal and other grants 2*639 45 Newspaper ads 4126 97 Donations and other 35',843".81 Nommposed fringe benents I

TOTAL REVENUES $ 5,494,540.67 EXPENDITURES Current Programs: $ 339^5.44 Board of Trustees l 711 577 81 Support Services 004 qq Beneficiary Advocacy 1,352,884.07

TOTAL EXPENDITURES $ 3,404,327.94 EXCESS (defidency) of revenues over expenditures $ 2,090,212.73 OTHER FINANCING SOURCES (USES) Realized gain (loss) on sale of investments * . Unrealized gain (loss) on investments held (35 843 8 1) Non-imposed fnnge expense (3*28043) NHLCretainedportion m, 356*2) Bad debt expense s q qq Operating transfers , . g ' Lapse of cash to state general fund ^ 1272 79) Investment manager fees ' TOTAL OTHER FINANCING SOURCES (USES) (22,358,915.97)

1 TOTAL ASSETS $300,207,923.75 $ 5,601,627.26 I LIABILITIES Accounts and other payables $ 2,8 14,29 1 .47 Due to State of Hawaii 1 10,000.00 Operating lease rents 924,400.44 Accrued vacation and eomp time 555,797.66 Estimated claims and jdgements 548,535.00

TOTAL LIAB1LIT1ES ~ $ 2'924'29147 » 2,028,733.10~ Fund Balance: «3 572 89416 Investments in fixed assets $6,207,148.66 ' " Reserve for encumbrances • ' ' Reserve for prepaid exp and sec depo.it Reserve for notes receivable • ' ^ Unreserved fund halanee • ' $ 297,283,632.28 $ 3,572,894.16 Total Fund Balance TOTAL LIABILITIES AND FUND BALANCE $ 300,207,923.75 $ 5,601,627.26

EXCESS (deficiency) of revenues and other financing sources over expendltures and other financing uses (20,268,703.24) FUND BALANCE, BEGINNING OFYEAR $ 317,552,335.52 FUND BALANCE, ENP OF PERIOD $ 297,283,632.28

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