Ka Wai Ola - Office of Hawaiian Affairs, Volume 35, Number 1, 1 January 2018 — STATEMENT OF NET POSITION [ARTICLE]

STATEMENT OF NET POSITION

OFFICE OF HAWAIIAN AFFAIRS | STATE OF HAWAI'I

F0R THE FISCAL YEAR ENDING JUNE 30, 2017 (D0LLARS IN THOUSANDS)

GOVERNMENTAL BUSINESS-TYPE ASSETS: ACTIVITIES ACTIVITIES TOTAL Petty cash $ 1 $ 1 $ 2 Cash: Held in State Treasury 5J05 - 5,105 Held in bank 19,874 2,880 22,754 Held by investment managers 4,499 - 4,499 Restricted cash 246 120 366 Accounts receivable, net m 253 364 Interest and dividends receivable 66 - 66 Inteventory, prepaid items and other assets 908 211 1,119 Notes receivable, net: Due within one year 2,278 - 2,278 Due after one year 4,013 - 4,013 Investments 369,569 - 369,569 Capital assets - net 236,031 14,937 250,968 TOTAL ASSESTS $ 642,701 $ 18,402 $ 661,103 DEFERRED OUTFLOWS OF RESOURCES 3,071 - 3,071 (A) TOTAL DEFERRED OUTFLOWS OF RESOURCES $ 645,772 $ 18,402 $ 664,174 LIABILITIES Accounts payable and accrued liabilities $ 4,555 $ 496 $ 5,051 Due to State of Hawai'i 1,139 - 1,139 Long-term liabilites: Due within one year 2,088 - 2,088 Due after one year 52,136 - 52,136 TOTAL LIABILITIES 59,918 496 60,414 DEFERRED INFLOWS OF RESOURCES 1,414 - 1,414 (A) TOTAL LIABILITIES AND DEFERRED INFLOWS OF RESOURCES 61,332 496 61,828 COMMITMENTS AND CONTINGENCIES NET POSITION: Invested in capital assets, net of related debt 208,870 14,937 223,807 Restricted 25,413 120 25,533 Unrestricted 350,157 2,849 353,006 TOTAL NET POSITION 584,440 17,906 602,346 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES & NET POSITION $ 645,772 $ 18,402 $ 664,174 (A) = Same as last year as the FY17 final information is not yet made available.