Combined Statements of Financial Position
March 31, 2001 and 2000
SPEEA Combined All Funds
General Properties, Eliminations
Fund Board Designated Funds Inc. (Note 11) 2001 2000
Strike &
Good of the Negotiation Building
Union Funds Fund Fund
A s s e t s
Current assets:
Cash (Note 2):
Checking and savings accounts $ 400,979 $ 18,341 $ $ $ 9,813 $ 429,133 $ 447,821
Temporary cash investments 183   78,627 969   79,779 57,982
$ 401,162 $ 18,341 $ 78,627 $ 969 $ 9,813 $ 508,912 $ 505,803
Reimbursement receivable (Note 9) 21,035
Prepaid expenses (Note 1) 32,717         32,717 32,059
Total current assets $ 433,879 $ 18,341 $ 78,627 $ 969 $ 9,813 $ 541,629 $ 558,897
Land, building, furniture and
equipment (Note 3) $ 679,142 $ 878,312 $ 1,557,454 $ 1,475,275
Less accumulated depreciation (293,511) (579,244) (872,755) (983,410)
$ 385,631 $ 299,068 $ 684,699 $ 491,865
Other assets:
Investments (Note 5) $ 497,960 $ $ 517,838 $ $ $ 1,015,798 $ 1,351,832
Affiliate (Notes 1 & 11) 140,000 (140,000)
Deferred tax benefit (Note 4)         63,879   63,879 60,764
$ 637,960 $ 0 $ 0 $ 517,838 $ 63,879 $ (140,000) $ 1,079,677 $ 1,412,596
$ 1,457,470 $ 18,341 $ 78,627 $ 518,807 $ 372,760 $ (140,000) $ 2,306,005 $ 2,463,358
Liabilities and Net Assets
Current liabilities:
Accounts payable (Note 1) $ 129,929 $ 3,821 $ 133,750 $ 337,988
Provision for severance pay and
compensatory time off payable 171,902   171,902 119,638
Total current liabilities $ 301,831 $ 3,821 $ 305,652 $ 457,626
Net assets 1,155,639 18,341 78,627 518,807 368,939 (140,000) 2,000,353 2,005,732
$ 1,457,470 $ 18,341 $ 78,627 $ 518,807 $ 372,760 $ (140,000) $ 2,306,005 $ 2,463,358