|
A "Statement of Net Assets" is equivalent to a Balance Sheet in the private sector. It lists the Retirement Fund's Assets, Liabilities, and "Net Assets", or in private sector terms, "Equity".
The data is obtained from MCERA's Audited Financial Statements for each of these years. The auditor was V. James Sligh. We've checked the data and think it's the same as on the audits, but it's always possible a number or two might be wrong.
(Note: You can highlight the table, copy it, and paste it into a spreadsheet such as Excel if you want.)
|
|
|
|
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
Cash and Short-Term Investments |
2,549,019 |
4,560,407 |
27,928,265 |
3,205,882 |
2,750,640 |
24,462,933 |
17,841,046 |
8,525,542 |
15,442,664 |
9,637,652 |
|
|
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
Employer |
0 |
317,995 |
137,470 |
181,730 |
216,939 |
240,537 |
364,640 |
408,592 |
490,783 |
44,383 |
|
|
|
Investment Sales |
0 |
1,728,552 |
445,229 |
7,756 |
892,185 |
7,593,816 |
2,624,862 |
913,205 |
29,757,554 |
15,318,725 |
|
|
|
Interest and Dividends Receivable |
1,189,020 |
1,389,023 |
1,500,037 |
1,379,022 |
963,522 |
1,065,941 |
1,005,312 |
1,082,227 |
1,481,062 |
1,226,433 |
|
|
|
Other |
0 |
0 |
0 |
1,498 |
0 |
240 |
16,500 |
11,515 |
4,729 |
8,539 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Receivables |
1,189,020 |
3,435,570 |
2,082,736 |
1,570,006 |
2,072,646 |
8,900,534 |
4,011,314 |
2,415,539 |
31,734,128 |
16,598,080 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments at Fair Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S Government obligations |
39,319,659 |
35,719,340 |
38,990,545 |
37,551,838 |
31,016,639 |
43,176,013 |
46,246,261 |
56,625,404 |
58,306,761 |
60,366,225 |
|
|
|
International Bonds |
0 |
3,346,756 |
1,630,504 |
1,313,632 |
3,530,243 |
3,038,602 |
1,298,508 |
314,279 |
1,749,741 |
1,538,832 |
|
|
|
Domestic corporate bonds |
20,835,570 |
18,635,805 |
22,844,683 |
20,581,723 |
20,274,324 |
20,910,279 |
21,726,314 |
26,392,748 |
33,531,393 |
34,127,543 |
|
|
|
Domestic stocks |
52,671,787 |
58,918,333 |
58,182,083 |
60,273,924 |
53,192,771 |
89,584,475 |
112,115,872 |
116,057,179 |
114,678,814 |
131,487,674 |
|
|
|
International stocks |
26,959,566 |
28,659,010 |
13,640,513 |
27,339,185 |
29,599,311 |
38,557,203 |
46,301,976 |
47,951,199 |
23,561,785 |
68,184,382 |
|
|
|
Real Estate |
0 |
0 |
0 |
0 |
0 |
0 |
11,097,144 |
29,956,907 |
33,329,665 |
33,650,726 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Investments |
139,786,582 |
145,279,244 |
135,288,328 |
147,060,302 |
137,613,288 |
195,266,572 |
238,786,075 |
277,297,716 |
265,158,159 |
329,355,382 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets |
143,524,621 |
153,275,221 |
165,299,329 |
151,836,190 |
142,436,574 |
228,630,039 |
260,638,435 |
288,238,797 |
312,334,951 |
355,591,114 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable |
107,484 |
72,802 |
67,979 |
199,490 |
58,186 |
57,367 |
121,638 |
161,637 |
195,939 |
108,645 |
|
|
Accrued payroll taxes payable |
22,960 |
29,549 |
14,554 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
Accrued Expenses |
0 |
1,287 |
278 |
18,839 |
332,330 |
2,988 |
0 |
0 |
0 |
0 |
|
|
Investment Purchases |
0 |
2,288,770 |
848,166 |
0 |
657,362 |
4,095,405 |
2,486,052 |
7,849,865 |
4,808,910 |
1,310,345 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Liabilities |
130,444 |
2,392,408 |
930,977 |
218,329 |
1,047,878 |
4,155,760 |
2,607,690 |
8,011,502 |
5,004,849 |
1,418,990 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET TRUST ASSETS |
143,394,177 |
150,882,813 |
164,368,352 |
151,617,861 |
141,388,696 |
224,474,279 |
258,030,745 |
280,227,295 |
307,330,102 |
354,172,124 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
