State of North Carolina STATEMENT OF FIDUCIARY NET POSITION ...
State of North Carolina STATEMENT OF FIDUCIARY NET POSITION FIDUCIARY FUNDS Exhibit B-6
June 30, 2016 (Dollars in Thousands) Pension and Other Employee Benefit Trust Funds
PrivatePurpose Trust Funds
Investment Trust Funds
Agency Funds
Assets Cash and cash equivalents (Note 3)......................................... Investments (Note 3): U.S. government and agency securities................................. Corporate bonds.................................................................... Certificates of deposit............................................................ Collective investment funds................................................... State Treasurer investment pool............................................ Unallocated insurance contracts............................................ Synthetic guaranteed investment contracts........................... Non-State Treasurer pooled investments............................... Securities lending collateral (Note 3)......................................... Receivables: Taxes receivable................................................................... Accounts receivable.............................................................. Interest receivable................................................................ Contributions receivable....................................................... Due from other funds (Note 10)................................................ Due from component units........................................................ Notes receivable....................................................................... Sureties.................................................................................... Total Assets..............................................................................
$
367,116
$
12,334
$
121,356
$
— — — 231,185 88,464,006 780,873 1,333,667 6,706,432 2,744,144
— — — — 1,128,919 — — — 42,716
97 — 39,602 — 7,339 — — — 980
4,985,782 — — 1,386 525 — 47,685 — — — 243,719
— 30,126 403 145,168 63,163 20,394 311,679 — 101,198,356
— — 772 — — — — — 1,184,741
— — 5 — — — — 859,026 1,028,405
173,475 6,090 47 — 38,571 — — 91,325 5,588,605
1,462 — 4,252 2,744,144 — 7,303 2,757,161
— — — 42,716 — — 42,716
— — — 980 — — 980
5 839,385 — 243,719 1,783 4,503,713 5,588,605
95,315,039 1,522,956 1,603,200 — — $ 98,441,195
— — — 913,237 228,788 1,142,025
— — — — 1,027,425 1,027,425
— — — — — —
Liabilities Accounts payable and accrued liabilities: Accounts payable................................................................. Intergovernmental payable.................................................... Benefits payable................................................................... Obligations under securities lending......................................... Deposits payable...................................................................... Funds held for others................................................................ Total Liabilities..........................................................................
Net Position Restricted for: Pension benefits.................................................................... Other postemployment benefits............................................. Other employee benefits........................................................ Pool participants.................................................................... Individuals, organizations, and other governments................ Total Net Position.....................................................................
$
The accompanying Notes to the Financial Statements are an integral part of this statement.
68
$
$
State of North Carolina STATEMENT OF CHANGES IN FIDUCIARY NET POSITION FIDUCIARY FUNDS Exhibit B-7
For the Fiscal Year Ended June 30, 2016 (Dollars in Thousands) Pension and Other Employee Benefit Trust Funds Additions Contributions: Employer............................................................................... Members............................................................................... Trustee deposits.................................................................... Other contributions................................................................ Total contributions.............................................................. Investment income: Investment earnings (loss)..................................................... Less investment expenses..................................................... Net investment income (loss).............................................. Pool share transactions: Reinvestment of dividends..................................................... Net share purchases.............................................................. Net pool share transactions................................................ Other additions: Fees, licenses, and fines....................................................... Interest earnings on loans...................................................... Miscellaneous........................................................................ Total other additions........................................................... Total additions.......................................................................... Deductions Claims and benefits.................................................................. Medical insurance premiums ................................................... Refund of contributions............................................................. Distributions paid and payable.................................................. Payments in accordance with trust arrangements..................... Administrative expenses........................................................... Other deductions...................................................................... Total deductions.................................................................... Change in net position........................................................ Net position — July 1................................................................ Net position — June 30............................................................
$
2,864,232 1,634,554 — 45,593 4,544,379
PrivatePurpose Trust Funds
Investment Trust Funds
$
1,318,181 (582,072) 736,109
— — — — —
$
(2,631) (1,362) (3,993)
— — 130,709 — 130,709 2,302 (4) 2,298
— — —
(3,634) 27,638 24,004
— — —
3,150 12,905 2,549 18,604 5,299,092
— — — — 20,011
— — — — 133,007
6,135,285 855,948 175,268 — — 20,388 8,397 7,195,286 (1,896,194) 100,337,389 $ 98,441,195
— — — (3,634) — — — (3,634) 23,645 1,118,380 1,142,025
— — — — 151,405 — — 151,405 (18,398) 1,045,823 1,027,425
$
The accompanying Notes to the Financial Statements are an integral part of this statement.
69
$
June 30, 2016 (Dollars in Thousands) Pension and Other Employee Benefit Trust Funds
PrivatePurpose Trust Funds
Investment Trust Funds
Agency Funds
Assets Cash and cash equivalents (Note 3)......................................... Investments (Note 3): U.S. government and agency securities................................. Corporate bonds.................................................................... Certificates of deposit............................................................ Collective investment funds................................................... State Treasurer investment pool............................................ Unallocated insurance contracts............................................ Synthetic guaranteed investment contracts........................... Non-State Treasurer pooled investments............................... Securities lending collateral (Note 3)......................................... Receivables: Taxes receivable................................................................... Accounts receivable.............................................................. Interest receivable................................................................ Contributions receivable....................................................... Due from other funds (Note 10)................................................ Due from component units........................................................ Notes receivable....................................................................... Sureties.................................................................................... Total Assets..............................................................................
$
367,116
$
12,334
$
121,356
$
— — — 231,185 88,464,006 780,873 1,333,667 6,706,432 2,744,144
— — — — 1,128,919 — — — 42,716
97 — 39,602 — 7,339 — — — 980
4,985,782 — — 1,386 525 — 47,685 — — — 243,719
— 30,126 403 145,168 63,163 20,394 311,679 — 101,198,356
— — 772 — — — — — 1,184,741
— — 5 — — — — 859,026 1,028,405
173,475 6,090 47 — 38,571 — — 91,325 5,588,605
1,462 — 4,252 2,744,144 — 7,303 2,757,161
— — — 42,716 — — 42,716
— — — 980 — — 980
5 839,385 — 243,719 1,783 4,503,713 5,588,605
95,315,039 1,522,956 1,603,200 — — $ 98,441,195
— — — 913,237 228,788 1,142,025
— — — — 1,027,425 1,027,425
— — — — — —
Liabilities Accounts payable and accrued liabilities: Accounts payable................................................................. Intergovernmental payable.................................................... Benefits payable................................................................... Obligations under securities lending......................................... Deposits payable...................................................................... Funds held for others................................................................ Total Liabilities..........................................................................
Net Position Restricted for: Pension benefits.................................................................... Other postemployment benefits............................................. Other employee benefits........................................................ Pool participants.................................................................... Individuals, organizations, and other governments................ Total Net Position.....................................................................
$
The accompanying Notes to the Financial Statements are an integral part of this statement.
68
$
$
State of North Carolina STATEMENT OF CHANGES IN FIDUCIARY NET POSITION FIDUCIARY FUNDS Exhibit B-7
For the Fiscal Year Ended June 30, 2016 (Dollars in Thousands) Pension and Other Employee Benefit Trust Funds Additions Contributions: Employer............................................................................... Members............................................................................... Trustee deposits.................................................................... Other contributions................................................................ Total contributions.............................................................. Investment income: Investment earnings (loss)..................................................... Less investment expenses..................................................... Net investment income (loss).............................................. Pool share transactions: Reinvestment of dividends..................................................... Net share purchases.............................................................. Net pool share transactions................................................ Other additions: Fees, licenses, and fines....................................................... Interest earnings on loans...................................................... Miscellaneous........................................................................ Total other additions........................................................... Total additions.......................................................................... Deductions Claims and benefits.................................................................. Medical insurance premiums ................................................... Refund of contributions............................................................. Distributions paid and payable.................................................. Payments in accordance with trust arrangements..................... Administrative expenses........................................................... Other deductions...................................................................... Total deductions.................................................................... Change in net position........................................................ Net position — July 1................................................................ Net position — June 30............................................................
$
2,864,232 1,634,554 — 45,593 4,544,379
PrivatePurpose Trust Funds
Investment Trust Funds
$
1,318,181 (582,072) 736,109
— — — — —
$
(2,631) (1,362) (3,993)
— — 130,709 — 130,709 2,302 (4) 2,298
— — —
(3,634) 27,638 24,004
— — —
3,150 12,905 2,549 18,604 5,299,092
— — — — 20,011
— — — — 133,007
6,135,285 855,948 175,268 — — 20,388 8,397 7,195,286 (1,896,194) 100,337,389 $ 98,441,195
— — — (3,634) — — — (3,634) 23,645 1,118,380 1,142,025
— — — — 151,405 — — 151,405 (18,398) 1,045,823 1,027,425
$
The accompanying Notes to the Financial Statements are an integral part of this statement.
69
$
