Fiscal Year 2004 Performance and Accountability Report Published November 15, 2004
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DEPARTMENT OF VETERANS AFFAIRS CONSOLIDATED BALANCE SHEETS (DOLLARS IN MILLIONS) AS OF SEPTEMBER 30,
|
2004 |
2003 |
The accompanying Notes are an integral part of these financial statements. |
ASSETS INTRAGOVERNMENTAL
|
Fund Balance with Treasury (Note 3) |
$16,741 |
$17,795 |
Investments (Note 5) |
13,643 |
13,941 |
Accounts Receivable, Net (Note 6) |
132 |
196 |
Other Assets |
122 |
96 |
TOTAL INTRAGOVERNMENTAL ASSETS |
30,638 |
32,028 |
ASSETS PUBLIC
|
Investments (Note 5) |
184 |
201 |
Accounts Receivable, Net (Note 6) |
887 |
859 |
Loans Receivable, Net (Note 7) |
2,954 |
4,655 |
Cash (Note 4) |
68 |
41 |
Inventories (Note 8) |
69 |
73 |
General Property, Plant and Equipment, Net (Note 9 |
11,215 |
10,949 |
Other Assets |
56 |
29 |
TOTAL PUBLIC ASSETS |
15,433 |
16,807 |
TOTAL ASSETS |
$46,071 |
$48,835 |
LIABILITIES INTRAGOVERNMENTAL
|
Accounts Payable |
$72 |
$61 |
Debt |
2,618 |
2,854 |
Other Liabilities (Note 13) |
2,134 |
3,506 |
TOTAL INTRAGOVERNMENTAL LIABILITIES |
4,824 |
6,421 |
LIABILITIES PUBLIC
|
Accounts Payable |
3,003 |
2,907 |
Liabilities for Loan Guarantees (Note 7) |
4,740 |
4,756 |
Federal Employee and Veterans Benefits Liability (Note 11) |
926,553 |
956,688 |
Environmental and Disposal Liabilities (Note 12) |
339 |
375 |
Insurance Liabilities (Note 15) |
12,291 |
12,640 |
Other Liabilities (Note 13) |
7,047 |
6,309 |
TOTAL PUBLIC LIABILITIES |
953,973 |
983,675 |
TOTAL LIABILITIES |
958,797 |
990,096 |
NET POSITION
|
Unexpended Appropriations |
2,642 |
4,233 |
Cumulative Results of Operations |
(915,368) |
(945,494) |
TOTAL NET POSITION |
(912,726) |
(941,261) |
TOTAL LIABILITIES AND NET POSITION |
$46,071 |
$48,835 |
|