Fiscal Year 2005 Performance and Accountability Report Published November 15, 2005
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DEPARTMENT OF VETERANS AFFAIRS CONSOLIDATED BALANCE SHEETS (DOLLARS IN MILLIONS) AS OF SEPTEMBER 30,
|
2005 |
2004 |
ASSETS INTRAGOVERNMENTAL
|
Fund Balance with Treasury (Note 3) |
$17,087 |
$16,741 |
Investments (Note 5) |
13,286 |
13,643 |
Accounts Receivable, Net (Note 6) |
72 |
132 |
Other Assets |
40 |
122 |
TOTAL INTRAGOVERNMENTAL ASSETS |
30,485 |
30,638 |
|
2005 |
2004 |
ASSETS PUBLIC
|
Investments (Note 5) |
178 |
184 |
Accounts Receivable, Net (Note 6) |
920 |
887 |
Loans Receivable, Net (Note 7) |
2,320 |
2,954 |
Cash (Note 4) |
87 |
68 |
Inventories (Note 8) |
76 |
69 |
General Property, Plant and Equipment, Net (Note 9) |
11,232 |
11,215 |
Other Assets |
46 |
56 |
TOTAL PUBLIC ASSETS |
14,859 |
15,433 |
|
2005 |
2004 |
TOTAL ASSETS |
$45,344 |
$46,071 |
|
2005 |
2004 |
LIABILITIES INTRAGOVERNMENTAL
|
Accounts Payable |
$66 |
$72 |
Debt |
2,193 |
2,618 |
Other Liabilities (Note 13) |
2,619 |
2,134 |
TOTAL INTRAGOVERNMENTAL LIABILITIES |
4,878 |
4,824 |
|
2005 |
2004 |
LIABILITIES PUBLIC
|
Accounts Payable |
570 |
3,003 |
Liabilities for Loan Guarantees (Note 7) |
3,465 |
4,740 |
Federal Employee and Veterans Benefits Liability (Note 11) |
1,124,376 |
926,553 |
Environmental and Disposal Liabilities (Note 12) |
376 |
339 |
Insurance Liabilities (Note 15) |
12,014 |
12,291 |
Other Liabilities (Note 13) |
7,077 |
7,047 |
TOTAL PUBLIC LIABILITIES |
1,147,878 |
953,973 |
|
2005 |
2004 |
TOTAL LIABILITIES |
1,152,756 |
958,797 |
|
2005 |
2004 |
NET POSITION
|
Unexpended Appropriations |
2,306 |
2,642 |
Cumulative Results of Operations |
(1,109,718) |
(915,368) |
TOTAL NET POSITION |
(1,107,412) |
(912,726) |
|
2005 |
2004 |
The accompanying Notes are an integral part of these financial statements. |
TOTAL LIABILITIES AND NET POSITION |
$45,344 |
$46,071 |
|