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Wisconsin Health and Educational Facilities Authority
Statements of Net Position
June 30, 2019 and 2018
ASSETS 2019 2018
Current assets
Cash and cash equivalents $ 141,780 $ 165,012
Investments 1,598,167 1,685,787
Accrued annual fees 293,251 246,916
Receivables and other assets 25,719 21,742
Total current assets 2,058,917 2,119,457
Noncurrent assets
Capital assets, net 39,541 50,146
Net pension asset - 65,357
Total noncurrent assets 39,541 115,503
Total assets 2,098,458 2,234,960
DEFERRED OUTFLOWS OF RESOURCES
Deferred outflows related to pension 205,414 108,180
LIABILITIES
Current liabilities
Accounts payable 8,099 5,968
Accrued payroll and fringe benefits 4,480 6,440
Compensated absences 21,648 22,425
Total current liabilities 34,227 34,833
Long-term liabilities
Compensated absences 44,837 38,442
Net pension liability 80,137 -
Total long-term liabilities 124,974 38,442
Total liabilities 159,201 73,275
DEFERRED INFLOWS OF RESOURCES
Deferred inflows related to pension 111,766 130,027
NET POSITION
Net Position
Net Investment in capital assets 39,541 50,146
Restricted - 65,357
Unrestricted 1,993,364 2,024,335
Total net position $ 2,032,905 $ 2,139,838
See accompanying notes to the financial statements.
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