STATE OF MARYLAND
Combining Statement of Revenues and Expenses
Other Enterprise Funds
for the year ended June 30,1979
(Expressed in Thousands)
|
|
Maryland
|
|
|
Maryland
|
|
|
|
|
Food
|
Maryland
|
Maryland
|
Environ-
|
|
|
|
Economic
|
Center
|
Transportation
|
State
|
mental
|
State Use
|
|
|
Development
|
Authority
|
Authority
|
Lottery
|
Services
|
Industries
|
Total
|
Operating revenues:
|
|
|
|
|
|
|
|
Lottery ticket sales ..................................
|
|
|
|
$332,097
|
|
|
$332,097
|
Charges for services and sales .........................
|
$ 995
|
$ 665
|
$48,498
|
|
$12,058
|
$5,889
|
68,105
|
Interest and other investment income ..................
|
19,618
|
357
|
3,624
|
|
86
|
|
23,685
|
Other .............................................
|
3,238
|
508
|
2,264
|
1,774
|
|
67
|
7,851
|
Federal revenue ....................................
|
3,650
|
|
|
|
|
241
|
3,891
|
Total revenues ................................
|
27,501
|
1,530
|
54,386
|
333,871
|
12,144
|
6,197
|
435,629
|
Operating expenses:
|
|
|
|
|
|
|
|
Prizes and claims ...................................
|
|
|
|
167,226
|
|
|
167,226
|
Commissions and bonuses ............................
|
|
|
|
16,676
|
|
|
16,676
|
Cost of sales and servjces .............................
|
|
260
|
|
|
|
5,491
|
5,751
|
Operation and maintenance of facilities .................
|
|
|
11,675
|
|
11,773
|
|
23,448
|
General and administrative ...........................
|
6,940
|
360
|
5,415
|
19,726
|
|
605
|
33,046
|
Interest ...........................................
|
13,675
|
44
|
6,801
|
|
354
|
|
20,874
|
Depreciation and amortization ........................
|
101
|
127
|
|
|
|
117
|
345
|
Other .............................................
|
|
|
117
|
|
|
|
117
|
Total expenses ................................
|
20,716
|
791
|
24,008
|
203,628
|
12,127
|
6,213
|
267,483
|
Income (loss) before extraordinary item ............
|
6,785
|
739
|
30,378
|
130,243
|
17
|
(16)
|
168,146
|
Extraordinary item-gain on refunding of revenue bonds .....
|
|
|
36,216
|
|
|
|
36,216
|
Net income (loss) ..................................
|
6,785
|
739
|
66,594
|
130,243
|
17
|
(16)
|
204,362
|
Add: Depreciation of cost of assets acquired from contributed
|
|
|
|
|
|
|
|
capital .................................................
|
|
|
|
|
|
14
|
14
|
Net income (loss) credited to retained earnings (deficit) .......
|
$ 6,785
|
$ 739
|
$66,594
|
$130,243
|
$ 17
|
$ (2)
|
$204,376
|
STATE OF MARYLAND
Combining Statement of Changes in
Contributed Capital and Retained Earnings
Other Enterprise Funds
for the year ended June 30, 1979
(Expressed in Thousands)
|
|
Maryland
|
|
|
Maryland
|
|
|
|
|
Food
|
Maryland
|
Maryland
|
Environ-
|
|
|
|
Economic
|
Center
|
Transportation
|
State
|
mental
|
State Use
|
|
|
Development
|
Authority
|
Authority
|
Lottery
|
Services
|
Industries
|
Total
|
Contributed Capital:
|
|
|
|
|
|
|
|
Balance July 1, 1978, as previously reported ...............
|
|
|
|
|
|
|
$ — 0 —
|
Adjustments............................................
|
$12,000
|
|
$ 4,331
|
$ 8,000
|
$16,647
|
$401
|
41,379
|
Balance, July 1, 1978, as restated .........................
|
12,000
|
|
4,331
|
8,000
|
16,647
|
401
|
41,379
|
Contributions...........................................
|
19,025
|
|
|
|
1,415
|
87
|
20,527
|
Depreciation of cost of assets acquired from contributed
|
|
|
|
|
|
|
|
capital ...............................................
|
|
|
|
|
|
(14)
|
(14)
|
Balance, June 30, 1979 ................................
|
$31,025
|
|
$ 4,331 :
|
$ 8,000
|
$18,062
|
$474
|
$ 61,892
|
Retained Earnings (Deficit):
|
|
|
|
|
|
|
|
Balance July 1, 1978, as previously reported ...............
|
|
|
|
|
|
|
$ — 0—
|
Adjustments ............................................
|
$27,552
|
$ 1,441
|
$501,257
|
$ 1,166
|
$ 307
|
$ (32)
|
531,691
|
Balance July 1, 1978, as restated .........................
|
27,552
|
1,441
|
501,257
|
1,166
|
307
|
(32)
|
531,691
|
Net income (loss) for the year ended June 30, 1979 —
|
|
|
|
|
|
|
|
transferred to retained earnings ........................
|
6,785
|
739
|
66,594
|
130,243
|
17
|
(2)
|
204,376
|
Transfer of lottery earnings to general fund................
|
|
|
|
(130,081)
|
|
|
(130,081)
|
Balance, June 30, 1979 ................................
|
$34,337
|
$ 2,180
|
$567,851 :
|
$ 1,328
|
$ 324
|
$ (34)
|
$ 605,986
|
32
|
 |