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