|
16. Segment Information - Enterprise Funds:
Activity segments included in enterprise funds are described in Note IB. Selected financial information
(amounts expressed in thousands) with respect to these segments is as follows:
|
|
Economic
|
Development
|
Warehouse
Development
|
Segments
Toll Facilities
(Maryland)
|
|
Water Supply
|
|
Student Loan
|
|
|
Insurance
|
Loan
|
and
|
Transportation
|
|
and Water
|
|
Insurance
|
|
|
Programs
|
Programs
|
Rentals
|
Authority)
|
Lottery
|
Disposal
|
Manufacturing
|
Programs
|
|
Operating revenues .........
|
$ 8,869
|
$ 96,173
|
$ 3,708
|
$ 85,786
|
$540,387
|
$15,757
|
$8,728
|
$ 5,657
|
|
Depreciation and
|
|
|
|
|
|
|
|
|
|
amortization .............
|
|
1,230
|
268
|
143
|
2,019
|
7
|
129
|
17
|
|
Operating income (loss) .....
|
7,125
|
(5,325)
|
1,764
|
44,900
|
210,723
|
(51)
|
1,292
|
(13,326)
|
|
Operating grants ...........
|
|
14,041
|
|
|
|
|
|
12,844
|
|
Operating interfund
|
|
|
|
|
|
|
|
|
|
transfers:
|
|
|
|
|
|
|
|
|
|
In .......................
|
|
|
|
|
|
|
|
2,540
|
|
Out .....................
|
|
|
|
|
209,585
|
|
|
2,350
|
|
Net income (loss) ...........
|
7,125
|
8,716
|
1,764
|
44,900
|
1,138
|
(51)
|
1,292
|
(292)
|
|
Current capital
|
|
|
|
|
|
|
|
|
|
contributions ............
|
4,000
|
16,980
|
|
|
|
5,913
|
|
|
|
Property, plant, and
|
|
|
|
|
|
|
|
|
|
equipment:
|
|
|
|
|
|
|
|
|
|
Additions ................
|
|
1,688
|
4,419
|
7,560
|
4,504
|
4,547
|
412
|
|
|
Total assets ................
|
97,696
|
1,123,783
|
23,033
|
862,696
|
44,636
|
52,979
|
4,412
|
22,867
|
|
Bonds and other long-term
|
|
|
|
|
|
|
|
|
|
liabilities:
|
|
|
|
|
|
|
|
|
|
Payable from operating
|
|
|
|
|
|
|
|
|
|
revenues ...............
|
|
829,973
|
|
116,600
|
|
7,834
|
|
|
|
Payable from other sources .
|
|
62,925
|
|
|
|
|
|
|
|
Total capital ...............
|
93,030
|
195,268
|
7,271
|
738,762
|
12,169
|
37,113
|
1,997
|
9,671
|
17. Subsequent Event:
Under legislation enacted in April 1984, the University of Maryland Medical System Corporation, a
private, non-profit, non-stock corporation, was founded on June 1, 1984. The purpose of the Corporation is to
own and manage the University of Maryland Medical System, which is comprised of the the Hospital and the
clinical health care component of the University's Baltimore City Campus.
Effective July 1, 1984 the Corporation became an independent, self-governing unit and is no longer a
component of the University of Maryland. The Maryland State Board of Public Works approved the transfer of
the Medical System from the University to the Corporation. The Corporation assumed essentially all
liabilities of the Medical System as of June 30, 1984, along with the future costs associated with former
employees of the University involved in the transfer and new employees of the Corporation.
The Hospital was a component of the University during 1984 and accordingly is included in the
accompanying financial statements. The Hospital represents 8% of total assets, 26% of total revenues, and 17%
of total expenses of the Higher Education and University Hospital Fund.
52
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 |
