|
STATE OF MARYLAND
Combining Statement of Revenues, Expenses
and Changes in Retained Earnings
Enterprise Funds
for the year ended June 30,1992
(Expressed in Thousands)
|
|
Economic
|
|
Maryland
|
|
Maryland
|
|
|
Maryland
Higher
|
Maryland
Deposit
|
|
|
|
|
Development
|
|
Food
|
Maryland
|
State
|
Maryland
|
|
Education
|
Insurance
|
Maryland
|
|
|
|
Insurance
|
Loan
|
Center
|
Transportation
|
Lottery
|
Environmental
|
State Use
|
Loan
|
Fund
|
Stadium
|
|
|
|
Programs
|
Programs
|
Authority
|
Authority
|
Agency
|
Service
|
Industries
|
Corporation
|
Corporation
|
Authority
|
Total
|
|
Operating revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
Lottery ticket sales ...........
|
|
|
|
|
$ 812,273
|
|
|
|
|
|
$ 812,273
|
|
Charges for services and sales . .
|
$ 5,582
|
$ 1,267
|
$ 3,081
|
$ 121,159
|
|
$28,229
|
$19,178
|
$ 2,301
|
|
$ 4,760
|
185,557
|
|
Interest and other investment
|
|
|
|
|
|
|
|
|
|
|
|
|
income ....................
|
6,482
|
210,150
|
|
|
|
|
|
862
|
|
|
217,494
|
|
Other .......................
|
1,471
|
13,326
|
27
|
|
|
|
|
13,039
|
$ 6,688
|
2,302
|
36,853
|
|
Total operating revenues . . .
|
13,535
|
224,743
|
3,108
|
121,159
|
812,273
|
28,229
|
19,178
|
16,202
|
6,688
|
7,062
|
1,252,177
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
Prizes and claims .............
|
|
|
|
|
394,273
|
|
|
|
|
|
394,273
|
|
Commissions and bonuses ......
|
|
|
|
|
41,493
|
|
|
|
|
|
41,493
|
|
Cost of sales and services ......
|
|
|
|
|
|
|
16,467
|
41,265
|
|
|
57,732
|
|
Operation and maintenance of
|
|
|
|
|
|
|
|
|
|
|
|
|
facilities ...................
|
|
9,170
|
|
63,850
|
|
21,034
|
|
|
|
3,472
|
97,526
|
|
General and administrative .....
|
5,041
|
11,459
|
1,734
|
6,635
|
28,971
|
4,519
|
2,652
|
7,556
|
262
|
852
|
69,681
|
|
Interest .....................
|
915
|
177,447
|
|
|
|
|
|
|
|
|
178,362
|
|
Depreciation and amortization . .
|
52
|
2,026
|
482
|
415
|
3,163
|
2,703
|
727
|
10
|
|
2,619
|
12,197
|
|
Provision for insurance and loan
|
|
|
|
|
|
|
|
|
|
|
|
|
losses .....................
|
3,948
|
26,335
|
|
|
|
|
|
(520)
|
(2,000)
|
|
27,763
|
|
Other .......................
|
|
4,620
|
288
|
|
|
|
|
|
|
|
4,908
|
|
Total operating expenses . . .
|
9,956
|
231,057
|
2,504
|
70,900
|
467,900
|
28,256
|
19,846
|
48,311
|
(1,738)
|
6,943
|
883,935
|
|
Operating income (loss) .....
|
3,579
|
(6,314)
|
604
|
50,259
|
344,373
|
(27)
|
(668)
|
(32,109)
|
8,426
|
119
|
368,242
|
|
Non-operating revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
(expenses):
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment income ............
|
|
|
251
|
5,286
|
|
221
|
|
|
816
|
527
|
7,101
|
|
Interest expense ..............
|
|
|
(501)
|
(21,734)
|
(1,483)
|
(904)
|
|
|
|
(2,719)
|
(27,341)
|
|
Operating grants .............
|
|
1,739
|
|
|
|
|
|
34,222
|
|
|
35,961
|
|
Other .......................
|
|
|
|
7,836
|
|
63
|
(159)
|
|
|
|
7,740
|
|
Operating income (loss)
|
|
|
|
|
|
|
|
|
|
|
|
|
before transfers .........
|
3,579
|
(4,575)
|
354
|
41,647
|
342,890
|
(647)
|
(827)
|
2,113
|
9,242
|
(2,073)
|
391,703
|
|
Operating transfers in ...........
|
|
|
|
|
|
|
|
|
|
20,141
|
20,141
|
|
Operating transfers out .........
|
|
|
|
|
(343,864)
|
|
|
|
(9,000)
|
(1,252)
|
(354,116)
|
|
Net income (loss) ..........
|
3,579
|
(4,575)
|
354
|
41,647
|
(974)
|
(647)
|
(827)
|
2,113
|
242
|
16,816
|
57,728
|
|
Add: Depreciation of cost of assets
|
|
|
|
|
|
|
|
|
|
|
|
|
acquired from contributed
|
|
|
|
|
|
|
|
|
|
|
|
|
capital ......................
|
|
|
12
|
|
|
1,077
|
126
|
|
|
|
1,215
|
|
Increase (decrease) in
|
|
|
|
|
|
|
|
|
|
|
|
|
retained earnings ........
|
3,579
|
(4,575)
|
366
|
41,647
|
(974)
|
430
|
(701)
|
2,113
|
242
|
16,816
|
58,943
|
|
Retained earnings (deficit),
|
|
|
|
|
|
|
|
|
|
|
|
|
July 1, 1991 ..................
|
63,619
|
210,807
|
12,247
|
991,320
|
652
|
2,681
|
10,092
|
7,466
|
(137,526)
|
84,726
|
1,246,084
|
|
Retained earnings (deficit),
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 1992 ................
|
$67,198
|
$206,232
|
$12,613
|
$1,032,967
|
$ (322)
|
$ 3,111
|
$ 9,391
|
$ 9,579
|
$(137,284)
|
$101,542
|
$1,305,027
|
66
|
 |
