|
The permanent mortgage loans consist of financing for single and multi-family projects, rental projects, small
businesses, industrial sites and various other purposes.
Savings and loan association loans were purchased from or made to member associations of the Maryland
Deposit Insurance Fund Corporation.
Student and health profession loans are made pursuant to student loan programs funded through the U.S.
Government.
8. Property, Plant and Equipment:
A. Enterprise Funds:
Property, plant and equipment of the Enterprise funds, as of June 30,1994, consists of the following (amounts
expressed in thousands):
|
Land and improvements (includes land being held for development or sale of $4,797) ...........
|
$110,934
|
|
Structure and improvements...............................................................................................
|
133,156
|
|
Eqmpment ................ ........................................
|
50,187
|
|
Construction in progress ........................................................................................................
|
14,190
|
|
|
308,467
|
|
Less accumulated depreciation............................................................................................
|
31,175
|
|
Total.................................................................................................................................
|
$277,292
|
B. General Fixed Assets:
General fixed assets activity by asset classification for the year ended June 30, 1994, follows (amounts
expressed in thousands):
|
|
Balance
|
|
|
Transfers
|
Balance
|
|
Classification
|
July 1, 1993
|
Additions
|
Deletions
|
in (out)
|
June 30, 1994
|
|
Land and improvements ..................................................................................
|
$ 905,499
|
$ 82,065
|
$ (266)
|
$ 31,711
|
$1,019,009
|
|
Structure and improvements.............................................. .......................... ...
|
4,867,462
|
109,806
|
(9,751)
|
70,194
|
5,037,711
|
|
Equipment..........................................................................................................
|
1,212,021
|
81,499
|
(34,400)
|
14,998
|
1,274,118
|
|
Construction in progress .................................................................................
|
500,108
|
239,175
|
|
(116,903)
|
622,380
|
|
Total.................................................................................................................
|
$7,485,090
|
$512,545
|
$(44,417)
|
$ 0
|
$7,953,218
|
C. Component Units:
Property, plant and equipment of the Component Units, as of June 30, 1994, consists of the following (amounts
expressed in thousands):
|
|
Higher Education Fund
|
Proprietary Funds
|
|
Land and Improvements (including $1,648 of land held for resale for
|
|
|
|
Proprietary Funds)......................................................................
|
$ 53,467
|
$ 4,650
|
|
Structure and improvements........................................................
|
1,744,768
|
38,660
|
|
Equipment........................................................................................
|
672,295
|
22,387
|
|
Construction in progress................................................................
|
174,772
|
6,781
|
|
|
2,645,302
|
72,478
|
|
Less accumulated depreciation .....................................................
|
|
31,257
|
|
Total.........................................................................................
|
$2,645,302
|
$41,221
|
50
|
 |
