STATE OF MARYLAND

Combining Balance Sheet

Component Unit Proprietary Funds

June 30, 1997

(Expressed in Thousands)

				Maryland
		Maryland		Industrial
	Maryland	Food	Maryland	Development
	Stadium	Center	Environmental	Financing
	Authority	Authority	Service	Authority	Total
Assets:
Cash and cash equivalents ...............................................................................................			$ 2,682	$26,728	$ 29,410
Investments.........................................................................................................................	.. $ 47,539		15,213	4,196	66,948
Other accounts receivable................................................................................................	,. 7,428	$ 138	10,099		17,665
Due from primary government........................................................................................	,. 53,577	5,124			58,701
Loans and notes receivable, net. ............. ........................................................................	,. 6,887				6,887
Property, plant and equipment, net ................................................................................	372	17,377	16,087		33,836
Investments in direct financing leases ...........................................................................	.. 258,087		9,106		267,193
Restricted assets................................................................................................................		652			652
Other assets........................................................................................................................	.. 130,802		9,522		140,324
Total assets..............................................................................................................	,. $504,692	$23,291	$62,709	$30,924	$621,616
Liabilities:
Accounts payable and accrued liabilities ......................................................................	,. $ 18,239	$ 192	$15,241	$ 115	$ 33,787
Accrued insurance and loan losses ................................................................................				8,989	8,989
Other liabilities...................................................................................................................		215	3,060		3,275
Deferred revenue........ ........................................................................................................	,. 15,522	32		101	15,655
Loans from primary government.....................................................................................		6,372			6,372
Revenue bonds payable....................................................................................................	. 304,958	696	33,462		339,116
Accrued self insurance costs ...........................................................................................	22	44	669		735
Accrued annual leave........................................................................................................	256	78	791		1,125
Total liabilities........................................................................................................	,. 338,997	7,629	53,223	9,205	409,054
Capital:
Contributed capital............................................................................................................		412	3,631	23,750	27,793
Retained earnings:
Reserved..........................................................................................................................			5,526		5,526
Unreserved (deficit).......................................................................................................	.. 165,695	15,250	329	(2,031)	179,243
Total capital............................................................................................................	.. 165,695	15,662	9,486	21,719	212,562
Total liabilities and capital ...................................................................................	. $504,692	$23,291	$62,709	$30,924	$621,616

The accompanying notes to the general purpose financial statements are an integral part of these financial statements.

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