Department of Defense Agency Financial Report 2007
Section 2: Financial Information
2
CONSOLIDATED STATEMENT OF CHANGES IN
NET POSITION
Department of Defense
As of September 30, 2007 and 2006
($ in millions)
2007
2006
Consolidated
Consolidated
Total
Total
Restated
Cumulative Results of Operations
Beginning Balances
$
(900,087.8)
$
(870,674.3)
Prior Period Adjustments:
Changes in Accounting Principles
(4,230.9)
-
Correction of Errors
-
(8,034.3)
Beginning Balances, as adjusted
(904,318.7)
(878,708.6)
Budgetary Financing Sources
Appropriations used
585,694.6
552,838.4
Nonexchange revenue
19,742.1
3,057.1
Donations and forfeitures of cash and cash equivalents
63.8
25.4
Transfers in(out) without reimbursement
121.8
958.5
Other budgetary financing sources
-
0.6
Other Financing Sources (Non-Exchange)
Donations and forfeitures of property
13.8
47.3
Transfers in(out) without reimbursement
(86.9)
(83.7)
Imputed financing from costs absorbed by others
4,421.3
4,409.6
Other
(8,099.3)
3,415.9
Total Financing Sources
601,871.2
564,669.1
Net Cost of Operations
622,452.0
586,048.3
Net Change
(20,580.8)
(21,379.2)
Cumulative Results of Operations
$
(924,899.5)
$
(900,087.8)
Unexpended Appropriations
Beginning Balances
$
309,532.5
$
273,460.3
Prior Period Adjustments:
Changes in accounting principles
3,745.5
-
Corrections of errors
-
(0.5)
Beginning balances, as adjusted
313,278.0
273,459.8
Budgetary Financing Sources
Appropriations received
658,617.9
559,255.2
Appropriations transferred in(out)
(197.4)
(120.7)
Other adjustments (rescissions, etc)
(5,485.8)
(10,223.4)
Appropriations used
(585,694.6)
(552,838.4)
Total Budgetary Financing Sources
67,240.1
36,072.7
Total Unexpended Appropriations
380,518.1
309,532.5
Net Position
$
(544,381.4)
$
(590,555.3)
The accompanying notes are an integral part of these financial statements.
The accompanying notes are an integral part of these financial statements.