Department Of Defense Agency Financial Report 2007 - Section 2: Financial Information Page 39
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82Section 2: Financial Information
Department of Defense Agency Financial Report 2007
51
securities out of accumulated cash balances, by raising taxes or other receipts, by borrowing from the public or repaying less
debt, or by curtailing other expenditures. This is the same way the Government finances all other expenditures.
Other Funds are primarily comprised of DoD Education Benefits Fund and Voluntary Separation Incentive investments.
Note 5. Accounts Receivable
As of September 30
2007
2006 Restated
Allowance For Estimated
Accounts Receivable,
Accounts Receivable,
(amounts in millions)
Gross Amount Due
Uncollectibles
Net
Net
Intragovernmental Receivables
$
1,412.9
$
N/A
$
1,412.9
$
2,941.8
Nonfederal Receivables (From the Public)
7,702.1
(232.7)
7,469.4
7,864.1
Total Accounts Receivable
$
9,115.0
$
(232.7)
$
8,882.3
$
10,805.9
Aged Accounts Receivable
2007
2006
As of September 30
Intragovernmental
Nonfederal
Intragovernmental
Nonfederal
(amounts in millions)
Category
Nondelinquent
Current
$
8,299.6
$
1,771.0
$
7,735.6
$
1,840.8
Noncurrent
233.9
1,607.4
232.1
1,740.9
Delinquent
1 to 30 days
132.3
167.4
321.1
159.9
31 to 60 days
50.0
136.7
345.7
53.4
61 to 90 days
54.3
98.0
57.2
117.8
91 to 180 days
68.1
184.5
716.5
130.0
181 days to 1 year
49.8
201.9
908.7
207.2
Greater than 1 year and less than or equal to 2 years
65.4
205.4
44.4
192.2
Greater than 2 years and less than or equal to
6 years
25.1
169.2
55.0
896.2
Greater than 6 years and less than or equal to 10 years
0.7
588.9
1.2
676.0
Greater than 10 years
0.0
2,714.4
0.0
2,640.5
Subtotal
8,979.2
7,844.8
10,417.5
8,654.9
Less Supported Undistributed Collections
(76.8)
(162.1)
(492.7)
(478.9)
Less Eliminations
(7,166.8)
0.0
(6,986.3)
0.0
Less Other
(322.7)
19.4
(11.1)
38.5
Total
$
1,412.9
$
7,702.1
$
2,927.4
$
8,214.5
The prior year Intragovernmental accounts receivable on the aging schedule does not agree with the accounts receivable
reported on the Balance Sheet. The FY 2006 aging schedule does not include $14.4 million for the Foreign Military Account
Program.
Nondelinquent noncurrent accounts receivable consists of nonfederal receivables of $1.6 billion on repayment schedules
primarily for long term water storage contracts with state and local municipalities. The balance represents intragovernmental
accounts receivable collected but not posted to accounting systems.
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