Department Of Defense Agency Financial Report 2007 - Section 2: Financial Information Page 67
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82Section 2: Financial Information
Department of Defense Agency Financial Report 2007
7
Total resources used to finance items not part of the Net Cost of Operations
$
(176,861.2)
$
(154,619.8)
Total resources used to finance the Net Cost of Operations
483,471.7
424,464.4
Components of the Net Cost of Operations that will not Require or Generate Resources in the Current Period:
Components Requiring or Generating Resources in Future Period:
Increase in Annual Leave Liability
1,866.1
7,401.2
Increase in Environmental and Disposal Liability
2,615.0
5,632.5
Upward/Downward Reestimates of Credit Subsidy Expense (+/-)
(103.6)
(35.6)
Increase in Exchange Revenue Receivable from the Public (-)
(23.3)
(47.7)
Other (+/-)
91,873.1
73,776.0
Total Components of Net Cost of Operations that Will Require
or Generate Resources in Future Periods
96,227.3
86,726.4
Components not Requiring or Generating Resources:
Depreciation and Amortization
27,287.0
65,116.2
Revaluation of Assets or Liabilities (+/-)
6,073.3
5,174.4
Other (+/-)
Trust Fund Exchange Revenue
(39,246.6)
(40,583.4)
Cost of Goods Sold
56,125.0
47,718.4
Operating Material and Supplies Used
30,590.5
10,062.5
Other
(38,076.2)
(12,630.6)
Total Components of Net Cost of Operations that will not Require or Generate Resources
42,753.0
74,857.5
Total Components of Net Cost of Operations that will not Require or Generate Resources in the
138,980.3
161,583.9
current period
Net Cost of Operations
$
622,452.0
$
586,048.3
Beginning 4th Quarter, FY 2007, the Department began presenting the Statement of Financing (SOF) as a note in accordance
with OMB Circular A-136. The SOF is no longer considered a basic statement and is now referred to as Reconciliation of
Net Cost of Operations to Budget. The reconciliation of the former SOF is now incorporated into Note 21.
Due to the Department’s financial system limitations, budgetary data is not in agreement with proprietary expenses and
capitalized assets. The difference between budgetary and proprietary data is a previously identified deficiency. The
following adjustments (absolute value) were made to balance the Reconciliation of Net Cost of Operations to the Statement
of Net Cost (amounts in millions):
Resources That Finance the Acquisition of Assets $1,862.0
Other - Other Components Not Requiring or Generating Resources 55.5
Revaluation of Assets or Liabilities 14.3
Total Amount $1,931.8
The following Reconciliation of Net Cost of Operations to Budget lines are presented as combined instead of consolidated
due to intra-agency budgetary transactions not being eliminated:
• Obligations Incurred
• Less: Spending Authority from Offsetting Collections and Recoveries
• Obligations Net of Offsetting Collections and Recoveries
• Less: Offsetting Receipts
• Net Obligations
• Undelivered Orders
• Unfilled Customer Orders
ADVERTISEMENT
0 votes
Related Articles
Related forms
Department Of Defense Child Development Program Request For Care Record Dd Form 2606 (jul 1998)
Business
Dd Form 1172-2 2007, Application For Department Of Defense Common Access Card Deers Enrollment
Business
Related Categories
Parent category: Business