Annual Report 2012 - ffiec
Annual Report 2012 - ffiec
Annual Report 2012 - ffiec
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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL<br />
Balance Sheets<br />
CURRENT ASSETS<br />
ASSETS<br />
Cash<br />
Accounts receivable from member organizations<br />
Accounts receivable from non-menbers—net<br />
As of December 31,<br />
<strong>2012</strong> 2011<br />
$ 638,550<br />
885,200<br />
189,930<br />
$ 543,453<br />
785,708<br />
91,520<br />
Total current assets 1,713,680 1,420,681<br />
NONCURRENT ASSETS<br />
Furniture and equipment leased—net<br />
Central Data Repository software—net<br />
Home Mortgage Disclosure Act software—net<br />
97,929<br />
3,393,963<br />
1,716,718<br />
137,625<br />
5,138,312<br />
2,273,492<br />
Total noncurrent assets 5,208,610 7,549,429<br />
TOTAL ASSETS $ 6,922,290 $ 8,970,110<br />
CURRENT LIABILITIES<br />
LIABILITIES AND CUMULATIVE RESULTS OF OPERATIONS<br />
Accounts payable and accrued liabilities payable to member organizations<br />
Other accounts payable and accrued liabilities<br />
Accrued annual leave<br />
Capital lease payable<br />
Deferred revenue<br />
$ 840,720<br />
484,866<br />
38,880<br />
41,040<br />
3,950,737<br />
$ 805,796<br />
285,947<br />
22,971<br />
39,376<br />
3,125,930<br />
Total current liabilities 5,356,243 4,280,020<br />
LONG-TERM LIABILITIES<br />
Capital lease payable<br />
Deferred revenue<br />
Deferred rent<br />
61,786<br />
1,159,944<br />
10,085<br />
102,825<br />
4,285,874<br />
9,996<br />
Total long-term liabilities 1,231,815 4,398,695<br />
Total liabilities<br />
CUMULATIVE RESULTS OF OPERATIONS<br />
6,588,058<br />
334,232<br />
8,678,715<br />
291,395<br />
TOTAL LIABILITIES AND CUMULATIVE RESULTS OF OPERATIONS $ 6,922,290 $ 8,970,110<br />
See notes to financial statements.<br />
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