Comprehensive Annual Financial Report - Metro Transit

Bi-State Development Agency of theMissouri-Illinois Metropolitan DistrictCombined Statements of Net AssetsAs of June 30, 2011 and 20102011 2010AssetsCurrent assetsCash and cash equivalents $ 42,211,633 $ 37,338,589Restricted cash and cash equivalents 57,101,692 86,607,526Investments 8,002,452 10,639,700Restricted investments 73,075,738 34,342,403Accounts receivable 2,275,393 2,578,716Restricted accounts receivable 60,611 48,585Federal, state and local operatingassistance receivable 17,002,402 9,155,842Materials and supplies 7,401,570 5,985,482Prepaid expenses, deferred charges andother current assets 1,566,948 257,685Total current assets 208,698,439 186,954,528Non-current assetsInvestments held to paycapital lease / leaseback liabilities 78,676,413 151,680,821Depreciable capital assets, netof accumulated depreciation 1,005,100,336 1,055,221,919Land 101,931,452 101,799,314Construction in progress 17,525,627 10,977,175Other non-current assets, net of accumulated amortizationof $2,868,609 and $2,541,635 respectively 7,295,456 8,023,449Total non-current assets 1,210,529,284 1,327,702,678Total assets 1,419,227,723 1,514,657,20612See Accompanying Notes to Combined Financial Statements(continued)11