Annual Report PDF file 2009 - State of Illinois

TEN YEAR SUMMARYFISCAL YEARS ENDED JUNE 30($ in millions)2009 2008 2007 2006 2005 2004 2003 2002 2001 2000$ $ $ $ $ $ $ $ $ $NET ASSETS(at fair value) 8,684.1 11,315.1 12,552.2 11,316.5 10,902.5 10,442.7 7,801.0 7,928.3 8,578.1 9,270.3Retirement Systems’ participationGeneral Assembly 47.7 71.9 83.9 79.0 80.8 81.3 47.4 52.2 60.5 68.9Judges’ 435.6 589.2 658.2 582.6 550.4 521.4 317.5 332.4 372.6 414.8State Employees’ 8,200.8 10,654.0 11,810.1 10,654.9 10,271.3 9,840.0 7,436.1 7,543.7 8,145.0 8,786.6CHANGES IN NET ASSETSNet investment income (loss) (2,354.0) (737.6) 1,877.7 1,173.0 1,007.4 1,506.8 12.7 (577.9) (652.3) 977.0Interest and dividends 262.2 316.8 319.5 306.2 262.1 184.4 186.8 213.4 244.4 227.6Net securities lendingincome 17.6 16.6 4.5 4.3 3.7 2.4 1.9 2.3 3.6 3.7Net gain (loss)on investments (2,592.5) (1,029.2) 1,594.3 892.6 766.1 1,337.9 (159.2) (775.0) (879.7) 766.4Management expenses (41.3) (41.9) (40.6) (30.1) (24.5) (17.9) (16.8) (18.6) (20.6) (20.7)Member Systems' netcontributions (withdrawals) (277.0) (499.5) (642.0) (759.0) (547.7) 1,134.9 (140.0) (71.9) (39.9) (15.7)RETURNS % % % % % % % % % %Annual total return* (20.1) (6.2) 17.1 11.0 10.1 16.4 0.3 (6.9) (7.1) 11.8Compound annual rateof return since 7-1-82(Adoption of PrudentPerson Legislation) 8.9 10.3 11.0 10.7 10.7 10.8 10.5 11.1 12.1 13.2* Annual total return reflects income earned and market appreciation (depreciation).ILLINOIS STATE BOARD OF INVESTMENT9