I or SAN Duaco Egudggm I I PROPRIETARY FUNDS STATEMENT OF NET ASSETS JUNE 30. 2011 (In Thousands) - Funds Othsr Funds Total Funds ASSETS 2 Cash Ind 5 410.200 I 214.550 5 120.505 5 754.357 5 147.054 - Accounts - cfAIIowsnos for Un -- ?ls?1tbIss 5572. Water 51,750, 55.542. 5755) 43.571 55.155 4.753 114.457 0.057 212 222 - 434 . Aocrusd .. 1.154 555 255 2.317 12 Grants 151 2.505 551 5.525 - ot Watsr In Btoracs - 50.155 - 50.155 - I .. - 540 1 541 2.754 . Total Asasts jg,557 335,005 tg, 5 025,550 15] ,355 Nan-curnm Ama: I Cash and 114.400 151,557 51.254 7.470 5,275 5.555 - 12.511 - Loan 5.451 - - 5.457 - - - .. 155.524 115.055 22,055 511.415 11.555 Assots - 4,575,555 ]g,Q5 Total N?n-Current 5,051,102 2,155,000 152,525 5,551,125 TOTAL ASSETI .. . . .. @@,450 2,505,055 255,254 5,255,755 250,127 I LIABILITIES LIablIIos: Amounts Payahts 22.155 25,550 5,015 52,405 14.517 Morusd Wann and .. 15.255 0,545 2.571 25.554 2,550 Intorsst Anorusd on Long-Tsrm 7.725 17.517 - 25.545 154 Long-Tsnn Dus Ons 55.504 27.205 1.755 55.500 45.410 Dus to 505 1,520 - 2.215 - I - 550 14.552 15.171 515 I Contract Dsposls 5.722 4,355 15 5.105 150 cunsnt from I Oustomsr Dspostts .. - 5 354 155 1 510 - Totsl . 1y,]]5 gg]5 g5,Q5 Non-Gunsnt I trom 407 - 5,515 5.1 10 - I Llahly . - 25 - 25 - I Abssnoss 2.505 2,425 2.202 7.455 5,771 5.552 5.055 - 11.750 150.550 - Caplal Lsus Oblgattons - - - - 0,422 Loans Psyabls .. 57.250 27.432 - 54,502 - Bonds 1.152.554 555.557 - 1.001.171 - I Esttmatsd Clcsurs and Postctosun Gam - - 20,545 20.545 - Othsr Post 17,201 15.425 14,537 45.151 7.755 I Ohhattcn 5,550 5,5] 0 5,gg 25,501 g,012 . Total Non-Oumsnt 5] ,530 2, ]05,5]5 ]02,5]2 TOTAL I.IABII.ITIE5 . 1,351,515 057,450 50,500 2,510,551 255,040 NET A55ET5 I It Ospld Assats. ot 1.740.107 1,254.050 50.742 5.004.755 102,505 for Santos 5,505 4,751 - 11,120 - I - 45,217 45,217 - 555,jz] 5] gg (Iggy] I I TOTAL NET A55ET5 . 5 5,145,025 5 1,515,555 5 177,545 3,557,207 5 23,157 I I to ot Intamst 5sMos Fund rstatsd to Funds. (451) of sctMIss 5 5,555500 Tha accompanying nous an msgral part otths ttnanchl I I 58 I Cm or SAN Dnzeo PROPRIETARY FUNDS STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET ASSETS I YEAR ENDED JUNE 80, 2011 I (ln Thousands) Funds Other Sewer Water Enterpnee lntemsl Servlee I Funds Tetsl Funds OPERATING REVENUES I Sslee ot Weter 8 - 8 858.747 8 - I 353.747 8 - mr Senncee 854.088 8.788 65,016 422.888 188.488 Revenue num Use ct Property 181 5.540 - 5.721 - Useqe Fees - 88 44.715 44.74 82.888 Other 8,487 8,814 10,187 1.484 TOTAL OPERATNO REVENUES 357,731 371,515 113,045 342,201 208,870 OPERATING EXPENSES I Benetlt and Olslm Peyments. - - - - 48.807 I and Operntlens 184.888 72.027 78.348 285.071 58.841 I Cost of Msterlele Issued - - - - 27.548 Cost of Purchased Wsler Used - 148.185 - 148.155 - Texas - 1,755 - 1.755 88.875 85.828 82.800 162.401 54.872 63,jQ {Lg 5,758 112,801 25,881 TOTAL OPERATIN EXPENSES .. .. 282,088 825,817 118,707 704,888 217,347 OPERATING NCOME (L088) 85,872 45,588 (gpg) 187,808 (13,477) NONOPERATING REVENUES (EXPENSES) I on Investments 7.454 4,488 1.785 18,717 1.707 3 Fod8rOtherueney - 7,028 785 7,788 - Geln (Lees) en SslelReIIrsment ct Assets (1.081) (1.184) (122) (8.247) 810 Debt Servlne Interest Emense . (51,112) (84,480) - (85.802) (844) Other 8.404 3,552 2,728 12,884 758 TOTAL NONOPERATING REVENUES (EXPENSES) .. (88,885) @,408) 5,145 (54,088) 1,881 INCOME (LOSS) BEFORE CONTRIBUTIONS AND TRANSFERS 58.837 25,195 1.483 83.515 (11,548) 12.845 18,011 888 80.882 284 Transfers Incm Other Funds 147 118 77 887 788 Transfers from Gevemmentel Funds - 142 307 448 6,115 to Other Funds (10) - (750) (780) (845) te Gtwemmentel Funds (102) (222) (5,652) (8,088) (1,878) CHANGE IN NET ASSETS .. .. 88.127 43.230 (4.188) 108.187 (8,082) Net Assets st ?t Yeer 2,07g,I88 131,844 28,278 I NET A88ET8 AT END OF YEAR .. 8 2,148,828 1,515,838 177,845 28,187 Adjustment te retlect the of Servtce Fund retsted to Funds. (3,758) Change In net essete et 105,411 The netss ere sn put etthe Ilnenelsl statementsI OF SAN DIEGO ANNIIAI PROPRIETARY FUNDS I STATEMENT OF CASH FLOWS YEAR ENDED JUNE ac, 7.011 In Thousands lu|lnon?IyE - Funds I Olhar Inwar Enlupcln lntarnnl Inrvka I Fund: Tuul Funds I FLDK rnou OPERATING Ac1Iv11In Ruabh msu 354.110 4 12:1.11111 sauna 41.m mum II??mIn1u1umI soovI?oo I?mvIo1o?1 . . 3.007 uc: 14.?1? 1~ .642 .. .. .. .. (110,1lO) (224.1142) (44,032) (3TI.134) I1 .1nz) ta Emnaaym .. .. (l1.l1l) (72.015) (s4.14?) (207.775) II) for I|n1I?o| Und .. . . @,136) NET can mr OPERATING ACTIWTI 67.773 zag: my: 0,717 I rncu NDNOAPITAL FINAN N0 11?o1oasv 1Tn?1?n 1mm ?vommonhl Funds . .. - 142 307 MI 6.115 11?o1oo? .. .. .. .. (10) - (uc) Im) ms) to G?I:ommon1n| .. .. .. . .. (102) (222) (tpl!) (1.378) ?por||1n? cmu .. .. au TI1 c,o14 - 2 Proust {rum AUVIICH und Dapanlh . . - 454 1.4l1 1.936 - I I>ovmo?I>> Iwuvnm me ?op?oIIo .. . .. (sg) . I NET can nv (una ron) NONUAPITAL AGTIVITIEI 24a ?,g4 (4,o1s) 1{11 6.180 I mma msu GAPITALAND RELATED AOTNITI JI I Procadufmm Luna .. .. .. . . . 111 12,000 - 13.077 Pr?coo? from . l.|11 11,1sz 21.1ss - ?1 cmu Ama .. .. .. (sa,m) (111,:414) (4,023) g17z.??1) (25,021) Pr?41oo4i from 1|1o Ida ?fG??11n| Annie .. . .. . 10 231 241 Pdnulpd PoyI11onh an Luna . .. .. .. - - - - (6.511) nmupu Len,. .. . .. (11411) - - I Prhubnl Pavmanh an num. me .. (21,286) - @8,015) - I I?1o?oo1 an .. .. .. .. 51,15) - (101 Ag) (gg) I NET quam ron) umn. Ann nzuwzn .. (1 lRd01) g112,g14) gpg) [Ij|,l45) mm) I rmun rnou INVESTING AGTMTIEI sua . . . z14,m ?so,?so - 904.01I - ?1lnvoo1mon1i .. .. . (z1a.4zs) - - I?I?1oo1 um ?IvIo1om1o No?oIvoI1 on Imnumu .. - .. . a,s?a 4,114 1,zgn 12410 1,1gg NET can PROVIDED sv IINEITING AGTMTIEI nga 1,1112 I I (Do?ruoo) In me can E?uIvoIon1>> .. .. 41,404 11.m ss,:111 (13.924) I cm and cm Eqivnlanh nl sum; ?1You .. . (gp; Img 151,gQ I AND EQUNALENTS AT or mn 422?1? 221 111 a1s,1:1s 141gu of Gah and at End ta 1|Io lhhunant 01 Nut Annu: can mu |nvoo1monb 41n.z?o 214.11110 Izoms 764.307 141.I)o4 I1ooI1I?1o<1 can w1Invoatmon1s 114.4111) 16`1 ,u1 ?1,z?4 327,410 - Lan iwoo1nIoni nd moo11n? In do1k1|??n al cash oquN?1onh juggl (judy - - can me Gem Equvuo?I? at Em ?1You gag gg) {ppg