Notes to the Financial Statements I

Index

NOTE 1: Summary of Significant Accounting Policies, page 115

A. Reporting Entity, page 115

B. Basis of Accounting and Presentation, page 115

C. Fund Balance with Treasury, page 115

D. Accounts Receivable, page 115

E. Investments, page 116

F. Trust and Revolving Funds, page 116

G. Recognition of Financing Sources, page 117

H. Operating Materials and Supplies, page 117

I. Inventory, page 118

J. General Property, Plant and Equipment, Net, page 118

K. Stewardship PP&E, page 118

L. Liabilities, page 118

M. Personnel Compensation and Benefits, page 118

N. Contingencies and Environmental Liabilities, page 119

O. Statement of Net Cost, page 119

P. Use of Estimates, page 119

NOTE 2: Fund Balance with Treasury, page 119

NOTE 3: Cash and Other Monetary Assets, page 120

NOTE 4: Investments, page 120

NOTE 5: Accounts Receivable, Net, page 121

NOTE 6: Inventory, page 121

NOTE 7: General Property, Plant and Equipment, Net, page 121

NOTE 8: Stewardship PP&E, page 122

NOTE 9: Other Assets, page 123

NOTE 10: Liabilities, page 123

NOTE 11: Payroll-Related Liabilities, page 123

NOTE 12: Debt Held by the Public, page 123

NOTE 13: Contingent and Environmental Liabilities, page 124

NOTE 14: Leases, page 125

NOTE 15: Custodial Liabilities and Accrued Liabilities , page 125

NOTE 16: Imputed Financing, page 126

NOTE 17: Net Cost of Operations Related to Payroll , page 126

NOTE 18: Reconciliation of Net Cost of Operations to Budget , page 127

NOTE 19: Net Cost by Type, page 129

NOTE 20: Reconciliation of SCNP Appropriation to SBR, page 130

NOTE 21: Undelivered Orders at the End of the Period, page 130