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OCR for page 33
Statement of Financial Position
of the National Academy of Sciences
fune 30, 1996
(With Comparative Totals for 1995
ASSETS
Current Assets
1996
EXHIBIT A
($ in thousands)
1995
Cash and cash equivalents$ 251$ 243
Short-term investments (note 11)28,23628,456
Accounts receivable-U.S. Government22,64523,065
Other receivables (note 6)6,3193,334
Inventories of publications and supplies1,6381,370
Prepaid expenses and other assess833568
Total Current Assets$ 59,922$ 57,036
Property and equipment (note 3)16,31915,361
Einstein Memorial1,7231,723
Other assets (note 5)4,8734,587
Endowment and Trust investments (note 11)150,211140 985
Total Assets$ 233,048$ 219,692
LIABILITIES AND NET ASSETS:
Current Liabilities
Accounts payable and accrued expenses$ 12,292$ 16,329
Advances on U.S. Government contracts4,5155,492
Deferred revenue10,6459~608
Total Current Liabilitz'es
$ 27,452 $ 31,429
Lon~r-term liabilities
Funds held on behalf of others (note 1)$ 10,987$ 11,426
Accrued employee benefits (note 5)7,7766,097
Otherliabilities (noted)3,2444~705
$ 22,007$ 22,228
Total Liabilitz'es$ 49,459$ 53,657
Net Assets
Unrestricted$ 79,954$ 71,825
Temporarily restricted (note 12)33,47524,444
Permanently restricted (note 12)70,16069,766
Total Net Assets
$ 183,589 $ 166,035
Total Liabilitz'es and Net Assets $ 233,048 $ 219,692
See accompanying explanatory notes to the financial statements.
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Representative terms from entire chapter:
sciences fune
