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CITY AND COUNTY OF SAN FRANCISCO

Statement of Net Position - Proprietary Funds


June 30, 2018
(With comparative financial information as of June 30, 2017)
(In Thousands)
Business-Type Activities - Enterprise Funds
Major Funds
San San Hetch General San
Francisco Francisco Hetchy Municipal Hospital Francisco Laguna Governmental Activities -
International Water Water and Transportation Medical Wastewater Port of San Honda Total Internal Service Funds
Airport Enterprise Power Agency Center Enterprise Francisco Hospital 2018 2017 2018 2017
ASSETS
Current Assets:
Deposits and investments with City Treasury................ $ 458,219 $ 358,768 $ 274,871 $ 647,731 $ 334,609 $ 164,107 $ 155,722 $ - $ 2,394,027 $ 2,446,138 $ 36,595 $ 29,919
Deposits and investments outside City Treasury........... 6,408 274 10 5,559 10 262 5 2 12,530 15,576 - -
Receivables (net of allowance for
uncollectible amounts of $35,131 and
$29,255 in 2018 and 2017, respectively):
Federal and state grants and subventions................... - 325 260 255,232 11 17,248 1,637 69,518 344,231 173,369 - -
Charges for services.................................................... 95,614 53,841 12,644 6,858 68,918 30,915 6,691 28,566 304,047 249,969 112 95
Interest and other......................................................... 3,925 2,724 963 9,153 100,422 1,051 3,991 227 122,456 184,811 556 742
Lease receivable............................................................ - - - - - - - - - - 12,934 11,233
Due from other funds...................................................... - 288 8,133 23,739 2 116 440 - 32,718 40,764 - -
Due from component unit............................................... - - 28 - - - - - 28 568 - -
Inventories...................................................................... 51 5,561 401 81,370 12,802 2,082 1,352 998 104,617 98,374 - -
Other assets................................................................... 3,713 - 3,988 131 - 116 - - 7,948 6,156 - -
Restricted assets:
Deposits and investments with City Treasury.............. 382,560 - - - - - 30,877 22,895 436,332 351,472 - -
Deposits and investments outside City Treasury......... 215,026 143,739 2,777 - - 14,282 10,077 - 385,901 291,800 23,229 21,617
Grants and other receivables....................................... 34,647 - - - - 731 - - 35,378 22,271 - -
Total current assets................................................ 1,200,163 565,520 304,075 1,029,773 516,774 230,910 210,792 122,206 4,180,213 3,881,268 73,426 63,606
Noncurrent assets:
Other assets................................................................... - 4,262 957 - - 2,019 3,632 - 10,870 11,452 - -
Capital leases receivable............................................... - - - - - - - - - - 148,338 167,710
Advance to component unit............................................ - - 2,599 - - - - - 2,599 2,627 - -
Restricted assets:
Deposits and investments with City Treasury.............. 962,619 102,011 41,420 316,351 - 36,054 - - 1,458,455 569,877 - -
Deposits and investments outside City Treasury......... 495,659 - 1,038 21,832 454 - - 12,855 531,838 443,145 2,249 -
Grants and other receivables....................................... 2,243 4,491 174 1,689 - - - 14,740 23,337 36,029 - -
Capital assets:
Land and other assets not being depreciated.............. 1,353,507 1,430,759 115,135 1,965,236 42,276 726,384 130,380 1,852 5,765,529 4,325,916 239 -
Facilities, infrastructure, and
equipment, net of depreciation.................................. 3,576,522 3,832,474 364,287 2,256,879 108,952 1,799,822 304,322 496,869 12,740,127 12,435,965 11,304 11,601
Total capital assets................................................... 4,930,029 5,263,233 479,422 4,222,115 151,228 2,526,206 434,702 498,721 18,505,656 16,761,881 11,543 11,601
Total noncurrent assets.......................................... 6,390,550 5,373,997 525,610 4,561,987 151,682 2,564,279 438,334 526,316 20,532,755 17,825,011 162,130 179,311
Total assets............................................................ 7,590,713 5,939,517 829,685 5,591,760 668,456 2,795,189 649,126 648,522 24,712,968 21,706,279 235,556 242,917

DEFERRED OUTFLOWS OF RESOURCES


Unamortized loss on refunding of debt............................. 76,564 150,255 - - - 500 - - 227,319 204,299 933 1,012
Deferred outflows on derivative instruments..................... 29,245 - - - - - - - 29,245 54,870 - -
Deferred outflows related to pensions.............................. 91,596 62,062 16,963 214,182 137,266 29,984 12,986 57,293 622,332 1,013,927 17,485 25,906
Deferred outflows related to OPEB.................................. 13,387 9,122 1,974 36,034 19,426 3,264 1,686 9,244 94,137 - 2,432 -
Total deferred outflows of resources...................... 210,792 221,439 18,937 250,216 156,692 33,748 14,672 66,537 973,033 1,273,096 20,850 26,918

The notes to the financial statements are an integral part of this statement.
30
CITY AND COUNTY OF SAN FRANCISCO
Statement of Net Position - Proprietary Funds (Continued)
June 30, 2018
(With comparative financial information as of June 30, 2017)
(In Thousands)

Business-Type Activities - Enterprise Funds


Major Funds
San San Hetch General San
Francisco Francisco Hetchy Municipal Hospital Francisco Laguna Governmental Activities -
International Water Water and Transportation Medical Wastewater Port of San Honda Total Internal Service Funds
Airport Enterprise Power Agency Center Enterprise Francisco Hospital 2018 2017 2018 2017
LIABILITIES
Current liabilities:
Accounts payable........................................................... $ 68,643 $ 15,554 $ 19,385 $ 146,641 $ 62,303 $ 18,080 $ 9,551 $ 58,931 $ 399,088 $ 194,413 $ 8,413 $ 3,647
Accrued payroll............................................................... 11,898 6,660 2,345 29,465 20,785 4,394 1,667 8,006 85,220 80,055 2,362 2,242
Accrued vacation and sick leave pay............................. 10,699 6,125 2,385 23,891 14,745 3,766 1,346 5,827 68,784 65,212 1,997 1,853
Accrued workers' compensation..................................... 1,739 2,024 525 22,652 4,294 1,027 454 2,635 35,350 32,875 313 331
Estimated claims payable............................................... 22 4,656 837 36,091 - 6,376 200 - 48,182 39,424 - -
Due to other funds.......................................................... 96 96 - 2,589 179 1,061 - - 4,021 5,574 2,062 1,787
Unearned revenues and other liabilities......................... - 17,810 6,337 43,467 338,116 4,185 14,775 30,245 454,935 513,027 12,840 15,815
Accrued interest payable................................................ - 38,769 525 5,119 81 11,528 1,535 1,480 59,037 55,187 1,153 1,224
Bonds, loans, capital leases, and other payables.......... 178,925 119,533 23,108 10,132 19,212 284,841 2,693 6,735 645,179 546,565 12,904 10,880
Liabilities payable from restricted assets:
Bonds, loans, capital leases, and other payables........ 65,195 - - - - - - - 65,195 228,895 - -
Accrued interest payable............................................. 44,064 - - - - - - - 44,064 36,062 - -
Other............................................................................ 189,596 45,882 11,826 28,693 - 48,720 - 682 325,399 155,406 - -
Total current liabilities............................................. 570,877 257,109 67,273 348,740 459,715 383,978 32,221 114,541 2,234,454 1,952,695 42,044 37,779
Noncurrent liabilities:
Accrued vacation and sick leave pay............................. 7,356 4,561 1,566 14,589 9,958 2,649 909 3,316 44,904 43,824 1,454 1,363
Accrued workers' compensation..................................... 6,254 8,933 2,424 108,163 25,223 4,757 2,546 14,614 172,914 161,053 1,446 1,469
Estimated claims payable............................................... 28 8,746 1,629 43,806 - 7,690 250 - 62,149 55,256 - -
Unearned revenue and other liabilities........................... - 57,762 4,161 - - 4,703 64,617 - 131,243 117,432 - -
Bonds, loans, capital leases, and other payables.......... 6,570,653 4,943,651 66,994 369,695 12,612 1,048,092 83,622 114,096 13,209,415 11,224,019 160,020 171,903
Derivative instruments liabilities..................................... 37,558 - - - - - - - 37,558 65,965 - -
Net pension liability........................................................ 308,459 209,003 57,122 721,282 462,256 100,973 43,730 192,939 2,095,764 2,501,732 58,876 63,919
Net other postemployment benefits (OPEB) liability....... 244,096 166,336 36,000 657,062 354,223 59,517 30,750 168,560 1,716,544 974,031 44,344 26,393
Total noncurrent liabilities....................................... 7,174,404 5,398,992 169,896 1,914,597 864,272 1,228,381 226,424 493,525 17,470,491 15,143,312 266,140 265,047
Total liabilities......................................................... 7,745,281 5,656,101 237,169 2,263,337 1,323,987 1,612,359 258,645 608,066 19,704,945 17,096,007 308,184 302,826

DEFERRED INFLOWS OF RESOURCES


Unamortized gain on refunding of debt............................. 1,221 - - 265 - - - - 1,486 297 - -
Unamortized gain on leaseback transaction..................... - - - 3,680 - - - - 3,680 4,015 - -
Deferred inflows related to pensions................................ 22,230 15,063 4,119 51,981 33,313 7,277 3,151 13,905 151,039 107,154 4,243 2,737
Deferred inflows related to OPEB..................................... 394 268 58 1,060 571 96 50 272 2,769 - 71 -
Total deferred inflows of resources......................... 23,845 15,331 4,177 56,986 33,884 7,373 3,201 14,177 158,974 111,466 4,314 2,737

NET POSITION
Net investment in capital assets....................................... (564,762) 504,476 410,717 3,836,904 119,810 1,207,703 305,609 390,645 6,211,102 5,752,069 10,286 11,601
Restricted:
Debt service................................................................... 186,655 22,933 834 19,707 - 1,312 - 63,058 294,499 202,262 - -
Capital projects.............................................................. 419,486 32,978 11,712 - 19,399 - 20,738 10,759 515,072 394,634 - -
Other purposes.............................................................. - - - 291,472 - - - 2,650 294,122 93,696 - -
Unrestricted (deficit)......................................................... (9,000) (70,863) 184,013 (626,430) (671,932) 190 75,605 (374,296) (1,492,713) (670,759) (66,378) (47,329)
Total net position.................................................... $ 32,379 $ 489,524 $ 607,276 $ 3,521,653 $ (532,723) $ 1,209,205 $ 401,952 $ 92,816 $ 5,822,082 $ 5,771,902 $ (56,092) $ (35,728)

The notes to the financial statements are an integral part of this statement.
31
CITY AND COUNTY OF SAN FRANCISCO
Statement of Revenues, Expenses, and Changes in Fund Net Position – Proprietary Funds
Year Ended June 30, 2018
(With comparative financial information year ended June 30, 2017)
(In Thousands)
Business-Type Activities - Enterprise Funds
Major Funds
San San Hetch General San
Francisco Francisco Hetchy Municipal Hospital Francisco Laguna Governmental Activities -
International Water Water and Transportation Medical Wastewater Port of San Honda Total Internal Service Funds
Airport Enterprise Power Agency Center Enterprise Francisco Hospital 2018 2017 2018 2017
Operating revenues:
Aviation........................................................................... $ 670,282 $ - $ - $ - $ - $ - $ - $ - $ 670,282 $ 545,310 $ - $ -
Water and power service............................................... - 495,138 191,667 - - - - - 686,805 627,871 - -
Passenger fees.............................................................. - - - 202,280 - - - - 202,280 195,886 - -
Net patient service revenue........................................... - - - - 765,464 - - 193,694 959,158 863,559 - -
Sewer service................................................................. - - - - - 303,037 - - 303,037 267,601 - -
Rents and concessions.................................................. 158,594 12,906 296 8,111 2,587 611 80,605 - 263,710 244,975 436 176
Parking and transportation............................................. 151,731 - - 228,304 - - 22,281 - 402,316 400,072 - -
Other charges for services............................................. - - - 32,110 - - - - 32,110 29,055 152,676 145,284
Other revenues.............................................................. 83,195 17,595 - 41,179 4,636 11,448 6,883 1,555 166,491 166,726 - -
Total operating revenues............................................. 1,063,802 525,639 191,963 511,984 772,687 315,096 109,769 195,249 3,686,189 3,341,055 153,112 145,460
Operating expenses:
Personal services........................................................... 312,972 128,295 51,616 834,950 561,699 91,977 40,930 209,676 2,232,115 2,691,353 68,147 78,176
Contractual services....................................................... 86,103 14,131 9,216 133,212 219,228 16,061 18,038 11,584 507,573 483,002 59,364 59,146
Light, heat and power..................................................... 23,800 - 64,732 - - - 2,859 - 91,391 69,333 - -
Materials and supplies................................................... 17,573 15,936 2,642 72,041 99,064 9,446 1,001 20,985 238,688 224,257 17,197 14,508
Depreciation and amortization........................................ 265,169 118,751 19,115 167,220 27,975 55,591 17,778 15,187 686,786 669,538 2,909 3,294
General and administrative............................................ 2,535 36,174 41,329 42,609 4,954 1,144 3,585 - 132,330 125,912 1,720 408
Services provided by other
departments................................................................. 23,369 56,860 8,965 69,261 50,212 36,374 19,310 10,741 275,092 272,050 7,977 9,590
Other.............................................................................. 38,665 - - (25,148) (969) - (6,678) 55,908 61,778 18,706 2,564 3,184
Total operating expenses............................................ 770,186 370,147 197,615 1,294,145 962,163 210,593 96,823 324,081 4,225,753 4,554,151 159,878 168,306
Operating income (loss)............................................... 293,616 155,492 (5,652) (782,161) (189,476) 104,503 12,946 (128,832) (539,564) (1,213,096) (6,766) (22,846)
Nonoperating revenues (expenses):
Operating grants:
Federal......................................................................... - 597 1,050 11,464 - - 4,232 403 17,746 72,053 - -
State / other................................................................. - - - 140,475 59,285 - - - 199,760 198,114 - -
Interest and investment income...................................... 11,316 6,448 2,929 10,122 2,896 2,317 2,231 751 39,010 28,547 4,498 4,470
Interest expense............................................................. (211,461) (164,001) (3,204) (10,109) (1,695) (24,978) (4,461) (6,106) (426,015) (409,529) (4,981) (4,664)
Other nonoperating revenues........................................ 113,742 52,007 10,261 44,349 - 10,730 - 15,738 246,827 257,419 256 739
Other nonoperating expenses........................................ (110,507) (1,920) (1,547) - - (414) (1,383) - (115,771) (107,794) - -
Total nonoperating revenues (expenses).................... (196,910) (106,869) 9,489 196,301 60,486 (12,345) 619 10,786 (38,443) 38,810 (227) 545
Income (loss) before capital
contributions and transfers........................................ 96,706 48,623 3,837 (585,860) (128,990) 92,158 13,565 (118,046) (578,007) (1,174,286) (6,993) (22,301)
Capital contributions....................................................... 15,051 - - 438,489 - - 2,626 - 456,166 369,327 - -
Transfers in.................................................................... - 382 30,087 726,090 97,373 - 19 57,668 911,619 751,924 414 2,153
Transfers out.................................................................. (46,549) (31,368) (512) (19,737) (25,892) (26,960) - (7,318) (158,336) (172,899) - (138)
Change in net position................................................. 65,208 17,637 33,412 558,982 (57,509) 65,198 16,210 (67,696) 631,442 (225,934) (6,579) (20,286)
Net position (deficit) at beginning of year,
as previously reported.................................................... 50,169 501,267 578,260 3,295,692 (412,424) 1,146,263 389,740 222,935 5,771,902 5,997,836 (35,728) (15,442)
Cumulative effect of accounting change........................... (82,998) (29,380) (4,396) (333,021) (62,790) (2,256) (3,998) (62,423) (581,262) - (13,785) -
Net position (deficit) at beginning of year, as restated..... (32,829) 471,887 573,864 2,962,671 (475,214) 1,144,007 385,742 160,512 5,190,640 5,997,836 (49,513) (15,442)
Net position (deficit) at end of year................................... $ 32,379 $ 489,524 $ 607,276 $ 3,521,653 $ (532,723) $ 1,209,205 $ 401,952 $ 92,816 $ 5,822,082 $ 5,771,902 $ (56,092) $ (35,728)

The notes to the financial statements are an integral part of this statement.
32
CITY AND COUNTY OF SAN FRANCISCO
Statement of Cash Flows – Proprietary Funds
Year Ended June 30, 2018
(With comparative financial information year ended June 30, 2017)
(In Thousands)
Business-Type Activities - Enterprise Funds
Major Funds
San San General San
Francisco Francisco Hetch Hetchy Municipal Hospital Francisco Laguna Governmental Activities -
International Water Water and Transportation Medical Wastewater Port of San Honda Total Internal Service Funds
Airport Enterprise Power Agency Center Enterprise Francisco Hospital 2018 2017 2018 2017
Cash flows from operating activities:
Cash received from customers, including cash deposits................. $ 988,320 $ 525,886 $ 198,412 $ 559,313 $ 857,275 $ 312,769 $ 27,625 $ 157,715 $ 3,627,315 $ 3,345,857 $ 175,852 $ 163,461
Cash received from tenants for rent.................................................. - 12,783 308 8,169 2,587 657 78,499 - 103,003 97,208 - -
Cash paid for employees' services................................................... (290,061) (121,352) (49,243) (767,412) (543,606) (85,045) (38,631) (203,909) (2,099,259) (1,978,699) (61,144) (58,641)
Cash paid to suppliers for goods and services................................. (195,409) (108,216) (120,194) (342,480) (327,236) (43,346) (41,887) (41,434) (1,220,202) (1,317,241) (87,168) (93,370)
Cash paid for judgments and claims................................................. - (2,925) (3,551) (11,554) - (2,124) - - (20,154) (25,549) - -
Net cash provided by (used in) operating activities...................... 502,850 306,176 25,732 (553,964) (10,980) 182,911 25,606 (87,628) 390,703 121,576 27,540 11,450
Cash flows from noncapital financing activities:
Operating grants................................................................................ - 422 1,034 155,009 59,326 891 730 403 217,815 267,459 - -
Transfers in........................................................................................ - 382 30,087 678,791 97,373 - - 57,668 864,301 652,101 414 2,153
Transfers out..................................................................................... (46,549) (31,368) (512) (35,514) (25,892) (26,960) - (7,318) (174,113) (172,899) - (138)
Other noncapital financing sources................................................... 1,771 13,709 9,303 58,090 - 1,322 4,250 - 88,445 75,846 - -
Other noncapital financing uses........................................................ (89,254) (1,920) (1,878) - (171) (414) - - (93,637) (86,607) - -
Net cash provided by (used in)
noncapital financing activities..................................................... (134,032) (18,775) 38,034 856,376 130,636 (25,161) 4,980 50,753 902,811 735,900 414 2,015
Cash flows from capital and related financing activities:
Capital grants and other proceeds restricted for capital purposes... 4,945 - - 293,609 - - 443 29,260 328,257 297,434 - -
Transfers in........................................................................................ - - - 83,837 - - 19 - 83,856 99,589 - -
Bond sale proceeds and loans received........................................... 1,023,750 928,694 - 4,689 - - - - 1,957,133 1,822,183 - -
Proceeds from sale/transfer of capital assets.................................. - 3,231 136 139 - 21 30 - 3,557 6,736 - -
Proceeds from commercial paper borrowings................................. 557,700 15,664 222 - 1,088 151,448 - - 726,122 477,604 - -
Proceeds from passenger facility charges....................................... 111,379 - - - - - - - 111,379 97,287 - -
Acquisition of capital assets.............................................................. (807,048) (257,777) (48,606) (732,397) (7,200) (287,297) (15,498) (1,015) (2,156,838) (1,712,583) (1,279) (3,910)
Retirement of capital leases, bonds and loans................................. (201,300) (648,233) (2,768) (12,394) (4,738) (13,939) (2,567) (6,440) (892,379) (1,551,389) (11,194) (14,025)
Bond issue costs paid....................................................................... - (1,405) - (121) - (208) - - (1,734) (3,029) - -
Interest paid on debt.......................................................................... (253,077) (279,114) (3,524) (10,477) (1,703) (47,360) (4,587) (6,311) (606,153) (501,341) (4,739) (4,753)
Federal interest income subsidy from Build America Bonds............ - 24,042 756 - - 4,008 - - 28,806 28,688 - -
Other capital financing sources......................................................... - - - 13,877 - - 550 - 14,427 16,150 - -
Other capital financing uses.............................................................. - - - - - - (4,920) - (4,920) (3,098) - -
Net cash provided by (used in)
capital and related financing activities........................................ 436,349 (214,898) (53,784) (359,238) (12,553) (193,327) (26,530) 15,494 (408,487) (925,769) (17,212) (22,688)
Cash flows from investing activities:
Purchases of investments with trustees........................................... (619,746) (436,878) (3,446) - - (77,977) - (12,733) (1,150,780) (1,305,756) (2,260) -
Proceeds from sale of investments with trustees............................. 666,304 485,074 4,990 - - 85,012 - - 1,241,380 1,206,922 - -
Interest and investment income........................................................ 23,419 5,204 3,810 8,489 2,896 1,828 1,709 656 48,011 36,125 119 148
Other investing activities.................................................................... - - - - - - - - - - (313) (2)
Net cash provided by (used in) investing activities....................... 69,977 53,400 5,354 8,489 2,896 8,863 1,709 (12,077) 138,611 (62,709) (2,454) 146
Net increase (decrease) in cash and cash equivalents...................... 875,144 125,903 15,336 (48,337) 109,999 (26,714) 5,765 (33,458) 1,023,638 (131,002) 8,288 (9,077)
Cash and cash equivalents-beginning of year..................................... 971,852 461,701 305,521 1,039,810 225,074 240,531 190,651 56,477 3,491,617 3,622,619 51,536 60,613
Cash and cash equivalents-end of year.............................................. $ 1,846,996 $ 587,604 $ 320,857 $ 991,473 $ 335,073 $ 213,817 $ 196,416 $ 23,019 $ 4,515,255 $ 3,491,617 $ 59,824 $ 51,536

The notes to the financial statements are an integral part of this statement.
33
CITY AND COUNTY OF SAN FRANCISCO
Statement of Cash Flows – Proprietary Funds (Continued)
Year Ended June 30, 2018
(With comparative financial information year ended June 30, 2017)
(In Thousands)
Business-Type Activities - Enterprise Funds
Major Funds
San San Hetch General San
Francisco Francisco Hetchy Municipal Hospital Francisco Laguna Governmental Activities -
International Water Water and Transportation Medical Wastewater Port of San Honda Total Internal Service Funds
Airport Enterprise Power Agency Center Enterprise Francisco Hospital 2018 2017 2018 2017
Reconciliation of operating income (loss) to
net cash provided by (used in) operating activities:
Operating income (loss)................................................................... $ 293,616 $ 155,492 $ (5,652) $ (782,161) $ (189,476) $ 104,503 $ 12,946 $ (128,832) $ (539,564) $ (1,213,096) $ (6,766) $ (22,846)
Adjustments for non-cash and other activities:
Depreciation and amortization....................................................... 265,169 118,751 19,115 167,220 27,975 55,591 17,778 15,187 686,786 669,538 2,909 3,294
Provision for uncollectibles............................................................ (198) (37) 308 3 - (248) (180) - (352) 1,503 - -
Write-off of capital assets.............................................................. - 910 58 - - 4,729 - - 5,697 5,890 - -
Other............................................................................................. 4,150 - - - - - - - 4,150 1,912 99 409
Changes in assets and deferred outflows of resources/liabilities
and deferred inflows of resources:
Receivables, net......................................................................... (42,331) 454 991 (259) 64,056 (1,575) 763 (6,756) 15,343 1,575 17,363 12,609
Due from other funds.................................................................. - 338 2,026 225 - 44 - (31,404) (28,771) 34,048 - -
Inventories................................................................................... 7 1,875 - (4,250) (4,302) (36) 240 223 (6,243) 4,200 - -
Other assets................................................................................ (779) - (2,864) 589 - - 428 - (2,626) (4,943) - -
Accounts payable........................................................................ 13,870 8,286 8,568 (10,380) 49,556 12,563 1,580 57,562 141,605 (60,448) 4,750 (3,803)
Accrued payroll........................................................................... 1,421 177 (23) 1,554 1,433 (184) 55 816 5,249 8,769 120 380
Accrued vacation and sick leave pay.......................................... 1,038 (325) 328 1,949 1,105 466 88 2 4,651 423 235 114
Accrued workers' compensation.................................................. 657 1,868 (20) 9,442 856 204 94 1,236 14,337 4,325 (41) (64)
Estimated claims payable............................................................ - 2,664 28 14,522 - (83) (675) - 16,456 (21,766) - -
Due to other funds...................................................................... - 89 (2,054) (887) - (84) - - (2,936) (82) - (24)
Unearned revenue and other liabilities....................................... (54,459) 12,592 3,432 (1,084) 23,119 2,140 (9,756) 625 (23,391) (6,321) 2,182 2,276
Net pension liability and pension related deferred outflows and
inflows of resources.................................................................. 9,835 (3,730) 25 22,803 (81,368) 2,458 993 (3,149) (52,133) 600,608 4,884 16,230
Net OPEB liability and OPEB related deferred outflows and
inflows of resources.................................................................. 10,854 6,772 1,466 26,750 96,066 2,423 1,252 6,862 152,445 95,441 1,805 2,875
Total adjustments.......................................................................... 209,234 150,684 31,384 228,197 178,496 78,408 12,660 41,204 930,267 1,334,672 34,306 34,296
Net cash provided by (used in) operating
activities........................................................................................... $ 502,850 $ 306,176 $ 25,732 $ (553,964) $ (10,980) $ 182,911 $ 25,606 $ (87,628) $ 390,703 $ 121,576 $ 27,540 $ 11,450
Reconciliation of cash and cash equivalents
to the statement of net position:
Deposits and investments with City Treasury:
Unrestricted................................................................................... $ 458,219 $ 358,768 $ 274,871 $ 647,731 $ 334,609 $ 164,107 $ 155,722 $ - $ 2,394,027 $ 2,446,138 $ 36,595 $ 29,919
Restricted...................................................................................... 1,345,179 102,011 41,420 316,351 - 36,054 30,877 22,895 1,894,787 921,349 - -
Deposits and investments outside City Treasury:
Unrestricted................................................................................... 6,408 274 10 5,559 10 262 5 2 12,530 15,576 - -
Restricted...................................................................................... 710,685 143,739 3,815 21,832 454 14,282 10,077 12,855 917,739 734,945 25,478 21,617
Total deposits and investments..................................................... 2,520,491 604,792 320,116 991,473 335,073 214,705 196,681 35,752 5,219,083 4,118,008 62,073 51,536
Less: Investments outside City Treasury not
meeting the definition of cash equivalents................................... (673,495) (17,188) 741 - - (888) (265) (12,733) (703,828) (626,391) (2,249) -
Cash and cash equivalents at end of year
on statement of cash flows.............................................................. $ 1,846,996 $ 587,604 $ 320,857 $ 991,473 $ 335,073 $ 213,817 $ 196,416 $ 23,019 $ 4,515,255 $ 3,491,617 $ 59,824 $ 51,536
Non-cash capital and related financing activities:
Acquisition of capital assets on accounts payable
and capital lease........................................................................... $ 189,596 $ 45,882 $ 11,826 $ - $ - $ 48,720 $ 5,033 $ 175 $ 301,232 $ 156,712 $ 3,599 $ 1,997
Tenant improvements financed by rent credits................................ - - - - - - 2,590 - 2,590 613 - -
Net capitalized interest..................................................................... 28,756 59,855 413 4,536 - 22,415 18 - 115,993 80,311 - -
Donated inventory............................................................................ - - - - 1,490 - - - 1,490 1,910 - -
Capital contributions and other noncash capital items..................... - - - - - - 1,413 - 1,413 749 - -
Bond refunding through fiscal agent................................................ 26,789 - - - - - - - 26,789 184,536 - -
Bond proceeds held by fiscal agent................................................. 802,338 - - - - - - - 802,338 434,287 - -
Commercial paper repaid through fiscal agent................................ 706,285 - - - - - - - 706,285 343,050 - -
Interfund loan................................................................................... - 96 - - - 1,061 - - 1,157 1,257 - -

The notes to the financial statements are an integral part of this statement.
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