August 2008 Analysis - Unaudited
BALANCE SHEET
| Assets |
Investments |
$997,343,231 |
Cash & Equivalents |
69,971,545 |
Loans |
2,572,759 |
Other Assets |
9,490,392 |
Total Assets |
$1,079,377,927
|
Liabilities |
Notes Payable |
$0 |
Accounts Payable |
48,616,562 |
Accrued Expenses |
4,310,700 |
Member Accounts |
951,733,961 |
Total Liabilities |
$1,004,661,223 |
Capital |
Membership Shares |
50,404,052 |
Reserves |
24,312,652 |
Total Capital |
$74,716,704 |
Total Liabilities & Capital |
$1,079,377,927 |
INCOME STATEMENT
Total Operating Income |
$32,097,159 |
Total Cost of Funds |
24,333,580 |
Net Operating Income |
7,763,579 |
Net Operating Expenses |
5,072,135 |
Non-Operating Gains |
0 |
| |
Net Income |
$2,691,444 |
| |
Return on Daily Ave. Net Assets-YTD. |
0.32% |
Retained Earnings to Daily Ave.
Net Assets |
2.53% |
Capital to Daily Ave. Net Assets |
6.57% |
|
