Page 54 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

City of Winston-Salem, North Carolina
Statement of Net Position Exhibit 1
June 30, 2018 Page 1 of 2

Governmental Business-type
Activities Activities Total
Assets
Current Assets
Cash and cash equivalents/investments $ 198,938,422 $ 170,355,167 $ 369,293,589
Receivables
Taxes, net 946,753 78,876 1,025,629
Accounts, net 2,684,053 15,340,659 18,024,712
Leases 10,479,671 - 10,479,671
Assessments, net 419,096 188,028 607,124
Loans, net 27,829,524 - 27,829,524
Total receivables 42,359,097 15,607,563 57,966,660
Due from other governments 17,825,420 7,340,721 25,166,141
Internal balances 3,733,108 (3,733,108) -
Inventories 2,245,225 3,719,694 5,964,919
Prepaid items 51,764 - 51,764
Total current assets 265,153,036 193,290,037 458,443,073
Noncurrent Assets
Restricted Assets
Cash and cash equivalents/investments - 102,820,939 102,820,939
Capital Assets
Land 79,350,128 44,346,466 123,696,594
Construction in progress 143,947,450 186,016,950 329,964,400
Other capital assets, net of accumulated depreciation 253,888,888 815,421,764 1,069,310,652
Accounts receivables - 500,000 500,000
Total noncurrent assets 477,186,466 1,149,106,119 1,626,292,585
Total assets 742,339,502 1,342,396,156 2,084,735,658

Deferred Out ows of Resources
Pension deferrals 31,885,539 3,423,995 35,309,534
Charge on refunding 2,895,204 26,328,722 29,223,926
Total deferred outflows of resources 34,780,743 29,752,717 64,533,460

The accompanying notes are an integral part of the nancial statements.

48 2018 AN NUAL R E P O R T