National Science Foundation
FINANCIAL STATEMENTS
as of and for the years ended
September 30, 2005 and 2004
III-25
Principal Financial Statements
National Science Foundation
Balance Sheet
As of September 30, 2005 and 2004
(Amounts in Thousands)
ASSETS
2005
Intragovernmental
Fund Balance With Treasury (Note 2)
Accounts Receivable (Note 3)
Advances (Note 4)
Total Intragovernmental Assets
$
Cash and Other Monetary Assets (Note 2)
Accounts Receivable, Net (Note 3)
Advances (Note 4)
General Property, Plant and Equipment, Net (Note 5)
Total Assets
7,674,185
35,825
26,531
7,736,541
2004
$
11,196
97
69,661
257,564
7,543,452
23,875
38,389
7,605,716
9,355
97
73,423
240,443
$
8,075,059
$
7,929,034
$
15,171
671
281
3,000
19,123
$
23,411
557
280
3,000
27,248
LIABILITIES
Intragovernmental Liabilities
Advances From Others
Employer Contributions & Other (Note 7)
FECA Employee Benefits (Notes 8 and 9)
Other Intragovernmental Liabilities (Note 12)
Total Intragovernmental Liabilities
Accounts Payable
Accrued Liabilities - Grants, Payroll & Other (Note 7)
FECA Employee Benefits (Notes 8 and 9)
Estimated Clean-Up Cost Liability (Note 14)
Accrued Annual Leave (Note 8)
Total Liabilities
44,019
299,953
1,381
116
12,951
43,519
311,719
1,465
12,162
377,543
396,113
7,198,420
499,096
7,097,014
435,907
7,697,516
7,532,921
Commitments and Contingencies (Note 12)
NET POSITION
Unexpended Appropriations
Cumulative Results of Operations
Total Net Position
Total Liabilities and Net Position
$
III-26
8,075,059
$
7,929,034
Principal Financial Statements
As of and for the Years Ended September 30, 2005 and 2004
National Science Foundation
Statement of Net Cost
For the Years Ended September 30, 2005 and 2004
(Amounts in Thousands)
Program Costs
2005
Ideas
Fundamental Science & Engineering
Centers
Capability Enhancements
$
2,327,110
176,183
202,855
2004
$
2,121,465
297,569
221,127
Total Ideas Program Costs
Less: Earned Revenue
2,706,148
119,826
2,640,161
62,110
Net Ideas Program Costs
2,586,322
2,578,051
531,911
321,155
312,784
209,570
536,163
280,542
245,232
212,388
Total Tools Program Costs
Less: Earned Revenue
1,375,420
324
1,274,325
13,341
Net Tools Program Costs
1,375,096
1,260,984
894,227
179,356
379,489
651,050
202,087
428,260
Total People Program Costs
Less: Earned Revenue
1,453,072
6,316
1,281,397
20,289
Net People Program Costs
1,446,756
1,261,108
Tools
Large Facilities
Infrastructure and Instrumentation
Polar Tools, Facilities and Logistics
Federally Funded Research & Development Centers
People
Individuals
Institutions
Collaborations
$
Net Cost of Operations (Note 10)
5,408,174
$
5,100,143
III-27
The accompanying notes are an integral part of these statements.
Principal Financial Statements
National Science Foundation
Statement of Changes in Net Position
For the Year Ended September 30, 2005
(Amounts in Thousands)
2005
Unexpended
Appropriations
Cumulative Results
of Operations
Beginning Balances
Beginning Balances
$
Budgetary Financing Sources
Appropriations Received (Net of Offsetting Receipts)
Appropriations Transferred In/(Out)
Other Adjustments
Appropriations Used
Non-exchange Revenue and Other
Donations
Appropriated Earmarked Receipts Transferred In
435,907
$
-
5,516,960
9,670
(78,395)
(5,346,829)
-
5,346,829
87
31,077
83,677
Other Financing Sources
Transfers-in/out Without Reimbursement
Imputed Financing from Costs Absorbed by Others
Other
7,097,014
-
675
9,002
Total Financing Sources
16
5,471,363
101,406
Net Cost of Operations
5,408,174
-
63,189
101,406
Net Change
$
Ending Balances
III-28
499,096
$
7,198,420
Principal Financial Statements
As of and for the Years Ended September 30, 2005 and 2004
National Science Foundation
Statement of Changes in Net Position
For the Year Ended September 30, 2004
(Amounts in Thousands)
2004
Unexpended
Appropriations
Cumulative Results
of Operations
Beginning Balances
Beginning Balances
$
Budgetary Financing Sources
Appropriations Received (Net of Offsetting Receipts)
Appropriations Transferred In/(Out)
Other Adjustments
Appropriations Used
Non-exchange Revenue and Other
Donations
Appropriated Earmarked Receipts Transferred In
489,411
$
6,555,803
5,013,277
23
23,915
569
5,610,950
11,250
(67,712)
(5,013,277)
-
303
8,552
-
Total Financing Sources
5,046,639
541,211
Net Cost of Operations
5,100,143
-
53,504
541,211
Other Financing Sources
Transfers-in/out Without Reimbursement
Imputed Financing from Costs Absorbed by Others
Net Change
$
Ending Balances
435,907
$
7,097,014
III-29
The accompanying notes are an integral part of these statements.
Principal Financial Statements
National Science Foundation
Statement of Budgetary Resources
For the Years Ended September 30, 2005 and 2004
(Amounts in Thousands)
Budgetary Resources
2005
Budgetary Authority:
Appropriations Received
Net Transfers
Unobligated Balance – Beginning of Period
Spending Authority from Offsetting Collections:
Earned:
Collected
Receivable from Federal Sources
Change in Unfilled Customer Orders:
Advance Received
Without Advance from Federal Sources
Subtotal
Recoveries of Prior Year Obligations
Permanently Not Available
Total Budgetary Resources (Note 11)
$
$
5,631,800
9,670
179,144
2004
$
5,635,457
11,250
298,368
114,517
11,949
90,247
5,629
(8,240)
(6,378)
111,848
43,510
(78,395)
5,897,577
(18,522)
33,975
111,329
61,168
(67,709)
6,049,863
$
Status of Budgetary Resources
Obligations Incurred:
Direct
Reimbursable
Subtotal
Unobligated Balance:
Apportioned
Unobligated Balance Not Available
Total Status of Budgetary Resources (Note 11)
$
5,542,061
111,842
5,653,903
$
5,759,154
111,565
5,870,719
$
155,531
88,143
5,897,577
$
85,230
93,914
6,049,863
$
7,364,308
$
6,784,209
$
(35,825)
(103,858)
7,233,315
336,879
7,430,511
$
(23,875)
(110,236)
7,148,677
349,742
7,364,308
Relationship of Obligations to Outlays
Net Obligated Balance – Beginning of Period
Net Obligated Balance – End of Period
Accounts Receivable
Unfilled Customer Orders from Federal Sources
Undelivered Orders
Accounts Payable
Total Net Obligated Balance – End of Period
Outlays:
Disbursements
Collections
Subtotal
Less: Offsetting Receipts
Net Outlays
$
$
III-30
5,538,620
(106,277)
5,432,343
31,164
5,401,179
$
$
5,189,847
(71,725)
5,118,122
23,938
5,094,184
Principal Financial Statements
As of and for the Years Ended September 30, 2005 and 2004
National Science Foundation
Statements of Financing
For the Years Ended September 30, 2005 and 2004
(Amounts in Thousands)
Resources Used to Finance Activities
Budgetary Resources Obligated
Obligations Incurred
Less: Spending Authority for Offsetting
Collections and Recoveries
Obligations Net of Offsetting Collections and Recoveries
Less: Offsetting Receipts
Net Obligations
Other Resources
Transfers-in
Imputed Financing
Net Other Resources Used to Finance Activities
2005
$
Total Resources Used to Finance Activities
5,653,903
2004
$
5,870,719
155,358
5,498,545
31,164
5,467,381
172,497
5,698,222
23,938
5,674,284
675
9,002
9,677
303
8,552
8,855
5,477,058
5,683,139
Resources Used to Finance Items Not Part of the Net Cost of Operations
Change in Budgetary Resources Obligated for Goods,
Services and Benefits Ordered But Not Yet Provided
Resources that Fund Expenses recognized in Prior Periods
Budgetary Offsetting Collections and Receipts that
Do Not Affect Net Cost of Operations
Resources that Finance the Acquisition of Assets
(83,636)
(85)
(598,238)
(146)
31,164
(35,793)
23,938
(27,078)
Total Resources Used to Finance Items Not Part of the Net Cost
of Operations
(88,350)
(601,524)
5,388,708
5,081,615
Total Resources Used to Finance Net Cost of Operations
Components of the Net Cost of Operations that will not Require or Generate
Resources in the Current Period
Components Requiring or Generating Resources in Future Periods
Other
Total Components of Net Cost of Operations that will Require or
Generate Resources in Future Periods (Note 13)
790
1,058
790
1,058
Components Not Requiring or Generating Resources
Depreciation and Amortization
Other
18,655
21
17,396
74
Total Components of Net Cost of Operations that will not
Require or Generate Resources
18,676
17,470
19,466
18,528
Total Components of Net Cost of Operations that will not Require or
Generate Resources in the Current Period
Net Cost of Operations (Note 10)
$
5,408,174
$
5,100,143
III-31
The accompanying notes are an integral part of these statements.
Principal Financial Statements
III-32