| PUBLIC UTILITY RISK MANAGEMENT SERVICES |
| JOINT SELF-INSURANCE FUND |
| COMBINING LIABILITY, PROPERTY, AND HEALTH & WELFARE
POOLS |
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| STATEMENT OF NET ASSETS AS OF JUNE 30, 2007 |
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| ASSETS |
Liability Pool |
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Property Pool |
|
H&W Pool |
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Total |
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| Current Assets: |
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| Cash in Banks |
$ 262,216.48 |
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$ 133,254.66 |
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$ 348,549.60 |
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$ 744,020.74 |
| Investments |
1,500,000.00 |
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350,000.00 |
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- |
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1,850,000.00 |
| Prepaid Insurance |
- |
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- |
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- |
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- |
| Accounts Receivable - Interpool Loan |
- |
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- |
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- |
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- |
| Accounts Receivable -
Assessments Billed |
196,195.26 |
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- |
|
614,438.36 |
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810,633.62 |
| Accounts Receivable - Future
Assessments |
2,987,232.75 |
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353,054.03 |
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463,192.67 |
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3,803,479.45 |
| Accounts Receivable - Member Deductibles |
- |
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- |
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- |
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- |
| Accounts Receivable -
Miscellaneous |
- |
|
22,997.45 |
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- |
|
22,997.45 |
| Accounts Receivable - Excess/Stop Loss Ins. |
- |
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- |
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- |
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- |
| Investment Interest Receivable |
12,761.69 |
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569.58
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- |
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13,331.27 |
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| Total Current Assets |
$ 4,958,406.18 |
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$ 859,875.72 |
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$ 1,426,180.63 |
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$ 7,244,462.53 |
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| LIABILITIES AND NET ASSETS |
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| Current Liabilities: |
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| Claims Reserve (Known) |
$ 1,127,481.34 |
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$ 130,988.48 |
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$ 43,004.99 |
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$ 1,301,474.81 |
| Claims Reserve (IBNR) |
1,859,751.41 |
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222,065.55 |
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420,187.68 |
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2,502,004.64 |
| Notes Payable |
- |
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- |
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- |
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- |
| Accounts Payable |
- |
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- |
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- |
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- |
| Accounts Payable - Interpool Loan |
- |
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- |
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- |
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- |
| Fund Legal Fees Payable |
- |
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- |
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- |
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- |
| Administrator's Fee Payable |
17,215.82 |
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9,418.51 |
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18,357.72 |
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44,992.05 |
| Broker's Fee Payable |
- |
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- |
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- |
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- |
| Stop Loss Premium Payable |
- |
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- |
|
34,263.55 |
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34,263.55 |
| PPO Networks Payable |
- |
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- |
|
5,258.16 |
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5,258.16 |
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| Total Current Liabilities |
$ 3,004,448.57 |
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$ 362,472.54 |
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$ 521,072.10 |
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$ 3,887,993.21 |
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| Total Net Assets |
1,953,957.61 |
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497,403.18 |
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905,108.53 |
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3,356,469.32 |
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| Total Net Assets and
Liabilities |
$ 4,958,406.18 |
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$ 859,875.72 |
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$ 1,426,180.63 |
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$ 7,244,462.53 |
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