The Five-Year Financial Summary outlines the five-year history of the key items in the Statements of Financial Position and summarized revenue and expenses.
| (amounts in thousands) | 2018 |
2017 |
2016 |
2015 |
2014 |
Summarized Assets, Liabilities and Members’ Funds |
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Assets |
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| Invested assets | $ 151,131 |
$ 132,913 |
$ 117,000 |
$ 116,305 |
$ 115,250 |
| Other assets | 1,362 | 1,333 | 792 | 904 | 972 |
| 152,493 | 134,246 | 117,792 | 117,209 | 116,222 | |
Liabilities |
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| Accounts payable and other liabilities | 1,296 | 1,298 | 1,143 | 1,256 | 895 |
Members’ Funds |
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| Administrative | 3,568 | 3,065 | 2,401 | 1,701 | 1,140 |
| Liquidity | 148,675 | 131,288 | 114,248 | 114,252 | 114,187 |
Accumulated Other Comprehensive Income |
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| Net unrealized loss on investments | (1,046) | (1,405) | – | – | – |
| 151,197 | 132,948 | 116,649 | 115,953 | 115,327 | |
| 152,493 | 134,246 | 117,792 | 117,209 | 116,222 | |
Summarized Revenue and Expenses |
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Revenue |
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| Investment income | $ 2,302 |
$ 1,968 |
$ 2,094 |
$ 2,170 |
$ 2,419 |
| Other income | – | 3 | 3 | 4 | 339 |
| Administrative Assessment | 6,000 | 6,000 | 4,000 | 4,000 | 3,500 |
| 8,302 | 7,971 | 6,097 | 6,174 | 6,258 | |
Expenses |
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| Operating expenses | 5,612 | 5,465 | 5,401 | 5,548 | 5,786 |
| Excess of revenue over expenses | 2,690 | 2,506 | 696 | 626 | 472 |
Members’ Contributions |
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| Specific Assessment | $ 15,200 |
$ 15,200 |
– | – | – |