Balance Sheets as of December 31, 2009 and 2008 ASSETS 2009 2008 (thousands) UTILITY PLANT - at cost (Note 10) Electric plant. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,611,275 $ 4,520,464 Less accumulated depreciation and amortization . . . . . . . . . . . . . . . . . . . . . . . . . 1,542,404 1,505,688 Electric plant - net. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,068,871 3,014,776 Nuclear fuel - at amortized cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67,174 41,351 Total utility plant - net. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,136,045 3,056,127 SPECIAL PURPOSE FUNDS - at fair value (Notes 3 and 4) Electric system revenue bond fund - net of current. . . . . . . . . . . . . . . . . . . . . . . . 26,579 55,348 Segregated fund - debt retirement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42,000 48,000 Segregated fund - rate stabilization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32,000 32,000 Segregated fund - other. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,956 27,907 Electric system construction fund - net of current. . . . . . . . . . . . . . . . . . . . . . . . . 13,475 Decommissioning funds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 305,630 278,179 NC2 separate electric system revenue bond fund - net of current . . . . . . . . . . . . 1,110 1,123 Total special purpose funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 448,750 442,557
CURRENT ASSETS Cash and cash equivalents (Note 4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,953 39,504 Electric system revenue bond fund (Notes 3 and 4) . . . . . . . . . . . . . . . . . . . . . . . 86,452 53,305 Electric system subordinated revenue bond fund (Notes 3 and 4). . . . . . . . . . . . 6,481 6,497 Electric system construction fund (Notes 3 and 4) . . . . . . . . . . . . . . . . . . . . . . . . 158,923 195,200 NC2 separate electric system revenue fund (Notes 3 and 4). . . . . . . . . . . . . . . . . 26,370 NC2 separate electric system revenue bond fund (Notes 3 and 4). . . . . . . . . . . . 4,940 23,083 NC2 separate system construction fund (Notes 3 and 4). . . . . . . . . . . . . . . . . . . . 1,356 52,568 Accounts receivable - net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104,903 106,132 Fossil fuels - at average cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61,678 41,337 Materials and supplies - at average cost. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85,600 82,017 Other (Note 2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,310 6,288 Total current assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 564,966 605,931
DEFERRED CHARGES AND OTHER ASSETS (Note 2). . . . . . . . . . . . . . . . . .
80,552
64,745
TOTAL ASSETS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
See notes to financial statements
$ 4,230,313
$ 4,169,360