BIRMINGHAM AIRPORT AUTHORITY BIRMINGHAM AIRPORT AUTHORITY STATEMENTS OF NET POSITION STATEMENTS OF NETJune POSITION For the years ended 30, 2017(continued) and 2016 For the years ended June 30, 2017 and 2016 ASSETS AND DEFERRED OUTFLOWS OF LIABILITIES, RESOURCESDEFERRED INFLOWS OF RESOURCES, AND NET POSITION CURRENT ASSETS CURRENT LIABILITIES Unrestricted Assets: Payable From Cash and cashUnrestricted equivalents Assets: and accrued expenses Accounts payable Investments Grants receivable Total payable from assets Accounts receivable (netunrestricted of allowance for uncollectibles of $29,002 and $28,376 Payable From Assets: in 2017 andRestricted 2016, respectively) Construction contracts payable Other accounts receivable Accrued payable Prepaidinterest insurance Current maturities of revenue bonds payable Inventory Total from restricted assets Totalpayable unrestricted assets Restricted Assets: Total current liabilities Passenger Facility Charges Funds: Cash and cash equivalents NON-CURRENT LIABILITIES Accounts receivable absences Compensated employee Customer Facility Charges Funds: Revenue bonds net of unamortized Cash and cashpayable, equivalents bond discount Accounts receivable Net pensionBond liability Revenue Reserve Funds: OPEB 19) Cash liability and cash(Note equivalents Construction Bond Funds: Total non-current liabilities Cash and cash equivalents Accrued receivable Totalinterest liabilities Total restricted assets TotalINFLOWS current assets DEFERRED OF RESOURCES Deferred inflow of resources related to pension NON-CURRENT ASSETS Capital assets, net of accumulated depreciation NET POSITION Total non-current Net investment in capital assets assets, net of related debt Total assets Restricted: For debt service DEFERRED Federal grantsOUTFLOWS and programsOF RESOURCES Deferred Total refunding restricted Deferred outflow of resources related to pension Unrestricted Total deferred outflows of resources Total net position TOTAL ASSETS AND DEFERRED OUTFLOWS OF RESOURCES TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND NET POSITION
2017 2017
$
$ 34,430,543 1,310,978 25,926,563 1,310,978
2016 2016
$
$ 28,488,429 981,662 20,168,903 876,944 981,662
836,648 292,117 36,676 4,786,202 519,720 6,930,000 292,764 12,008,319 62,042,914
1,505,157 747,066 4,765 4,932,351 468,723 6,590,000 249,349 12,269,417 51,762,270
13,319,297 1,624,848 736,515 529,385 15,935,402 175,556,677 606,666 23,193,736 1,706,576 28,827,856 200,986,374 433,705 214,305,671591 48,165,583 110,208,497 9,188,648
13,251,079 1,402,123 750,876 510,161 15,375,908 182,488,768 669,335 33,918,973 1,529,538 28,545,636 218,447,440 625,570 770 231,698,519 47,370,218 99,132,488 -
535,130,387 535,130,387 353,534,611 645,338,884 24,041,654 18,903,430 748,721 42,945,084 12,441,871 38,555,462 13,190,592 435,035,157
546,546,871 546,546,871 358,269,422 645,679,359 23,613,285 19,075,186 922,047 42,688,471 16,936,480 30,881,474 17,858,527 431,839,367
$ 658,529,476 $ 658,529,476
$ 663,537,886 $ 663,537,886
See Accompanying Notes to the Financial Statements. See Accompanying Notes to the Financial Statements.
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