The Consolidated Statement of Financing provides information on the
total resources used by an agency, both those received through budgetary
resources and those received through other means during the reporting
period. The statement reconciles these resources with the net cost of
operations by (1) removing resources that do not fund net cost of operations
and (2) including components of net cost of operations that did not generate
or use resources during the year.
The relationship between the amounts reported as liabilities not covered
by budgetary resources as shown in Note 5, Liabilities, and the
amounts reported as components requiring or generating resources in future
periods on the Statement of Financing were analyzed. The differences are
primarily due to budgetary offsetting collections that do not affect net
cost of operations, which consists of the change in unfilled customer
orders with advance.
For the year ended September 30, 2006, future funding requirements were
as follows:
USPTO Future Funding Requirements for the year ended September 30,
2006
(Dollars in Thousands)
Liabilities not Covered
by Budgetary Resources as of 9/30/2005 |
$764,509 |
Unobligated Balance
Used to Cover Unfunded Liabilities |
5,728 |
![single underline](images/rule_single.gif) |
Unfunded Liabilities
as of 9/30/2005 |
$770,237 |
![single underline](images/rule_single.gif) |
Liabilities not Covered by Budgetary Resources as of 9/30/2006 |
$841,632 |
Unobligated Balance
Used to Cover Unfunded Liabilities |
5,716 |
![single underline](images/rule_single.gif) |
Unfunded Liabilities
as of 9/30/2006 |
$847,348 |
![single underline](images/rule_single.gif) |
Increase in Unfunded Liabilities |
$ 77,111 |
![double underline](images/rule_double.gif) |
Costs that will be Funded by Resources in Future Periods |
$ 7,580 |
Budgetary Offsetting
Collections that do not Affect Net Cost Of Operations |
69,531 |
![single underline](images/rule_single.gif) |
Increase in Future Funding Requirements |
$ 77,111 |
![double underline](images/rule_double.gif) |
|
For the year ended September 30, 2005, future funding requirements were
as follows:
USPTO Future Funding Requirements for the year ended September 30,
2005
(Dollars in Thousands)
Liabilities not Covered
by Budgetary Resources as of 9/30/2004 |
$634,129 |
Unobligated Balance
Used to Cover Unfunded Liabilities |
2,363 |
![single underline](images/rule_single.gif) |
Unfunded Liabilities
as of 9/30/2004 |
$636,492 |
![single underline](images/rule_single.gif) |
Liabilities not Covered by Budgetary Resources as of 9/30/2005 |
$764,509 |
Unobligated Balance
Used to Cover Unfunded Liabilities |
5,728 |
![single underline](images/rule_single.gif) |
Unfunded Liabilities
as of 9/30/2005 |
$770,237 |
![single underline](images/rule_single.gif) |
Increase in Unfunded Liabilities |
$133,745 |
![double underline](images/rule_double.gif) |
Costs that will be Funded by Resources in Future Periods |
$ 3,647 |
Resources that Fund
Costs Recognized in Prior Periods |
(360) |
Budgetary Offsetting
Collections that do not Affect Net Cost Of Operations |
130,458 |
![single underline](images/rule_single.gif) |
Increase in Future Funding Requirements |
$133,745 |
![double underline](images/rule_double.gif) |
|
|