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Note 9. Other Assets

Other assets as of September 30, 2007 and 2006, are comprised of the following, all of which are considered entity assets: 

(In Millions)

 

2007

2006

Intragovernmental

 

 

   Advances to Other Federal Entities

   Other  

   $   438

              

$    499

           1

OPDIV Combined, Intragovernmental          

438

500

  Intra-OPDIV Eliminations              

     (392)

     (365)

OPDIV Consolidated, Intragovernmental

46

135

  Inter-OPDIV Eliminations              

         (3)

         (3)

HHS Consolidated, Intragovernmental

    $    43

$    132

 

 

 

With the Public

 

 

   Prepayments and Deferred Charges

  $      1

$         -

   Travel Advances & Emergency Employee Salary Advances     

12

139

   Other

     563

      370

HHS Consolidated, With the Public

  $  576

$    509

 

Advances to other Federal entities is largely comprised of advances from the NIH to the NIH Service and Supply Fund and the Management Fund for financing the NIH Business System and the NIH Clinical Center, as well as advances from the CDC and the OS to the Department of Veterans Affairs for Strategic National Stockpile items.

As of September 30, 2007, the CMS had $161 million ($124 million in FY 2006) in Other Assets representing advances made to various contractors and vendors. The HRSA has Health Education Assistance Loan programs from which the net loan receivable comprises a large portion of Other Assets with the Public.

 

Report Date: November 15, 2007

 


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