Note 16. Reconciliation of Net Costs of Operations to Budget
The recognition of earning reimbursable budgetary resources and spending budgetary resources on the CSBR generally has a direct or causal relationship to revenues and expenses recognized on the Consolidating Statements of Net Cost. The reconciliation schedules below bridge the gap between these sources and uses of budgetary resources with the operating results reported on the Consolidating Statements of Net Cost for the fiscal years ending on September 30, 2007 and 2006 (dollars in millions):
| FEDERAL BUILDINGS FUND |
ACQUISITION SERVICES FUND |
OTHER FUNDS |
LESS: INTRA-GSA ELIMINATIONS |
GSA CONSOLIDATED TOTALS |
||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2007 | 2006 | 2007 | 2006 | 2007 | 2006 | 2007 | 2006 | 2007 | 2006 | |
| RESOURCES USED TO FINANCE ACTIVITIES | ||||||||||
| Obligations Incurred | $9,083 | $9,075 | $9,304 | $9,611 | $660 | $610 | $- | $- | $19,047 | $19,296 |
| Less: Spending Authority From Offsetting Collections and Adjustments |
(9,573) | (8,776) | (8,652) | (9,042) | (405) | (404) | - | - | (18,630) | (18,222) |
| Financing Imputed for Cost Subsidies | 56 | 57 | 47 | 45 | 24 | 26 | 33 | 32 | 94 | 96 |
| Other | 39 | (82) | 9 | 81 | (111) | (76) | - | - | (63) | (77) |
| Total Resources Used to Finance Activities | (395) | 274 | 708 | 695 | 168 | 156 | 33 | 32 | 448 | 1,093 |
| RESOURCES USED THAT ARE NOT PART OF THE NET COST OF OPERATIONS | ||||||||||
| (Increase)/Decrease in Goods and Services Ordered But Not Yet Received | (42) | (394) | 42 | 329 | (15) | 20 | - | - | (15) | (45) |
| Increase/(Decrease) in Unfilled Customer Orders | 478 | 165 | (787) | (982) | 5 | (17) | - | - | (304) | (834) |
| Costs Capitalized on the Balance Sheet | (1,665) | (1,655) | (775) | (749) | (5) | (9) | - | - | (2,445) | (2,413) |
| Financing Sources Funding Prior Year Costs | (97) | 48 | 4 | (84) | 3 | - | - | - | (90) | (36) |
| Other | (5) | - | (173) | 73 | 61 | 69 | - | - | (117) | 142 |
| Total Resources Used That Are Not Part of the Net Cost of Operations | (1,331) | (1,836) | (1,689) | (1,413) | 49 | 63 | - | - | (2,971) | (3,186) |
| COSTS FINANCED BY RESOURCES RECEIVED IN PRIOR PERIODS | ||||||||||
| Depreciation and Amortization | 1,029 | 940 | 417 | 407 | 15 | 14 | - | - | 1,461 | 1,361 |
| Net Book Value of Property Sold | 12 | 12 | 288 | 285 | - | - | - | - | 300 | 297 |
| Other | 10 | 22 | 158 | 11 | - | - | - | - | 168 | 33 |
| Total Costs Financed by Resources Received in Prior Periods | 1,051 | 974 | 863 | 703 | 15 | 14 | - | - | 1,929 | 1,691 |
| COSTS REQUIRING RESOURCES IN FUTER PERIODS | ||||||||||
| Unfunded Capitalized Costs | 118 | (33) | - | - | - | - | - | - | 118 | (33) |
| Unfunded Current Expenses | (1) | 14 | (4) | 3 | (7) | 9 | - | - | (12) | 26 |
| Total Costs Requiring Resources in Future Periods | 117 | (19) | (4) | 3 | (7) | 9 | - | - | 106 | (7) |
| Net (Income From) Cost of Operations | $(558) | $(607) | $(122) | $(12) | $225 | $242 | $33 | $32 | $(488) | $(409) |