Financial Statements and Notes

U.S. Department of Health and Human Services
Agency for Healthcare Research and Quality
Consolidated Balance Sheet
As of September 30, 2002 and 2001
(in thousands)

Assets	2002	2001
Intragovernmental
Fund Balance with Treasury (Note 2)	$356,423	$286,778
Accounts Receivable, Net (Note 3)	800	1
Total Intragovernmental	357,223	286,779
Accounts Receivable, Net (Note 3)		252
Advances and Prepayments		1
Property and Equipment, Net (Note 4)	375	435
Total Assets	$357,598	$287,467
Liabilities
Intragovernmental
Accounts Payable	$2,467	$1,757
Accrued Payroll and Benefits	359	311
Total Intragovernmental	2,826	2,068
Accounts Payable	12,463	9,706
Accrued Payroll and Benefits	1,435	1,243
Accrued Grant Liability (Note 5)	7,224	4,967
Actuarial FECA Liability (Note 6)	516	439
Accrued Leave Liability (Note 6)	2,010	1,899
Liability for Deposit Funds (Note 6)	(679)	328
TOTAL LIABILITIES	25,795	20,650
NET POSITION
Unexpended Appropriations	35,314	89,680
Cumulative Results of Operations	296,489	177,137
TOTAL NET POSITION	331,803	266,817
TOTAL LIABILITIES AND NET POSITION	$357,598	$287,467

The accompanying notes are an integral part of these statements.

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Department of Health and Human Services
Agency for Healthcare Research and Quality
CONSOLIDATED STATEMENT OF NET COST
For the Fiscal Years Ended September 30, 2002 and 2001
(in thousands)

CURRENT PROGRAMS	2002	2001	Restated 2001
Research on Health Costs, Quality, and Outcomes	$227,432	$11,018	$190,843
Medical Expenditure Panel Survey	45,698	35,555	35,555
Program Support	2,545	2,509	2,509
Totals - Current Programs	$275,675	$49,082	$228,907
NET COST OF OPERATIONS	$275,675	$49,082	$228,907

The accompanying notes are an integral part of these statements.

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Department of Health and Human Services
Agency for Healthcare Research and Quality
CONSOLIDATED STATEMENT OF CHANGES IN NET POSITION
For the Fiscal Year Ended September 30, 2002
(in thousands)

Changes	2002 Cumulative Results of Operations	2002 Unexpended Appropriations
1. Beginning Balances	$177,137	$89,680
2. Prior period adjustments
3. Beginning Balances, As Adjusted	177,137	89,680
Budgetary Financing Sources:
4. Appropriation received		2,600
5. Appropriations transferred-in/out (+/-)
6. Other adjustment	19,952	(19,057)
7. Appropriations used	37,909	(37,909)
8. Nonexchange revenue	336,015
9. Donations and forfeitures of cash and cash equivalents.
10. Transfers-in/out without reimbursement
11. Other budgetary financing sources
Other Financing Sources:
12. Donations and forfeitures of Property
13. Transfers-in/out without reimbursements
14. Imputed financing from costs absorbed by others	1,167
15. Other	(16)
16. Total Financing Sources	395,027	(54,366)
17. Net Cost of Operations	275,675
18. Ending Balances	$296,489	$35,314

The accompanying notes are an integral part of these statements.

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U. S. Department of Health and Human Services
Agency for Healthcare Research and Quality
STATEMENT OF BUDGETARY RESOURCES
For the Fiscal Year Ended September 30, 2002
(in thousands)

Budgetary Resources:	Amount
1 Budget Authority
Appropriations Received	$2,600
Net Transfers
Other	1,767
2 Unobligated Balances - Beginning of Period
Beginning of Period	5,196
Net Transfers
Earned
Collected	223,024
Receivables from Federal Sources
Change in Unfilled Customer Orders
Advance Received	113,728
Without Advance from Federal Sources	(5,022)
Anticipated for Rest of Year
Subtotal	31,730
4 Recoveries of Prior Year Obligations	1,884
5 Temporarily Not Available Pursuant to Public Law
6 Permanently Not Available	(15)
Total Budgetary Resources	$343,162
Status of Budgetary Resources:
8 Obligations Incurred
Direct	$4,467
Reimbursable	315,958
Subtotal	320,425
9 Unobligated Balances - Available
Apportioned	8,567
10 Unobligated Balances - Not Available	14,170
11 Total Status of Budgetary Resources	$343,162
Relationship of Obligations to Outlays:
12 Obligated Balance, Net- Beginning of Period	289,128
13 Obligated Balance Transferred, Net
14 Obligated Balance, Net - End of Period
Accounts Receivable (-)
Unfilled Customer Orders from Federal Sources (-)	(800)
Undelivered Orders	326,018
Accounts Payable	16,720
15 Outlays
Disbursements	270,752
Collections (-)	(336,752)
Sub-Total	(66,000)
Less: Offsetting Receipts
Net Outlays	$ (66,000)

The accompanying notes are an integral part of these statements.

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U. S. Department of Health and Human Services
Agency for Healthcare Research and Quality
COMBINED STATEMENT OF FINANCING
For the Fiscal Year Ended September 30, 2002
(in thousands)

Resources Used To Finance Activities: Budgetary Resources Obligated	Amount
1 Obligations Incurred	$320,425
2 Less: Spending from Offsetting Collections and Recoveries	333,614
3 Obligations Net of Offsetting Collections and Recoveries	(13,189)
4 Less: Offsetting Receipts
5 Net Obligations	(13,189)
Other Resources
6 Donations and Forfeitures of Property
7 Transfers In/Out Without Reimbursements
8 Imputed Financing	1,167
9 Other Resources	(16)
10 Net Other Resources Used to Finance Activities	1,151
11 Total Resources Used to Finance Activities	$ (12,038)
Resources Used to Finance Items Not Part of the Net Cost of Operations
12 Change in Budgetary Resources Obligated for Goods, Services and Benefits Ordered but not Yet Provided	63,997
13 Resources that fund expenses recognized in prior periods
14 Budgetary offsetting collections and receipts that do not affect net cost of operations
14a. Credit program collections which increase liabilities for loan guarantees or allowance for subsidy
14b. Other budgetary collections & receipts	(336,015)
15 Resources that finance the acquisition of assets
16 Other resources or adjustments to net obligated resources that do not affect net cost of operations	120
17 Total resources used to finance items not part of the net cost of operations	(271,898)
18 Total resources used to finance the net cost of operations	$259,860

Components of the Net Cost of Operations that will not Require or Generate Resources in the Current Period: Components Requiring or Generating Resources in Future Periods	Amount
19 Increase in Annual Leave Liability	111
20 Increase in environmental and disposal liability
21 Upward/Downward reestimate of credit subsidy expense
22 Increase in exchange revenues receivable from the public
23 Other
24 Total components of Net Cost of Operations that will require or generate resources in future periods.	111
Components not Requiring or Generating Resources:
25 Depreciation and amortization	117
26 Revaluation of assets or liabilities
27 Other	15,586
28 Total components of Net Cost of Operations that will not require or generate resources	15,703
29 Total components of net cost of operations that will not require or generate resources in the current period	15,814
30 Net Cost of Operations	$275,675

The accompanying notes are an integral part of these statements.

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