CONDENSED STATEMENTS OF NET POSITION (IN THOUSANDS) AS OF JUNE 30, 2022, 2021 AND 2020 FY2022 FY2021 FY2020 ASSETS Current Assets $1,232,567 $577,226 $445,013 Capital Assets 1,825,138 1,589,653 1,460,779 Other Long-Term Assets 235,183 194,866 201,950 ___________ ___________ ___________ Total Assets $3,292,888 $2,361,745 $2,107,742 ___________ ___________ ___________ Deferred Outflows of Resources $26,942 $37,449 $53,264 LIABILITIES Current Liabilities $117,646 $92,668 $44,312 Other Non-Current Liabilities 580,673 93,095 105,503 ___________ ___________ ___________ Total Liabilities $698,319 $185,763 $149,815 ___________ ___________ ___________ Deferred Inflows of Resources $197,907 $168,804 $178,878 NET POSITION Net Investment in Capital Assets $1,630,402 $1,588,785 $1,460,307 Restricted for Debt Service 16,295 - - Unrestricted 776,907 $455,842 372,006 ___________ ___________ ___________ Total Net Position $2,423,604 $2,044,627 $1,832,313 ___________ ___________ ___________ CONDENSED STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION (IN THOUSANDS) FOR THE FISCAL YEARS ENDED JUNE 30, 2022, 2021 AND 2020 Operating Revenues $833,406 $610,586 $476,967 Operating Expenses 461,614 396,541 342,510 ___________ ___________ ___________ Operating Income 371,792 214,045 134,457 Non-Operating Income (Expense) (7,654) (10,204) 1,741 Capital Contributions Repaid to the State of Georgia - - (5,472) Capital Contributions 14,839 8,473 5,774 ___________ ___________ ___________ Change in Net Position $378,977 $212,314 $136,500 ___________ ___________ ___________ CONDENSED STATEMENTS OF CASH FLOWS Cash Flows from Operating Activities $428,801 $316,411 $180,640 Cash Flows from Investing Activities 5,461 3,219 3,264 Cash Flows from Non-Capital Financing Activities (2,844) (8,454) (5,216) Cash Flows from Capital and Related Financing Activities 189,885 (213,315) (207,896) ___________ ___________ ___________ Net Increase in Cash and Cash Equivalents 621,303 97,861 (29,208) Balances — Beginning of the Year 469,359 371,498 400,706 ___________ ___________ ___________ Balances — End of the Year $1,090,662 $469,359 $371,498 ___________ ___________ ___________ FINANCIALS
