Lyndon B. Johnson Space Center
Statement of Financial Position
as of September 30, 1997
(in thousands)

        FY 1997
FY 1996
(Restated)

Intragovernmental Assets:
  Fund Balance with U. S. Treasury (Note 2) $ 1,351,702 $ 1,317,234
Accounts Receivable, Net (Note 3) 6,521 6,283
Advances and Prepayments 53,538 251
Governmental Assets:
  Accounts Receivable, Net (Note 3) 5,241 3,077
Cash and Other Monetary Assets 0 93
Operating Materials and Supplies (Note 4) 3,289 4,384
Property, Plant and Equipment, Net (Note 5) 9,937,360 4,258,167
Other Assets (Note 6) 593,936 327,462

  Total Assets $11,951,587 $ 5,916,951

Liabilities:
  Liabilities Covered by Budgetary Resources:
  Intragovernmental Liabilities:
      Accounts Payable 15,532 10,122
Other Liabilities (Note 7) 134 84
  Governmental Liabilities:
      Accounts Payable 758,631 647,456
Lease Liabilities (Note 8) 218 250
Other Liabilities (Note 7) 17,237 17,049

  Total $ 791,752 $ 674,961

Liabilities Not Covered by Budgetary Resources:
  Intragovernmental Liabilities:
      Other Liabilities (Note 7) 28 24
    Governmental Liabilities:
      Other Liabilities (Note 7) 37,330 37,071

  Total 37,358 37,095

    Total Liabilities $ 829,110 $ 712,056

Net Position: (Note 9 and Note 10)
  Balances
    Unexpended Appropriations 625,468 652,227
Invested Capital 10,533,380 4,588,776
Donated Propertys 987 987
Future Funding Requirements (37,358) (37,095)

  Total Net Position 11,122,477 5,204,895

  Total Liabilities and Net Position $11,951,587 $ 5,916,951

The accompanying notes are an integral part of these statements. These statements are for internal use and have not been audited.