Đối với mục đích của Tuyên bố dòng chảy tiền mặt, Quỹ Doanh nghiệp xem xét tất cả các khoản đầu tư có chất lỏng cao với thời hạn đáo hạn ban đầu của ba tháng hoặc ít hơn khi mua được tương đương tiền mặt. | A-65 f. Cash and Cash Equivalents For purposes of the Statement of Cash Flows the Enterprise Fund considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents as identified in the Statement of Net Assets are as follows June 30 2009 June 30 2008 Cash in treasury 737 826 13 244 Cash with fiscal agent 414 589 1 Short Term Investment Pool STIP 111 563 28 307 First American Treasury Obligation Fund 8 186 070 9 188 586 Total Cash and Cash Equivalents 9 450 048 9 230 138 The Enterprise Fund invests its operational cash in the Board s Short Term Investment Pool STIP an external investment pool. An external investment pool commingles the moneys of more than one legally separate entity and invests on the participants behalf in an investment portfolio. STIP participants include both state agencies and local governments. By meeting certain conditions STIP as a 2a7-like pool is allowed to use amortized cost rather than fair value to report net assets to compute unit values. g. Restricted Net Assets The Statement of Net Assets for the Enterprise Fund reports restricted assets. Net assets are reported as restricted when constraints placed on net asset use are either a. Externally imposed by creditors such as through debt covenants grantors contributors or laws or regulations of other governments or b. Imposed by law through constitutional provisions or enabling legislation. The net assets of all Enterprise Fund programs with the exception of MEDB Montana Economic Development Bonds Guarantee Fund Account MEDB Guarantee CRP Note Reserve MEDB Contingency Account and CRP are restricted under bond indentures governing the use of these funds. h. Investments Investments are presented in the Statement of Net Assets at fair value. Investment fair values for publicly traded securities are determined primarily by reference to market prices supplied to the Board s trustee. Amortized cost or carrying
