Financial Summary
($ in Thousands)
Statement of Financial Position 2011 2010
ACS
Programs
Petroleum
Research Fund
Total Total
ASSETS
 Cash and Cash Equivalents   $      28,555  $      19,736  $       48,291  $       39,215
 Accounts and Pledges Receivable           81,146               -             81,146           70,306
 Inventories             2,850               -               2,850             4,841
 Investments         423,037        441,413         864,450         897,149
 Interfund (Payable) Receivable          (12,587)         12,587               -                 -  
 Collateral Held                -                 -                 -             63,102
 Other           15,159                 25           15,184           12,962
 Buildings, Land, and Other Property         110,172               -           110,172         104,030
 Total Assets   $    648,332  $    473,761  $   1,122,093  $   1,191,605
LIABILITIES AND NET ASSETS
 LIABILITIES 
 Accrued Expenses and Accounts Payable   $      64,779  $      10,495  $       75,274  $       76,026
 Deferred Revenues         143,729                  -          143,729         120,205
 Short and Long-Term Debt             3,168                  -               3,168             3,869
 Postretirement Benefits and Other         209,205            3,915         213,120         185,077
 Collateral Payable                  -                    -                     -             63,102
 Total Liabilities         420,881          14,410         435,291         448,279
 NET ASSETS 
 Unrestricted         139,470                  -           139,470         169,922
 Temporarily Restricted           25,712        386,851         412,563         438,122
 Permanently Restricted           62,269          72,500         134,769         135,282
 Total Net Assets         227,451        459,351         686,802         743,326
 Total Liabilities and Net Assets   $    648,332  $    473,761  $  1,122,093  $  1,191,605
Statement of Activities 2011 2010
ACS
Programs
Petroleum
Research Fund
Total Total
REVENUES 
 Electronic Services   $    403,834  $              -    $     403,834  $     390,386
 Dues          12,294                  -             12,294           12,361
 Member Insurance Premiums, Refunds, and Fees          11,299                  -             11,299            14,482
 Printed Services           10,295                  -             10,295           14,270
 Registration Fees and Booth Sales           10,061                  -             10,061           11,438
 Advertising            8,945                  -               8,945             8,824
 Investment Income             9,948                 60           10,008           10,075
 Net Assets Released from Restriction             5,618          20,867           26,485           21,758
 Other             6,579                  -               6,579             6,641
 Total Unrestricted Revenues         478,873          20,927          499,800         490,235
 EXPENSES 
 Information Services         354,249                  -           354,249         345,707
 Member Programs and Services           42,152                  -             42,152           40,075
 Member Insurance Program           14,781                  -             14,781           14,582
 Grants and Awards             3,081          19,124           22,205           17,146
 Administrative           36,354            1,803           38,157           36,464
 Other             8,157                  -               8,157             9,574
 Total Expenses         458,774          20,927         479,701         463,548
 Net Contribution           20,099                  -             20,099           26,687
 Net Investment Gains             (535)                  -                (535)           19,096
 Change in Pension Funding Status and Other         (50,016)                  -           (50,016)          (35,199)
 Change in Unrestricted Net Assets         (30,452)                  -           (30,452)            10,584
 Contributions             6,089                  -               6,089             3,416
 Investment Income and Net Investment Gains            1,063           (7,619)           (6,556)           63,407
 Net Assets Released From Restriction           (5,618)         (20,867)         (26,485)         (21,758)
 Other                980              (100)                880                -
 Change in Restricted Net Assets             2,514         (28,586)         (26,072)           45,065
 Change in Total Net Assets         (27,938)         (28,586)         (56,524)           55,649
 Beginning Total Net Assets         255,389        487,937         743,326         687,677
 Ending Total Net Assets   $    227,451  $    459,351  $     686,802  $     743,326