National Rural Utilities Cooperative Finance Corporation (NRUC) Financial Statements (2024 and earlier)
Company Profile
Business Address |
20701 COOPERATIVE WAY DULLES, VA 20166-6691 |
State of Incorp. | DC |
Fiscal Year End | May 31 |
Industry (SIC) | 6159 - Miscellaneous business Credit Institutions (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
8/31/2023 Q1 | 5/31/2023 Q4 | 2/28/2023 Q3 | 11/30/2022 Q2 | 8/31/2022 Q1 | 5/31/2022 Q4 | 2/28/2022 Q3 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 709,305 | 760,088 | 879,495 | 830,415 | 753,455 | 705,032 | |||
Cash and cash equivalents | 198,936 | 172,962 | 271,767 | 232,084 | 153,551 | 104,248 | |||
Short-term investments | 510,369 | 587,126 | 607,728 | 598,331 | 599,904 | 600,784 | |||
Total current assets: | 709,305 | 760,088 | 879,495 | 830,415 | 753,455 | 705,032 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 86,011 | 113,281 | 110,196 | 105,849 | 101,762 | 99,087 | |||
Deferred costs | 6,660 | 6,377 | 6,840 | 6,514 | 6,710 | 7,084 | |||
Total noncurrent assets: | 92,671 | 119,658 | 117,036 | 112,363 | 108,472 | 106,171 | |||
Other undisclosed assets | 33,210,084 | 33,121,766 | 32,191,839 | 31,139,516 | 30,389,455 | 29,672,319 | |||
TOTAL ASSETS: | 34,012,060 | 34,001,512 | 33,188,370 | 32,082,294 | 31,251,382 | 30,483,522 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Debt | 4,546,275 | 4,899,631 | 5,594,212 | 5,270,826 | 4,981,167 | 4,428,057 | |||
Total current liabilities: | 4,546,275 | 4,899,631 | 5,594,212 | 5,270,826 | 4,981,167 | 4,428,057 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 25,229,984 | 24,818,656 | 23,524,048 | 22,854,027 | 22,531,958 | 22,508,200 | |||
Long-term debt, excluding current maturities | 25,229,984 | 24,818,656 | 23,524,048 | 22,854,027 | 22,531,958 | 22,508,200 | |||
Total noncurrent liabilities: | 25,229,984 | 24,818,656 | 23,524,048 | 22,854,027 | 22,531,958 | 22,508,200 | |||
Other undisclosed liabilities | 1,646,552 | 1,679,799 | 1,636,398 | 1,710,506 | 1,596,288 | 1,894,670 | |||
Total liabilities: | 31,422,811 | 31,398,086 | 30,754,658 | 29,835,359 | 29,109,413 | 28,830,927 | |||
Equity | |||||||||
Equity, attributable to parent | 2,562,059 | 2,575,793 | 2,406,393 | 2,216,938 | 2,114,573 | 1,626,781 | |||
Accumulated other comprehensive income | 8,343 | 8,694 | 2,080 | 2,169 | 2,258 | 3,786 | |||
Retained earnings | 2,553,716 | 2,567,099 | 2,404,313 | 2,214,769 | 2,112,315 | 1,622,995 | |||
Equity, attributable to noncontrolling interest | 27,190 | 27,633 | 27,319 | 29,997 | 27,396 | 25,814 | |||
Total equity: | 2,589,249 | 2,603,426 | 2,433,712 | 2,246,935 | 2,141,969 | 1,652,595 | |||
TOTAL LIABILITIES AND EQUITY: | 34,012,060 | 34,001,512 | 33,188,370 | 32,082,294 | 31,251,382 | 30,483,522 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
8/31/2023 Q1 | 5/31/2023 Q4 | 2/28/2023 Q3 | 11/30/2022 Q2 | 8/31/2022 Q1 | 5/31/2022 Q4 | 2/28/2022 Q3 | ||
---|---|---|---|---|---|---|---|---|
Revenues (Net Investment Income) | 1,346,009 | 353,292 | 324,194 | 308,952 | 291,595 | 285,206 | ||
Gross profit: | 1,346,009 | 353,292 | 324,194 | 308,952 | 291,595 | 285,206 | ||
Operating expenses | (50,620) | (11,741) | (11,810) | (9,898) | ||||
Other operating income, net (Noninterest Income, Other Operating Income) | 18,134 | 4,056 | 4,151 | 4,270 | ||||
Operating income: | 1,313,523 | 353,292 | 324,194 | 301,267 | 283,936 | 279,578 | ||
Nonoperating income (Investment Income, Nonoperating) | 285,844 | 97,885 | 417,152 | 173,125 | ||||
Interest and debt expense | (300,004) | (281,709) | (245,444) | (209,468) | (183,565) | (174,232) | ||
Income from continuing operations before income taxes: | 1,299,363 | 71,583 | 78,750 | 189,684 | 517,523 | 278,471 | ||
Income tax expense | (15) | (303) | (219) | (263) | (624) | (343) | ||
Income from continuing operations: | 1,299,348 | 71,280 | 78,531 | 189,421 | 516,899 | 278,128 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 189,421 | 516,899 | 278,128 | |
Other undisclosed net income (loss) | (1,312,616) | 91,937 | 111,233 | (27,547) | (25,724) | (16,163) | ||
Net income (loss): | (13,268) | 163,217 | 189,764 | 161,874 | 491,175 | 261,965 | ||
Net income (loss) attributable to noncontrolling interest | 444 | (321) | (27) | (193) | (1,611) | (888) | ||
Net income (loss) available to common stockholders, diluted: | (12,824) | 162,896 | 189,737 | 161,681 | 489,564 | 261,077 |
Comprehensive Income ($ in thousands)Annual | Quarterly
8/31/2023 Q1 | 5/31/2023 Q4 | 2/28/2023 Q3 | 11/30/2022 Q2 | 8/31/2022 Q1 | 5/31/2022 Q4 | 2/28/2022 Q3 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (13,268) | 163,217 | 189,764 | 161,874 | 491,175 | 261,965 | ||
Other comprehensive income (loss) | (351) | 6,614 | (89) | (89) | (1,528) | (120) | ||
Comprehensive income (loss): | (13,619) | 169,831 | 189,675 | 161,785 | 489,647 | 261,845 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 444 | (321) | (27) | (193) | (1,611) | (888) | ||
Comprehensive income (loss), net of tax, attributable to parent: | (13,175) | 169,510 | 189,648 | 161,592 | 488,036 | 260,957 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.