NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP DC
For the period ended Nov 30, 2023. Filed Jan 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 30, 2023 · Filed Jan 12, 2024
NRUC$20.04+0.7%Stored close · as of Nov 9, 2026
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Consolidated Balance Sheets (Unaudited)
CONSOLIDATED BALANCE SHEETS
| (Dollars in thousands) | November 30, 2023 | May 31, 2023 |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | $128,794 | $198,936 |
| Restricted cash | 11,078 | 8,301 |
| Total cash, cash equivalents and restricted cash | 139,872 | 207,237 |
| Time deposits | 400,000 | — |
| Investment securities: | ||
| Debt securities trading, at fair value | 381,110 | 474,875 |
| Equity securities, at fair value | 35,758 | 35,494 |
| Total investment securities, at fair value | 416,868 | 510,369 |
| Loans to members | 33,553,589 | 32,532,086 |
| Less: Allowance for credit losses | (55,554) | (53,094) |
| Loans to members, net | 33,498,035 | 32,478,992 |
| Accrued interest receivable | 188,491 | 172,723 |
| Other receivables | 29,813 | 31,243 |
| Fixed assets, net of accumulated depreciation of $80,301 and $77,508 as of November 30, 2023 and May 31, 2023, respectively | 85,187 | 86,011 |
| Derivative assets | 678,609 | 460,762 |
| Other assets | 73,328 | 64,723 |
| Total assets | $35,510,203 | $34,012,060 |
| Liabilities: | ||
| Accrued interest payable | $236,441 | $212,340 |
| Debt outstanding: | ||
| Short-term borrowings | 5,161,583 | 4,546,275 |
| Long-term debt | 24,640,201 | 23,946,548 |
| Subordinated deferrable debt | 1,184,247 | 1,283,436 |
| Members’ subordinated certificates: | ||
| Membership subordinated certificates | 628,619 | 628,614 |
| Loan and guarantee subordinated certificates | 334,037 | 348,349 |
| Member capital securities | 246,163 | 246,163 |
| Total members’ subordinated certificates | 1,208,819 | 1,223,126 |
| Total debt outstanding | 32,194,850 | 30,999,385 |
| Deferred income | 35,450 | 38,601 |
| Derivative liabilities | 92,890 | 115,074 |
| Other liabilities | 54,432 | 57,411 |
| Total liabilities | 32,614,063 | 31,422,811 |
| Equity: | ||
| CFC equity: | ||
| Retained equity | 2,857,388 | 2,553,716 |
| Accumulated other comprehensive income | 8,618 | 8,343 |
| Total CFC equity | 2,866,006 | 2,562,059 |
| Noncontrolling interests | 30,134 | 27,190 |
| Total equity | 2,896,140 | 2,589,249 |
| Total liabilities and equity | $35,510,203 | $34,012,060 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.