XML 108 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
May 31, 2013
May 31, 2012
ASSETS    
Cash and cash equivalents $ 177,062 $ 191,167
Restricted cash 7,696 7,694
Investments 731,632 59,045
Loans to members 20,305,874 18,919,612
Less: Allowance for loan losses (54,325) (143,326)
Loans to members, net 20,251,549 18,776,286
Accrued interest and other receivables 175,183 185,827
Fixed assets, net 104,508 102,770
Debt service reserve funds 39,803 39,803
Debt issuance costs, net 38,949 43,515
Foreclosed assets, net 261,472 223,476
Derivative assets 257,878 296,036
Other assets 25,919 25,716
Total assets 22,071,651 19,951,335
LIABILITIES AND EQUITY    
Short-term debt 7,719,483 4,493,434
Accrued interest payable 144,945 161,817
Long-term debt 10,696,433 12,151,967
Deferred income 25,717 26,131
Derivative liabilities 475,278 654,125
Other liabilities 69,308 63,922
Commitments and contingencies      
Total liabilities 21,260,390 19,460,580
CFC equity:    
Retained equity 791,090 473,964
Accumulated other comprehensive income 8,381 9,199
Total CFC equity 799,471 483,163
Noncontrolling interest 11,790 7,592
Total equity 811,261 490,755
Total liabilities and equity 22,071,651 19,951,335
Subordinated deferrable debt
   
LIABILITIES AND EQUITY    
Subordinated debt 400,000 186,440
Membership subordinated certificates
   
LIABILITIES AND EQUITY    
Subordinated debt 644,757 646,279
Loan and guarantee subordinated certificates
   
LIABILITIES AND EQUITY    
Subordinated debt 696,719 678,115
Member capital securities
   
LIABILITIES AND EQUITY    
Subordinated debt 387,750 398,350
Total members' subordinated certificates
   
LIABILITIES AND EQUITY    
Subordinated debt $ 1,729,226 $ 1,722,744