REPORT DIGEST ILLINOIS STATE BOARD OF INVESTMENT COMPLIANCE AUDIT Summary of Findings:
Release Date: WILLIAM G. HOLLAND Iles Park Plaza To obtain a copy of the Report contact: This Report Digest is also available on |
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ILLINOIS STATE BOARD OF INVESTMENTS
INFORMATION FROM FINANCIAL AND COMPLIANCE AUDITS
YEAR ENDED JUNE 30, 1998
FINANCIAL STATEMENT ANALYSIS | FY 1998 |
FY 1997 |
Revenues:
Expenses:
Net Investment Income
Member Systems' Withdrawals |
$194,122,517 55,779,586 2,335,280 $252,237,383 15,091,365 $237,146,018 748,429,299 154,496,968 $1,140,072,285 (88,300,000) 6,328,137,142 $7,379,909,427 |
$182,952,985 56,028,503 2,126,047 $241,107,535 14,245,218 $226,862,317 381,054,619 399,803,761 $1,007,720,697 (116,400,000) 5,436,816,445 $6,328,137,142 |
INVESTMENT PORTFOLIO ANALYSIS - Fair Value | JUNE 30, 1998 |
JUNE 30, 1997 |
Total Government Obligations Total Corporate Obligations Foreign Obligations Convertible Bonds Common Stock & Equity Funds Convertible Preferred Stock Preferred Stock Foreign Equity Securities Real Estate Funds Alternative Investments Money Market Instruments Forward Foreign Currency Contracts Options Total Investment Portfolio |
$1,299,851,793 595,698,778 52,336,197 13,984,049 3,022,271,513 33,701,030 9,796,742 1,083,783,967 250,823,177 361,780,824 678,360,145 (306,533) 8,760 $7,402,090,442 |
$1,137,289,413 648,401,848 38,894,843 7,708,471 2,424,361,786 21,207,595 25,335,680 1,019,434,063 252,606,430 306,053,788 419,376,908 1,008,282 4,465,309 $6,306,144,416 |
OPERATING EXPENSES | FY 1998 |
FY 1997 |
Personal Services Rent and Utilities Audit Other External Support: Custody Consulting and Professional Investment Advisors/Managers Investment Services and Research Total Operating Expenses |
$883,220 75,933 77,850 130,523 300,068 252,255 13,272,314 99,202 $15,091,365 |
$954,362 73,392 74,961 95,413 723,019 57,915 12,171,700 94,456 $14,245,218 |
SUPPLEMENTARY INFORMATION | FY 1998 |
FY 1997 |
Total Investment Manager Fees Total Time Weighted Return on Investments Average Number of System Employees Total Brokerage Commissions Paid |
$13,272,314 |
$12,171,700 |
EXECUTIVE DIRECTOR | ||
During Audit Period: Jane R. Patterson Currently: Jane R. Patterson |