LOUISIANA LOTTERY CORPORATION A COMPONENT UNIT OF THE STATE OF LOUISIANA COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEARS ENDED JUNE 30, 2012 AND 2011
LOUISIANA LOTTERY CORPORATION A COMPONENT UNIT OF THE STATE OF LOUISIANA COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEARS ENDED JUNE 30, 2012 AND 2011
PREPARED BY ACCOUNTING DEPARTMENT KAREN B. FOURNET SENIOR VICE PRESIDENT SECRETARY TREASURER
LOUISIANA LOTTERY CORPORATION A COMPONENT UNIT OF THE STATE OF LOUISIANA COMPREHENSIVE ANNUAL FINANCIAL REPORT
TABLE OF CONTENTS PAGE
INTRODUCTORY SECTION
LETTER OF TRANSMITTAL .................................................................................... 1 ORGANIZATIONAL CHART WITH PRINCIPAL OFFICIALS ............................................. 6 CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN FINANCIAL REPORTING ............ 7 FINANCIAL SECTION
INDEPENDENT AUDITOR’S REPORT ....................................................................... 8 MANAGEMENT’S DISCUSSION AND ANALYSIS ....................................................... 10 BASIC FINANCIAL STATEMENTS PROPRIETARY FUND - ENTERPRISE FUND STATEMENTS OF NET ASSETS.................................................................. 20 STATEMENTS OF REVENUES, EXPENSES, AND CHANGES IN FUND NET ASSETS............................................................................ 21 STATEMENTS OF CASH FLOWS................................................................. 23 NOTES TO THE FINANCIAL STATEMENTS.................................................... 25 SUPPLEMENTAL INFORMATION SCHEDULES SCHEDULE OF PROFESSIONAL SERVICE FEES............................................ 42 SCHEDULE OF COMPENSATION PAID BOARD MEMBERS ............................... 43 STATISTICAL SECTION STATISTICAL INFORMATION SECTION ................................................................... 44 FINANCIAL TRENDS ........................................................................................... 45 SCHEDULE OF NET ASSETS AND CHANGES IN NET ASSETS .......................... 46 SALES BY FISCAL YEAR BY PRODUCT LINE FISCAL YEARS 2003 THROUGH 2012
