IXL Social Enterprise Case Studies Housing January 2012 | Page 17

Revolutionizing the way to make housing affordable for everyone

Exhibit 4.1
Consolidated Statements of Financial Position

Year Ended June 30

2011 Total
2010 Total
2009 Total
Assets
Cash and cash equivalents
$70,798,568
$64,262,947
$48,273,084
Investments at fair value
$45,495,253
$74,696,736
$96,564,284
Receivables
$117,977,671 $121,263,992 $103,001,735
Other assets
$18,883,324
$14,226,391
$15,015,577

$253,154,816 $274,450,066 $262,854,680

Liabilities and net assets
Total liabilities
$88,883,450
$78,192,443
$59,837,340

Net assets:
Unrestricted $25,586,136 $22,465,446 $11,011,735
Temporarily restricted
$137,462,246
$172,974,278
$191,505,605
Permanently restricted
$1,222,984
$817,899
$500,000
Total net assets
$164,271,366
$196,257,623
$203,017,340

$253,154,816 $274,450,066 $262,854,680
Source: Habitat for Humanity International Annual Report 2010, 2011

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