ADP 2012 Annual Report Download - page 61

Download and view the complete annual report

Please find page 61 of the 2012 ADP annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 125

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125

NOTE 5. CORPORATE INVESTMENTS AND FUNDS HELD FOR CLIENTS
Corporate investments and funds held for clients at June 30, 2012 and 2011 are as follows:
At June 30, 2012, U.S. Treasury and direct obligations of U.S. government agencies primarily include debt directly issued by Federal Home
Loan Banks, Federal Farm Credit Banks, Federal National Mortgage Association (
“
Fannie Mae
”
),
and Federal Home Loan Mortgage
June 30, 2012
Gross
Gross
Amortized
Unrealized
Unrealized
Cost Gains Losses Fair Value
Type of issue:
Money market securities and other cash
equivalents
$
5,111.1
$
-
$
-
$
5,111.1
Available-for-sale securities:
U.S. Treasury and direct obligations of
U.S. government agencies
6,413.8
260.9
(0.1
)
6,674.6
Corporate bonds
7,097.2
272.3
(1.5
)
7,368.0
Canadian provincial bonds
620.8
35.4
(0.3
)
655.9
Asset-backed securities
533.9
14.5
-
548.4
Municipal bonds
522.0
31.0
(0.1
)
552.9
Canadian government obligations and
Canadian government agency obligations
994.2
23.4
(0.6
)
1,017.0
Other securities
1,201.0
75.7
(0.1
)
1,276.6
Total available-for-sale securities
17,382.9
713.2
(2.7
)
18,093.4
Total corporate investments and funds
held for clients $
22,494.0
$
713.2
$
(2.7
)
$
23,204.5
June 30, 2011
Gross Gross
Amortized
Unrealized
Unrealized
Cost Gains Losses Fair Value
Type of issue:
Money market securities and other cash
equivalents $
9,731.8
$ - $ - $
9,731.8
Available-for-sale securities:
U.S. Treasury and direct obligations of
U.S. government agencies
6,558.2
213.0
(12.1
)
6,759.1
Corporate bonds
5,908.6
234.9
(16.9
)
6,126.6
Canadian provincial bonds
480.0
15.1
(0.8
)
494.3
Asset-backed securities
422.4
25.4
-
447.8
Municipal bonds
493.7
23.1
(0.6
)
516.2
Canadian government obligations and
Canadian government agency obligations
1,082.0
20.8
(1.3
)
1,101.5
Other securities
1,411.7
73.2
(2.9
)
1,482.0
Total available-for-sale securities
16,356.6
605.5
(34.6
)
16,927.5
Total corporate investments and funds
held for clients $
26,088.4
$
605.5
$
(34.6
)
$
26,659.3