Annual Audit Report 2002

______________________________________________________________ PORTLAND INTERNATIONAL AIRPORT (a division of the Port of Portland) REPORT ON AUDIT OF FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION ______________________________________________________________ FOR THE YEARS ENDED JUNE 30, 2002 AND 2001 Portland International Airport (a division of the Port of Portland) __________ PORTLAND INTERNATIONAL AIRPORT (a division of the Port of Portland) TABLE OF CONTENTS ___________ Page FINANCIAL STATEMENTS: Report of Independent Public Accountants 1 Management’s Discussion and Analysis 3 Balnce Shets 7 Statements of Revenues, Expenses, and Changes in Net Aset 8 Statements of Cash Flows 9 Notes to Financial Statements 10 SUPPLEMENTARY INFORMATION: Combining Balance Sheet 21 Reconciliation of Budgetary Revenues and Expenditures to Income before Contributions and Transfers 22 Schedules of Resources, Expenditures and Transfers (Budgetary Basis): Airport Revenue Fund 23 Airport Revenue Bond Fund 24 Airport Construction Fund 25 PFC Fund 26 PFCBond 27 Schedules of Net Revenues 28 Schedule of Compliance with Ordinance Nos. 155 and 323 Debt ...