STATE OF GEORGIA 
DEPARTMENT OF AUDITS AND ACCOUNTS 
Russell W. Hinton State Auditor 
MANAGEMENT REPORT SUBSEQUENT INJURY TRUST FUND AN ORGANIZATIONAL UNIT OF THE STATE OF GEORGIA 
YEAR ENDED JUNE 30, 2004 
 
 SUBSEQUENT INJURY TRUST FUND MANAGEMENT REPORT -TABLE OF CONTENTS- 
 
LETTER OF TRANSMITTAL 
 
SELECTED FINANCIAL INFORMATION 
 
EXHIBITS 
 
A SCHEDULE OF FIDUCIARY NET ASSETS 
 
1 
 
B SCHEDULE OF CHANGES IN FIDUCIARY NET ASSETS 
 
2 
 
 DEPARTMENT OF AUDITS AND ACCOUNTS 
 
254 Washington Street, S.W., Suite 214 
 
w. RUSSELL HINTON 
STATE AUDITOR 
(404) 6S6-2174 
 
Atlanta, Georgia 30334-8400 
 
December 21, 2004 
Honorable Sonny Perdue, Governor Members of the General Assembly of Georgia Members of the Board of Trustees of the Subsequent Injury Trust Fund 
and Honorable Richard W. McGee, Administrator 
Ladies and Gentlemen: 
As part of our audit of the basic financial statements of the State of Georgia presented in the State of Georgia Comprehensive Annual Financial Report and the issuance of a Statewide Single Audit Report pursuant to the Single Audit Act Amendments, as of and for the year ended June 30, 2004, we have performed certain audit procedures at the Subsequent Injury Trust Fund. Accordingly, the financial statements and compliance activities of the Subsequent Injury Trust Fund were examined to the extent necessary in order to express an opinion as to the fair presentation of the financial statements contained in the foregoing documents and to issue reports on compliance and internal controls as required by the Single Audit Act Amendments of 1996. 
This Management Report contains information pertinent to the financial and compliance activities of the Subsequent Injury Trust Fund as of and for the year ended June 30, 2004. The particular information provided is enumerated in the Table of Contents. 
This report is intended solely for the information and use of management of the State of Georgia and members of the Board and is not intended to be and should not be used by anyone other than these specified parties. 
Respectfully submitted, 
 
RWH:rmm 
 
 SELECTED FINANCIAL INFORMATION 
 
 SUBSEQUENT INJURY TRUST FUND SCHEDULE OF FIDUCIARY NET ASSETS 
PRIVATE PURPOSE TRUST FUND JUNE 30, 2004 
 
EXHIBIT"A" 
 
ASSETS 
Cash and Cash Equivalents Investments at Fair Value 
Pooled Investments Capital Assets 
Machinery and Equipment Accumulated Depreciation 
 
$ 
 
368,455.32 
 
8,843,516.13 
 
150,642.82 -108,096.87 
 
Total Assets 
 
$ ----9-,2-5-4-,5-1-7-.4-0- 
 
LIAS ILITIES Compensated Absences Payable 
 
$ - - - - -91-,8-8-5.-14- 
 
NET ASSETS Held in Trust for Other Purposes 
 
$ ====9=, 1=6=2=,=6=3=2=.2=6= 
 
-1- 
 
 SUBSEQUENT INJURY TRUST FUND SCHEDULE OF CHANGES IN FIDUCIARY NET ASSETS 
PRIVATE PURPOSE TRUST FUND YEAR ENDED JUNE 30, 2004 
 
EXHIBIT"B" 
 
ADDITIONS: Contribution/Assessments Plan Members Interest and Other Investment Income Dividends and Interest Other Miscellaneous 
Total Additions 
DEDUCTIONS: General and Administrative Expenses Benefits 
Total Deductions 
Change in Net Assets Held in Trust for Other Purposes 
NET ASSETS, JULY 1 
NET ASSETS, JUNE 30 
 
$ 27,066,632.97 690,686.57 120.52 
$ 27,757,440.06 
$ 1,970,618.10 102,235,104.82 
$ 104,205,722.92 $ -76,448,282.86 
85,610,915.12 
$ 9,162,632.26 
 
-2-