b'LOS ANGELES FIRE AND POLICE PENSION SYSTEM MANAGEMENTS DISCUSSION AND ANALYSIS (Unaudited)Health Subsidy Plan (Continued)Fiduciary Net Position (Continued)Condensed Statement of Fiduciary Net Position($ in Thousands)2023 2022 (1) Change % ChangeAs restatedCash $800 $654 $146 22.3%Receivables/Prepayments(1)85,11166,49018,621 28.0%Investments3,103,8062,849,404 254,402 8.9%Capital Assets2,2032,235(32) -1.4%Total Assets3,191,9202,918,783 273,137 9.4%Liabilities 225,053 196,606 28,447 14.5%Deferred Inflows of Resources(1) 52 55(3) -5.5%Net Position $ 2,966,815 $ 2,722,122 $244,693 9.0% (1)Receivables and deferred inflows of resources were restated in the fiscal year 2022 as a result of GASB Statement No. 87-Leases implementation.Net position increased by $ 244.69 million, or 9.0%, to $2.97 billion from fiscal year 2022. Total assets increased in value by $273.14 million, or 9.4%, when compared with the prior fiscal year 2022, primarily attributable to appreciation of investments due to favorable market conditions.10 SECTION 2 Financials 27'