Can anyone confirm if the funds they hold for...

Can anyone confirm if the funds they hold for "RADs/accommodation bonds" is counted toward cash on hand? Because on the HY balance sheet, cash on hand improved mainly because of a net increase in proceeded from "Proceeds from RADs/accommodation bonds & ILU resident loans".

On the balance sheet this is a liability because it is basically bond a tenant pays, that needs to be paid back when the tenant moves out. If they are using these funds for any investment/operating activities & covering the bonds later on, I would could it as debt, even though it is non-interest bearing. Add 'other financial liabilities'to bank borrowings & the debt to equity ratio goes from 16%, to 106%.

I dont like these odd entries into the balance sheet (on either the asset or liability side), especially when it is a sizable amount.