($ in thousands)
| |
||||||||||||
| for the year ended June 30, 1997 with summarized
financial information for the year ended June 30, 1996 ($ in thousands) |
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| Unrestricted | ||||||||||||
| General | Designated for | |||||||||||
| Operating | Specific | Temporarily | ||||||||||
| Budget | Purposes | Totals | Restricted | 1997 | 1996 | |||||||
| Revenues and reclassifications: | ||||||||||||
| Tuition and fees, net | $ 134,196 | $ 1,972 | $ 136,168 | $ - | $ 136,168 | $ 125,326 | ||||||
| Grant and contract income, primarily for research and training | 68,502 | 214,503 | 283,005 | - | 283,005 | 269,241 | ||||||
| Medical services income | - | 164,260 | 164,260 | - | 164,260 | 183,573 | ||||||
| Contributions | 16,264 | - | 16,264 | 44,785 | 61,049 | 47,937 | ||||||
| Allocation of endowment spending from financial capital | 46,310 | 18,414 | 64,724 | 123,324 | 188,048 | 165,456 | ||||||
| Other investment income | 8,153 | 6,513 | 14,666 | - | 14,666 | 17,559 | ||||||
| Auxiliary services income | 52,262 | 24,798 | 77,060 | - | 77,060 | 74,172 | ||||||
| Other income and transfers | 40,964 | 27,221 | 68,185 | - | 68,185 | 59,450 | ||||||
| Total revenues and gains | 366,651 | 457,681 | 824,332 | 168,109 | 992,441 | 942,714 | ||||||
| Net assets released from restrictions and designations | 87,799 | 67,182 | 154,981 | (154,981) | - | - | ||||||
| Total revenues and reclassifications | 454,450 | 524,863 | 979,313 | 13,128 | 992,441 | 942,714 | ||||||
| Operating expenses and other decreases: | ||||||||||||
| Salaries and wages | 259,291 | 227,800 | 487,091 | - | 487,091 | 466,828 | ||||||
| Employee benefits | 58,215 | 67,596 | 125,811 | - | 125,811 | 120,627 | ||||||
| Books, goods and services | 39,341 | 130,665 | 170,006 | - | 170,006 | 157,170 | ||||||
| Utilities | 27,419 | 1,014 | 28,433 | - | 28,433 | 27,709 | ||||||
| Graduate student stipends and postdoctoral fellowships | 5,255 | 22,352 | 27,607 | - | 27,607 | 25,643 | ||||||
| Other operating expenditures | 22,359 | 47,496 | 69,855 | - | 69,855 | 64,832 | ||||||
| Interest on indebtedness | 24,534 | 455 | 24,989 | - | 24,989 | 19,969 | ||||||
| Depreciation expense | 21,833 | 39,590 | 61,423 | - | 61,423 | 56,929 | ||||||
| Total operating expenses | 458,247 | 536,968 | 995,215 | - | 995,215 | 939,707 | ||||||
| Increase (decrease) in net assets from operating activities | $ (3,797) | $ (12,105) | $ (15,902) | $ 13,128 | $ (2,774) | $ 3,007 | ||||||
| The accompanying notes are an integral part of the financial statements. | ||||||||||||