Fall 2001 UD Facts and Figures: Change in Net Assets

CHANGE IN NET ASSETS
FY 97 Through FY 01
(Thousands of Dollars)

	FY 97 $	FY 98 $	FY 99 $	FY 00 $	FY 01 $
Net assets at beginning of year	970,215	1,095,018	1,217,221	1,316,163	1,404,086
Change in net assets:	12,204	13,143	12,989	26,400	22,525
Operating transfers Nonoperating activities:
Net realized and unrealized gains (losses)	90,265	80,692	33,804	33,120	(12,724)
Contributions for endowment and buildings	12,466	19,446	13,356	26,367	19,703
State capital appropriations	8,000	8,775	8,000	8,500	9,500
In-kind receipt of intangible assets	--	--	39,500	--	--
Amortization of intangible assets	--	--	--	(3,292)	(7,031)
Prior year restatement for deferred gift liabilities	--	--	(6,458)	--	--
Net endowment income and other	1,868	147	(2,249)	(3,172)	(1,573)
Total nonoperating activities	112,599	109,060	85,953	61,523	7,875
Net assets at end of year	1,095,018	1,217,221	1,316,163	1,404,086	1,434,486
Percent change from prior year	13%	11%	8%	7%	2%

Net assets:
Unrestricted	585,256	638,805	695,534	769,945	929,300
Temporarily restricted	23,728	26,872	30,083	32,562	48,227
Permanently restricted	486,034	551,544	590,546	601,579	456,959
Total net assets	1,095,018	1,217,221	1,316,163	1,404,086	1,434,486

Endowment funds included in net assets above:
Endowment, at market	662,810	739,562	777,353	819,984	826,506
Percent change from prior year	15%	12%	5%	5%	1%
Endowment spending payout	22,392	25,539	27,846	30,489	34,211
Percent change from prior year	7%	14%	9%	9%	12%

Source: Office of the Treasurer