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PDF versionCHANGE IN NET ASSETS
FY 01 Through FY 05
(Thousands of Dollars)
| FY 01 $ |
FY 02 $ |
FY 03 $ |
FY 04 $ |
FY 05 $ |
|
| Net assets at beginning of year | 1,404,086 | 1,434,486 | 1,370,892 | 1,399,382 | 1,559,706 |
| Change in net assets: | |||||
Operating transfers |
22,525 | 15,987 | 16,778 | 16,300 | 6,338 |
| Nonoperating activities: | |||||
| Net realized and unrealized gains (losses) | (12,724) | (64,194) | 6,756 | 132,319 | 84,847 |
| Contributions for endowment and buildings | 19,703 | 15,910 | 14,887 | 26,599 | 23,384 |
| State capital appropriations | 9,500 | 7,325 | 5,000 | 5,000 | 8,500 |
| Amortization of intangible assets | (7,031) | (3,290) | -- | -- | -- |
| Intangible assets impairment charge | -- | (25,886) | -- | -- | -- |
| Net endowment income and other | (1,573) | (9,446) | (14,931) | (19,894) | (17,359) |
| Total nonoperating activities | 7,875 | (79,581) | 11,712 | 144,024 | 99,372 |
| Net assets at end of year | 1,434,486 | 1,370,892 | 1,399,382 | 1,559,706 | 1,665,416 |
| Percent change from prior year | 2% | -4% | 2% | 11% | 7% |
| Net assets:* | |||||
| Unrestricted | 929,300 | 885,294 | 1,082,625 | 1,204,929 | 1,283,941 |
| Temporarily restricted | 48,227 | 48,522 | 79,240 | 101,478 | 116,527 |
| Permanently restricted | 456,959 | 437,076 | 237,517 | 253,299 | 264,948 |
| Total net assets | 1,434,486 | 1,370,892 | 1,399,382 | 1,559,706 | 1,665,416 |
| Endowment and funds invested as endowment: | |||||
| Market Value | 928,400 | 868,200 | 868,100 | 995,900 | 1,077,100 |
| Percent change from prior year | 2% | -6% | 0% | 15% | 8% |
*The FY03 increase in Unrestricted and Temporarily
restricted, and decrease in Permanently restricted, reflects a change
in the method of accounting for its endowment.
Source: Office of Associate Treasurer - Financial Services
