Office of Institutional Research and PlanningFacts and Figures
Table of Contents
Table of Contents
CHANGE IN NET ASSETS
FY 02 Through FY 06
(Thousands of Dollars)
| FY 02 $ |
FY 03 $ |
FY 04 $ |
FY 05 $ |
FY 06 $ |
|
| Net assets at beginning of year | 1,434,486 | 1,370,892 | 1,399,382 | 1,559,706 | 1,665,416 |
| Change in net assets: | |||||
Operating transfers |
15,987 | 16,778 | 16,300 | 6,338 | 13,507 |
| Nonoperating activities: | |||||
| Net realized and unrealized gains (losses) | (64,194) | 6,756 | 132,319 | 84,847 | 130,388 |
| Contributions for endowment and buildings | 15,910 | 14,887 | 26,599 | 23,384 | 28,606 |
| State capital appropriations | 7,325 | 5,000 | 5,000 | 8,500 | 7,000 |
| Amortization of intangible assets | (3,290) | -- | -- | -- | -- |
| Intangible assets impairment charge | (25,886) | -- | -- | -- | -- |
| Cumulative effect of change in accounting principle | -- | -- | -- | -- | (4,440) |
| Net endowment income and other | (9,446) | (14,931) | (19,894) | (17,359) | (10,298) |
| Total nonoperating activities | (79,581) | 11,712 | 144,024 | 99,372 | 151,256 |
| Net assets at end of year | 1,370,892 | 1,399,382 | 1,559,706 | 1,665,416 | 1,830,179 |
| Percent change from prior year | -4% | 2% | 11% | 7% | 10% |
| Net assets:* | |||||
| Unrestricted | 885,294 | 1,082,625 | 1,204,929 | 1,283,941 | 1,420,511 |
| Temporarily restricted | 48,522 | 79,240 | 101,478 | 116,527 | 122,034 |
| Permanently restricted | 437,076 | 237,517 | 253,299 | 264,948 | 287,634 |
| Total net assets | 1,370,892 | 1,399,382 | 1,559,706 | 1,665,416 | 1,830,179 |
| Endowment and funds invested as endowment: | |||||
| Market Value | 868,200 | 868,100 | 995,900 | 1,077,100 | 1,223,200 |
| Percent change from prior year | -6% | 0% | 15% | 8% | 14% |
*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: Associate Vice President for Financial Services and Associate Treasurer