Messenger - Vol. 1, No. 3, Page 5
Spring 1992
University of Delaware Annual Report
Balance Sheets
UNIVERSITY OF DELAWARE
Balance Sheets
June 30,1991 with Comparative Amounts for 1990
(Thousands of Dollars)
Assets 1991 1990
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Current funds:
Unrestricted and University allocated:
Cash $ 352 371
Investments 46,792 44,561
Accounts and investment income receivable 6,093 6,148
Inventories 4,275 3,849
Prepaid expenses 59 565
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57,571 55,494
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Restricted:
Cash 1 -
Investments 14,441 15,898
Investment income and grants receivable 5,395 5,433
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19,837 21,331
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Total current funds $ 77,408 76,825
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Loan funds:
Cash $ 55 70
Investments 3,222 5,052
Accrued interest receivable 17 22
Notes and accounts receivable, net 11,840 11,689
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Total loan funds $ 15,134 16,833
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Endowment and similar funds:
Temporary investments $ 1,222 1,057
Permanent investments 243,502 228,014
Investment income receivable 700 700
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Total endowment and similar funds $245,424 229,771
Plant funds:
Unexpended plant funds:
Investments $ 26,546 29,309
Government and other receivables 10,279 6,460
Accrued interest receivable 100 -
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36,925 35,769
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Renewal and replacement funds - investments 12,334 10,998
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Retirement of indebtedness funds Investments 442 894
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442 894
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Investment in plant:
Land and improvements 20,792 20,220
Buildings 264,588 258,307
Equipment and furnishings 174,038 163,807
Construction in progress 22,233 3,073
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481,651 445,407
Less accumulated depreciation (244,394) (217,713)
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237,257 227,694
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Total plant funds $286,958 275,355
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Liabilities and Fund Balances 1991 1990
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Current funds:
Unrestricted and University allocated:
Notes payable $ 505 614
Accounts payable and accrued expenses 28,556 23,380
Students' deposits 1,967 2,110
Deferred revenue 963 2,200
Fund balances - allocated 25,580 27,190
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57,571 55,494
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Restricted:
Accounts payable 843 566
Fund balances 18,994 20,765
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19,837 21,331
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Total current funds $ 77,408 76,825
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Loan funds:
Accrued interest payable $ 87 100
Mortgage program bonds payable 3,122 3,556
Principal of funds:
Government programs 9,626 9,227
University programs 2,299 3,950
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Total loan funds $ 15,134 16,833
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Endowment and similar funds:
Accounts payable to life annuitants - 9
Principal of funds:
Endowment funds, unrestricted as to income $ 6,471 6,256
Endowment funds, restricted as to income 36,450 32,165
Unrestricted funds functioning as endowment 190,840 181,638
Restricted funds functioning as endowment 9,733 7,988
Life income funds 1,930 1,715
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Total endowment and similar funds $245,424 229,771
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Plant funds:
Unexpended plant funds:
Accounts and notes payable $ 6,843 3,799
Bonds payable 4,524 14,900
Fund balances:
Restricted 15,115 10,417
Unrestricted 10,443 6,653
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36,925 35,769
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Renewal and replacement funds-fund
balances-unrestricted 12,334 10,998
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Retirement of indebtedness funds:
Accrued interest payable 442 452
Fund balances - unrestricted - 442
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442 894
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Investment in plant:
Notes payable 7,149 6,324
Bonds payable 33,605 24,172
Net investment in plant 196,503 197,198
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237,257 227,694
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Total plant funds $286,958 275,355
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