CHANGE IN NET ASSETS
FY 06 Through FY 10
(Thousands of Dollars)
| FY 06 $ |
FY 07 $ |
FY 08 $ |
FY 09 $ |
FY 10 $ |
|
|---|---|---|---|---|---|
| Net assets at beginning of year | 1,665,416 | 1,830,179 | 2,000,209 | 1,934,074 | 1,614,737 |
| Change in net assets: | |||||
| Operating transfers | 13,507 | 14,414 | 18,797 | 27,601 | 41,565 |
| Nonoperating activities: | |||||
| Net realized and unrealized gains (losses) | 130,388 | 174,134 | (89,844) | (328,939) | 73,311 |
| Contributions for endowment and buildings | 28,606 | 14,434 | 8,985 | 8,308 | 22,107 |
| State capital appropriations | 7,000 | 4,600 | 3,500 | -- | 900 |
| Net change in asset retirement obligation liability | -- | (3,093) | (2,972) | (1,256) | 606 |
| Effect of change in adoption of SFAS No. 158 | -- | (30,398) | -- | -- | -- |
| Cumulative effect of change in accounting principle | (4,440) | -- | -- | -- | -- |
| Net endowment income and other | (10,298) | (4,061) | (4,601) | (25,051) | (33,586) |
| Total nonoperating activities | 151,256 | 155,616 | (84,932) | (346,938) | 63,338 |
| Net assets at end of year | 1,830,179 | 2,000,209 | 1,934,074 | 1,614,737 | 1,719,640 |
| Percent change from prior year | 10% | 9% | -3% | -17% | 6% |
| Net assets: | |||||
| Unrestricted | 1,420,511 | 1,541,474 | 1,031,166 | 910,676 | 958,025 |
| Temporarily restricted | 122,034 | 152,997 | 593,322 | 410,205 | 454,692 |
| Permanently restricted | 287,634 | 305,738 | 309,586 | 293,856 | 306,923 |
| Total net assets | 1,830,179 | 2,000,209 | 1,934,074 | 1,614,737 | 1,719,640 |
| Endowment and funds invested as endowment: | |||||
| Market value | 1,223,200 | 1,397,500 | 1,340,100 | 1,008,400 | 1,091,700 |
| Percent change from prior year | 14% | 14% | -4% | -25% | 8% |
Source: Assistant Vice President, University Finance
