As of June 30, 2000 With Comparative Figures for 1999 (in thousands)
ASSETS
|
Assets |
Current Funds | Loan Funds |
Endowment and Similar Funds (Note 1) |
Plant Funds | Agency Funds | Total 2000 | Total 1999* |
|
Cash (Note 2) |
$116,094 |
$2,705 |
$-- |
$49,343 |
$1,200 |
$169,342 |
$152,551 |
|
Accounts Receivable |
100,374 |
-- |
-- |
-- |
-- |
100,374 |
94,157 |
|
Appropriations Receivable |
-- |
-- |
-- |
46,148 |
-- |
46,148 |
46,430 |
|
Interest Receivable |
6,378 |
-- |
-- |
-- |
-- |
6,378 |
6,261 |
|
Notes Receivable |
-- |
25,887 |
-- |
-- |
-- |
25,887 |
31,902 |
|
Advances to Foundations (Note 3c) |
-- |
-- |
36,578 |
-- |
-- |
36,578 |
36,351 |
|
Investments (Note 2) |
212,047 |
-- |
1,774,186 |
200,375 |
-- |
2,186,608 |
1,655,636 |
|
Inventories |
11,950 |
-- |
-- |
-- |
-- |
11,950 |
11,304 |
|
Prepaid Expenses |
5,081 |
-- |
-- |
-- |
-- |
5,081 |
5,429 |
|
Investment in Plant |
-- |
-- |
-- |
1,743,162 |
-- |
1,743,162 |
1,608,616 |
| Goodwill |
1,741
|
--
|
--
|
--
|
--
|
1,741
|
--
|
|
Due from Other Funds (Note 3f) |
19,742 |
-- |
3,713 |
525 |
45,854 |
69,834 |
45,992 |
|
Total Assets |
473,407 |
28,592 |
1,814,293 |
2,039,553 |
47,054 |
4,403,083 |
3,694,629 |
LIABILITIES AND FUND BALANCES
|
Liabilities |
Current Funds | Loan Funds |
Endowment and Similar Funds (Note 1) |
Plant Funds | Agency Funds | Total 2000 | Total 1999* |
|
Accounts Payable and Accrued Expenses |
$89,810 |
$20 |
$273 |
$14,426 |
$-- |
$104,529 |
$90,760 |
|
Collateral Held for Security Lending (Note 2) |
3,642 |
-- |
|
-- |
-- |
3,642 |
3,082 |
|
Grant and Contract Prepayments |
35,321 |
-- |
-- |
-- |
-- |
35,321 |
28,720 |
|
Advance from Treasurer of Virginia |
261 |
-- |
-- |
-- |
-- |
261 |
553 |
|
Deposits and Deferred Revenues |
24,191 |
-- |
-- |
-- |
-- |
24,191 |
21,424 |
|
Investments and Deposits Held for Others |
-- |
-- |
-- |
-- |
36,198 |
36,198 |
35,370 |
|
Accrued Compensated Absences |
28,667 |
-- |
-- |
-- |
-- |
28,667 |
26,311 |
|
Long-Term Debt |
-- |
-- |
-- |
324,109 |
-- |
324,109 |
304,687 |
|
Due to Other Funds |
4,713 |
-- |
45,379 |
8,886 |
10,856 |
69,834 |
45,992 |
|
Total Liabilities |
186,605 |
20 |
45,652 |
347,421 |
47,054 |
626,752 |
556,899 |
|
Fund Balances |
Current Funds | Loan Funds |
Endowment and Similar Funds (Note 1) |
Plant Funds | Agency Funds | Total 2000 | Total 1999* |
|
Current Funds--Unrestricted |
$155,695 |
$-- |
$-- |
$-- |
$-- |
$155,695 |
$128,167 |
|
Current Funds--Restricted |
131,107 |
-- |
-- |
-- |
-- |
131,107 |
118,348 |
|
Loan Funds, U.S. Government Grants |
-- |
15,359 |
-- |
-- |
-- |
15,359 |
15,086 |
|
Loan Funds, University |
-- |
13,213 |
-- |
-- |
-- |
13,213 |
11,441 |
|
Life Income Funds |
-- |
-- |
31,999 |
-- |
-- |
31,999 |
30,035 |
|
Quasi-Endowment Funds--Unrestricted |
-- |
-- |
528,016 |
-- |
-- |
528,016 |
382,816 |
|
Quasi-Endowment Funds--Restricted |
-- |
-- |
424,473 |
-- |
-- |
424,473 |
318,971 |
|
Endowment Funds |
-- |
-- |
784,327 |
-- |
-- |
784,327 |
548,734 |
|
Term Endowment Funds |
-- |
-- |
10 |
-- |
-- |
10 |
7 |
|
Expendable Plant Funds--Unrestricted |
-- |
-- |
-- |
42,256 |
-- |
42,256 |
34,452 |
|
Expendable Plant Funds--Restricted |
-- |
-- |
-- |
200,067 |
-- |
200,06 |
189,728 |
|
Retirement of Debt Funds |
-- |
-- |
-- |
1,859 |
-- |
1,859 |
535 |
|
Net Investment in Plant |
-- |
-- |
-- |
1,447,950 |
-- |
1,447,950 |
1,359,410 |
|
Total Fund Balances |
286,802 |
28,572 |
1,768,825 |
1,692,132 |
-- |
3,776,331 |
3,137,730 |
|
Total Liabilities and Fund Balances |
$473,407 |
$28,592 |
$1,814,477 |
$2,039,553 |
$47,054 |
$4,403,083 |
$3,694,629 |
*Certain 1999 amounts have been restated to conform to 2000 classifications.
The accompanying Notes to Financial Statements are an integral part of this statement.