As of June 30, 1997
With Comparative Figures for 1996
(in thousands)
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|
|
Current Funds |
Loan Funds |
Endowment and Similar Funds (Note 1) |
Plant Funds |
Agency Funds |
Total 1997 |
Total 1996* |
|---|---|---|---|---|---|---|---|
|
Assets |
|||||||
|
Cash (Note 2) |
$ 110,798 |
$ 1,444 |
$ -- |
$ 32,603 |
$ 2,660 |
$ 147,505 |
$ 119,648 |
|
Equipment Trust Fund Cash |
-- |
-- |
-- |
12 |
-- |
12 |
80 |
|
Accounts Receivable (Note 3a) |
97,082 |
-- |
-- |
-- |
-- |
97,082 |
82,408 |
|
Appropriations Receivable |
-- |
-- |
-- |
4,874 |
1,420 |
6,294 |
4,370 |
|
Interest Receivable |
5,197 |
-- |
-- |
-- |
-- |
5,197 |
4,985 |
|
Notes Receivable (Note 3b) |
-- |
23,556 |
-- |
-- |
-- |
23,556 |
22,493 |
|
Advances to Foundations (Note 3c) |
500 |
-- |
37,389 |
6,500 |
-- |
44,389 |
49,384 |
|
Investments (Note 2) |
159,477 |
-- |
1,195,146 |
110,015 |
-- |
1,464,638 |
1,180,912 |
|
Inventories |
11,114 |
-- |
-- |
-- |
-- |
11,114 |
9,746 |
|
Prepaid Expenses |
4,522 |
-- |
-- |
-- |
-- |
4,522 |
4,994 |
|
Investment in Plant (Note 3d) |
-- |
-- |
-- |
1,452,187 |
-- |
1,452,187 |
1,374,009 |
|
Due from Other Funds (Note 3f) |
12,180 |
-- |
3,034 |
460 |
23,396 |
39,070 |
70,887 |
|
Total Assets |
$ 400,870 |
$ 25,000 |
$ 1,235,569 |
$ 1,606,651 |
$ 27,476 |
$ 3,295,566 |
$ 2,923,916 |
|
Liabilities and Fund Balances |
|||||||
|
Accounts Payable and Accrued Expenses |
$ 85,464 |
$ 5 |
$ -- |
$ 4,564 |
$ -- |
$ 90,033 |
$ 48,368 |
|
Collateral Held for Security Lending (Note 2) |
29,530 |
-- |
236,451 |
-- |
-- |
265,981 |
104,073 |
|
Grant and Contract Prepayments |
18,725 |
-- |
-- |
-- |
-- |
18,725 |
18,007 |
|
Advance from Treasurer of Virginia |
509 |
-- |
-- |
-- |
-- |
509 |
509 |
|
Deposits and Deferred Revenues |
9,745 |
-- |
-- |
209 |
-- |
9,954 |
15,076 |
|
Investments and Deposits Held for Others |
-- |
-- |
-- |
-- |
27,476 |
27,476 |
53,874 |
|
Accrued Compensated Absences |
24,001 |
-- |
-- |
-- |
-- |
24,001 |
23,952 |
|
Long-Term Debt (Note 4) |
-- |
-- |
-- |
246,721 |
-- |
246,721 |
253,760 |
|
Due to Other Funds (Note 3f) |
3,814 |
-- |
23,076 |
12,180 |
-- |
39,070 |
70,887 |
|
Total Liabilities |
171,788 |
5 |
259,527 |
263,674 |
27,476 |
722,470 |
588,506 |
|
Fund Balances |
|||||||
|
Current Funds--Unrestricted |
133,673 |
-- |
-- |
-- |
-- |
133,673 |
151,215 |
|
Current Funds--Restricted |
95,409 |
-- |
-- |
-- |
-- |
95,409 |
87,902 |
|
Loan Funds, U. S. Government Grants |
-- |
14,916 |
-- |
-- |
-- |
14,916 |
14,995 |
|
Loan Funds, University |
-- |
10,079 |
-- |
-- |
-- |
10,079 |
9,181 |
|
Life Income Funds |
-- |
-- |
14,438 |
-- |
-- |
14,438 |
8,109 |
|
Quasi-Endowment Funds--Unrestricted |
-- |
-- |
303,198 |
-- |
-- |
303,198 |
256,840 |
|
Quasi-Endowment Funds--Restricted |
-- |
-- |
231,063 |
-- |
-- |
231,063 |
198,684 |
|
Endowment Funds |
-- |
-- |
427,337 |
-- |
-- |
427,337 |
367,815 |
|
Term Endowment Funds |
-- |
-- |
6 |
-- |
-- |
6 |
5 |
|
Expendable Plant Funds--Unrestricted |
-- |
-- |
-- |
26,507 |
-- |
26,507 |
19,851 |
|
Expendable Plant Funds--Restricted |
-- |
-- |
-- |
108,649 |
-- |
108,649 |
87,611 |
|
Retirement of Debt Funds |
-- |
-- |
-- |
-- |
1,015 |
-- |
1,015 254 |
|
Net Investment in Plant |
-- |
-- |
-- |
1,206,806 |
-- |
1,206,806 |
1,132,948 |
|
Total Fund Balances |
229,082 |
24,995 |
976,042 |
1,342,977 |
-- |
2,573,096 |
2,335,410 |
|
Total Liabilities and Fund Balances |
$ 400,870 |
$ 25,000 |
$ 1,235,569 |
$ 1,606,651 |
$ 27,476 |
$ 3,295,566 |
$ 2,923,916 |
*Certain 1996 amounts have been restated to conform to 1997 classifications. The accompanying Notes to the Financial Statements are an integral part of this statement.