As of June 30 1999 With Comparative Figures for 1998
(in thousands)
|
Assets |
Current Funds | Loan Funds | Endowment and Similar Funds (Note 1) | Plant Funds | Agency Funds | Total 1999 | Total 1998* |
|
Cash (Note 2) |
$106,747 |
$ 1,780 |
$ -- |
$ 42,421 |
$1,603 |
$152,551 |
$ 141,116 |
|
Equipment Trust Fund Cash |
-- |
-- |
-- |
-- |
-- |
-- |
185 |
|
Accounts Receivable (Note 3a) |
94,235 |
-- |
-- |
-- |
-- |
94,235 |
95,973 |
|
Appropriations Receivable |
-- |
-- |
-- |
46,430 |
-- |
46,430 |
4,254 |
|
Interest Receivable |
6,261 |
-- |
-- |
-- |
-- |
6,261 |
6,073 |
|
Notes Receivable (Note 3b) |
7,113 |
24,789 |
-- |
-- |
-- |
31,902 |
28,294 |
|
Advances to Foundations (Note 3c) |
-- |
-- |
36,351 |
-- |
-- |
36,351 |
52,096 |
|
Investments (Note 2) |
174,034 |
-- |
1,274,809 |
206,793 |
-- |
1,655,636 |
1,689,509 |
|
Inventories |
11,304 |
-- |
-- |
-- |
-- |
11,304 |
12,050 |
|
Prepaid Expenses |
5,429 |
-- |
-- |
|
-- |
5,429 |
3,735 |
|
Investment in Plant (Note 3d) |
-- |
-- |
-- |
1,608,616 |
-- |
1,608,616 |
1,515,305 |
|
Due from Other Funds (Note 3f) |
8,694 |
-- |
3,133 |
398 |
33,767 |
45,992 |
49,089 |
|
Total Assets |
$ 413,817 |
$ 26,569 |
$ 1,314,293 |
$ 1,904,658 |
$ 35,370 |
$ 3,694,707 |
$ 3,597,679 |
Liabilities and Fund Balances
|
Liabilities |
Current Funds | Loan Funds | Endowment and Similar Funds (Note 1) | Plant Funds | Agency Funds | Total 1999 | Total 1998* |
|
Accounts Payable and Accrued Expenses |
$ 83,565 |
$ 6 |
-- |
$ 7,152 |
$ &endash;- |
$ 90,723 |
$ 84,726 |
|
Collateral Held for Security Lending (Note 2) |
3,082 |
-- |
|
-- |
-- |
3,082 |
319,233 |
|
Grant and Contract Prepayments |
28,720 |
-- |
-- |
-- |
-- |
28,720 |
25,629 |
|
Advance from Treasurer of Virginia |
553 |
-- |
-- |
-- |
-- |
553 |
510 |
|
Deposits and Deferred Revenues |
21,424 |
-- |
-- |
-- |
-- |
21,424 |
12,635 |
|
Investments and Deposits Held for Others |
-- |
-- |
-- |
-- |
35,370 |
35,370 |
33,410 |
|
Accrued Compensated Absences |
26,311 |
-- |
-- |
-- |
-- |
26,311 |
26,176 |
|
Long-Term Debt (Note 4) |
-- |
-- |
-- |
304,687 |
-- |
304,687 |
242,497 |
|
Due to Other Funds (Note 3f) |
3,568 |
-- |
33,730 |
8,694 |
-- |
45,992 |
49,089 |
|
Total Liabilities |
167,223 |
6 |
33,730 |
320,533 |
35,370 |
556,862 |
793,905 |
|
Fund Balances |
Current Funds | Loan Funds | Endowment and Similar Funds (Note 1) | Plant Funds | Agency Funds | Total 1999 | Total 1998* |
|
Current Funds&emdash;Unrestricted |
128,246 |
-- |
-- |
-- |
-- |
128,246 |
134,601 |
|
Current Funds&emdash;Restricted |
118,348 |
-- |
-- |
-- |
-- |
118,348 |
102,005 |
|
Loan Funds U. S. Government Grants |
-- |
15,086 |
-- |
-- |
-- |
15,086 |
15,180 |
|
Loan Funds University |
-- |
11,477 |
-- |
-- |
-- |
11,477 |
10,482 |
|
Life Income Funds |
-- |
-- |
30,035 |
-- |
-- |
30,035 |
23,734 |
|
Quasi-Endowment Funds&emdash;Unrestricted |
-- |
-- |
382,816 |
-- |
-- |
382,816 |
344,868 |
|
Quasi-Endowment Funds&emdash;Restricted |
-- |
-- |
318,971 |
-- |
-- |
318,971 |
258,556 |
|
Endowment Funds |
-- |
-- |
548,734 |
-- |
-- |
548,734 |
483,164 |
|
Term Endowment Funds |
-- |
-- |
7 |
-- |
-- |
7 |
6 |
|
Expendable Plant Funds&emdash;Unrestricted |
-- |
-- |
-- |
34,452 |
-- |
34,452 |
26,934 |
|
Expendable Plant Funds&emdash;Restricted |
-- |
-- |
-- |
189,728 |
-- |
189,728 |
126,235 |
|
Retirement of Debt Funds |
-- |
-- |
-- |
535 |
-- |
535 |
416 |
|
Net Investment in Plant |
-- |
-- |
-- |
1,359,410 |
-- |
1,359,410 |
1,277,593 |
|
Total Fund Balances |
$ 246,594 |
$ 26,563 |
$1,280,563 |
$ 1,584,125 |
$ -- |
$ 3,137,845 |
$ 2,803,774 |
|
Total Liabilities and Fund Balances |
$ 413,817 |
$ 26,569 |
$ 1,314,293 |
$ 1,904,658 |
$ 35,370 |
$ 3,694,707 |
$ 3,597,679 |
*Certain 1998 amounts have been restated to conform to 1999 classifications.
The accompanying Notes to Financial Statements are an integral part of this statement.