USD President's Report 2003

Statement of activities by combined net asset categories for the fi scal year ending June 30.

2002-2003

2001- 2002

REVENUES, GAINS AND OTHER SUPPORT Tuition and fees Federal grants and contracts Contributions Investment income, net Sales and services of auxiliary enterprises Athletics, recreation and other Total Revenues, Gains and Other Support

Sl 66,700,000 8,800,000 27 ,800,000 5,200,000 31,500,000 2,200,000 S242,200,000

$152,000,000 9,700,000 10,000,000 (8,200,000) 27,700,000 2,200,000 Sl93,400,000

FUNCTIONAL EXPENSES Educational and program expenses Auxiliary enterprise expenditures Management and general expenses Total Functional Expenses

S149,500,000 30,300,000 35,000,000 $214,800,000

S135,700,000 26,900,000 32,200,000 Sl 94,800,000

INCREASE IN COMBINED NET ASSETS Unrestricted net assets Temporarily restricted net assets Permanently restricted net assets Total Increase in Combined Net Assets

6,700,000 9,800,000 10,900,000 S27,400,000

$17,200,000 (19,500,000) 900,000 S(l ,400,000)

REVENUES, GAINS AND OTHER SUPPORT

2002-2003

2001 - 2002

a. 79% b. 5% C. 5% d. (4%)" e. 14%

a. Tuition and Fees

69%

f

f

C

C

b. Grants and Contracts

4%

d

C

11 %

c. Contributions

C

b

d. Investment Income

2%

b

e. Sales and Services of Auxiliary Enterprises

13%

a

a

f. 1%

f. Athletics, R ecreation and O ther

1%

"Market flu ctuations ca used net investment losses to equa.l (4%) of Total Revenues, Gains and O th er Support.

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