1998 Financial Statements - Balance Sheet, Current Funds THE OHIO STATE UNIVERSITY
BALANCE SHEET

June 30, 1998 with Comparative Financial Information for 1997
(in thousands)


     
CURRENT

     
UNRESTRICTED

  
RESTRICTED

     
1998

1997

  
1998

1997

ASSETS
Cash and cash equivalents $31,191$13,215
  
$3,601$4,910
Accounts receivable, net 138,558 129,561
  
50,747 44,982
State and federal receivables --
  
7,838 6,596
Notes receivables, net --
  
- -
Accrued interest receivable 5,3255,845
  
3,037 3,343
Inventories and prepaid expenses 43,696 34,341
  
699 660
Investments486,053492,444
  
18,522 16,471
Investment in plant --
  
--
Interfund accounts(158,138)

(199,571)

  
74,623

64,418

TOTAL ASSETS $546,685

$475,835

  
$159,067

$141,380




LIABILITIES AND FUND EQUITIES
Liabilities:
Accounts payable and accrued liabilities $196,597 $195,019
  
$35,955 $27,178
Deposits and deferred credits 69,77469,744
  
16,943 15,681
Bonds, notes and lease obligations payable -

-

  
-

-

Total liabilities 266,371

264,763

  
52,898

42,859

Fund equities:
Unrestricted280,314211,072
  
- -
Restricted --
  
106,16998,521
US Government grants --
  
--
Net investment in plant-

-

  
-

-

Total fund equities 280,314

211,072

  
106,169

98,521

TOTAL LIABILITIES AND FUND EQUITIES $546,685$475,835
  
$159,067 $141,380


The accompanying notes are an integral part of these financial statements.


Copyright © 1998 by OSU Office of the Controller, Division of Accounting.