1998 Financial Statements - Balance Sheet, Loan and Endowment & Annuity Funds THE OHIO STATE UNIVERSITY
BALANCE SHEET

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


     


     
LOAN

  
ENDOWMENT & ANNUITY

     
1998

1997

  
1998

1997

ASSETS
Cash and cash equivalents $5,774$4,382
  
$9,654$7,253
Accounts receivable, net - -
  
- -
State and federal receivables --
  
- -
Notes receivables, net 53,70353,960
  
- -
Accrued interest receivable 5,0784,571
  
- -
Inventories and prepaid expenses - -
  
- -
Investments--
  
936,266 774,458
Investment in plant --
  
--
Interfund accounts37

(19)

  
(4,037)

(4,044)

TOTAL ASSETS $64,592

$62,894

  
$941,883

$777,667




LIABILITIES AND FUND EQUITIES
Liabilities:
Accounts payable and accrued liabilities $- $-
  
$23,305 $21,193
Deposits and deferred credits --
  
1,311 1,300
Bonds, notes and lease obligations payable -

-

  
-

-

Total liabilities -

-

  
24,616

22,493

Fund equities:
Unrestricted2,0741,825
  
26,662 24,028
Restricted 8,3388,021
  
890,605731,146
US Government grants 54,18053,048
  
--
Net investment in plant-

-

  
-

-

Total fund equities 64,592

62,894

  
917,267

755,174

TOTAL LIABILITIES AND FUND EQUITIES $64,592$62,894
  
$941,883 $777,667


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


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