1998 Financial Statements - Statement of Changes in Fund Equities, Unrestricted Current Funds THE OHIO STATE UNIVERSITY
STATEMENT OF CHANGES IN FUND EQUITIES

Year ended June 30, 1998


     
UNRESTRICTED CURRENT FUNDS

     
Educational
and General

Auxiliary
Enterprises


Hospitals
Total
Unrestricted

REVENUES AND OTHER ADDITIONS
Unrestricted current funds revenues $763,126,966 $123,155,956$457,217,155 $1,343,500,077
State appropriations - -- -
Federal appropriations - -- -
Local appropriations - -- -
Federal grants and contracts - -- -
State grants and contracts - -- -
Local grants and contracts - -- -
Private grants and contracts - -- -
Endowment income - -- -
Investment income - -- -
Interest and penalties on loans receivable - -- -
Expended for plant facilities (including $55,043,718 charged to current funds expenditures) - -- -
Retirement of indebtedness - -- -
Net appreciation/(depreciation) of market value of investments-

-

-

-

TOTAL REVENUES AND OTHER ADDITIONS763,126,966123,155,956 457,217,155 1,343,500,077

EXPENDITURES AND OTHER DEDUCTIONS
Educational and general expenditures703,348,190- - 703,348,190
Auxiliary enterprises expenditures-106,131,107 - 106,131,107
Hospitals expenditures-- 419,201,720 419,201,720
Indirect costs recovered-- - -
Refunded to grantors-- - -
Loan cancellations and write-offs-- - -
Administrative and collection costs-- - -
Provision for uncollectible loans-- - -
Annuities paid-- - -
Expended for plant facilities (including non-capitalized expenditures of $17,493,577)-- - -
Bond administrative expenditures-- - -
Retirement of indebtedness-- - -
Interest on indebtedness (including capitalized interest of $3,086,769)-- - -
Disposal and write-offs of plant facilities-

-

-



TOTAL EXPENDITURES AND OTHER DEDUCTIONS 703,348,190

106,131,107

419,201,720

1,228,681,017


TRANSFERS AMONG FUNDS - ADDITIONS/(DEDUCTIONS)
Mandatory:
Principal and interest
(15,125,668)(4,830,951)(5,322,185) (25,278,804)
Matching grants
(16,289)-- (16,289)
Non-mandatory:
Support to auxiliary enterprises
(1,629,412)1,629,412- -
Debt services
-(206,582)- (206,582)
Capital improvements
(5,228,264)(9,468,547)4,006,833 (10,689,978)
Endowment principal
(619,887)-(25,000)(644,887)
Interfund
9,732,146

(5,425,894)

(13,047,003)

(8,740,751)

TOTAL TRANSFERS(12,887,374)

(18,302,562)

(14,387,355)

(45,577,291)

NET INCREASE/ (DECREASE) FOR THE YEAR46,891,402

(1,277,713)

23,628,080

69,241,769

FUND EQUITY, BEGINNING OF YEAR 101,774,984

5,126,931

104,170,128

211,072,043

FUND EQUITY, END OF YEAR $148,666,386$3,849,218 $127,798,208 $280,313,812











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