1998 Financial Statements - Statement of Changes in Fund Equities, Loan, Endowment & Similar and Annuity and Life Income Funds THE OHIO STATE UNIVERSITY
STATEMENT OF CHANGES IN FUND EQUITIES

Year ended June 30, 1998


     

Loan
Funds

Endowment
and Similar
Funds

Annuity and
Life Income
Funds
REVENUES AND OTHER ADDITIONS
Unrestricted current funds revenues $- $-$-
State appropriations - --
Federal appropriations - --
Local appropriations - --
Federal grants and contracts 137,202 --
State grants and contracts - --
Local grants and contracts - --
Private grants and contracts7,99934,510,63150,000
Endowment income172,540 --
Investment income215,356201,375-
Interest and penalties on loans receivable 2,468,535 --
Expended for plant facilities (including $55,043,718 charged to current funds expenditures) - --
Retirement of indebtedness - --
Net appreciation/(depreciation) of market value of investments-

133,889,427

494,944

TOTAL REVENUES AND OTHER ADDITIONS3,001,632168,601,433 544,944

EXPENDITURES AND OTHER DEDUCTIONS
Educational and general expenditures-- -
Auxiliary enterprises expenditures-- -
Hospitals expenditures-- -
Indirect costs recovered-- -
Refunded to grantors-- -
Loan cancellations and write-offs349,973- -
Administrative and collection costs739,519- -
Provision for uncollectible loans230,000- -
Annuities paid-- 436,916
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 1,319,492

-

436,916


TRANSFERS AMONG FUNDS - ADDITIONS/(DEDUCTIONS)
Mandatory:
Principal and interest
---
Matching grants
16,289--
Non-mandatory:
Support to auxiliary enterprises
---
Debt services
---
Capital improvements
-(82,000)-
Endowment principal
-8,907,828-
Interfund
-

(15,441,585)

-

TOTAL TRANSFERS16,289

(6,615,757)

-

NET INCREASE/ (DECREASE) FOR THE YEAR1,698,429

161,985,676

108,028

FUND EQUITY, BEGINNING OF YEAR 62,893,999

749,708,224

5,465,367

FUND EQUITY, END OF YEAR $64,592,428$911,693,900 $5,573,395











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