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

Year ended June 30, 1998


     
PLANT FUNDS

     

Unexpended

Renewals and
Replacements

Retirement of
Indebtedness
Investment
in Plant

REVENUES AND OTHER ADDITIONS
Unrestricted current funds revenues $- $-$- $-
State appropriations 10,592,14755,619,079- -
Federal appropriations - -- -
Local appropriations - -- -
Federal grants and contracts -202,526- -
State grants and contracts - 26,985- -
Local grants and contracts - -- -
Private grants and contracts 3,840,7296,502,743- -
Endowment income - -- -
Investment income 1,770,234(208,021)1,928,240 -
Interest and penalties on loans receivable - -- -
Expended for plant facilities (including $55,043,718 charged to current funds expenditures) - -- 258,293,534
Retirement of indebtedness - --19,477,264
Net appreciation/(depreciation) of market value of investments-

-

(45,526)

-

TOTAL REVENUES AND OTHER ADDITIONS16,203,11062,143,312 1,882,714 277,770,798

EXPENDITURES AND OTHER DEDUCTIONS
Educational and general expenditures-- - -
Auxiliary enterprises expenditures-- - -
Hospitals expenditures-- --
Indirect costs recovered-- - -
Refunded to grantors25,202165,275 - -
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)28,534,455189,122,169 - -
Bond administrative expenditures-- 788,528-
Retirement of indebtedness-- 19,477,264-
Interest on indebtedness (including capitalized interest of $3,086,769)-- 9,283,815-
Disposal and write-offs of plant facilities-

-

-

53,719,504

TOTAL EXPENDITURES AND OTHER DEDUCTIONS 28,559,657

189,287,444

29,549,607

53,719,504


TRANSFERS AMONG FUNDS - ADDITIONS/(DEDUCTIONS)
Mandatory:
Principal and interest
(168,886)(97,796)31,589,234-
Matching grants
--- -
Non-mandatory:
Support to auxiliary enterprises
--- -
Debt services
--(79,107)-
Capital improvements
1,847,7307,967,354--
Endowment principal
----
Interfund
6,817,342

42,672,497

506,096

(49,995,935)

TOTAL TRANSFERS8,496,186

50,542,055

32,016,223

(49,995,935)

NET INCREASE/ (DECREASE) FOR THE YEAR(3,860,361)

(76,602,077)

4,349,330

174,055,359

FUND EQUITY, BEGINNING OF YEAR (2,080,014)

110,442,381

38,623,966

2,057,201,353

FUND EQUITY, END OF YEAR $(5,940,375)$33,840,304$42,973,296$2,231,256,712











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