1998 Financial Statements - Balance Sheet (Liabilties and Fund Equities) by Funds THE OHIO STATE UNIVERSITY
BALANCE SHEET

June 30, 1998


LIABILITIES AND FUND EQUITIES
CURRENT FUNDS

Unrestricted:


Educational and general:
Accounts payable$37,909,436
Accrued liabilities84,341,029
Due to unrestricted auxiliary funds27,081,806
Due to unrestricted hospital funds55,267,112
Due to restricted funds70,631,911
Due to loan funds37,359
Due to plant unexpended funds12,729,874
Due to plant renewal and replacement funds44,438,247
Due to plant retirement of indebtedness funds27,922,600
Deposits2,669,382
Deferred credits45,730,577
Deposits held in custody for others811,335
Fund equities148,666,386

Total educational and general
$558,237,054



Auxiliary enterprises:
Accounts payable$2,180,138
Accrued liabilities4,596,516
Deposits1,152,606
Deferred credits19,410,093
Due to plant unexpended funds623,364
Due to plant renewals and replacements funds294,945
Due to plant retirement of indebtedness funds1,505,476
Fund equities3,849,218

Total auxiliary enterprises
$33,612,356



Hospitals:
Accounts payable$21,762,177
Accrued liabilities45,808,013
Fund equities127,798,208

Total hospitals
$195,368,398

Total unrestricted
$787,217,808


Restricted:
Accounts payable$3,351,535
Accrued liabilities32,604,240
Advances - sponsored programs16,942,796
Due to unrestricted hospitals funds46,375
Fund equities106,168,721

Total restricted
$159,113,667

Total current funds
$946,331,475





LOAN FUNDS
Fund equities:
US Government loan fund grants:
-- Perkins loan
$34,579,767
-- Other federal
19,600,237
University funds:
-- Unrestricted
2,073,964
-- Restricted
8,338,460

Total loan funds
$64,592,428





ENDOWMENT AND SIMILAR FUNDS
Accrued liabilties$19,977,556
Due to restricted funds4,037,059
Deposits held in custody for others1,311,221
Fund equities:
-- Unrestricted quasi-endowment26,661,923
-- Restricted quasi-endowment66,229,945
-- Restricted endowment818,802,032

Total endowment and similar funds
$937,019,736





ANNUITY AND LIFE INCOME FUNDS
Accrued liabilities $3,327,308
Fund equities:
-- Restricted5,573,395

Total annuity and life income funds
$8,900,703





PLANT FUNDS
Unexpended:
Notes and lease obligations payable$889,055
Bonds payable17,386,463
Due to plant retirement of indebtedness funds1,338,206
Due to investment in plant funds775,010
Fund equities:
-- Unrestricted(5,940,375)

Total unexpended
$14,458,359

Renewals and replacements:
Accounts payable$2,397,419
Due to plant retirement of indebtedness funds1,134,067
Due to investment in plant funds7,361,402
Fund equities:
-- Unrestricted33,840,304

Total renewals and replacements
$44,733,192

Retirement of indebtedness:
Accrued interest$766,929
Fund equities:
-- Unrestricted32,473,580
-- Restricted10,499,716

Total retirement of indebtedness
$43,740,225

Investment in plant:
Accounts payable$8,136,412
Note and lease obligations payable18,267,648
Bonds payable196,153,537
Net investment in plant2,231,256,712

Total investment in plant
$2,453,814,309

Total plant funds
$2,556,746,085





AGENCY FUNDS
Accounts payable $239,637
Deposits held in custody for others2,045,046

Total agency funds
$2,284,683










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