Kentucky State University Statement of Net Position Unaudited November 2013 and Audited June 2013 In dollars

Unaudited November 2013Audited June 2013
ASSETS
Current assets:
Cash and cash equivalents$27,160,940$21,107,984
Accounts, grants, and loans receivable, net11,591,35510,875,339
Investments00
Inventory and other current assets690,160538,521
Total current assets39,442,45532,521,844
Noncurrent assets:
Accounts, grants, and loans receivable, net342,762443,881
Investments14,461,90613,501,397
Capital assets, net81,972,41183,185,618
Total noncurrent assets96,777,08097,130,896
Total assets136,219,535129,652,740
LIABILITIES
Current liabilities:
Accounts payable and accrued liabilities3,012,2703,291,014
Accrued compensated absences1,633,5511,633,551
Deferred revenue1,272,6501,280,078
Deposits158,477160,856
Other current liabilities403,18063,283
Bonds and capital lease obligations, net517,217875,082
Total current liabilities6,997,3457,303,864
Noncurrent liabilities
Bonds and capital lease obligations7,050,3717,300,902
Other long term liabilities834,914991,709
Total noncurrent liabilities7,885,2858,292,611
Total liabilities14,882,63015,596,475
NET ASSETS
Invested in capital assets, net of related debt75,663,02675,009,634
Restricted
Nonexpendable10,512,1688,657,506
Expendable4,395,4125,905,037
Unrestricted30,766,30024,484,088
Total Net Assets$121,336,905$114,056,265