Kentucky State University Statement of Cash Flows Periods Ending September 30, 2014 and 2013 (Unaudited)
September 2014September 2013
Cash flows from operating activities
Tuition and fees4,036,4254,117,619
Grants and contracts4,151,6713,915,004
Payments to suppliers(3,986,044)(4,055,822)
Payments to employees(8,323,937)(8,566,482)
Student financial aid(3,503,365)(4,084,647)
Loans issued to students-11,746
Collection of loans issued to students-47,666
Auxiliary enterprises
Residence halls and dining2,528,8003,343,695
Bookstore4,99037,500
Other auxiliaries10,69822,404
Other receipts702,702773,927
Net cash from operating activities(4,378,060)(4,437,390)
Cash flows from noncapital financing activities
State appropriations7,028,8807,061,222
Federal grants and contracts2,598,2902,878,369
Gifts for other than capital purposes-90,602
Student organization agency receipts78,78476,698
Student organization agency disbursements(71,954)(70,044)
Other receipts (payments)-803
Net cash from noncapital financing activities9,634,03910,037,650
Cash flows from capital financing activities
Capital appropriations--
Purchases of capital assets(165,336)(238,381)
Proceeds from capital debt--
Principal paid on capital debt(101,204)-
Interest paid on capital debt(51,329)(142,215)
Net cash flows from capital financing activities(317,870)(380,596)
Cash flows from investing activities
Interest received on investments1,101,48947,557
Investment expenses-(16,106)
Proceeds from sale of investments2,183,637847,195
Purchases of investments(3,285,126)(874,537)
Other Investments-(38,652)
Net cash flows from investing activities-(34,544)
Net increase (decrease) in cash and cash equivalents4,938,1095,185,121
Cash and cash equivalents at beginning of year19,575,96321,107,984
Cash and cash equivalents at end of year24,514,07226,293,105
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