Kentucky State University Statement of Net Position February 29, 2016 Unaudited

February 2016February 2015
ASSETS
Current assets:
Cash and cash equivalents20,138,85031,798,069
Accounts, grants and loans receivable, net11,849,9495,907,554
Investments--
Inventory and other current assets141,272156,559
Total current assets32,130,07237,862,182
Noncurrent assets:
Accounts, grants and loans receivable, net564,804529,241
Investments18,802,60015,332,265
Capital assets, net75,007,63278,176,371
Total noncurrent assets94,375,03594,037,878
DEFERRED OUTFLOWS OF RESOURCES
Deferred outflows - KERS1,953,418-
Deferred outflows - KTRS2,436,799-
Total deferred outflows4,390,216-
Total assets and deferred outflows130,895,323131,900,060
LIABILITIES
Current liabilities:
Accounts payable and accrued liabilities2,406,7794,620,247
Accrued compensated absences1,849,7101,870,878
Unearned revenue950,8521,045,468
Deposits168,923166,305
Other current liabilities501,839(45,698)
Bonds and capital lease obligations, current489,856440,973
Total Current liabilities6,367,9608,098,173
Noncurrent liabilities:
Net Pension Liability93,542,214-
Bonds and capital lease obligations5,866,2956,580,805
Other long term liabilities(185,717)534,964
Total Noncurrent liabilities99,222,7927,115,769