Kentucky State University Statement of Cash Flows Periods Ending February 29, 2016 and February 28, 2015 (Unaudited)

February 2016February 2015
Cash flows from operating activities
Tuition and fees8,910,30210,435,394
Grants and contracts2,245,89314,614,159
Payments to suppliers(13,309,933)(11,663,094)
Payments to employees(21,475,326)(23,101,096)
Student financial aid(5,341,788)(6,844,610)
Loans issued to students(151,038)(432,795)
Collection of loans issued to students96,107144,583
Auxiliary enterprises
Residence halls and dining3,631,8674,642,231
Bookstore-4,990
Other auxiliaries18,25917,685
Other receipts806,1131,783,673
Net cash from operating activities(24,569,545)(10,398,878)
Cash flows from noncapital financing
State appropriations18,743,70018,743,680
Federal grants and contracts4,173,4734,977,118
Gifts for other than capital purposes1402,039
Student organization agency receipts93,39889,688
Student organization agency disbursements(91,918)(92,604)
Other receipts (payments)--
Net cash from noncapital financing activities22,918,79423,719,921
Cash flows from capital financing activities
Capital appropriations--
Purchases of capital assets(813,836)(484,425)
Proceeds from capital debt--
Principal paid on capital debt(289,058)(380,329)
Interest paid on capital debt(129,272)(234,184)
Net cash flows from capital financing(1,232,166)(1,098,938)
Cash flows from investing activities
Interest received on investments60,4551,431,817
Investment expenses--
Proceeds from sale of investments5,076,5753,337,942
Purchases of investments(5,137,029)(4,769,759)
Other Investments--
Net cash flows from investing activities-0
Net increase (decrease) in cash and cash(2,882,917)12,222,106
Cash and cash equivalents at beginning of year23,021,76719,575,963
Cash and cash equivalents at end of year20,138,85031,798,069