Kentucky State University Statement of Net Position August 31 2013 (Unaudited)

August 2013May 2013
ASSETS
Current assets:
Cash and cash equivalents25,614,95226,170,913
Accounts, grants and loans receivable, net21,098,81614,893,773
Investments--
Inventory and other current assets127,145118,975
Total current assets46,840,91341,183,660
Noncurrent assets:
Accounts, grants and loans receivable, net400,973458,019
Investments13,520,10613,803,652
Capital assets, net82,604,08682,592,744
Total noncurrent assets96,525,16596,854,415
Total assets143,366,077138,038,075
LIABILITIES
Current liabilities:
Accounts payable and accrued liabilities2,341,4641,120,648
Accrued compensated absences1,633,5511,950,795
Deferred revenue1,321,0291,329,936
Deposits181,178203,114
Other current liabilities391,94747,873
Bonds and capital lease obligations, current825,613801,227
Total Current liabilities6,694,7825,453,593
Noncurrent liabilities:
Bonds and capital lease obligations7,350,3717,277,520
Federal grants refundable991,709991,709
Total Noncurrent liabilities8,342,0808,269,229
Total LIABILITIES15,036,86213,722,822