Kentucky State University Statement of Cash Flows Periods Ending August 31, 2013 and August 31, 2012
(Unaudited)
YTD August 2013YTD August 2012
Cash flows from operating activities
Tuition and fees1,437,507(388,109)
Grants and contracts1,474,3345,612,800
Payments to suppliers(2,902,422)(8,396,366)
Payments to employees(5,410,385)(3,636,230)
Student financial aid(3,088,920)
Loans issued to students6,720(9,620)
Collection of loans issued to students36,18824,376
Auxiliary enterprises:
Residence halls and dining3,118,0032,957,760
Bookstore25,00025,000
Other auxiliaries46,8437,000
Other receipts496,106(174,123)
Net cash from operating activities(4,761,027)(3,977,513)
Cash flows from noncapital financing activities
State appropriations7,061,2227,061,222
Federal Grants and Contracts2,411,509-
Gifts for other than capital purposes35,9952,000
Student organization agency receipts90,36694,271
Student organization agency disbursements(70,044)(73,544)
Other receipts (payments)803541,662
Net cash from noncapital financing activities9,529,8517,625,611
Cash flows from capital financing activities
Capital appropriations--
Purchases of capital assets(156,892)(353,834)
Proceeds from capital debt--
Principal paid on capital debt--
Interest paid on capital debt(70,389)(132,390)
Net cash flows from capital financing activities(227,281)(486,224)
Cash flows from investing activities
Interest received on investments14,35015,075
Investment expenses(10,783)(4,440)
Proceeds from sale of investments318,686710,634
Purchases of investments(356,828)(588,840)
Net cash flows from investing activities(34,576)132,429