Kentucky State University
Statement of Revenues, Expenses and Changes in Net Assets (By Function)
Period Ending June 30, 2012
(Unaudited)
| NONOPERATING REVENUES (EXPENSES) | |
|---|
| State appropriations | 25,555,415 |
|---|
| Federal Grants and Contracts | 7,654,779 |
|---|
| Gifts | 250,118 |
|---|
| Investment income (net of investment expense) | 676,399 |
|---|
| Interest on capital asset-related debt | (379,855) |
|---|
| Other nonoperating revenues (expenses) | 691,303 |
|---|
| Net nonoperating revenues | 34,448,159 |
|---|
| Income (loss) before other revenues, expenses, gains or losses | (2,578,697) |
|---|
| Endowment Gifts | 106,552 |
|---|
| Capital appropriations | - |
|---|
| Increase (decrease) in net assets | (2,472,145) |
|---|
| Net assets, beginning of year | 115,979,215 |
|---|
| Beginning balance adjustments | - |
|---|
| Net assets, end of year | 113,507,070 |
|---|