Kentucky State University
Statement of Cash Flows
Period Ending June 30, 2012
(Unaudited)
| FY 2012 |
|---|
| Cash flows from operating activities | |
|---|
| Tuition and fees | 16,441,532 |
|---|
| Grants and contracts | 10,665,091 |
|---|
| Payments to suppliers | (32,017,323) |
|---|
| Payments to employees | (36,340,123) |
|---|
| Loans issued to students | (230,989) |
|---|
| Collection of loans issued to students | 199,825 |
|---|
| Auxiliary enterprises: | |
|---|
| Residence halls and dining | 6,562,763 |
|---|
| Bookstore | 125,000 |
|---|
| Other auxiliaries | 100,127 |
|---|
| Other receipts | 1,246,520 |
|---|
| Net cash from operating activities | (33,776,965) |
|---|
| Cash flows from noncapital financing activities | |
|---|
| State appropriations | 25,555,415 |
|---|
| Federal Grants and Contracts | 7,654,779 |
|---|
| Gifts for other than capital purposes | 356,670 |
|---|
| Student organization agency receipts | 191,360 |
|---|
| Student organization agency disbursements | (73,544) |
|---|
| Other receipts (payments) | 691,304 |
|---|
| Net cash from noncapital financing activities | 34,375,984 |
|---|
| Cash flows from capital financing activities | |
|---|
| Capital appropriations | - |
|---|
| Purchases of capital assets | (1,321,838) |
|---|
| Proceeds from capital debt | - |
|---|
| Principal paid on capital debt | (767,783) |
|---|
| Interest paid on capital debt | (379,855) |
|---|
| Net cash flows from capital financing activities | (2,469,476) |
|---|
| Cash flows from investing activities | |
|---|
| Interest received on investments | 227,955 |
|---|
| Investment expenses | (69,435) |
|---|
| Proceeds from sale of investments | (1,106,216) |
|---|
| Purchases of investments | 769,727 |
|---|
| Net cash flows from investing activities | (177,969) |
|---|
| Net increase (decrease) in cash and cash equivalents | (3,170,226) |
|---|
| Cash and cash equivalents at beginning of year | 29,623,196 |
|---|
| Cash and cash equivalents at end of year | 27,649,764 |
|---|