Kentucky State University
Statement of Cash Flows
Period Ending December 31, 2010
(Unaudited)
| FY 2011 |
|---|
| Cash flows from operating activities | |
|---|
| Tuition and fees | 4,862,019 |
|---|
| Grants and contracts | 4,740,978 |
|---|
| Payments to suppliers | (16,936,668) |
|---|
| Payments to employees | (16,658,341) |
|---|
| Loans issued to students | (60,360) |
|---|
| Collection of loans issued to students | 55,613 |
|---|
| Auxiliary enterprises: | |
|---|
| Residence halls and dining | 6,677,802 |
|---|
| Bookstore | 75,000 |
|---|
| Other auxiliaries | 28,563 |
|---|
| Other receipts | 628,429 |
|---|
| Net cash from operating activities | (16,586,967) |
|---|
| Cash flows from noncapital financing activities | |
|---|
| State appropriations | 13,531,613 |
|---|
| Federal Grants and Contracts | 3,524,027 |
|---|
| Gifts for other than capital purposes | 967,599 |
|---|
| Student organization agency receipts | 129,258 |
|---|
| Student organization agency disbursements | (70,141) |
|---|
| Other receipts (payments) | (591,257) |
|---|
| Net cash from noncapital financing activities | 17,491,099 |
|---|
| Cash flows from capital financing activities | |
|---|
| Capital appropriations | - |
|---|
| Purchases of capital assets | (99,719) |
|---|
| Proceeds from capital debt | - |
|---|
| Principal paid on capital debt | (218,918) |
|---|
| Interest paid on capital debt | (57,311) |
|---|
| Net cash flows from capital financing activities | (375,948) |
|---|
| Cash flows from investing activities | |
|---|
| Interest received on investments | 102,553 |
|---|
| Investment expenses | (20,347) |
|---|
| Proceeds from sale of investments | 244,576 |
|---|
| Purchases of investments | (300,053) |
|---|
| Net cash flows from investing activities | 26,729 |
|---|
| Net increase (decrease) in cash and cash equivalents | 555,915 |
|---|
| Cash and cash equivalents at beginning of year | 22,972,425 |
|---|
| Cash and cash equivalents at end of year | 23,527,340 |
|---|
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