Kentucky State University Statement of Cash Flows Period Ending March 31, 2013 (Unaudited)

FY 2013FY 2012
Cash flows from operating activities
Tuition and fees12,512,11112,101,640
Grants and contracts14,381,4724,409,164
Payments to suppliers(26,751,652)(24,211,074)
Payments to employees(26,166,005)(22,456,519)
Loans issued to students(196,687)
Collection of loans issued to students83,576
Auxiliary enterprises:
Residence halls and dining5,531,7236,435,078
Bookstore112,500-
Other auxiliaries192,874-
Other receipts773,179(2,016,958)
Net cash from operating activities(19,411,798)(25,851,780)
Cash flows from noncapital financing activities
State appropriations18,826,62120,253,656
Federal Grants and Contracts5,777,9487,480,286
Gifts for other than capital purposes8,095350,795
Student organization agency receipts5,64896,370
Student organization agency disbursements-(70,044)
Other receipts (payments)960,7481,107,979
Net cash from noncapital financing activities25,579,06029,219,042
Cash flows from capital financing activities
Capital appropriations--
Purchases of capital assets(2,053,781)(1,291,970)
Proceeds from capital debt--
Principal paid on capital debt(285,475)(118,797)
Interest paid on capital debt(178,813)252
Net cash flows from capital financing activities(2,518,069)(1,410,515)
Cash flows from investing activities
Interest received on investments199,643140,038
Investment expenses(64,012)(29,531)
Proceeds from sale of investments2,873,512763,580
Purchases of investments(4,232,410)(502,854)
Net cash flows from investing activities(1,223,267)371,233
Net increase (decrease) in cash and cash equivalents2,425,9262,327,980
Cash and cash equivalents at beginning of year23,842,72129,623,196
Cash and cash equivalents at end of year26,268,64731,951,176

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