Kentucky State University
Statement of Revenues, Expenses and Changes in Net Assets (By Function)
Period Ending August 31, 2012 and 2011
(Unaudited)
| NONOPERATING REVENUES (EXPENSES) | | |
|---|
| State appropriations | 7,061,222 | 7,544,041 |
|---|
| Federal Grants and Contracts | - | - |
|---|
| Gifts | 2,000 | 16,825 |
|---|
| Investment income (net of investment expense) | 132,390 | (429,943) |
|---|
| Interest on capital asset-related debt | - | - |
|---|
| Other nonoperating revenues (expenses) | 541,662 | (500,836) |
|---|
| Net nonoperating revenues | 7,737,274 | 6,630,087 |
|---|
| Income (loss) before other revenues, expenses, gains or losses | 9,363,051 | 13,771,983 |
|---|
| Endowment Gifts | - | - |
|---|
| Capital appropriations | - | - |
|---|
| Increase (decrease) in net assets | 9,363,051 | 13,771,982 |
|---|
| Net assets, beginning of year | 116,943,862 | 115,955,740 |
|---|
| Net assets, end of year | 126,306,913 | 129,727,723 |
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