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

FY May 2013FY June 2012
Cash flows from operating activities
Tuition and fees13,598,42618,669,508
Grants and contracts17,677,64611,096,565
Payments to suppliers(21,326,541)(21,787,788)
Payments to employees(32,286,332)(38,395,403)
Student financial aid(9,218,639)(10,068,725)
Loans issued to students126,543(241,777)
Collection of loans issued to students160,363239,465
Auxiliary enterprises:
Residence halls and dining5,561,3446,539,431
Bookstore140,000152,500
Other auxiliaries239,364146,898
Other receipts1,039,3511,428,163
Net cash from operating activities(24,757,540)(32,221,163)
Cash flows from noncapital financing activities
State appropriations23,645,97324,660,001
Federal Grants and Contracts5,895,2897,373,490
Gifts for other than capital purposes13,888251,309
Student organization agency receipts155,427106,552
Student organization agency disbursements(73,304)84,619
Other receipts (payments)1,754,458447,119
Net cash from noncapital financing activities31,391,73032,923,090
Cash flows from capital financing activities
Capital appropriations--
Purchases of capital assets(2,217,575)(5,602,369)
Proceeds from capital debt--
Principal paid on capital debt(593,871)(767,783)
Interest paid on capital debt(178,813)(373,738)
Net cash flows from capital financing activities(2,990,259)(6,743,890)
Cash flows from investing activities
Interest received on investments160,549901,436
Investment expenses(51,948)(51,707)
Proceeds from sale of investments2,873,5123,977,271
Purchases of investments(4,297,851)(4,565,512)
Net cash flows from investing activities(1,315,739)261,488
Net increase (decrease) in cash and cash equivalents2,328,192(5,780,475)
Cash and cash equivalents at beginning of year23,842,72129,623,196
Cash and cash equivalents at end of year26,170,91323,842,721