Kentucky State University
Statement of Cash Flows
Period Ending February 29, 2012
(Unaudited)
| FY 2012 |
|---|
| Cash flows from operating activities | |
|---|
| Tuition and fees | 18,058,685 |
|---|
| Grants and contracts | 4,409,164 |
|---|
| Payments to suppliers | (24,211,074) |
|---|
| Payments to employees | (22,456,519) |
|---|
| Loans issued to students | (196,687) |
|---|
| Collection of loans issued to students | 83,576 |
|---|
| Auxiliary enterprises: | |
|---|
| Residence halls and dining | 6,435,078 |
|---|
| Bookstore | - |
|---|
| Other auxiliaries | - |
|---|
| Other receipts (payments) | (2,016,958) |
|---|
| Net cash from operating activities | (19,894,735) |
|---|
| Cash flows from noncapital financing activities | |
|---|
| State appropriations | 19,841,270 |
|---|
| Federal Grants and Contracts | 7,103,034 |
|---|
| Gifts for other than capital purposes | 182,807 |
|---|
| Student organization agency receipts | 96,370 |
|---|
| Student organization agency disbursements | (70,044) |
|---|
| Other receipts (payments) | 1,466,589 |
|---|
| Net cash from noncapital financing activities | 28,620,026 |
|---|
| Cash flows from capital financing activities | |
|---|
| Capital appropriations | - |
|---|
| Purchases of capital assets | (1,291,970) |
|---|
| Principal paid on capital debt | (118,797) |
|---|
| Interest paid on capital debt | 252 |
|---|
| Net cash flows from capital financing activities | (1,410,515) |
|---|
| Cash flows from investing activities | |
|---|
| Interest received on investments | 140,038 |
|---|
| Investment expenses | (29,531) |
|---|
| Proceeds from sale of investments | 763,580 |
|---|
| Purchases of investments | (502,854) |
|---|
| Net cash flows from investing activities | 371,233 |
|---|
| Net increase (decrease) in cash and cash equivalents | 7,686,009 |
|---|
| Cash and cash equivalents at beginning of year | 29,623,196 |
|---|
| Cash and cash equivalents at end of year | 37,309,205 |
|---|