Kentucky State University Statement of Cash Flows Period Ending February 29, 2012 (Unaudited)
| Reconciliation of net operating loss to net cash from operating activities | |
|---|---|
| Operating loss | (16,752,032) |
| cash from operating activities: | |
| Depreciation expense | 2,939,842 |
| Changes in assets and liabilities: | |
| Receivables, net | (5,602,840) |
| Inventory and prepaid expenses | 270,084 |
| Accounts payable and accrued liabilities | (254,726) |
| Accrued compensated absences | (71,018) |
| Other Liabilities | (82,408) |
| Deferred revenue | (341,636) |
| Net cash from operating activities | (19,894,735) |