Kentucky State University
Statement of Cash Flows
Period Ending AUGUST 31, 2009
(Unaudited)
| FY 2009 |
|---|
| Cash flows from operating activities | |
|---|
| Tuition and fees | (2,664,444) |
|---|
| Grants and contracts | 1,395,079 |
|---|
| Payments to suppliers | (3,035,926) |
|---|
| Payments to employees | (4,721,527) |
|---|
| Loans issued to students | (6,076) |
|---|
| Collection of loans issued to students | 5,852 |
|---|
| Auxiliary enterprises: | |
|---|
| Residence halls and dining | 3,829,270 |
|---|
| Bookstore | 25,000 |
|---|
| Other auxiliaries | 12,019 |
|---|
| Other receipts | 168,652 |
|---|
| Net cash from operating activities | (4,992,101) |
|---|
| Cash flows from noncapital financing activities | |
|---|
| State appropriations | 8,151,292 |
|---|
| Federal Grants and Contracts | 12,589 |
|---|
| Gifts for other than capital purposes | 119,630 |
|---|
| Student organization agency receipts | 90,589 |
|---|
| Student organization agency disbursements | (96,186) |
|---|
| Other receipts (payments) | 450,907 |
|---|
| Net cash from noncapital financing activities | 8,728,821 |
|---|
| Cash flows from capital financing activities | |
|---|
| Capital appropriations | (43,310) |
|---|
| Purchases of capital assets | (378,466) |
|---|
| Proceeds from capital debt | - |
|---|
| Principal paid on capital debt | (24,640) |
|---|
| Interest paid on capital debt | (325) |
|---|
| Net cash flows from capital financing activities | (446,741) |
|---|
| Cash flows from investing activities | |
|---|
| Interest received on investments | 24,562 |
|---|
| Investment expenses | - |
|---|
| Proceeds from sale of investments | 400,681 |
|---|
| Purchases of investments | (354,881) |
|---|
| Net cash flows from investing activities | 70,362 |
|---|
| Net increase (decrease) in cash and cash equivalents | 3,360,341 |
|---|
| Cash and cash equivalents at beginning of year | 17,064,879 |
|---|
| Cash and cash equivalents at end of year | 20,425,220 |
|---|
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