UNIVERSITY OF COLORADO STATEMENT OF NET POSITION June 30, 2014

System Administration

 

SNP LINE DESC

GENERAL

AUXILIARY AND SELF FUNDED

RESTRICTED

STUDENT LOAN

ENDOWMENT

UNEXPENDED PLANT

RETIREMENT OF INDEBTEDNESS PLANT

INVESTMENT IN PLANT

NON-BUDGET ACTIVITY

PRESENTATION

FY AMT

ASSETS AND DEFERRED OUTFLOWS

                       

ASSETS

CASH AND INVESTMENTS

EQUITY IN POOLED CASH AND INVESTMENTS

6,546,611.74

102,174,910.74

3,069,538.29

305,476.73

7,485,669.26

-

(80.50)

-

-

119,582,126.26

 

CASH ON HAND

(511,298.83)

(511,298.83)

 

INVESTMENTS AND RESTRICTED POOLED CASH

54,556,409.81

62,418,893.77

4,690,519.38

1,125,007.76

184,566,041.83

89,118,231.33

4,332,289.97

400,807,393.85

CASH AND INVESTMENTS

 

61,103,021.55

164,082,505.68

7,760,057.67

1,125,007.76

184,871,518.56

96,603,900.59

4,332,289.97

(80.50)

-

-

519,878,221.28

ACCOUNTS AND LOANS RECEIVA

ACCOUNTS RECEIVABLE, CURRENT

894.84

8,480,613.47

1,379.61

10,793.97

(801,449.59)

7,692,232.30

 

ACCOUNTS RECEIVABLE-DPCU, CURRENT

-

-

485,554.48

485,554.48

 

ALLOWANCES FOR ACCOUNTS RECEIVABLE

(179,246.82)

(179,246.82)

 

ACCOUNTS RECEIVABLE

894.84

8,301,366.65

486,934.09

10,793.97

(801,449.59)

7,998,539.96

 

LOANS RECEIVABLE, NONCURRENT

298,789.78

298,789.78

ACCOUNTS AND LOANS RECEIVABLE

 

894.84

8,600,156.43

486,934.09

10,793.97

(801,449.59)

8,297,329.74

INVENTORIES

INVENTORIES

14,756.57

14,756.57

OTHER ASSETS

OTHER ASSETS, CURRENT

(10.00)

376,056.68

(260,500.00)

115,546.68

 

OTHER ASSETS, NON-CURRENT

5,584,790.70

5,584,790.70

OTHER ASSETS

 

(10.00)

5,960,847.38

(260,500.00)

5,700,337.38

CAPITAL ASSETS

LAND

1,955,470.45

2,179,510.00

4,134,980.45

 

IMPROVEMENTS OTHER THAN BUILDINGS

2,569,987.41

2,569,987.41

 

EQUIPMENT

4,041,130.09

4,041,130.09

 

SOFTWARE

59,422,838.02

59,422,838.02

 

LESS ACCUMULATED DEPRECIATION AND AMORTIZATION

(52,552,856.07)

(52,552,856.07)

 

DEPRECIABLE CAPITAL ASSETS

13,481,099.45

13,481,099.45

CAPITAL ASSETS

 

1,955,470.45

15,660,609.45

17,616,079.90

INTERFUND RECEIVABLES

INTERFUND RECEIVABLES, NET OF INTERFUND PAYABLES

8,954,454.15

8,954,454.15

ASSETS

 

61,118,662.96

187,597,963.64

7,986,491.76

1,125,007.76

186,837,782.98

96,603,900.59

4,332,289.97

15,660,528.95

-

(801,449.59)

560,461,179.02

ASSETS AND DEFERRED OUTFLOWS

 

61,118,662.96

187,597,963.64

7,986,491.76

1,125,007.76

186,837,782.98

96,603,900.59

4,332,289.97

15,660,528.95

-

(801,449.59)

560,461,179.02

 

SNP LINE DESC

GENERAL

AUXILIARY AND SELF FUNDED

RESTRICTED

STUDENT LOAN

ENDOWMENT

UNEXPENDED PLANT

RETIREMENT OF INDEBTEDNESS PLANT

INVESTMENT IN PLANT

NON-BUDGET ACTIVITY

PRESENTATION

FY AMT

LIABILITIES

ACCOUNTS PAYABLE

ACCOUNTS PAYABLE

(683,350.21)

319,691.72

(552,079.88)

(8,004.17)

801,449.59

(122,292.95)

ACCRUED EXPENSES

ACCRUED EXPENSES

(2,728,708.74)

558,315.45

(705,342.18)

(2,875,735.47)

COMPENSATED ABSENCES

COMPENSATED ABSENCES, CURRENT

(110,033.35)

(110,033.35)

 

COMPENSATED ABSENCES, NON-CURRENT

(1,547,095.24)

(1,547,095.24)

COMPENSATED ABSENCES

 

(1,657,128.59)

(1,657,128.59)

OTHER POSTEMPLOYMENT BENEFITS

OTHER POSTEMPLOYMENT BENEFITS, CURRENT

(149,332.18)

(149,332.18)

 

OTHER POSTEMPLOYMENT BENEFITS, NON-CURRENT

(1,925,710.54)

(1,925,710.54)

OTHER POSTEMPLOYMENT BENEFITS

 

(2,075,042.72)

(2,075,042.72)

UNEARNED REVENUE

UNEARNED REVENUE, CURRENT

(832,029.27)

(832,029.27)

ALTERNATE MEDICARE PLAN

ALTERNATE MEDICARE PLAN, CURRENT

(19,291.86)

(19,291.86)

 

ALTERNATE MEDICARE PLAN, NON-CURRENT

(95,300.89)

(95,300.89)

ALTERNATE MEDICARE PLAN

 

(114,592.75)

(114,592.75)

OTHER LIABILITIES

DEPOSITS HELD FOR OTHERS

(580,644.94)

(406.36)

-

(581,051.30)

 

OTHER LIABILITIES, CURRENT

244.71

(8,658,411.05)

(19,170.12)

(8,677,336.46)

 

OTHER LIABILITIES, NON-CURRENT

(5,787,178.00)

(37,709.98)

(5,824,887.98)

OTHER LIABILITIES

 

244.71

(15,026,233.99)

(406.36)

(37,709.98)

(19,170.12)

(15,083,275.74)

LIABILITIES

(3,411,814.24)

(14,148,226.82)

(2,089,857.69)

(37,709.98)

(27,174.29)

-

(3,846,764.06)

801,449.59

(22,760,097.49)

NET POSITION

INVESTMENT IN CAPITAL ASSETS

NET INVESTMENT IN CAPITAL ASSETS

15,660,528.95

15,660,528.95

RESTRICTED FOR NONEXPENDABLE PURPOSES

RESEARCH

2,632,000.00

2,632,000.00

 

ACADEMIC SUPPORT

15,188,000.00

15,188,000.00

 

SCHOLARSHIPS AND FELLOWSHIPS

13,883,000.00

13,883,000.00

 

CAPITAL

630,000.00

630,000.00

 

OTHER

528,000.00

528,000.00

RESTRICTED FOR NONEXPENDABLE PURPOSES

 

32,861,000.00

32,861,000.00

RESTRICTED FOR EXPENDABLE PURPOSES

INSTRUCTION

3,890.61

141,153.83

145,044.44

 

RESEARCH

1,888.00

31,429,842.04

31,431,730.04

 

ACADEMIC SUPPORT

-

38,624,757.67

38,624,757.67

 

STUDENT LOANS AND SERVICES

1,125,007.76

1,125,007.76

 

SCHOLARSHIPS AND FELLOWSHIPS

-

35,313,679.45

35,313,679.45

 

AUXILIARY ENTERPRISES

618,022.64

618,022.64

 

INSTITUTIONAL SUPPORT

6,361,639.69

1,360,242.77

7,721,882.46

 

CAPITAL

4,947,172.54

4,947,172.54

 

OTHER

-

16,104,998.79

16,104,998.79

RESTRICTED FOR EXPENDABLE PURPOSES

 

618,022.64

6,367,418.30

1,125,007.76

127,921,847.09

136,032,295.79

UNRESTRICTED

UNRESTRICTED

57,706,848.72

172,831,714.18

(470,784.23)

26,017,225.91

96,576,726.30

4,332,289.97

(3,846,764.06)

353,147,256.79

NET POSITION

 

57,706,848.72

173,449,736.82

5,896,634.07

1,125,007.76

186,800,073.00

96,576,726.30

4,332,289.97

15,660,528.95

(3,846,764.06)

537,701,081.53

UNIVERSITY OF COLORADO STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION June 30, 2014

System Administration

   

SRECNP LINE DESC

GENERAL

AUXILIARY AND SELF FUNDED

RESTRICTED

STUDENT LOAN

ENDOW MENT

UNEXPENDED PLANT

RETIREMENT OF INDEBTEDNESS PLANT

INVESTMENT IN PLANT

NON-BUDGET ACTIVITY

PRESENTATION

REPORT ADJUSTMENTS

FY 2014

Change in net position

                           

Operating revenues

Federal grants and contracts

 

(14,941.73)

(14,941.73)

 

State and local grants and contracts

 

(495,311.09)

(495,311.09)

 

Sales and service s of educational departments

 

(700.00)

(700.00)

 

Internal Revenues

Internal service center revenues

(19,232,014.89)

19,232,014.89

-

   

Interdepartmental revenues

(17,350.00)

(2,839,049.03)

2,856,399.03

-

   

Other internal revenues

(41,769,914.00)

41,769,914.00

-

 

Internal Revenues

 

(41,787,264.00)

(22,071,063.92)

2,856,399.03

61,001,928.89

-

 

Other operating revenues

 

(8,775.05)

(5,515,711.71)

(16,093,087.83)

(52,034.00)

(21,669,608.59)

Operating revenues

   

(41,796,739.05)

(27,586,775.63)

(16,603,340.65)

(52,034.00)

2,856,399.03

61,001,928.89

(22,180,561.41)

Operating expenses

Education and general

Instruction

960,052.86

960,052.86

   

Research

644,967.40

644,967.40

   

Academic support

25,464.68

25,464.68

   

Institutional support

39,829,428.53

42,689,323.41

7,070,485.53

-

-

-

1,145,352.78

(2,856,399.03)

(41,769,914.00)

46,108,277.22

   

Operation and maintenance of plant

(1,152,528.35)

(1,152,528.35)

   

Student aid

10,000.00

-

2,500.00

12,500.00

 

Education and general

 

39,839,428.53

42,689,323.41

8,703,470.47

-

-

-

1,145,352.78

(2,856,399.03)

(42,922,442.35)

46,598,733.81

 

Depreciation

 

9,900,179.05

9,900,179.05

 

Auxiliary enterprises

Program expenses

130,029.00

130,029.00

   

Internal service center expenses

775,909.42

(19,232,014.89)

(18,456,105.47)

   

Other internal expenses

133,333.00

(133,333.00)

-

 

Auxiliary enterprises

 

905,938.42

133,333.00

(133,333.00)

(19,232,014.89)

(18,326,076.47)

 

Other operating expenses

 

(878.00)

10,621.64

9,743.64

Operating expenses

   

39,839,428.53

43,594,383.83

8,847,425.11

-

-

-

9,900,179.05

1,145,352.78

(2,989,732.03)

(62,154,457.24)

38,182,580.03

Operating, net

   

(1,957,310.52)

16,007,608.20

(7,755,915.54)

-

(52,034.00)

-

9,900,179.05

1,145,352.78

(133,333.00)

(1,152,528.35)

16,002,018.62

   

SRECNP LINE DESC

GENERAL

AUXILIARY AND SELF FUNDED

RESTRICTED

STUDENT LOAN

ENDOW MENT

UNEXPENDED PLANT

RETIREMENT OF INDEBTEDNESS PLANT

INVESTMENT IN PLANT

NON-BUDGET ACTIVITY

PRESENTATION

REPORT ADJUSTMENTS

FY 2014

Nonoperating revenues

Gifts

 

(1,757,330.05)

(1,757,330.05)

 

Investment Income, net

Investment income

(50,762,840.59)

(34,064,084.87)

(4,468,272.46)

(1,012,598.22)

(23,488,860.80)

(85,236,354.38)

(3,748,019.33)

(202,781,030.65)

   

Investment expense

-

7,216,468.09

-

3,150,291.12

10,366,759.21

 

Investment Income, net (pledged revenues of $79,371)

 

(50,762,840.59)

(26,847,616.78)

(4,468,272.46)

(1,012,598.22)

(20,338,569.68)

(85,236,354.38)

(3,748,019.33)

(192,414,271.44)

 

Royalty income, net

Royalty income

(8,124,966.91)

2,853,879.02

(5,271,087.89)

   

Royalty expense

8,833,294.27

(2,853,879.02)

5,979,415.25

 

Royalty income, net

 

708,327.36

-

708,327.36

 

Gain (loss) on disposal of assets

 

(2,205.00)

(112.50)

20,968.99

18,651.49

 

Other nonoperating revenues, net

 

(6,255.55)

(6,255.55)

Nonoperating revenues

   

(50,765,045.59)

(26,139,401.92)

(6,225,602.51)

(1,012,598.22)

(20,344,825.23)

(85,236,354.38)

(3,748,019.33)

20,968.99

-

(193,450,878.19)

Other revenues

Capital appropriations

 

(43,181.85)

(43,181.85)

Other interfund related additions and deletions

Indirect cost recovery transfers

 

(33,333.00)

(33,333.00)

 

Voluntary transfers

 

18,453,854.91

(27,858,488.79)

11,485,702.11

371,135.48

(14,636,275.45)

30,493,344.84

1,069,694.52

133,333.00

19,512,300.62

 

Capital asset additions and plant fund activity

 

485,518.12

240,945.08

563,810.92

(2,442,802.47)

1,152,528.35

-

Other interfund related additions and deletions

   

18,906,040.03

(27,617,543.71)

11,485,702.11

371,135.48

(14,636,275.45)

31,057,155.76

1,069,694.52

(2,442,802.47)

133,333.00

1,152,528.35

19,478,967.62

Change in net position

   

(33,816,316.08)

(37,749,337.43)

(2,495,815.94)

(641,462.74)

(35,024,282.53)

(54,231,232.62)

(2,678,324.81)

7,478,345.57

1,145,352.78

-

-

(158,013,073.80)

Net position

                           

Net position begin

   

(23,890,532.64)

(135,700,399.39)

(3,400,818.13)

(483,545.02)

(151,775,790.47)

(42,345,493.68)

(1,653,965.16)

(23,138,874.52)

2,701,411.28

(379,688,007.73)

Net position end

   

(57,706,848.72)

(173,449,736.82)

(5,896,634.07)

(1,125,007.76)

(186,800,073.00)

(96,576,726.30)

(4,332,289.97)

(15,660,528.95)

3,846,764.06

-

-

(537,701,081.53)

UNIVERSITY OF COLORADO STATEMENT OF NET POSITION June 30, 2014 Auxiliary and Self-Funded Activities - System Administration

PAU -- AUX STU UNION POC -- OTHER CONF. POI -- OTHER INS SERV POR -- AUX TECH TRANS

POY -- OTHER HLTH SERV

 

SNP LINE DESC

MISC

POC

POI

POY

FY AMT

ASSETS

           

CASH AND INVESTMENTS

EQUITY IN POOLED CASH AND INVESTMENTS

82,438,039.82

(56.25)

19,736,927.17

102,174,910.74

 

CASH ON HAND

(103,388.85)

(407,909.98)

(511,298.83)

 

INVESTMENTS AND RESTRICTED POOLED CASH

48,690,708.35

13,114,034.70

614,150.72

62,418,893.77

CASH AND INVESTMENTS

 

131,025,359.32

(56.25)

32,443,051.89

614,150.72

164,082,505.68

ACCOUNTS AND LOANS RECEIVABLE

ACCOUNTS RECEIVABLE, CURRENT

6,575,243.69

1,905,369.78

8,480,613.47

 

ACCOUNTS RECEIVABLE-DPCU, CURRENT

 

ALLOWANCES FOR ACCOUNTS RECEIVABLE

(179,246.82)

(179,246.82)

 

ACCOUNTS RECEIVABLE

6,395,996.87

1,905,369.78

8,301,366.65

 

LOANS RECEIVABLE, NONCURRENT

298,789.78

298,789.78

ACCOUNTS AND LOANS RECEIVABLE

 

6,694,786.65

1,905,369.78

8,600,156.43

OTHER ASSETS

OTHER ASSETS, CURRENT

324,462.05

51,594.63

376,056.68

 

OTHER ASSETS, NON-CURRENT

5,584,790.70

5,584,790.70

OTHER ASSETS

 

5,909,252.75

51,594.63

5,960,847.38

INTERFUND RECEIVABLES

INTERFUND RECEIVABLES, NET OF INTERFUND PAYABLES

8,954,454.15

8,954,454.15

ASSETS

 

152,583,852.87

(56.25)

34,400,016.30

614,150.72

187,597,963.64

LIABILITIES

           

ACCOUNTS PAYABLE

ACCOUNTS PAYABLE

643,343.07

(864.88)

(322,786.47)

319,691.72

ACCRUED EXPENSES

ACCRUED EXPENSES

701,004.17

(142,688.72)

558,315.45

OTHER LIABILITIES

DEPOSITS HELD FOR OTHERS

(580,644.94)

(580,644.94)

 

OTHER LIABILITIES, CURRENT

(818.05)

(8,657,593.00)

(8,658,411.05)

 

OTHER LIABILITIES, NON-CURRENT

(5,787,178.00)

(5,787,178.00)

OTHER LIABILITIES

 

(581,462.99)

(14,444,771.00)

(15,026,233.99)

LIABILITIES

 

762,884.25

(864.88)

(14,910,246.19)

(14,148,226.82)

NET POSITION

 

153,346,737.12

(921.13)

19,489,770.11

614,150.72

173,449,736.82

UNIVERSITY OF COLORADO STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION - Auxiliary and Self-Funded Activities June 30, 2014 - System Administration

   

SRECNP LINE DESC

MISC

POC

POI

POR

POY

FY 2014

Change in net position

               

Operating revenues

Internal Revenues

Internal service center revenues

(4,694,871.98)

(14,537,142.91)

(19,232,014.89)

   

Interdepartmental revenues

(2,803,528.77)

(35,520.26)

(2,839,049.03)

 

Internal Revenues

 

(7,498,400.75)

(35,520.26)

(14,537,142.91)

(22,071,063.92)

 

Other operating revenues

 

(5,429,755.39)

(8,500.00)

(52,456.32)

(25,000.00)

(5,515,711.71)

Operating revenues

   

(12,928,156.14)

(44,020.26)

(14,589,599.23)

(25,000.00)

(27,586,775.63)

Operating expenses

Education and general

Institutional support

22,981,925.02

42,802.64

19,664,595.75

42,689,323.41

 

Auxiliary enterprises

Program expenses

130,029.00

130,029.00

   

Internal service center expenses

775,909.42

775,909.42

 

Auxiliary enterprises

 

905,938.42

905,938.42

 

Other operating expenses

 

(878.00)

(878.00)

Operating expenses

   

23,886,985.44

42,802.64

19,664,595.75

43,594,383.83

Operating, net

   

10,958,829.30

(1,217.62)

5,074,996.52

(25,000.00)

16,007,608.20

Nonoperating revenues

Investment Income, net

Investment income

(33,722,583.78)

(262,129.95)

(79,371.14)

(34,064,084.87)

   

Investment expense

7,216,468.09

7,216,468.09

 

Investment Income, net (pledged revenues of $79,371)

 

(26,506,115.69)

(262,129.95)

(79,371.14)

(26,847,616.78)

 

Royalty income, net

Royalty income

(8,124,966.91)

(8,124,966.91)

   

Royalty expense

8,833,294.27

8,833,294.27

 

Royalty income, net

 

708,327.36

708,327.36

 

Gain (loss) on disposal of assets

 

(112.50)

(112.50)

Nonoperating revenues

   

(25,797,900.83)

(262,129.95)

(79,371.14)

(26,139,401.92)

Other interfund related additions and deletions

Voluntary transfers

 

(27,883,488.79)

25,000.00

(27,858,488.79)

 

Capital asset additions and plant fund activity

 

240,945.08

240,945.08

Other interfund related additions and deletions

   

(27,642,543.71)

25,000.00

(27,617,543.71)

Change in net position

   

(42,481,615.24)

(1,217.62)

4,812,866.57

-

(79,371.14)

(37,749,337.43)

Net position

               

Net position begin

   

(110,865,121.88)

2,138.75

(24,302,636.68)

-

(534,779.58)

(135,700,399.39)

Net position end

   

(153,346,737.12)

921.13

(19,489,770.11)

-

(614,150.72)

(173,449,736.82)