MTU Accounting Services - 30-JUL-04

FYGOPL507 - Income Statement by Function - Combining Summary




FY: 03 | As of: 30-JUN-03


Unrestricted Expendable Restricted Fund Loan Fund Plant Fund Combined Total
*** ** . Desc




Net Increase (Decrease) in Net Assets OPERATING REVENUES 10 Student Tuition and Fees 51,452,070       51,452,070
30 Federal Grants and Contracts 158,233 15,575,030 89,444 58,166 15,880,873
40 State/Local Grants and Contracts   2,288,267     2,288,267
50 Nongovernmental Grants and Contract 2,552 10,473,394     10,475,946
55 Indirect Cost Recoveries 4,904,103 -4,904,102     0
60 Educational Activities 4,788,497 204,478   2,955 4,995,930
70 Student Resident Fees 12,379,237       12,379,237
80 Sales and Services of Dept Activiti 7,482,726 117,004     7,599,730
OPERATING REVENUES 81,167,418 23,754,070 89,444 61,121 105,072,053
OPERATING EXPENSES







201 Instruction -53,131,676 -968,266     -54,099,943
210 Research -3,551,942 -19,145,293     -22,697,234
220 Public Service -1,807,555 -3,250,799     -5,058,354
230 Academic Support -11,187,352 -27,498     -11,214,850
240 Student Services -5,603,216 -380,489     -5,983,705
260 Institutional Support -15,903,166 -29,681 -43,263  -253,868 -16,229,978
320 Operation & Maintenance of Plant -8,127,753     -4,319,573 -12,447,326
330 Student Financial Support -10,713,164 -7,996,188 -40,741   -18,750,092
404 Auxiliary Activities -19,103,187     -1,162,936 -20,266,123
802 Depreciation       -10,811,442 -10,811,442
OPERATING EXPENSES -129,129,012 -31,798,213 -84,004 -16,547,819 -177,559,048








TRANSFERS 00 Mandatory Transfers In   2,943,472 81,031 7,666,268 10,690,771
10 Mandatory Transfers Out -2,484,550 -1,573,585   -6,632,636 -10,690,771
20 Non Mandatory Transfers In 31,140,921 4,727,964 170,000 7,151,482 43,190,366
30 Non Mandatory Transfers Out -37,346,224 -1,202,158 -170,000 -4,471,984 -43,190,366
TRANSFERS -8,689,853 4,895,693 81,031 3,713,129 0
NONOPERATING REVENUES (EXPENSES) 10 State appropriations, Operating 53,133,172 174,934     53,308,106
20 Gift Income 3,000,487 3,458,202   -306,481 6,152,208
30 Investment Income (loss) -441,632 13,035 241,827 65,922 -120,849
40 Interest Expense -17,587     -273,249 -290,836
60 Capital Appropriations       541,007 541,007
70 Capital Grants and Gifts       3,189,344 3,189,344
80 Fund Additions (Deductions)       8,281,182 8,281,182
NONOPERATING REVENUES (EXPENSES) 55,674,440 3,646,170 241,827 11,497,724 71,060,161
Net Increase (Decrease) in Net Assets -977,007 497,720 328,298 -1,275,844 -1,426,833

Net Assets (Deficit), Beg. of Year 6,632,651 2,399,258 12,518,706 161,460,348 183,010,963
Net Assets (deficit), End of Period 5,655,644 2,896,978 12,847,004 160,184,504 181,584,130