MTU Accounting Services - 20-AUG-04

FYGOPL507 - Income Statement by Function - Comparative Financial Statement

Current Fiscal Year : '04' , Prior Fiscal Year : '03'




As of 30-JUN
  Current  Prior Variance
*** ** . Desc



Net Increase (Decrease) in Net Assets OPERATING REVENUES 10 Student Tuition and Fees
55,445,538 51,452,070 3,993,468
30 Federal Grants and Contracts
18,203,111 15,880,873 2,322,239
40 State/Local Grants and Contracts
1,497,773 2,288,267 -790,494
50 Nongovernmental Grants and Contract
10,755,718 10,475,946 279,771
60 Educational Activities
5,362,291 4,995,930 366,362
70 Student Resident Fees
12,900,888 12,379,237 521,651
80 Sales and Services of Dept Activiti
8,197,588 7,599,730 597,858
OPERATING REVENUES
112,362,907 105,072,053 7,290,854








201 Instruction
-49,539,136 -54,099,943 4,560,806
210 Research
-26,177,006 -22,697,234 -3,479,772
220 Public Service
-4,510,461 -5,058,354 547,893
230 Academic Support
-10,321,701 -11,214,850 893,149
240 Student Services
-5,894,513 -5,983,705 89,192
260 Institutional Support
-15,297,290 -16,229,978 932,688
320 Operation & Maintenance of Plant
-8,945,028 -12,447,326 3,502,298
330 Student Financial Support
-18,030,766 -18,750,092 719,326
404 Auxiliary Activities
-19,412,154 -20,266,123 853,969
802 Depreciation
-10,519,710 -10,811,442 291,732
OPERATING EXPENSES
-168,647,764 -177,559,048 8,911,283







NONOPERATING REVENUES (EXPENSES) 10 State appropriations, Operating
47,591,133 53,308,106 -5,716,973
20 Gift Income
5,948,517 6,152,208 -203,692
30 Investment Income (loss)
339,690 -120,849 460,538
40 Interest Expense
-506,272 -290,836 -215,436
60 Capital Appropriations
8,033,155 541,007 7,492,148
70 Capital Grants and Gifts
4,689,334 3,189,344 1,499,990
80 Fund Additions (Deductions)
-405,705 8,281,182 -8,686,887
NONOPERATING REVENUES (EXPENSES)
65,689,852 71,060,161 -5,370,309
Net Increase (Decrease) in Net Assets
9,404,995 -1,426,833 10,831,828

Net Assets (Deficit), Beg. of Year
181,583,962 183,010,963 -1,427,001
Net Assets (deficit), End of Period
190,988,957 181,584,130 9,404,828