Combining Balance Sheet - Unrestricted Prior Year 07

Amount (Dr - Cr)

General

Designated

Auxiliary Activities

Retirement Insurance

Unrestricted Plant

Combined

Assets

Cash and cash equivalents

$ (11,646,176)

$ 12,609,976

$ 7,915,466

$ 1,949,896

$ (3,661,108)

$ 7,168,054

Accounts Receivable, net

8,595,903

76,885

380,046

162,319

9,215,153

Inventories

256,337

1,414,322

1,670,659

Deposits

417,536

Prepaid Expenses

202,631

13,525

14,760

230,916

Total Current Assets

(2,591,305)

12,700,386

9,709,834

2,529,751

(3,646,348)

18,702,318

Student Loans Receivable, net

Investments

7,247,054

Capital assets, net of depreciation

Total Non-Current Assets

7,247,054

Total Assets

(2,591,305)

12,700,386

9,709,834

9,776,805

(3,646,348)

25,949,372

Liabilities

Current Portion of L/T Liabilities

(2,146,893)

Accounts Payable

(562,297)

(25,334)

(191,567)

(732,681)

(18,294)

(1,530,173)

Other accrued liabilities

(4,257,740)

(205,934)

(363,284)

(2,421,767)

(400,000)

(7,648,725)

Deferred revenue

(57,976)

Total Current Liabilities

(4,878,013)

(231,268)

(554,851)

(5,301,341)

(418,294)

(11,383,767)

Accrued Health & Liability Claims

(1,143,313)

Notes and Bonds Payable

Capital Lease Obligations

Funds Held for Others

(673,350)

Due to MTF

(750,000)

Total Non-Current Liabilities

(673,350)

(1,143,313)

(750,000)

(2,566,663)

Total Liabilities

(5,551,363)

(231,268)

(554,851)

(6,444,654)

(1,168,294)

(13,950,430)

Net (increase) decrease in Net Assets

(1,276,039)

(757,970)

206,953

(2,231,722)

990,747

(3,068,031)

Net (Assets) Deficit, July 1

9,418,710

(11,711,149)

(9,361,936)

(1,100,429)

3,823,895

(8,930,909)

Prior Period Adjustments

Total Net Assets

$ 8,142,671

$ (12,469,119)

$ (9,154,983)

$ (3,332,151)

$ 4,814,642

$ (11,998,940)