BALANCE
SHEET
As
of June 30, 2001 With Comparative Figures for 2000 (in thousands)
ASSETS
|
Assets
|
Current
Funds
|
Loan
Funds
|
Endowment
and Similar Funds
(Note 1)
|
Plant
Funds
|
Agency
Funds
|
Total
2001
|
Total
2000*
|
|
Cash
(Note 2)
|
$83,864
|
$2,708
|
$--
|
$75,500
|
$3,081
|
$165,153
|
$169,344
|
|
Accounts
Receivable
(Note 3a)
|
124,360
|
--
|
--
|
--
|
--
|
124,360
|
100,374
|
|
Appropriations
Receivable
|
--
|
--
|
--
|
29,607
|
--
|
29,607
|
46,148
|
|
Interest
Receivable
|
8,599
|
--
|
--
|
--
|
--
|
8,599
|
6,378
|
|
Notes
Receivable
(Note 3b)
|
3,016
|
26,929
|
--
|
--
|
--
|
29,945
|
25,887
|
| Pledges
Receivable |
30,919
|
--
|
--
|
12,473
|
--
|
43,392
|
--
|
|
Advances
to Foundations (Note 3c)
|
--
|
--
|
45,014
|
--
|
--
|
45,014
|
36,578
|
|
Investments
(Note 2)
|
268,116
|
--
|
1,742,498
|
221,369
|
--
|
2,231,983
|
2,182,966
|
| Investments
Under Security Lending (Note 2) |
5,818
|
--
|
244,319
|
--
|
--
|
250,137
|
3,642
|
|
Inventories
|
13,484
|
--
|
--
|
--
|
--
|
13,484
|
11,948
|
|
Prepaid
Expenses
|
5,386
|
--
|
--
|
--
|
--
|
5,386
|
5,081
|
|
Investment
in Plant
(Note 3d)
|
--
|
--
|
--
|
1,879,059
|
--
|
1,879,059
|
1,743,162
|
| Goodwill |
2,494
|
--
|
--
|
--
|
--
|
2,494
|
1,741
|
|
Due
from Other Funds (Note 3f)
|
20,129
|
--
|
2,325
|
450
|
48,394
|
71,298
|
69,834
|
|
Total
Assets
|
566,185
|
29,637
|
2,034,156
|
2,218,458
|
51,475
|
4,899,911
|
4,403,083
|
LIABILITIES
AND FUND BALANCES
|
Liabilities
|
Current
Funds
|
Loan
Funds
|
Endowment
and Similar Funds
(Note 1)
|
Plant
Funds
|
Agency
Funds
|
Total
2001
|
Total
2000*
|
|
Accounts
Payable and Accrued Expenses
|
$100,040
|
$20
|
$--
|
$4,740
|
$--
|
$104,800
|
$104,534
|
|
Collateral
Held for Security Lending (Note 2)
|
5,818
|
--
|
244,319
|
--
|
--
|
250,137
|
3,642
|
|
Grant
and Contract Prepayments
|
36,780
|
--
|
--
|
--
|
--
|
36,780
|
35,321
|
|
Advance
from Treasurer of Virginia
|
260
|
--
|
--
|
--
|
--
|
260
|
260
|
|
Deposits
and Deferred Revenues
|
22,920
|
--
|
--
|
--
|
--
|
22,920
|
24,191
|
|
Investments
and Deposits Held for Others
|
--
|
--
|
--
|
--
|
51,475
|
51,475
|
36,199
|
|
Accrued
Compensated Absences
|
35,381
|
--
|
--
|
--
|
--
|
35,381
|
28,686
|
|
Long-Term
Debt
(Note 4)
|
--
|
--
|
--
|
351,547
|
--
|
351,547
|
324,109
|
|
Due
to Other Funds
(Note 3f)
|
2,775
|
--
|
48,394
|
20,129
|
--
|
71,298
|
69,834
|
|
Total
Liabilities
|
203,974
|
20
|
292,713
|
376,416
|
51,475
|
924,598
|
626,776
|
|
Fund
Balances
|
Current
Funds
|
Loan
Funds
|
Endowment
and Similar Funds
(Note 1)
|
Plant
Funds
|
Agency
Funds
|
Total
2001
|
Total
2000*
|
|
Current
Funds--Unrestricted
|
$171,369
|
$--
|
$--
|
$--
|
$--
|
$171,369
|
$157,338
|
|
Current
Funds--Restricted
|
190,842
|
--
|
--
|
--
|
--
|
190,842
|
129,440
|
|
Loan
Funds, U.S. Government Grants
|
--
|
15,414
|
--
|
--
|
--
|
15,414
|
15,359
|
|
Loan
Funds, University
|
--
|
14,203
|
--
|
--
|
--
|
14,203
|
13,213
|
|
Life
Income Funds
|
--
|
--
|
33,244
|
--
|
--
|
33,244
|
31,999
|
|
Quasi-Endowment
Funds--Unrestricted
|
--
|
--
|
518,168
|
--
|
--
|
518,168
|
528,016
|
|
Quasi-Endowment
Funds--Restricted
|
--
|
--
|
415,132
|
--
|
--
|
415,132
|
424,473
|
|
Endowment
Funds
|
--
|
--
|
774,890
|
--
|
--
|
774,890
|
784,327
|
|
Term
Endowment Funds
|
--
|
--
|
9
|
--
|
--
|
9
|
10
|
|
Expendable
Plant Funds--Unrestricted
|
--
|
--
|
--
|
54,000
|
--
|
54,000
|
42,256
|
|
Expendable
Plant Funds--Restricted
|
--
|
--
|
--
|
222,419
|
--
|
222,419
|
200,067
|
|
Retirement
of Debt Funds
|
--
|
--
|
--
|
2,119
|
--
|
2,119
|
1,860
|
|
Net
Investment in Plant
|
--
|
--
|
--
|
1,563,504
|
--
|
1,563,504
|
1,447,949
|
|
Total
Fund Balances
|
362,211
|
29,617
|
1,741,443
|
1,842,042
|
--
|
3,975,313
|
3,776,307
|
| |
|
|
|
|
|
|
|
|
Total
Liabilities and Fund Balances
|
$566,185
|
$29,637
|
$2,034,156
|
$2,218,458
|
$51,475
|
$4,899,911
|
$4,403,083
|
*Certain
2000 amounts have been restated to conform to 2001 classifications.
The accompanying Notes to Financial Statements
are an integral part of this statement.
|
