Finance 2004-05


Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Finance - Public institutions
 Reporting Standard 
 Please indicate which reporting standards are used to prepare your financial statements: 
   ††††† Radio On  GASB (Governmental Accounting Standard Board), using standards of GASB 34 & 35 
   Radio Off  FASB (Financial Accounting Standard Board) 
 Please consult your business officer for the correct response before saving this screen. Your response to this question will determine the forms you will receive for reporting finance data. 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Finance - Public institutions
 General Information
Finance - Public Institutions
 
 To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statement (GPFS). Please refer to the instructions specific to each page of the survey for detailed instruction and references. 
 1. Fiscal Year calendar 
 This report covers financial activities for the 12-month fiscal year: (The fiscal year reported should be the most recent fiscal year ending before October 1, 2004.) 
 Beginning: month/year (MMYYYY)   Month:   Year:  2003 
 And ending: month/year (MMYYYY)   Month:   Year:  2004 
 2. Audit Opinion 
 Did your institution receive an unqualified opinion on its General Purpose Statement from your auditor for the fiscal year noted above? (If your institution is audited only in combination with another entity, answer this question based on the audit of that entity.) 
   ††† Radio On  Yes  Radio Off  No  Radio Off  Don't know  †††††††††††††††
 3. GASB Statement No. 34 offers three alternative reporting models for special-purpose governments like colleges and universities. Which model is used by your institution ? 
   †††† Radio On  Business Type Activities 
   Radio Off  Governmental Activities 
   Radio Off  Governmental Activities with Business-Type Activities 
 4. Does this institution or any of its foundations or other affiliated organizations own endowment assets ? 
   ††† Radio On  Yes - (report endowment assets)  †††††††††††††††
   Radio Off  No 
 5.Component Units 
 Each discretely presented component unit should be reported in the same manner and amounts as included on the face of the institutionís GPFS. There should be one Finance Survey component unit form (Part F or G) completed for each column on the face of the GPFS other than the institution itself, whether that column represents a single component unit or a combination of component units. 
   ††† Number of component unit columns on GPFS using FASB standards 
    Number of component unit columns on GPFS using GASB standards 
 System or Governing Board (please see instructions about reporting System data) 
 Please select the applicable option below: 
   †† Radio Off  This Finance Survey form is for an institution that is NOT part of a system 
   †† Radio On  This Finance Survey form is for an institution that is part of a system 
    Name of the system is:  UNIVERSITY OF MISSOURI SYSTEM 
   †† Radio Off  This Finance Survey form is for a system (or governing board) office 
 Caveats: 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part A - Statement of Net Assets
 Fiscal Year 2004 
    Report in whole dollars only 
  
 Line no.      Current year amount   Prior year amount 
    Current Assets        
 01   Total Current Assets  138,277,683  171,851,477 
  
    Noncurrent Assets        
 02   Capital assets - depreciable (gross)  71,845,810  67,882,813 
 03   Accumulated depreciation (enter as a positive amount)  27,518,914  22,306,244 
 04   Other noncurrent assets (CV)
CV
=[A05-(A02-A03)] 
272,829,286  258,604,424 
 05   Total noncurrent assets  317,156,182  304,180,993 
  
 06   Total assets (CV)
CV
=(A01+A05) 
455,433,865  476,032,470 
  
    Current Liabilities        
 07   Long-term debt, current portion 
 08   Other current liabilities (CV)
CV=(A09-A07) 
168,478,632  186,725,654 
 09   Total current liabilities  168,478,632  186,725,654 
  
    Noncurrent Liabilities        
 10   Long-term debt  8,220,000  8,220,000 
 11   Other noncurrent liabilities (CV)
CV
=(A12-A10) 
 12   Total noncurrent liabilities  8,220,000  8,220,000 
  
 13   Total liabilities (CV)
CV
=(A09+A12) 
176,698,632  194,945,654 
  
    Net Assets        
 14   Invested in capital assets, net of related debt  36,404,673  37,665,012 
 15   Restricted-expendable  9,044,755  9,145,298 
 16   Restricted-nonexpendable  35,753,155  35,628,368 
 17   Unrestricted (CV)
CV
=[A18-(A14+A15+A16)] 
197,532,650  198,648,138 
 18   Total Net assets (CV)
CV
=(A06-A13) 
278,735,233  281,086,816 
  
  
 CV= Calculated Value 
  
 CAVEATS 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part A - Plant, Property, and Equipment
 Fiscal Year 2004 
    Report in whole dollars only             
  
 Line No.   Description   Beginning
balance 
 Additions   Retirements
(CV) 
 Ending balance 
    Plant,Property, and Equipment             
  
 21   Land & land improvements  1,546,767  1,546,767 
 22   Infrastructure  371,550  371,550 
 23   Buildings  18,241,686  520,491  18,762,177 
 24   Equipment  47,715,449  4,618,054  1,223,489  51,110,014 
 25   Art and library collections  7,361  7,361 
 26   Property obtained under capital leases
(if not included in equipment) 
 27   Construction in progress  47,939  47,939 
 28   Accumulated depreciation  22,306,244  6,316,013  1,103,343  27,518,914 
  
    CV = (Beginning Balance + Additions - Ending Balance)       
  
 CAVEATS 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part B - Revenues and Other Additions
 Fiscal Year 2004 
    Report in whole dollars only       
  
 Line No.   Source of Funds   Current year amount   Prior year amount 
    Operating Revenues       
 01   Tuition & fees, after deducting discounts & allowances  -7,634  -8,750 
    Grants and contracts - operating       
 02   Federal operating grants and contracts  2,035,909  3,123,097 
 03   State operating grants and contracts  9,284,853  7,611,349 
 04   Local/private operating grants and contracts  3,572,882 
 05   Sales & services of auxiliary enterprises,
after deducting discounts & allowances 
1,588,488  1,412,102 
 06   Sales & services of hospitals,
after deducting patient contractual allowances 
 07   Independent operations 
 08   Other sources - operating (CV)
CV
=[B09-(B01+ ....+B07)] 
17,666,125  18,244,988 
 09   Total operating revenues  30,567,741  33,955,668 
  
  



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part B - Revenues and Other Additions
 Fiscal Year 2004 
    Report in whole dollars only        
  
 Line No.   Source of funds   Current year amount   Prior year amount 
    Nonoperating Revenues       
 10   Federal appropriations  7,843,116  8,027,589 
 11   State appropriations  54,805,039  45,963,760 
 12   Local appropriations, education district taxes, & similar support 
    Grants-nonoperating       
 13   Federal nonoperating grants 
 14   State nonoperating grants 
 15   Local nonoperating grants 
 16   Gifts, including contributions from affiliated organizations  758,190  128,626 
 17   Investment income  10,757,027  22,395,301 
 18   Other nonoperating revenues (CV)
CV
=[B19-(B10+...+B17)] 
278,220 
 19   Total nonoperating revenues  74,441,592  76,515,276 
  
  



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part B - Revenues and Other Additions
 Fiscal Year 2004 
    Report in whole dollars only       
  
 Line No.   Resource of funds   Current year amount   Prior year amount 
    Other Revenues and Additions         
 20   Capital appropriations 
 21   Capital grants & gifts 
 22   Additions to permanent endowments  13,925  80,850 
 23   Other revenues & additions (CV)
CV
=[B24-(B20+...+B22)] 
10,747,119 
 24   Total other revenues and additions  13,925  10,827,969 
  
 25   Total all revenues and other additions (CV)
CV
=(B09+B19+B24) 
105,023,258  121,298,913 
  
 CV = Calculated Value 
  
 CAVEATS 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part C - Expenses and Other Deductions
 Fiscal Year 2004 
    Report in whole
dollars only
  ††††††††††††††††††††††††††††††
              
       1   2   3   4   5 
 Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other  ††††††††††††††††††††
    Operating Expenses    
 01   Instruction  352,682  161,022  43,587  148,073 
 02   Research  430,540  25,902  4,342  400,296 
 03   Public service  59,263,800  26,447,621  7,297,782  25,518,397 
 05   Academic support  6,459,732  1,649,323  399,712  4,410,697 
 06   Student services  2,569,494  86,345  19,472  2,463,677 
 07   Institutional support  20,773,503  13,686,648  3,434,964  3,651,891 
 08   Operation & maintenance
of plant 
946,112  496,800  133,034  316,278 
 09   Depreciation  6,316,012        6,316,012   
 10   Scholarships and fellowships
expenses
, excluding discounts & allowances 
  
 11   Auxiliary enterprises  2,203,569  905,788  237,107  1,060,674 
 12   Hospital services 
 13   Independent operations 
 14   Other expenses
& deductions (CV)
CV=[C15-(C01+...+C13)] 
2,381,735  2,381,735 
 15   Total operating expenses  101,697,179  43,459,449  11,570,000  6,316,012  40,351,718 
     Prior year amount  107,236,100  42,936,501  10,819,725  5,706,777  47,773,097 
  
  



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part C - Expenses and Other Deductions
 Fiscal Year 2004 
    Report in whole dollars only  ††††††††††††††††††††††††††††††              
       1   2   3   4   5 
 Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other  ††††††††††††††††††††
    Nonoperating Expenses and
Deductions 
              
 16   Interest          
 17   Other nonoperating
expenses & deductions
(CV)
CV=(C18-C16) 
5,677,662  5,677,662 
 18   Total nonoperating
expenses & deductions (CV)
CV=(C19-C15) 
5,677,662  5,677,662 
  
 19   Total expenses & deductions  107,374,841  43,459,449  11,570,000  6,316,012  46,029,380 
     Prior year amount  110,321,583  42,936,501  10,819,725  5,706,777  50,858,580 
  
 CV = Calculated Value 
  
 CAVEATS 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part D - Summary of Changes In Net Assets
 Fiscal Year 2004 
  
 Line No.   Description   Current year amount   Prior year amount 
 01   Total revenues & other additions (from B25)  105,023,258  121,298,913 
  
 02   Total expenses & deductions (from C19)  107,374,841  110,321,583 
  
 03   Increase in net assets during year (CV)
CV=(D01-D02) 
-2,351,583  10,977,330 
 04   Net assets beginning of year  281,086,816  270,109,486 
 05   Adjustments to beginning net assets (CV)
CV=[D06-(D03+D04)] 
 06   Net assets end of year (from A18)  278,735,233  281,086,816 
  
 CV = Calculated Value 
  
 CAVEATS 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part E - Scholarships and Fellowships
 Part E - Scholarships and Fellowships
Fiscal Year 2004
 
    Report in whole dollars only       
  
 Line No.   Source   Current year amount   Prior year amount 
    Institutional Expenses and Discounts & Allowances       
    Gross Scholarships and Fellowships (no loans included)       
 01   Pell grants (federal) 
 02   Other federal grants 
 03   Grants by state government 
 04   Grants by local government 
 05   Institutional grants from restricted resources  7,634  8,750 
 06   Institutional grants from unrestricted resources (CV)
CV=[E07-(E01+...+E05)] 
 07   Total gross scholarships and fellowships  7,634  8,750 
  
    Discounts and Allowances       
 08   Discounts & allowances applied to tuition & fees  7,634 
 09   Discounts & allowances applied to sales & services of
auxiliary enterprises (CV)
CV= (E10-E08) 
8,750 
 10   Total Discounts & Allowances (CV)
CV=(E07-E11) 
7,634  8,750 
  
 11   Net scholarships and fellowships expenses after deducting
discount & allowances (from C10) 
  
 CV = Calculated Value 
  
 CAVEATS 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part H - Details of Endowment Assets
 Fiscal Year 2004
Report in whole dollars only 
 Line No.   Value of Endowment Assets   Market Value   Prior Year Amounts 
              
 01   Value of endowment assets at the beginning of the fiscal year  191,573,152 
 02   Value of endowment assets at the end of the fiscal year  151,239,066 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part J - Revenue Data for Bureau of Census
 Part J - Revenues (Census Bureau)
Fiscal Year 2004
 
 Source and type   Amount 
 Total for all funds
and operations
(includes
endowment funds,
but excludes component units) 
 Education and general/independent operations   Auxiliary enterprises    Hospitals    Agriculture extension/experiment services 
    (1)  †† (2)   (3)   (4)   (5) 
 01   Tuition and fees          
 02   Sales and services  1,636,372  37,564  1,588,488  10,320 
 03   Federal grants/contracts (excludes Pell Grants)  2,035,909  -322,315  2,358,224 
    Revenue from the state government: 
 04   State appropriations, current & capital  54,805,039  34,666,656  20,138,383 
 05   State grants and contracts  9,284,853  3,545,230  5,739,623 
    Revenue from local governments: 
 06   Local appropriation, current & capital 
 07   Local government grants/contracts 
 08   Receipts from property and non-property taxes     
 09   Gifts and private grants, including capital grants  772,115     
 10   Interest earnings  12,396,247     
 11   Dividend earnings     
 12   Realized capital gains  7,259,888     
  
 CAVEATS 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part K - Expenditure Data for Bureau of Census
 Part K - Expenditures
Fiscal Year 2004 
 Category   Amount 
 Total for all funds and operations (includes endowment funds, but excludes component units)   Education and general/
independent operations 
 Auxiliary enterprises   Hospitals    Agriculture extension/
experiment services 
    (1)   (2)   (3)   (4)   (5) 
 01   Salaries and wages  43,459,449  21,554,369  905,788  20,999,292 
 02   Employee benefits, total  11,569,999  5,470,610  237,107  5,862,282 
 03   Payment to state retirement funds (maybe included in line 02 above) 
 04   Current expenditures other than salaries  37,969,981  31,902,967  1,060,674  5,006,340 
    Capital outlay:    
 05   Construction  12,459  12,459 
 06   Equipment purchases  4,492,322  4,492,322 
 07   Land purchases 
 08   Interest on debt outstanding, all funds & activities     
 09   Scholarships/fellowships  7,634  7,634     
  
 CAVEATS 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part L - Debt and Assets, page 1
 Part L - Debt and Assets
Fiscal Year 2004

 
 Debt 
 Category   Amount 
 01   Long-term debt outstanding at beginning of fiscal year  8,220,000 
 02   Long-term debt issued during fiscal year 
 03   Long-term debt retired during fiscal year 
 04   Long-term debt outstanding at end of fiscal year  8,220,000 
 05   Short-term debt outstanding at beginning of fiscal year 
 06   Short-term debt outstanding at end of fiscal year 
  
 CAVEATS 
 



Institution: UNIVERSITY OF MISSOURI-SYSTEMS OFFICE (178439)User ID: 29c0011
Part L - Debt and Assets, page 2
 Part L - Debt and Assets 
 Assets 
 Category   Amount 
 07   Total cash and security assets held at end of fiscal year in sinking or debt service funds  297,778 
 08   Total cash and security assets held at end of fiscal year in bond funds 
 09   Total cash and security assets held at end of fiscal year in all other funds  346,336,203 
  
 CAVEATS