IPEDS Reporting Year Finance 2005-06 (2004-05 Data)

 
Institution: University of Missouri-Columbia (178396) 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-Columbia (178396) 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, 2005.) 
 Beginning: month/year (MMYYYY)   Month:   Year:  2004 
 And ending: month/year (MMYYYY)   Month:   Year:  2005 
 2. Audit Opinion 
 Did your institution receive an unqualified opinion on its General Purpose Financial Statements 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. If your institution participates in intercollegiate athletics, are the expenses accounted for as auxiliary enterprises or treated as student services? 
  
       Radio On  Auxiliary enterprises                 
       Radio Off  Student services                 
       Radio Off  Does not participate in intercollegiate athletics                 
       Radio Off  Other (specify in caveats box below)                 
 5. Does this institution or any of its foundations or other affiliated organizations own endowment assets ? 
       Radio On  Yes - (report endowment assets)                 
   Radio Off  No 
 6.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-Columbia (178396) User ID: 29C0011
Part A - Statement of Net Assets
 Fiscal Year 2005 
    Report in whole dollars only 
  
 Line no.      Current year amount   Prior year amount 
    Current Assets        
 01   Total Current Assets  395,023,768  336,254,819 
  
    Noncurrent Assets        
 02   Capital assets - depreciable (gross)  1,874,077,598  1,768,234,193 
 03   Accumulated depreciation (enter as a positive amount)  682,996,773  591,250,612 
 04   Other noncurrent assets (CV)
CV
=[A05-(A02-A03)] 
811,782,104  822,383,037 
 05   Total noncurrent assets  2,002,862,929  1,999,366,618 
  
 06   Total assets (CV)
CV
=(A01+A05) 
2,397,886,697  2,335,621,437 
  
    Current Liabilities        
 07   Long-term debt, current portion  10,211,127  8,926,350 
 08   Other current liabilities (CV)
CV=(A09-A07) 
277,744,362  264,731,858 
 09   Total current liabilities  287,955,489  273,658,208 
  
    Noncurrent Liabilities        
 10   Long-term debt  407,124,694  417,483,004 
 11   Other noncurrent liabilities (CV)
CV
=(A12-A10) 
12,687,499  12,848,004 
 12   Total noncurrent liabilities  419,812,193  430,331,008 
  
 13   Total liabilities (CV)
CV
=(A09+A12) 
707,767,682  703,989,216 
  
    Net Assets        
 14   Invested in capital assets, net of related debt  768,804,076  764,089,069 
 15   Restricted-expendable  188,484,641  203,951,221 
 16   Restricted-nonexpendable  335,046,784  301,551,441 
 17   Unrestricted (CV)
CV
=[A18-(A14+A15+A16)] 
397,783,514  362,040,490 
 18   Total Net assets (CV)
CV
=(A06-A13) 
1,690,119,015  1,631,632,221 
  
  
 CV= Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part A - Plant, Property, and Equipment
 Fiscal Year 2005 
    Report in whole dollars only             
  
 Line No.   Description   Beginning
balance 
 Additions   Retirements
(CV) 
 Ending balance 
    Plant,Property, and Equipment             
  
 21   Land & land improvements  26,691,787  148,239  26,840,026 
 22   Infrastructure  127,562,602  9,434,169  136,996,771 
 23   Buildings  1,051,617,477  133,492,130  1,185,109,607 
 24   Equipment  288,060,890  54,443,985  28,776,442  313,728,433 
 25   Art and library collections  110,774,693  4,861,893  115,636,586 
 26   Property obtained under capital leases
(if not included in equipment) 
 27   Construction in progress  166,903,313  4,267,127  75,404,265  95,766,175 
 28   Accumulated depreciation  653,146,490  67,339,630  37,489,347  682,996,773 
  
    CV = (Beginning Balance + Additions - Ending Balance)       
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part B - Revenues and Other Additions
 Fiscal Year 2005 
    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  173,592,567  151,138,450 
    Grants and contracts - operating       
 02   Federal operating grants and contracts  127,518,247  105,652,159 
 03   State operating grants and contracts  28,553,504  16,323,196 
 04   Local/private operating grants and contracts  31,420,831  26,737,316 
 05   Sales & services of auxiliary enterprises,
after deducting discounts & allowances 
242,954,535  222,481,659 
 06   Sales & services of hospitals,
after deducting patient contractual allowances 
479,731,956  409,556,947 
 07   Independent operations 
 08   Other sources - operating (CV)
CV
=[B09-(B01+ ....+B07)] 
66,546,099  64,651,594 
 09   Total operating revenues  1,150,317,739  996,541,321 
  
  
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part B - Revenues and Other Additions
 Fiscal Year 2005 
    Report in whole dollars only        
  
 Line No.   Source of funds   Current year amount   Prior year amount 
    Nonoperating Revenues       
 10   Federal appropriations  15,776,010  6,758,848 
 11   State appropriations  222,854,828  202,417,123 
 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  48,079,890  30,339,658 
 17   Investment income  44,422,593  59,496,873 
 18   Other nonoperating revenues (CV)
CV
=[B19-(B10+...+B17)] 
4,186,716 
 19   Total nonoperating revenues  331,133,321  303,199,218 
  
  
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part B - Revenues and Other Additions
 Fiscal Year 2005 
    Report in whole dollars only       
  
 Line No.   Resource of funds   Current year amount   Prior year amount 
    Other Revenues and Additions         
 20   Capital appropriations  668,445  52,439,681 
 21   Capital grants & gifts  7,438,015  44,270,733 
 22   Additions to permanent endowments  16,736,014  11,853,224 
 23   Other revenues & additions (CV)
CV
=[B24-(B20+...+B22)] 
 24   Total other revenues and additions  24,842,474  108,563,638 
  
 25   Total all revenues and other additions (CV)
CV
=(B09+B19+B24) 
1,506,293,534  1,408,304,177 
  
 CV = Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part C - Expenses and Other Deductions
 Fiscal Year 2005 
    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  193,409,259  146,732,266  32,602,289  14,074,704 
 02   Research  142,518,623  72,019,078  15,043,510  55,456,035 
 03   Public service  84,770,674  47,883,273  11,656,162  25,231,239 
 05   Academic support  52,719,353  36,472,167  8,780,015  7,467,171 
 06   Student services  28,588,043  17,013,699  4,047,680  7,526,664 
 07   Institutional support  43,600,015  34,980,627  8,619,388 
 08   Operation & maintenance
of plant 
39,261,929  15,143,798  3,905,504  20,212,627 
 09   Depreciation  67,339,630        67,339,630   
 10   Scholarships and fellowships
expenses
, excluding discounts & allowances (do not include work study here) 
15,777,000     15,777,000 
 11   Auxiliary enterprises  662,506,434  281,082,906  67,322,823  314,100,705 
 12   Hospital services 
 13   Independent operations 
 14   Other expenses
& deductions (CV)
CV=[C15-(C01+...+C13)] 
 15   Total operating expenses  1,330,490,960  651,327,814  151,977,371  67,339,630  459,846,145 
     Prior year amount  1,164,847,271  580,390,072  137,407,232  55,609,394  391,440,573 
  
  
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part C - Expenses and Other Deductions
 Fiscal Year 2005 
    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  18,714,321           18,714,321 
 17   Other nonoperating
expenses & deductions (CV)

CV=(C18-C16) 
8,598,442  8,598,442 
 18   Total nonoperating
expenses & deductions (CV)
CV=(C19-C15) 
27,312,763  27,312,763 
  
 19   Total expenses & deductions  1,357,803,723  651,327,814  151,977,371  67,339,630  487,158,908 
     Prior year amount  1,183,806,953  580,390,072  137,407,232  55,609,394  410,400,255 
  
 CV = Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part D - Summary of Changes In Net Assets
 Fiscal Year 2005 
  
 Line No.   Description   Current year amount   Prior year amount 
 01   Total revenues & other additions (from B25)  1,506,293,534  1,408,304,177 
  
 02   Total expenses & deductions (from C19)  1,357,803,723  1,183,806,953 
  
 03   Increase in net assets during year (CV)
CV=(D01-D02) 
148,489,811  224,497,224 
 04   Net assets beginning of year  1,541,629,204  1,407,134,996 
 05   Adjustments to beginning net assets (CV)
CV=[D06-(D03+D04)] 
 06   Net assets end of year (from A18)  1,690,119,015  1,631,632,221 
  
 CV = Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part E - Scholarships and Fellowships
 Part E - Scholarships and Fellowships
Fiscal Year 2005
 
    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)  8,359,288  8,211,809 
 02   Other federal grants  4,183,635  4,013,959 
 03   Grants by state government  8,524,906  9,397,342 
 04   Grants by local government 
 05   Institutional grants from restricted resources  15,350,919  14,204,107 
 06   Institutional grants from unrestricted resources (CV)
CV=[E07-(E01+...+E05)] 
46,358,232  37,611,074 
 07   Total gross scholarships and fellowships  82,776,980  73,438,291 
  
    Discounts and Allowances       
 08   Discounts & allowances applied to tuition & fees  58,821,294  56,435,069 
 09   Discounts & allowances applied to sales & services of
auxiliary enterprises (CV)
CV= (E10-E08) 
8,178,686  3,711,222 
 10   Total Discounts & Allowances (CV)
CV=(E07-E11) 
66,999,980  60,146,291 
  
 11   Net scholarships and fellowships expenses after deducting
discount & allowances (from C10) 
15,777,000  13,292,000 
  
 CV = Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part H - Details of Endowment Assets
 Fiscal Year 2005
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  440,800,978  379,173,827 
 02   Value of endowment assets at the end of the fiscal year  507,885,811  438,870,064 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part J - Revenue Data for Bureau of Census
 Part J - Revenues (Census Bureau)
Fiscal Year 2005
 
 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  232,413,861  232,413,861          
 02   Sales and services  744,511,019  13,633,996  251,133,221  479,731,956  11,846 
 03   Federal grants/contracts (excludes Pell Grants)  127,518,247  126,254,657  1,263,590 
    Revenue from the state government: 
 04   State appropriations, current & capital  223,523,273  184,231,145  21,144,910  18,147,218 
 05   State grants and contracts  28,553,504  22,816,305  5,737,199 
    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  103,674,750     
 10   Interest earnings  22,768,758     
 11   Dividend earnings     
 12   Realized capital gains  23,545,871     
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part K - Expenditure Data for Bureau of Census
 Part K - Expenditures
Fiscal Year 2005 
 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  651,327,815  349,702,206  281,082,906  20,542,703 
 02   Employee benefits, total  151,977,373  79,452,246  67,322,823  5,202,304 
 03   Payment to state retirement funds (maybe included in line 02 above) 
 04   Current expenditures other than salaries  438,528,685  119,587,286  314,100,705  4,840,694 
    Capital outlay:    
 05   Construction  70,730,371  70,730,371 
 06   Equipment purchases  89,624,842  54,240,751  35,352,459  31,632 
 07   Land purchases  148,239  148,239 
 08   Interest on debt outstanding, all funds & activities  18,714,321     
 09   Scholarships/fellowships  82,776,980  82,776,980     
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part L - Debt and Assets, page 1
 Part L - Debt and Assets
Fiscal Year 2005

 
 Debt 
 Category   Amount 
 01   Long-term debt outstanding at beginning of fiscal year  417,483,004 
 02   Long-term debt issued during fiscal year 
 03   Long-term debt retired during fiscal year  10,358,311 
 04   Long-term debt outstanding at end of fiscal year  407,124,693 
 05   Short-term debt outstanding at beginning of fiscal year  8,926,350 
 06   Short-term debt outstanding at end of fiscal year  10,211,127 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Part L - Debt and Assets, page 2
 Part L - Debt and Assets (page 2)
Fiscal Year 2005
 
 Assets 
 Category   Amount 
 07   Total cash and security assets held at end of fiscal year in sinking or debt service funds  4,067,076 
 08   Total cash and security assets held at end of fiscal year in bond funds  1,162,677 
 09   Total cash and security assets held at end of fiscal year in all other funds  937,340,372 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Columbia (178396) User ID: 29C0011
Explanation Report
Number Source Location Description Severity Accepted
Global Edits
1 Perform Edits   Depreciation expense is expected to be greater than or equal to the accumulated depreciation minus prior years accumulated depreciation in Part A. Please fix or explain. Explanation Yes
Reason: In 2005 items were discovered that required we restate certain balances in the prior year. The 2004 numbers shown are as they were reported in 2004 and do not reflect the restatement.