Finance 2003-04

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Finance - Public institutions
Reporting Standard   Please indicate which reporting standards are used to prepare your financial statements:            GASB (Governmental Accounting Standard Board), using standards of GASB 34 & 35            GASB (Governmental Accounting Standard Board), using standards prior to GASB 34      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: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
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, 2003.)   Beginning: month/year (MMYYYY)   Month:  7   Year:  2002   And ending: month/year (MMYYYY)   Month:  6   Year:  2003   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.)          Yes   No   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 ?           Business Type Activities      Governmental Activities      Governmental Activities with Business-Type Activities   4. Does this institution or any of its foundations or other affiliated organizations own endowment assets ?          Yes - (report endowment assets)                      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 institution’s GPFS. There should be one Finance Survey component unit form (Part F or G) completed for each column on the face of the GPFS, whether that column represents a single component unit or a combination of component units. (These component units include affiliated entities as described in GASB statement 39. The provisions of GASB 39 are not required to be implemented until fiscal years beginning after June 15, 2003, therefore no information is required on this portion of the survey until the institution implements the revised component unit definitions set forth in this new standard. If your institution has not implemented GASB 39, enter 0 in each of the blanks below.)         0   Number of component unit columns on GPFS using FASB standards     0   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:         This Finance Survey form is for an institution that is NOT part of a system         This Finance Survey form is for an institution that is part of a system      Name of the system is:  Indiana University         This Finance Survey form is for a system (or governing board) office   Caveats:

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part A - Statement of Net Assets
Fiscal Year 2003      Report in whole dollars only      Line no.      Current year amount   Prior year amount      Current Assets          01   Total Current Assets  27,648,578  14,839,184         Noncurrent Assets          02   Capital assets - depreciable (gross)  93,831,091  98,153,729   03   Accumulated depreciation (enter as a positive amount)  31,161,189  33,067,096   04   Other noncurrent assets (CV) CV=[A05-(A02-A03)]  2,153,962  3,304,027   05   Total noncurrent assets  64,823,864  68,390,660      06   Total assets (CV) CV=(A01+A05)  92,472,442  83,229,844         Current Liabilities          07   Long-term debt, current portion  2,897,389  2,757,757   08   Other current liabilities (CV) CV=(A09-A07)  7,553,953  5,966,582   09   Total current liabilities  10,451,342  8,724,339         Noncurrent Liabilities          10   Long-term debt  37,511,452  40,408,840   11   Other noncurrent liabilities (CV) CV=(A12-A10)  1,475,150  1,298,063   12   Total noncurrent liabilities  38,986,602  41,706,903      13   Total liabilities (CV) CV=(A09+A12)  49,437,944  50,431,242         Net Assets          14   Invested in capital assets, net of related debt  23,439,633  21,173,814   15   Restricted-expendable  9,871,387  5,590,803   16   Restricted-nonexpendable  8,594  8,894   17   Unrestricted (CV) CV=[A18-(A14+A15+A16)]  9,714,884  6,025,091   18   Total Net assets (CV) CV=(A06-A13)  43,034,498  32,798,602         CV= Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part A - Plant, Property, and Equipment
Fiscal Year 2003      Report in whole dollars only                  Line No.   Description   Beginning balance   Additions   Retirements (CV)   Ending balance      Plant,Property, and Equipment                  21   Land & land improvements  4,150,744  287,045  1  4,437,788   22   Infrastructure  2,266,140    0  2,266,140   23   Buildings  78,264,715  228,915  1  78,493,629   24   Equipment  8,980,882  41,537  6,434,056  2,588,363   25   Art and library collections  4,425,002  622,217  0  5,047,219   26   Property obtained under capital leases (if not included in equipment)  0    0     27   Construction in progress  66,247  931,705  0  997,952   28   Accumulated depreciation  33,067,096  2,621,513  4,527,420  31,161,189         CV = (Beginning Balance + Additions - Ending Balance)            CAVEATS

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part B - Revenues and Other Additions
Fiscal Year 2003      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  21,559,437  19,203,957      Grants and contracts - operating         02   Federal operating grants and contracts  4,943,687  3,830,045   03   State operating grants and contracts  71,078  95,723   04   Local/private operating grants and contracts  427,199  835,546   05   Sales & services of auxiliary enterprises, after deducting discounts & allowances  5,585,392  4,756,166   06   Sales & services of hospitals, after deducting patient contractual allowances    0   07   Independent operations    0   08   Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]  2,971,923  1,737,932   09   Total operating revenues  35,558,716  30,459,369

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part B - Revenues and Other Additions
Fiscal Year 2003      Report in whole dollars only             Line No.   Source of funds   Current year amount   Prior year amount      Nonoperating Revenues         10   Federal appropriations    0   11   State appropriations  26,059,332  26,092,130   12   Local appropriations, education district taxes, & similar support    0      Grants-nonoperating         13   Federal nonoperating grants    0   14   State nonoperating grants    0   15   Local nonoperating grants    0   16   Gifts, including contributions from affiliated organizations  392,657  87,124   17   Investment income  211,337  276,990   18   Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]  6,506,019  2,518,334   19   Total nonoperating revenues  33,169,345  28,974,578

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part B - Revenues and Other Additions
Fiscal Year 2003      Report in whole dollars only            Line No.   Resource of funds   Current year amount   Prior year amount      Other Revenues and Additions           20   Capital appropriations    0   21   Capital grants & gifts  5,000  2,908   22   Additions to permanent endowments  25  25   23   Other revenues & additions (CV) CV=[B24-(B20+...+B22)]  0  0   24   Total other revenues and additions  5,025  2,933      25   Total all revenues and other additions (CV) CV=(B09+B19+B24)  68,733,086  59,436,880      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part C - Expenses and Other Deductions
Fiscal Year 2003      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  26,254,086  17,656,860  5,435,785    3,161,441   02   Research  756,661  368,408  113,417    274,836   03   Public service  615,322  295,394  90,939    228,989   05   Academic support  3,827,620  2,077,474  639,564    1,110,582   06   Student services  1,536,598  858,675  264,349    413,574   07   Institutional support  6,368,458  1,947,861  599,662    3,820,935   08   Operation & maintenance of plant  4,328,236  1,188,406  365,859    2,773,971   09   Depreciation  2,843,187        2,843,187     10   Scholarships and fellowships expenses, excluding discounts & allowances  2,971,158  246,014  75,737    2,649,407   11   Auxiliary enterprises  5,026,443  3,014,523  928,041    1,083,879   12   Hospital services          0   13   Independent operations          0   14   Other expenses & deductions (CV) CV=[C15-(C01+...+C13)]  0  0  0  0  0   15   Total operating expenses  54,527,769  27,653,615  8,513,353  2,843,187  15,517,614       Prior year amount  66,614,830  26,534,886  7,675,195  3,429,250  28,975,499

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part C - Expenses and Other Deductions
Fiscal Year 2003      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  2,811,694           2,811,694   17   Other nonoperating expenses & deductions (CV) CV=(C18-C16)  0  0  0  0  0   18   Total nonoperating expenses & deductions (CV) CV=(C19-C15)  2,811,694  0  0  0  2,811,694      19   Total expenses & deductions  57,339,463  27,653,615  8,513,353  2,843,187  18,329,308       Prior year amount  68,336,622  26,534,886  7,675,195  3,429,250  30,697,291      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part D - Summary of Changes In Net Assets
Fiscal Year 2003      Line No.   Description   Current year amount   Prior year amount   01   Total revenues & other additions (from B25)  68,733,086  59,436,880      02   Total expenses & deductions (from C19)  57,339,463  68,336,622      03   Increase in net assets during year (CV) CV=(D01-D02)  11,393,623  -8,899,742   04   Net assets beginning of year  33,545,384  41,698,344   05   Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]  -1,904,509  0   06   Net assets end of year (from A18)  43,034,498  32,798,602      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part E - Scholarships and Fellowships
Part E - Scholarships and Fellowships Fiscal Year 2003      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)  4,407,885  3,471,474   02   Other federal grants  196,442  301,879   03   Grants by state government    0   04   Grants by local government    0   05   Institutional grants from restricted resources  286,003  121,689   06   Institutional grants from unrestricted resources (CV) CV=[E07-(E01+...+E05)]  490,228  1,326,608   07   Total gross scholarships and fellowships  5,380,558  5,221,650         Discounts and Allowances         08   Discounts & allowances applied to tuition & fees  2,409,400  1,921,635   09   Discounts & allowances applied to sales & services of auxiliary enterprises (CV) CV= (E10-E08)  0  291,788   10   Total Discounts & Allowances (CV) CV=(E07-E11)  2,409,400  2,213,423      11   Net scholarships and fellowships expenses after deducting discount & allowances (from C10)  2,971,158  3,008,227      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part H - Details of Endowment Assets
Fiscal Year 2003 (Optional for current reporting cycle) Report in whole dollars only   Line No.   Value of Endowment Assets   Market Value   Prior Year Amounts           (2)       01   Value of endowment assets at the beginning of the fiscal year  330,600     02   Value of endowment assets at the end of the fiscal year  318,494

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau) Fiscal Year 2003    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  23,968,837  23,968,837            02   Sales and services      5,585,392       03   Federal grants/contracts (excludes Pell Grants)                Revenue from the state government:   04   State appropriations, current & capital             05   State grants and contracts                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         10   Interest earnings         11   Dividend earnings         12   Realized capital gains            CAVEATS

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part K - Expenditure Data for Bureau of Census
Part K - Expenditures   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      3,014,523       02   Employee benefits, total      928,041       03   Payment to state retirement funds             04   Current expenditures other than salaries                Capital outlay:      05   Construction             06   Equipment purchases             07   Land purchases             08   Interest on debt outstanding, all funds & activities         09   Scholarships/fellowships  5,380,558  5,380,558          CAVEATS

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
Part L - Debt and Assets, page 1
Part L - Debt and Assets Fiscal Year 2003    Debt   Category   Amount   01   Long-term debt outstanding at beginning of fiscal year  3,150,000   02   Long-term debt issued during fiscal year     03   Long-term debt retired during fiscal year  179,000   04   Long-term debt outstanding at end of fiscal year  2,961,000   05   Short-term debt outstanding at beginning of fiscal year  179,000   06   Short-term debt outstanding at end of fiscal year  189,000      CAVEATS

Institution: INDIANA UNIVERSITY-SOUTH BEND (151342)	User ID: P31513421
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  8   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  12, 781,440      CAVEATS