North Carolina State University

IPEDS FINANCE SURVEY

2007-08

Part A - Statement of Net Assets
Fiscal Year 2008
REPORT IN WHOLE DOLLARS ONLY
 Line No. Current Year Amount
Current Assets
01 Total Current Assets 295,569,877
Noncurrent Assets
02 Capital Assets-depreciable (gross) 1,658,390,630
03 Accumulated depreciation 518,702,506
04 Other noncurrent assets 572,572,923
05 Total noncurrent assets 1,712,261,047
06 Total assets 2,007,830,924
Current Liabilities
07 Long-term debt, current portion 8,495,461
08 Other current liabilities 162,793,782
09 Total current liabilities 171,289,243
Noncurrent Liabilities
10 Long-term debt 183,546,912
11 Other noncurrent liabilities 213,551,298
12 Total noncurrent liabilities 397,098,210
13 Total liabilities 568,387,453
Net Assets
14 Invested in capital assets, net of related debt 1,012,649,706
15 Restricted-expendable 220,658,992
16 Restricted-nonexpendable 62,979,401
17 Unrestricted 143,155,372
18 Total net assets 1,439,443,471

 

Part A - Plant, Property, and Equipment
Fiscal Year 2008
REPORT IN WHOLE DOLLARS ONLY
Line No. Beginning balance Additions Retirements Ending balance
Description
  Property, Plant, and Equipment        
21 Land and land improvements 23,578,371 1,035,748 0 24,614,119
22 Infrastructure 116,082,143 8,478,023 0 124,560,166
23 Buildings 1,127,685,467 167,101,885 3,807,906 1,290,979,446
24 Equipment 226,625,994 29,080,388 12,855,364 242,851,018
25 Art and library collections 0
26 Property obtained under capital leases (if not included in equipment) 0
27 Construction in Progress 154,018,144 76,371,754 115,405,063 114,984,835
28 Accumulated depreciation 477,048,146 54,609,498 12,955,138 518,702,506

 

Part B - Revenues and Other Additions
Fiscal Year 2008
REPORT IN WHOLE DOLLARS ONLY
Line No. Current Year Amount
Source of Funds
Operating Revenues
01 Tuition & fees, after deducting discounts and allowances 164,451,205
Grants and contracts - operating:
02 Federal operating grants and contracts 101,734,556
03 State operating grants and contracts 35,969,550
04 Local/private operating grants and contracts 49,207,697
05 Sales & services of auxiliary enterprises, after deducting discounts and allowances 113,319,341
06 Sales & services of hospitals, after deducting discounts and allowances
07 Independent Operations
08 Other Sources 61,036,430
09 Total operating revenues 525,718,779
Nonoperating Revenues
10 Federal appropriations 22,231,598
11 State appropriations 487,744,042
12 Local appropriations, education district taxes
Grants - nonoperating
13 Federal nonoperating grants 13,728,499
14 State nonoperating grants 474,620
15 Local nonoperating grants 26
16 Gifts, including contributions from affiliated organizations 51,985,828
17 Investment income (3,089,367)
18 Other nonoperating revenues 0
19 Total nonoperating revenues 573,075,246
Other Revenues and Additions
20 Capital appropriations 38,064,500
21 Capital grants and gifts 38,324,980
22 Additions to permanent endowments 5,539,285
23 Other revenues and additions 0
24 Total other revenues and additions 81,928,765
25 Total all revenues and other additions 1,180,722,790

 

Part C - Expenses and Other Deductions
Fiscal Year 2008
REPORT IN WHOLE DOLLARS ONLY
Line No. Current year total Salaries and wages Employee fringe benefits Depreciation All other
Description
Operating Expenses
01 Instruction 323,796,207 222,810,938 47,865,459 53,119,810
02 Research 214,367,952 123,066,634 24,058,879 67,242,439
03 Public service 124,961,593 69,970,476 16,749,421 38,241,696
05 Academic support 71,348,122 32,243,990 7,080,135 32,023,997
06 Student services 19,415,350 10,328,875 2,341,799 6,744,676
07 Institutional support  63,516,158 40,509,493 8,827,460 14,179,205
08 Operation and maintenance of plant 83,412,963 25,648,963 7,216,097 50,547,903
09 Depreciation 54,609,498 54,609,498 0
10 Scholarships and fellowships expenses, excluding discounts and allowances 28,574,649 28,574,649
11 Auxiliary enterprises 118,124,544 36,844,922 8,593,747 72,685,875
12 Hospital services 0
13 Independent operations 0
14 Other expenses and deductions 0 0 0 0 0
15 Total operating expenses 1,102,127,036 561,424,291 122,732,997 54,609,498 363,360,250
Nonoperating Expenses and Deductions
16 Interest 9,280,120 9,280,120
17 Other nonoperating expenses and deductions 1,649,737 0 0 0 1,649,737
18 Total nonoperating expenses and deductions 10,929,857 0 0 0 10,929,857
19 Total expenses and deductions 1,113,056,893 561,424,291 122,732,997 54,609,498 374,290,107

 

Part D - Summary of Changes in Net Assets
Fiscal Year 2008
REPORT IN WHOLE DOLLARS ONLY
Line No. Current year amount
Description
01 Total revenues and other additions 1,180,722,790
02 Total expenses and deductions 1,113,056,893
03 Increase in net assets 67,665,897
04 Net assets beginning of the year 1,371,777,574
05 Adjustments to beginning net assets 0
06 Net assets end of the year 1,439,443,471

 

Part E - Scholarships and Fellowships
Fiscal Year 2008
REPORT IN WHOLE DOLLARS ONLY
Line No. Current year amount
Source
Institutional Expenses and/or Discounts and Allowances
Gross Scholarships and Fellowships (no loans included)
01 Pell grants (federal) 11,357,151
02 Other federal grants 7,547,203
03 Grants by state government 788,239
04 Grants by local government 1,581
05 Institutional grants from restricted resources 20,191,360
06 Institutional grants from unrestricted resources 29,374,015
07 Total gross scholarships and fellowships 69,259,549
Discounts and Allowances
08 Discounts and allowances applied to tuition and fees 32,159,088
09 Discounts and allowances applied to sales and services of auxiliary enterprises 8,525,812
10 Total Discounts and Allowances 40,684,900
11 Net scholarships and fellowships expenses after deducting discounts and allowances 28,574,649

 

Part F - GASB Component Unit that Uses FASB Standards
Fiscal Year 2008
REPORT IN WHOLE DOLLARS ONLY
The website will require that you list the names and purposes of each of your GASB 39 reported affiliated entities.  However, I will not require this information for this spreadsheet.  I will use your financials statements for this information.  You do need to make sure that you supply this information to your key holder for the website submission.
Line No. ALL GASB 39 REPORTED ENTITIES COMBINED Current year amount
Statement of Financial Position
01 Long-term investments 101,450,796
02 Other assets 147,402,447
03 Total assets 248,853,243
04 Total liabilities 76,098,280
Net Assets
05 Temporarily restricted 79,639,801
06 Permanently restricted 67,595,032
07 Unrestricted 25,520,130
08 Total net assets 172,754,963
Statement of Activities
09 Investment return (9,081,047)
10 Other revenues, gains, & other support 51,526,444
11 Total revenues, gains, & other support 42,445,397
12 Total expenses 33,462,533
12a Expenses paid to institution (included in 12) 13,290,395
13 Total losses 0
14 Total expenses and losses 33,462,533
15 Change in net assets 8,982,864
16 Net assets-beginning of year 163,772,099
17 Adjustments to beginning net assets 0
18 Net assets-end of year 172,754,963

 

Part G - GASB Component Unit that Uses GASB Standards
Fiscal Year 2008
This section will not be applicable to us because we do not report any component units on the face of our financial statements that apply GASB standards.  For the schools that blend their foundations, these are not considered component units for reporting within this section.  For this section, component units are displayed within a separate column(s) on the face of the financial statements.

 

Part H - Details of Endowment Assets
Fiscal Year 2008
REPORT IN WHOLE DOLLARS ONLY
Line No. Market Value
Value of Endowment Assets
01 Value of endowment assets at the beg. of the fiscal year 173,193,120
02 Value of endowment assets at the end of the fiscal year 161,207,601

 

Part J - Revenues
Amount (WHOLE DOLLARS ONLY)
Source and type Total for all funds and operations (includes endowment funds, but excludes component units)    (1) Education and general / independent operations                      (2) Auxiliary enterprises         (3) Hospitals            (4) Agriculture extension / experiment services               (5)
01 Tuition and fees
02 Sales and services 49,068,210 1,946,747
03 Federal grants/contracts (excludes Pell grants) 104,105,904
Revenue from the state government:
04    State appropriations, current and capital 415,546,205 110,262,337
05    State grants and contracts 36,478,073
Revenue form local governments:
06    Local appropriations, current and capital
07    Local government grants and contracts 562,994 75,000
08    Receipts from property and non-property taxes
09 Gifts and private grants, including capital grants 136,059,947
10 Interest earnings 11,792,452
11 Dividend earnings 2,936,287
12 Realized capital gains (2,978,085)
NOTE: Report only in the nonshaded blocks.  Information for shaded blocks is obtained from other parts of this form or is not applicable.  All unshaded blocks must be completed.

 

Part K - Expenditures
Amount (WHOLE DOLLARS ONLY)
Category Total for all funds and operations (includes endowment funds, but excludes component units)    (1) Education and general / independent operations                      (2) Auxiliary enterprises         (3) Hospitals            (4) Agriculture extension / experiment services               (5)
01 Salaries and wages 435,306,433 88,939,939
02 Employee benefits, total 93,866,788 20,605,459
03 Payment to state retirement funds 15,365,014 2,296,955 4,496,370
04 Current expenditures other than salaries 244,694,514 73,335,875 16,755,212
Capital outlay:
05    Construction 91,684,805 17,891,685 6,132,076
06    Equipment Purchases 16,580,037 1,114,383 7,262,643
07    Land Purchases 1,035,748
08 Interest on debt outstanding, all funds and activities 9,560,015
09 Scholarships/fellowships
NOTE: Report only in the nonshaded blocks.  Information for shaded blocks is obtained from other parts of this form or is not applicable.  All unshaded blocks must be completed.

 

Part L - Debt and Assets (WHOLE
DOLLARS)
Category Amount
Debt
01 Long-term debt outstanding at beginning of fiscal year 200,704,206
02 Long-term debt issued during fiscal year
03 Long-term debt retired during fiscal year 9,617,294
04 Long-tem debt outstanding at end of fiscal year 191,086,912
05 Short-term debt outstanding at beginning of fiscal year 80,000,000
06 Short-term debt outstanding at end of fiscal year 75,500,000
Assets
07 Total cash and securities held at end of fiscal year in sinking or debt service funds 4,250,767
08 Total cash and security assets held at end of fiscal year in bond funds 0
09 Total cash and security assets held at end of fiscal year in all other funds 486,807,188

 

Note: This section is for UNCGA use and is not part of the federal  IPEDS submission.
Part M - State Appropriation Reconciliation (WHOLE
DOLLARS)
Amount
01 State appropriation expended per BD701 487,744,042
02 Less: Disaster Reserve Transfer (if applicable)
03 Net state appropriation 487,744,042
04 Net state appropriation per Part B, Line 11 above 487,744,042
05 Difference (Please explain below) 0