University of Oregon 2019 Annual Financial Report slide image

University of Oregon 2019 Annual Financial Report

Statement of Revenues, Expenses, and Changes in Net Position For the Year Ended June 30, OPERATING REVENUES University 2019 2018 (In thousands) Student Tuition and Fees (Net of Allowances of $83,232 and $77,945, respectively) Federal Grants and Contracts State and Local Grants and Contracts Nongovernmental Grants and Contracts Educational Department Sales and Services Auxiliary Enterprises Revenues (Net of Allowances of $6,982 and $6,244 respectively) Other Operating Revenues Total Operating Revenues OPERATING EXPENSES Instruction Research Public Service Academic Support Student Services $ 385,387 $ 389,405 98,482 93,077 3,197 3,015 22,007 20,230 16,679 15,976 209,393 204,650 9,015 13,750 744,160 740,103 Auxiliary Programs Institutional Support Operation and Maintenance of Plant Student Aid Other Operating Expenses Change in Components of Net Pension & OPEB Liabilities (Notes 13 and 14) Total Operating Expenses Operating Loss 293,053 279,573 81,412 70,233 50,695 47,680 68,384 63,995 48,299 44,707 209,328 192,529 74,681 69,856 53,072 54,632 37,247 37,677 39,737 38,850 11,921 55,635 967,829 955,367 (223,669) (215,264) NONOPERATING REVENUES (EXPENSES) Government Appropriations Financial Aid Grants Investment Activity Gain (Loss) on Sale of Assets, Net Interest Expense Other Nonoperating Items Net Nonoperating Revenues 72,425 70,726 36,083 32,348 30,325 21,913 735 (5,802) (32,434) (32,544) 84,358 72,116 191,492 158,757 (32,177) (56,507) Loss Before Net Capital Additions and Special Items CAPITAL ADDITIONS (DEDUCTIONS) AND SPECIAL ITEMS Debt Service Appropriations 1,972 1,972 Capital Grants and Gifts 141,230 46,383 Perkins Loan Program Termination (19,287) Net Capital Additions and Special Items 123,915 48,355 Increase (Decrease) In Net Position NET POSITION 91,738 (8,152) Beginning Balance (Previously Reported) 849,550 872,306 Restatement from Implementation of GASB 75 (Note 2) Beginning Balance (Restated) (14,604) 849,550 857,702 Ending Balance $ 941,288 $ 849,550 The accompanying notes are an integral part of these financial statements. 18 University of Oregon
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