Statement of Revenues, Expenses and
Changes in Fund Net Position
Proprietary Funds
For the Fiscal Year Ended June 30, 2016
(Expressed in Thousands)
Business-Type Activities
Enterprise Funds
University of
Connecticut &
Health Center
Board of
Regents
Employment
Security
Operating Revenues
Charges for Sales and Services (Net of allowances & discounts $216,447) $1,121,441 $473,054 $-
Assessments - - 810,211
Federal Grants, Contracts, and Other Aid 189,287 141,202 118,395
State Grants, Contracts, and Other Aid 35,135 23,616 14,036
Private Gifts and Grants 46,606 7,663 -
Interest on Loans - - -
Other 100,735 24,564 122,589
Total Operating Revenues 1,493,204 670,099 1,065,231
Operating Expenses
Salaries, Wages, and Administrative 2,010,765 1,189,972 -
Unemployment Compensation - - 686,494
Claims Paid - - -
Depreciation and Amortization 109,151 93,906 -
Other 123,772 68,497 -
Total Operating Expenses 2,243,688 1,352,375 686,494
Operating Income (Loss) (750,484) (682,276) 378,737
Nonoperating Revenue (Expenses)
Interest and Investment Income 1,598 1,968 -
Interest and Fiscal Charges (11,523) (10,147) -
Other - Net 62,539 6,780 -
Total Nonoperating Revenues (Expenses) 52,614 (1,399) -
Income (Loss) Before Capital Contributions, Grants,
and Transfers (697,870) (683,675) 378,737
Capital Contributions 5,071 955 -
Federal Capitalization Grants - - -
Transfers In 970,992 794,042 -
Transfers Out - (5,900) (18,503)
Change in Net Position 278,193 105,422 360,234
Total Net Position (Deficit) - Beginning (as restated) 2,429,864 1,933,415 229,004
Total Net Position (Deficit) - Ending $2,708,057 $2,038,837 $589,238

Business-Type Activities
Enterprise Funds
Governmental
Activities
Clean
Water
Other
Funds
Totals Internal
Service
Funds
Operating Revenues
Charges for Sales and Services (Net of allowances & discounts $216,447) $- $26,667 $1,621,162 $55,821
Assessments - 39,799 850,010 -
Federal Grants, Contracts, and Other Aid - - 448,884 -
State Grants, Contracts, and Other Aid - - 72,787 -
Private Gifts and Grants - - 54,269 -
Interest on Loans 20,979 2,721 23,700 -
Other - 649 248,537 153
Total Operating Revenues 20,979 69,836 3,319,349 55,974
Operating Expenses
Salaries, Wages, and Administrative 925 18,669 3,220,331 35,124
Unemployment Compensation - - 686,494 -
Claims Paid - 26,546 26,546 -
Depreciation and Amortization - 1,140 204,197 17,754
Other - 1,701 193,970 -
Total Operating Expenses 925 48,056 4,331,538 52,878
Operating Income (Loss) 20,054 21,780 (1,012,189) 3,096
Nonoperating Revenue (Expenses)
Interest and Investment Income 8,055 879 12,500 437
Interest and Fiscal Charges (37,444) (6,071) (65,185) -
Other - Net 6,626 (11,630) 64,315 (2,648)
Total Nonoperating Revenues (Expenses) (22,763) (16,822) 11,630 (2,211)
Income (Loss) Before Capital Contributions, Grants,
and Transfers (2,709) 4,958 (1,000,559) 885
Capital Contributions - - 6,026 -
Federal Capitalization Grants 10,475 7,845 18,320 -
Transfers In 1,589 4,075 1,770,698 -
Transfers Out - - (24,403) -
Change in Net Position 9,355 16,878 770,082 885
Total Net Position (Deficit) - Beginning (as restated) 731,446 175,277 5,499,006 53,069
Total Net Position (Deficit) - Ending $740,801 $192,155 $6,269,088 $53,954


The accompanying notes are an integral part of the financial statements.