Statement of Revenues, Expenses and | ||||
Changes in Fund Net Position | ||||
Proprietary Funds | ||||
For the Fiscal Year Ended June 30, 2013 | ||||
(Expressed in Thousands) | ||||
Business-Type Activities Enterprise Funds |
||||
---|---|---|---|---|
University of Connecticut |
State Universities |
Connecticut Community Colleges |
Bradley International Airport |
|
Operating Revenues | ||||
Charges for Sales and Services | $908,540 | $348,042 | $97,187 | $47,629 |
Assessments | - | - | - | - |
Federal Grants, Contracts, and Other Aid | 179,366 | 43,540 | 91,086 | - |
State Grants, Contracts, and Other Aid | 25,898 | 11,836 | 15,535 | - |
Private Gifts and Grants | 42,805 | 3,067 | 2,817 | - |
Interest on Loans | - | - | - | - |
Other | 110,687 | 17,664 | 4,853 | - |
Total Operating Revenues | 1,267,296 | 424,149 | 211,478 | 47,629 |
Operating Expenses | ||||
Salaries, Wages, and Administrative | 1,586,193 | 582,715 | 420,951 | 43,604 |
Lottery Prize Awards | - | - | - | - |
Unemployment Compensation | - | - | - | - |
Claims Paid | - | - | - | - |
Depreciation and Amortization | 124,078 | 54,976 | 27,436 | 17,671 |
Other | 152,403 | 20,945 | 40,109 | - |
Total Operating Expenses | 1,862,674 | 658,636 | 488,496 | 61,275 |
Operating Income (Loss) | (595,378) | (234,487) | (277,018) | (13,646) |
Nonoperating Revenue (Expenses) | ||||
Interest and Investment Income | 968 | 1,138 | 145 | 270 |
Interest and Fiscal Charges | (9,457) | (7,781) | - | (6,078) |
Other - Net | 25,008 | 2,774 | 2,983 | 16,199 |
Total Nonoperating Revenues (Expenses) | 16,519 | (3,869) | 3,128 | 10,391 |
Income (Loss) Before Capital Contributions, Grants, | ||||
and Transfers | (578,859) | (238,356) | (273,890) | (3,255) |
Capital Contributions | 11,675 | 39,939 | - | 7,109 |
Federal Capitalization Grants | - | - | - | - |
Transfers In | 521,827 | 294,832 | 274,389 | 10,483 |
Transfers Out | - | - | - | - |
Special Item: Transfer to General Fund | - | - | - | - |
Change in Net Position | (45,357) | 96,415 | 499 | 14,337 |
Total Net Position (Deficit) - Beginning (as restated) | 1,933,506 | 889,126 | 781,702 | 300,829 |
Total Net Position (Deficit) - Ending | $1,888,149 | $985,541 | $782,201 | $315,166 |
Business-Type Activities Enterprise Funds |
Governmental Activities |
||||
---|---|---|---|---|---|
Employment Security |
Clean Water |
Other Funds |
Totals | Internal Service Funds |
|
Operating Revenues | |||||
Charges for Sales and Services | $- | $- | $23,010 | $1,424,408 | $53,106 |
Assessments | 848,220 | - | 37,482 | 885,702 | - |
Federal Grants, Contracts, and Other Aid | 719,898 | - | - | 1,033,890 | - |
State Grants, Contracts, and Other Aid | 14,620 | - | - | 67,889 | - |
Private Gifts and Grants | - | - | - | 48,689 | - |
Interest on Loans | - | 17,660 | 1,535 | 19,195 | - |
Other | 3,994 | - | 825 | 138,023 | 88 |
Total Operating Revenues | 1,586,732 | 17,660 | 62,852 | 3,617,796 | 53,194 |
Operating Expenses | |||||
Salaries, Wages, and Administrative | - | 858 | 18,832 | 2,653,153 | 39,188 |
Lottery Prize Awards | - | - | - | - | - |
Unemployment Compensation | 1,514,674 | - | - | 1,514,674 | - |
Claims Paid | - | - | 30,908 | 30,908 | - |
Depreciation and Amortization | - | - | 1,215 | 225,376 | 6,297 |
Other | - | 10,113 | 1,770 | 225,340 | - |
Total Operating Expenses | 1,514,674 | 10,971 | 52,725 | 4,649,451 | 45,485 |
Operating Income (Loss) | 72,058 | 6,689 | 10,127 | (1,031,655) | 7,709 |
Nonoperating Revenue (Expenses) | |||||
Interest and Investment Income | - | 13,096 | 1,125 | 16,742 | 3 |
Interest and Fiscal Charges | - | (39,223) | (5,676) | (68,215) | - |
Other - Net | - | 7,690 | (588) | 54,066 | (453) |
Total Nonoperating Revenues (Expenses) | - | (18,437) | (5,139) | 2,593 | (450) |
Income (Loss) Before Capital Contributions, Grants, | |||||
and Transfers | 72,058 | (11,748) | 4,988 | (1,029,062) | 7,259 |
Capital Contributions | - | - | - | 58,723 | - |
Federal Capitalization Grants | - | 39,081 | 9,677 | 48,758 | - |
Transfers In | - | 989 | - | 1,102,520 | - |
Transfers Out | (3,665) | - | (10,730) | (14,395) | - |
Special Item: Transfer to General Fund | - | - | - | - | REF! |
Change in Net Position | 68,393 | 28,322 | 3,935 | 166,544 | 7,259 |
Total Net Position (Deficit) - Beginning (as restated) | (236,638) | 668,467 | 130,499 | 4,467,491 | 40,010 |
Total Net Position (Deficit) - Ending | $(168,245) | $696,789 | $134,434 | $4,634,035 | $47,269 |
The accompanying notes are an integral part of the financial statements.