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STATE OF MARYLAND
Combined Balance Sheet
Higher Education and University Hospital Funds
June 30, 1979
(Expressed in Thousands)
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Current
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Funds
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Endowment
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and Similar
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Unrestricted
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Restricted
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Loan Funds
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Funds
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Plant Funds
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Total
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Assets:
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Cash and short term investments........................
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$26,453
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$ 1,401
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$ 218
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$ 3,932
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$ 32,004
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Investments (Note 5) ..................................
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2,949
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$ 15
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|
14,282
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7,922
|
25,168
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Other accounts receivable, net (Note 7) ...................
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25,312
|
10,713
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|
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36,025
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Due from other funds .................................
|
889
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3,744
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|
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4,633
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Loans and notes receivable, net (Note 8) ..................
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22,062
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22,062
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Inventories ..........................................
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10,633
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|
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10,633
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Prepaid expenses .....................................
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1,913
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1,913
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Property, plant and equipment, net (Note 9) ...............
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863,241
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863,241
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Interfund balances....................................
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2,326
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(7,521)
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5,195
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Total assets ...........................................
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$70,475
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$ 6,951
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$23,463
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$14,500
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$880,290
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$995,679
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Liabilities:
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Accounts payable and accrued liabilities..................
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$37,259
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$ 2,210
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$ 5
|
|
$ 68
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$ 39,542
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Accrued retirement costs ..............................
|
22,518
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|
|
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|
22,518
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Revenue bonds payable (Note 12)........................
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14,729
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14,729
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Total liabilities .................................
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59,777
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2,210
|
5
|
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14,797
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76.789
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Deferred revenue.......................................
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8,942
|
190
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|
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9,132
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Commitments and contingent liabilities (Notes 13 and 14)
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Fund balances:
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Investment in fixed assets .............................
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865,493
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865,493
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Reserved for:
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Sponsored research................................
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4,551
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4,551
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Loans to students .................................
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23,458
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23,458
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Endowment and similar funds ......................
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$12,125
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12,125
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Unreserved, designated for endowment and similar funds.
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2,375
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2,375
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Unreserved, undesignated .............................
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1,756
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1,756
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Total fund balance ..................................
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1,756
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4,551
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23,458
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14,500
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865,493
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909,758
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Total liabilities, deferred revenue and fund balance ..........
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$70,475
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$ 6,951
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$23,463
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$14,500
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$880,290
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$995,679
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The accompanying notes to combined financial statements are an integral part of these financial statements.
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