STATE OF MARYLAND

Balance Sheet

Higher Education and University Hospital Fund
June 30, 1984

(Expressed in Thousands)

	Current	Funds			Endowment
					and Similar
	Unrestricted	Restricted	Loan Funds	Plant Funds	Funds Total
Assets
Cash and short term investments	$ 77,899	$(13,091)	$ 1,651	$ (7,369)	$ 17 $ 59,107
Investments (Note 4)	948	37		17,953	26,039 44,977
Intergovernmental receivables		19,549			19,549
Tuition and patient services, net of allowance of $11,749	41,060				41,060
Other accounts receivable			3	91	94
Inventories	18,856				18,856
Loans and notes receivable, net of allowance of $7,313 (Note 6)			24,766		24,766
Property, plant and equipment, net (Note 7)				1,161,298	1,161,298
Interfund balances	(23,536)	(782)	(132)	24,408	42
Other assets	2,705			405	3,110
Total assets	$117,932	$ 5,713	$26,288	$1,196,786	$26,098 $1,372,817
Liabilities
Accounts payable and accrued liabilities	$ 65,487	$ 2,839	$ 12	$ 2,085	$ 70,423
Deferred revenue	14,014	1,905		32	15,951
Accrued retirement costs	83,387				83,387
Revenue bonds payable (Note 11)				32,408	32,408
Obligations under capital leases (Note 11)				36,083	36,083
Total liabilities	162,888	4,744	12	70,608	238,252

Commitments and contingencies (Notes 12 and 13)

Fund balances
Investment in fixed assets			1,126,178		1,126,178
Reserved for
Sponsored research		969			969
Loans to students		26,276			26,276
Endowment and similar funds				$26,098	26,098
Unreserved, undesignated (deficit)	(44,956)				(44,956)
Total fund balances	(44,956)	969 26,276	1,126,178	26,098	1,134,565
Total liabilities and fund balances	$117,932	$ 5,713 $26,288	$1,196,786	$26,098	$1,372,817

The accompanying notes to combined financial statements are an integral part of these financial statements

28