Western Michigan University UniversityStatement of Cash Flows
Western Michigan University Western Michigan
Statement of Cash Flows
Statement of Cash Flows Year Ended June 30 30 2013Year Ended June 2012 2013 2012 $ 274,196,655 $ 264,232,193 264,232,193 $ 24,616,964 274,196,655 $30,224,678 (218,869,856) 24,616,964 (226,304,192) 30,224,678 (309,279,211) (301,935,164) (218,869,856) (226,304,192) (1,550,691) (309,279,211) (1,249,518) (301,935,164) 1,551,899 1,716,400 (1,550,691) (1,249,518) 117,918 118,967 1,551,899 1,716,400 104,682,514 117,918 104,898,847 118,967 39,319,485 35,563,092 104,682,514 104,898,847 39,319,485 35,563,092 (85,214,323) (92,734,697) (85,214,323) (92,734,697)
Cash Flows from Operating Activities Tuition and fees from Operating Activities Cash Flows Grants andand contracts Tuition fees Payments to suppliers Grants and contracts Payments to employees Payments to suppliers Loans issuedto toemployees students Payments Collection of loans from students Loans issued to students Student loan interest Collection of loans from students Auxiliary charges Studententerprise loan interest Departmental and othercharges Auxiliary enterprise Departmental and other Net cash used in operating activities used in operating fromcash Noncapital Financingactivities Activities Cash Flows Net Private gifts for annuity purposes from Noncapital Financing Activities Cash Flows Gifts and contributions for other than capital purposes Private gifts for annuity purposes William D. Ford direct lending receipts Gifts and contributions for other than capital purposes William D. D. Ford direct lending disbursements William Ford direct lending receipts PLUS loan D. receipts William Ford direct lending disbursements PLUS loan disbursements PLUS loan receipts PellPLUS grantloan revenue disbursements Agency transactions Pell grant revenue Other Agency transactions State appropriations Other State appropriations Net cash provided by noncapital financing activities provided by noncapital financing activities Cash Flows Net fromcash Capital and Related Financing Activities
38,036 579,857 43,395,689 14,894,538 38,036 579,857 137,363,538 43,395,689 140,467,066 14,894,538 (137,363,538) 137,363,538 (140,467,066) 140,467,066 24,869,734 (137,363,538) 28,138,390 (140,467,066) (24,869,734) 24,869,734 (28,138,390) 28,138,390 29,451,722 (24,869,734) 30,642,684 (28,138,390) (763,638) 788,276 29,451,722 30,642,684 (32,680,370) (8,024,449) (763,638) 788,276 95,065,826 96,158,625 (32,680,370) (8,024,449) 95,065,826 96,158,625 134,507,265 135,039,531 134,507,265 135,039,531
Purchase of capital assetsand Related Financing Activities Cash Flows from Capital Proceeds netofofcapital deposits from disposal of assets Purchase assets Principal paidnet onofcapital debt Proceeds deposits from disposal of assets Capital grant, gift,onand otherdebt proceeds Principal paid capital Capital appropriations Capital grant, gift, and other proceeds Withdrawals from trustee to purchase capital assets Capital appropriations Drawdown fromfrom line of creditto purchase capital assets Withdrawals trustee Interest paid on capital debt Drawdown from line of credit Interest paid on capital debt Net cash used in capital and related financing activities used inActivities capital and related financing activities Cash Flows Net fromcash Investing
(52,378,917) (59,358,519) 170,432 134,939 (52,378,917) (59,358,519) (12,958,097) 170,432 (12,210,650) 134,939 2,002,926 1,192,201 (12,958,097) (12,210,650) 19,967,068 8,458,141 2,002,926 1,192,201 3,162,516 30,258,495 19,967,068 8,458,141 6,655,558 3,162,516 30,258,495 (14,367,155) 6,655,558 (14,936,710)(14,367,155) (14,936,710) (47,745,669) (46,462,103) (47,745,669) (46,462,103)
Proceeds from sales and maturities of investments Cash Flows from Investing Activities Interest on investments Proceeds from sales and maturities of investments Purchase Interestofoninvestments investments Purchase of investments Net cash provided by investing activities Net cash provided by investing activities Net Increase (Decrease) in Cash and Cash Equivalents Increase (Decrease) -inBeginning Cash andofCash Netand Cash Cash Equivalents year Equivalents
44,882,440 3,953,645 44,882,440 (48,307,483) 3,953,645 (48,307,483) 528,602 528,602 2,075,875 2,075,875 33,500,449
Cash and Cash Equivalents - Beginning of year Cash and Cash Equivalents - End of year Cash and Cash Equivalents - End of year
The Notes to the Financial Statements are an Integral of This Statement. The NotesPart to the Financial Statements are an Integral Part of This Statement. 34 Financial Report
$
21 21
26,651,865 3,535,833 26,651,865 (29,000,000) 3,535,833 (29,000,000) 1,187,698 1,187,698 (2,969,571) (2,969,571) 36,470,020
33,500,449 36,470,020 35,576,324 $ 33,500,449 $ 35,576,324 $ 33,500,449