Western Michigan University
Western Michigan University
Notes to Financial Statements Notes to Financial Statements June 30, 2013 and 2012 June 30, 2013 and 2012 Note 4 - Capital Assets The following table presents the changes in the various fixed asset class categories for the year ended June 30, 2013: Beginning Balance
2013 Capital assets: Land Construction in progress
$ 16,601,768 $ 71,037,373
Additions
Deletions
Ending Balance
170,633 $ 52,911,075
85,242,629
$ 16,772,401 38,705,819
87,639,141
53,081,708
85,242,629
55,478,220
63,107,586 838,660,997 10,578,574 66,350,297 85,113,945
6,637,762 68,686,653 3,954,203 1,624,817
7,128,430 3,326,610 -
69,745,348 900,219,220 10,578,574 66,977,890 86,738,762
Total depreciable property
1,063,811,399
80,903,435
10,455,040
1,134,259,794
Total capital assets
1,151,450,540
133,985,143
95,697,669
1,189,738,014
30,171,024 284,190,127 2,352,164 52,432,320 74,588,754
2,893,947 16,773,242 211,385 4,748,127 2,127,439
5,316,586 3,195,270 -
33,064,971 295,646,783 2,563,549 53,985,177 76,716,193
443,734,389
$ 26,754,140
8,511,856
461,976,673
Total nondepreciable property Land improvements Buildings Buildings under capitalized lease Equipment, software, and other Library holdings
Less accumulated depreciation: Land improvements Buildings Buildings under capitalized lease Equipment, software, and other Library holdings Total accumulated depreciation Capital assets - Net
$ 707,716,151
$
$ 727,761,341
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Financial Report 47