| ($ in thousands) |
2005 |
2004 |
| |
| |
| Tuition and fees |
$203,738 |
$198,901 |
| Less scholarships and fellowships |
(83,563) |
(81,422) |
| Net tuition and fees |
120,175 |
117,479 |
| State and local appropriations |
1,800 |
1,942 |
| Gifts and pledges |
51,027 |
49,721 |
| Grants and contracts |
365,017 |
310,460 |
| Hospital and faculty practice patient care activities |
1,233,486 |
1,149,961 |
| Auxiliary enterprises |
40,257 |
38,090 |
| Investment income on cash equivalents |
4,181 |
2,995 |
| Educational activities |
24,887 |
26,880 |
| Royalty income |
37,643 |
31,846 |
| Other sources |
4,740 |
3,790 |
| Long-term investment income and gains allocated to operations |
74,312 |
73,798 |
| Total operating revenues: |
1,957,507 |
1,806,962 |
| |
| |
| Salaries and wages |
916,861 |
867,555 |
| Fringe benefits |
238,023 |
221,046 |
| Total compensation |
1,154,884 |
1,088,601 |
| Supplies |
248,220 |
230,384 |
| Business and professional |
152,579 |
167,850 |
| Utilities |
22,126 |
20,125 |
| Maintenance and facilities costs |
74,117 |
69,573 |
| Depreciation expense |
119,976 |
109,437 |
| Interest expense |
22,609 |
23,811 |
| Other |
84,183 |
64,839 |
| Total operating expenses |
1,878,694 |
1,774,620 |
| Change in net assets from operating activities |
78,813 |
32,342 |
| |
| |
| Long-term investment activities: |
|
| Investment income |
29,101 |
21,980 |
| Net appreciation/depreciation |
132,537 |
160,042 |
| Total long-term investment activities |
161,638 |
180,022 |
| Long-term investment income and gains allocated to operations |
(74,312) |
(73,798) |
| Loss on extinguishment of debt |
(1,264) |
(4,746) |
| Other changes, net |
(1,601) |
7,418 |
| Change in valuation of annuities |
1,596 |
(1,337) |
| Change in net assets from non-operating activies |
86,057 |
109,559 |
| |
| Change in net assets |
164,870 |
141,901 |
| |
| Beginning net assets |
2,031,017 |
1,889,116 |
| Ending net assets |
$2,195,887 |
$2,031,017 |
