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2014-15 Financial Statement Highlights


Statement of Activities Highlights

Change in Net Assets from Current Year Activities
(Summarizes Statements of Activities)

Change in net assets ($ in millions): FY15 FY14
University (includes SMH) operating activities $ 67.7 $ 116.4
Affiliates' operating activities
(net of eliminations)
18.6 17.2
Change in net assets, operating 86.3 133.6
Change in net assets, non-operating (40.6) 242.8
Cumulative effect – FLHC acquisition - 6.4
Change in Total Net Assets $ 45.7 $ 382.8
Operating revenues $ 3,415.1 $ 3,214.7
Operating expenses $ 3,328.8 $ 3,081.1
Increase to net assets from operations $ 86.3 $ 133.6

Change in Net Assets from Operations

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Page updated 08/07/2015
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