| Stephen F. Austin State University | ||||||||||
| Statement of Changes in Investment Assets | ||||||||||
| Quasi Endowment Fund | ||||||||||
| At August 31, 2003 | ||||||||||
| Book Value | Market Value | |||||||||
| Beginning Investment Assets - 06/01/03 | 3,552,522.00 | 3,623,375.00 | ||||||||
| Receipts/Contributions | ||||||||||
| Investment Income | 21,925.91 | 21,925.91 | ||||||||
| Change in Accrued Interest | (14,826.00) | |||||||||
| Distributions | (6,041.78) | (6,041.78) | ||||||||
| Net Realized Gains (Losses) | 6,691.94 | 6,691.94 | ||||||||
| Change in Cost Basis | (4,619.07) | |||||||||
| Changes in Net Unrealized Appreciation (Depreciation) | (35,735.07) | |||||||||
| Ending Investment Assets - 08/31/03 | 3,570,479.00 | 3,595,390.00 | ||||||||
| Rate of Return | -0.61% | |||||||||
| Accrued interest for the reporting period | 21,695.00 | |||||||||
| Prior Period Accrued Interest | 36,521.00 | |||||||||
| Prepared in Compliance with Generally Accepted Accounting Priniciples | ||||||||||