| Stephen F. Austin State University | ||||||||||
| Statement of Changes in Investment Assets | ||||||||||
| Quasi Endowment Fund | ||||||||||
| At February 28, 2003 | ||||||||||
| Book Value | Market Value | |||||||||
| Beginning Investment Assets - 12/01/02 | 3,481,503.14 | 3,550,059.90 | ||||||||
| Receipts/Contributions | ||||||||||
| Investment Income | 37,026.84 | 37,026.84 | ||||||||
| Change in Accrued Interest | (717.00) | |||||||||
| Distributions | (5,992.53) | (5,992.53) | ||||||||
| Net Realized Gains (Losses) | 296.73 | 296.73 | ||||||||
| Change in Cost Basis | (7,277.18) | |||||||||
| Changes in Net Unrealized Appreciation (Depreciation) | 7,542.06 | |||||||||
| Ending Investment Assets - 02/28/03 | 3,505,557.00 | 3,588,216.00 | ||||||||
| Rate of Return | 1.24% | |||||||||
| Accrued interest for the reporting period | 38,850.00 | |||||||||
| Prior Period Accrued Interest | 39,567.00 | |||||||||
| Prepared in Compliance with Generally Accepted Accounting Priniciples | ||||||||||