| Stephen F. Austin State University | ||||||||||||
| Statement of Changes in Investment Assets | ||||||||||||
| Endowment Fund | ||||||||||||
| At November 30, 2002 | ||||||||||||
| Book Value | Market Value | |||||||||||
| Beginning Investment Assets - 09/01/02 | 7,339,276.76 | 7,110,153.30 | ||||||||||
| Receipts/Contributions | ||||||||||||
| Investment Income | 68,598.16 [1] | 68,598.16 [2] | ||||||||||
| Change in Accrued Interest | (9,091.00) | |||||||||||
| Distributions | (14,603.08) | (14,603.08) | ||||||||||
| Change in Cost Basis | (2,766.58) | |||||||||||
| Net Realized Gains (Losses) | (27,363.50) | (27,363.50) | ||||||||||
| Changes in Net Unrealized Appreciation (Depreciation) | 52,372.76 | |||||||||||
| Ending Investment Assets - 11/30/02 | 7,363,141.76 | 7,180,066.64 | ||||||||||
| Rate of Return | 1.19% | |||||||||||
| Prepared in Compliance with Generally Accepted Accounting Priniciples | ||||||||||||
| Accrued interest for the reporting period | 18,633.00 | |||||||||||
| Prior period accrued interest | 27,724.00 | |||||||||||