| Stephen F. Austin State University | |||||||||||
| Statement of Changes in Investment Assets | |||||||||||
| Operating Fund | |||||||||||
| As of November 30, 2002 | |||||||||||
| Book Value | Market Value | ||||||||||
| Beginning Investment Assets - 09/01/01 | 26,047,350.93 | 26,255,380.21 | |||||||||
| Receipts/Contributions | 5,702,226.43 | 5,702,226.43 | |||||||||
| Investment Income | 164,287.95 | 164,287.95 | |||||||||
| Change in Accrued Interest | 26,043.30 | ||||||||||
| Distributions | (3,288,701.63) | (3,288,701.63) | |||||||||
| Net Realized Gains (Losses) | (5,672.78) | (5,672.78) | |||||||||
| Change in Cost Basis | 3,777.02 | ||||||||||
| Changes in Net Unrealized Appreciation (Depreciation) | (22,867.47) | ||||||||||
| Ending Investment Assets - 11/30/02 | 28,623,267.92 | 28,830,696.01 | |||||||||
| Rate of Return | 0.59% | ||||||||||
| Accrued interest for the reporting period | 119,635.09 | ||||||||||
| Prior period accrued interest | 93,591.79 | ||||||||||
| Prepared in Compliance with Generally Accepted Accounting Priniciples | |||||||||||