| Stephen F. Austin State University | ||||||||||
| Statement of Changes in Investment Assets | ||||||||||
| Quasi Endowment Fund | ||||||||||
| At November 30, 2003 | ||||||||||
| Book Value | Market Value | |||||||||
| Beginning Investment Assets - 09/01/03 | 3,570,479.00 | 3,595,390.00 | ||||||||
| Receipts/Contributions | ||||||||||
| Investment Income | 32,894.00 | 32,894.00 | ||||||||
| Change in Accrued Interest | 4,062.00 | |||||||||
| Distributions | ||||||||||
| Net Realized Gains (Losses) | 6,508.27 | 6,508.27 | ||||||||
| Change in Cost Basis | (29,018.27) | |||||||||
| Changes in Net Unrealized Appreciation (Depreciation) | (35,953.27) | |||||||||
| Ending Investment Assets - 11/30/03 | 3,580,863.00 | 3,602,901.00 | ||||||||
| Rate of Return | 0.21% | |||||||||
| Accrued interest for the reporting period | 25,757.00 | |||||||||
| Prior Period Accrued Interest | 21,695.00 | |||||||||
| Prepared in Compliance with Generally Accepted Accounting Priniciples | ||||||||||