Stephen F. Austin State University
Statement of Changes in Investment Assets
Operating Fund
At November 30, 2006
Book Value Market Value
Beginning Investment Assets - 09/01/06 19,274,318.94 19,376,698.70
Receipts/Contributions 7,000,722.00 7,000,722.00
Investment Income 244,197.43 244,197.43
Change in Accrued Interest 11,592.16
Distributions (3,225,340.03) (3,225,340.03)
Net Realized Gains (Losses)
Change in Cost Basis (5,077.47)
Changes in Net Unrealized Appreciation (Depreciation)   70,255.32
Ending Investment Assets - 11/30/06 23,288,820.87 23,478,125.58
Rate of Return 1.53%
Accrued interest for the reporting period 151,001.89
Prior period accrued interest 139,409.73
Prepared in Compliance with Generally Accepted Accounting Priniciples