Investment Report

Stephen F. Austin State University
Statement of Changes in Bond Proceeds
At February 29, 2004
Citizens' First Bank Citizens' First Bank
Revenue Series 2000 Revenue Series 2002A
Book Value Market Value Yield Book Value Market Value Yield
Beginning Balance - 12/01/03 472,500.69 472,500.69 121,755.31 121,755.31
Receipts/Contributions
Investment Income 1,189.50 1,189.50 206.04 206.04
Distributions (1,399.35) (1,399.35) (121,961.35) (121,961.35)
Net Realized Gains (Losses)
Changes in Net Unrealized Appreciation (Depreciation)        
Ending Balance - 02/29/04 472,290.84 472,290.84 0.25 0.00 0.00 0.34
 
Prepared in Compliance with Generally Accepted Accounting Principles
Stephen F. Austin State University
Statement of Changes in Bond Proceeds
At February 29, 2004
Regions Bank Stone Fort Bank Regions Bank Stone Fort Bank
Bond Series 2002 Series 2002 Issuance Account
Book Value Market Value Yield Book Value Market Value Yield
Beginning Balance - 12/01/03 6,110,069.78 6,100,952.08 15,976.85 15,976.85
Receipts/Contributions
Investment Income 23,242.67 23,242.67 36.79 36.79
Distributions (1,987,886.26) (1,987,886.26) (4.78) (4.78)
Net Realized Gains (Losses) (9,803.90) (9,803.90)
Changes in Net Unrealized Appreciation (Depreciation)   9,117.70    
Ending Balance - 02/29/04 4,135,622.29 4,135,622.29 0.44 16,008.86 16,008.86 0.23
 
Prepared in Compliance with Generally Accepted Accounting Principles