| Stephen F. Austin State University | ||||||||||
| Statement of Changes in Investment Assets | ||||||||||
| Quasi Endowment Fund | ||||||||||
| At February 29, 2004 | ||||||||||
| Book Value | Market Value | |||||||||
| Beginning Investment Assets - 12/01/03 | 3,580,863.00 | 3,602,901.00 | ||||||||
| Receipts/Contributions | ||||||||||
| Investment Income | 25,854.73 | 25,854.73 | ||||||||
| Change in Accrued Interest | 10,588.00 | |||||||||
| Distributions | (6,112.87) | (6,112.87) | ||||||||
| Net Realized Gains (Losses) | 7,661.42 | 7,661.42 | ||||||||
| Change in Cost Basis | (24,479.28) | |||||||||
| Changes in Net Unrealized Appreciation (Depreciation) | (15,738.28) | |||||||||
| Ending Investment Assets - 02/29/04 | 3,583,787.00 | 3,625,154.00 | ||||||||
| Rate of Return | 0.79% | |||||||||
| Accrued interest for the reporting period | 36,345.00 | |||||||||
| Prior Period Accrued Interest | 25,757.00 | |||||||||
| Prepared in Compliance with Generally Accepted Accounting Priniciples | ||||||||||