| Stephen F. Austin State University | ||||||||||
| Statement of Changes in Investment Assets | ||||||||||
| Quasi Endowment Fund | ||||||||||
| At May 31, 2004 | ||||||||||
| Book Value | Market Value | |||||||||
| Beginning Investment Assets - 03/01/04 | 3,583,787.00 | 3,625,154.00 | ||||||||
| Receipts/Contributions | ||||||||||
| Investment Income | 49,934.48 | 49,934.48 | ||||||||
| Change in Accrued Interest | (24,898.00) | |||||||||
| Distributions | (5,974.05) | (5,974.05) | ||||||||
| Net Realized Gains (Losses) | ||||||||||
| Change in Cost Basis | (12,745.43) | |||||||||
| Changes in Net Unrealized Appreciation (Depreciation) | (39,311.43) | |||||||||
| Ending Investment Assets - 05/31/04 | 3,615,002.00 | 3,604,905.00 | ||||||||
| Rate of Return | -0.39% | |||||||||
| Accrued interest for the reporting period | 11,447.00 | |||||||||
| Prior Period Accrued Interest | 36,345.00 | |||||||||
| Prepared in Compliance with Generally Accepted Accounting Priniciples | ||||||||||