| Stephen F. Austin State University | ||||||||||
| Statement of Changes in Investment Assets | ||||||||||
| Quasi Endowment Fund | ||||||||||
| At May 31, 2003 | ||||||||||
| Book Value | Market Value | |||||||||
| Beginning Investment Assets - 03/01/03 | 3,505,557.00 | 3,588,216.00 | ||||||||
| Receipts/Contributions | ||||||||||
| Investment Income | 57,892.88 | 57,892.88 | ||||||||
| Change in Accrued Interest | (2,329.00) | |||||||||
| Distributions | (5,949.02) | (5,949.02) | ||||||||
| Net Realized Gains (Losses) | 2,995.27 | |||||||||
| Change in Cost Basis | (4,978.86) | |||||||||
| Changes in Net Unrealized Appreciation (Depreciation) | (17,451.13) | |||||||||
| Ending Investment Assets - 05/31/03 | 3,552,522.00 | 3,623,375.00 | ||||||||
| Rate of Return | 1.15% | |||||||||
| Accrued interest for the reporting period | 36,521.00 | |||||||||
| Prior Period Accrued Interest | 38,850.00 | |||||||||
| Prepared in Compliance with Generally Accepted Accounting Priniciples | ||||||||||