UA-R-GC-1914-01-01-1972-10-18_Page-038

Assets Current funds: Unrestricted: Cash (including savings accounts) Accounts receivable (less allowance for doubtful accounts of $1,423 in New York and $29,132 in Cairo) Inventories, at cost (less allowance for obsolescence of $91,972 in Cairo) Prepaid expenses and deposits Restricted: Accounts receivable Due from current unrestricted funds Total current funds Endowment and similar funds: Cash Investments, at cost or fair value at date of gift (quoted market value $2,146,053) Due from current unrestricted funds (Funds held in trust by others, at carrying value of $387,675; earnings thereon to benefit the University) Total endowment and similar funds Plant funds: Investment in plant: Suburban property - land Housing property - land and building Educational: Land Building New land and building Furniture and equipment New library building project Total plant funds $ $ THE AMERICAN UNIVERSITY IN CAIRO New York 364,561 12,663 3,758 9,113 390,095 76,000 37,702 113,702 Balance Sheet August.2.!., 1972 Cairo 533,558 79,727 190,901 204,037 1,008,223 61,056 88,838 149,894 Liabilities and Fund Balances Current funds: Unrestricted: Loan payable (including $133,365 interest) Accounts payable and accrued expenses Reserve for end of service indemnity Other reserves and deferred revenues Due to current restricted funds Due to endowment and similar funds Fund balances (deficit): New York - Cairo clearing account New York and Cairo (Exhibit B) Loan to Cairo plant funds Restricted: Fund balances (Exhibit C) 503,797 1,158,117 Total current funds 37,555 1,748,124 180,000 Endowment and similar funds: Fund balances (Exhibit D): Endowment funds Quasi-endowment funds Annuity fund Net adjusted gains and losses $ 1,965,679 Total endowment and similar funds $ 184,046 865,415 1,178,604 1,197,561 1,024,082 430,590 3,100 4,883,398 Plant funds: Investment in plant: Due to current unrestricted funds - originating from quasi-endowment funds Reserve for sale of suburban property Net investment in plant (Exhibit E) Total plant funds $ $ New York 21,909 46,094 36,289 37,702 180,000 (1,562,465) 1,758,470 (127,904) 390,095 113,702 503,797 904,063 181,277 2,500 877,839 $ ;1,965,679 $=== Exhibit A Cairo 1,434,667 151,123 163,464 88,838 1,562,465 (2,392 ,334) 1,008,223 149,894 1,158,117 127,904 548,934 4,206,560 4,883,39