For the fiscal year ended June 30, 2012
(dollars in thousands)
| 2012 | 2011 | |
| Principal source of revenues | ||
| Tuition and fees (net) | $97,953 | $98,443 |
| Government grants and contracts | 248,968 | 252,556 |
| Private gifts, grants, and contracts | 78,970 | 72,416 |
| Investment earnings, including unrealized gains or losses | 480,191 | 3,026,324 |
| Principal purposes of expenditures | ||
| Educational and general | 1,101,089 | 1,046,015 |
| Auxiliary | 104,339 | 116,177 |
| Summary of financial position | ||
| Assets | 21,231,779 | 20,753,010 |
| Liabilities | 3,885,118 | 3,500,448 |
| Net assets | 17,346,661 | 17,252,562 |
| Net assets | ||
| Unrestricted/designated | 6,670,791 | 6,673,136 |
| Temporarily restricted | 8,953,081 | 8,912,183 |
| Permanently restricted | 1,722,789 | 1,667,243 |
| Total | 17,346,661 | 17,252,562 |
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