JHU Financial Report 1995
Five Year Financial Summary: 1991-1995
(in thousands)

FISCAL YEAR ENDED JUNE 30	1995	1994	1993	1992	1991
Operating revenues and support:
Tuition and fees	200,232	182,136	165,228	148,374	131,053
Grants, contracts and similar agreements:
-- Academic and support divisions	490,289	451,537	412,299	374,504	358,183
-- Applied Physics Laboratory contracts	414,975	426,515	411,071	426,964	407,715
Clinical services	159,573	154,720	148,682	136,515	130,047
Other	228,895	230,041	191,640	178,679	174,613
Total operating revenues and support	1,493,964	1,444,949	1,328,920	1,265,036	1,201,611
Operating expenses:
Instruction, research and clinical practice:
-- Academic and support divisions	834,846	792,014	704,312	648,347	600,115
-- Applied Physics Laboratory contracts	414,975	426,515	411,071	426,964	407,715
Student aid	59,781	56,025	52,766	47,833	42,226
Other	156,823	145,865	165,258	158,419	147,251
Total operating expenses	1,466,425	1,420,419	1,333,407	1,281,563	1,197,307
Total assets	2,132,425	2,014,209	1,925,882	1,878,880	1,813,425
Total liabilities	733,950	729,520	692,699	666,855	640,785
Total net assets	1,398,475	1,284,689	1,233,183	1,212,025	1,172,640
Investments, including cash and cash equivalents, at market value:
-- Endowment Investment Pool	761,700	698,428	678,364	593,328	513,379
-- Total	1,115,990	1,034,563	1,002,223	906,402	835,795
Investment in plant assets, net	746,423	758,035	773,873	755,956	702,217
Indebtedness	464,101	466,593	475,253	457,703	431,925
Head count enrollment (Fall)	16,390	16,330	15,865	15,231	14,389
Employees	15,582	14,650	14,156	13,717	12,974

NOTE: The University adopted new standards of financial reporting and changed its method of accounting for contributions in 1995. These changes were applied retroactively to 1994. Information presented for the years prior to 1994 has been restated, using estimates where necessary, to give effect to all significant changes required by the new accounting standards, except for the changes in accounting for contributions received. As a result, information presented for the years prior to 1994 with respect to contributions (including revenues, assets and net assets) is not fully comparable to that presented for 1994-95.

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