Johns Hopkins University Financial Report 1997

Johns Hopkins University Balance Sheets
June 30, 1997 and 1996 (in thousands)

1997		1996
Assets
Cash and cash equivalents	$ 63,682	37,392
Accounts receivable, net	176,049	229.557
Prepaid expenses, deferred charges and other assets	18,670	23,884
Contributions receivable, net	152,544	160,927
Loans receivable, net	32,581	31,953
Investments	1,482,040	1,215,879
Deposits with bond trustees	20,426	15,437
Investment in plant assets, net	754,605	744,636
Interests in perpetual trusts held by others	37,304	33,685
TOTAL ASSETS	$2,737,901	2,493,350
Liabilities
Accounts payable and accrued expenses	$ 150,561	138,442
Advances under line of credit	--	24,473
Payables and deferred revenues under split interest agreements	37,320	37,992
Bonds payable	255,834	249,892
Notes payable	201,408	199,554
Obligations under deferred compensation agreements and other long-term liabilities	148,435	125,678
TOTAL LIABILITIES	793,558	776,031
Net assets
Unrestricted	1,248,184	1,119,069
Temporarily restricted	181,743	140,599
Permanently restricted	514,416	457,651
TOTAL NET ASSETS	1,944,343	1,717,319
TOTAL LIABILITIES AND NET ASSETS	$2,737,901	2,493,350