Johns Hopkins University Financial Report 1999

Five Year Financial Summary
1995-1999 (dollars in thousands)

Fiscal year ended June 30	1999	1998	1997	1996	1995
Operating revenues:
Tuition and fees, net	$ 185,144	172,419	160,806	145,286	135,789
Grants, contracts and similar agreements	1,023,937	986,925	946,540	883,231	915,041
Clinical services	177,482	169,170	162,705	163,012	162,217
Contributions	90,674	63,994	65,388	74,184	45,451
Investment income	82,457	69,920	64,985	62,790	50,297
Other	208,946	201,717	172,911	150,048	112,000
Total operating revenues	1,768,640	1,664,145	1,573,335	1,478,551	1,420,795

Operating expenses:
Compensation and benefits	966,408	926,893	881,088	839,635	809,243
Contractual services	386,985	379,580	344,443	290,391	305,787
Supplies, materials and other	202,812	183,274	178,865	165,428	151,876
Depreciation of property and equipment	76,801	76,579	73,114	67,627	62,756
Interest	26,433	30,740	30,315	32,485	32,919
Travel	36,501	37,516	34,251	32,132	30,675
Total operating expenses	1,695,940	1,634,582	1,542,076	1,427,698	1,393,256

Total assets	3,260,150	2,994,227	2,737,901	2,493,350	2,217,304
Total liabilities	827,927	819,338	793,558	776,031	749,157
Total net assets	2,432,223	2,174,889	1,944,343	1,717,319	1,468,147
Investments, including cash and cash equivalents, at market value:
Endowment Investment Pool	1,472,752	1,346,255	1,107,582	874,455	761,700
Total	2,008,879	1,834,713	1,545,722	1,253,271	1,115,990
Investment in plant assets, net	781,251	758,812	754,605	744,636	746,423
Indebtedness	427,683	441,781	457,242	449,446	462,101

Head count enrollment (Fall)	17,996	17,279	16,500	16,541	16,390
Employees	17,389	17,474	17,119	16,540	15,582