Financial Position

Financial Performance
 Year 2016

Assets
Current Assets
Cash and Cash Equivalents 545,102,058.00
Receivables - net 78,760,164.00
Short-term investments 74,700,224.00
Financial Assets at fair value through profit or loss 45,413,129.00
Bookstore Inventory 5,974,512.00
Prepaid Expenses and other current assets 1,863,838.00
Held-to-maturity financial asset - current portion 2,340,100.00
Total Current Assets 754,154,025.00
Noncurrent Assets
Property and equipment - net 434,425,756.00
Restricted funds 262,882,958.00
Pension asset 2,374,794.00
Available-for-sale financial assets 2,130,000.00
Held-to-maturity financial asset 10,173,000.00
Total Noncurrent Assets 711,986,508.00
Total Assets 1,466,140,533.00
Liabilities
Current Liabilities
Accounts payable and other current liabilities 91,889,832.00
Unearned tuition and other school fees 37,746,162.00
Income tax payable
Total Current Liabilities 129,635,994.00
Noncurrent Liabilities
Restricted trust funds 262,882,958.00
Total Liabilities 392,518,952.00
Fund Balance
General fund balance 1,084,355,142.00
Cummulative remeasurement gains (losses) on pension asset (10,733,561.00)
Total Fund Balance 1,073,621,581.00
Total Liabilities and Fund Balance 1,466,140,533.00

Educational Revenue
Tuition fees 553,899,809.00
Other school fees 242,139,615.00
Total 796,039,424.00
Less scholarships, grants and discounts 64,167,797.00
Total Revenues 731,871,627.00
Educational Expenses
Salaries, wages and allowances 209,140,927.00
Depreciation and amortization 108,001,495.00
Contributed services 73,601,507.00
Communication, light and water 46,645,284.00
Employee's benefits 26,577,938.00
Outside services 21,637,865.00
Materials and supplies 20,754,350.00
Impairment loss on receivables 20,336,876.00
Repairs and maintenance 11,641,383.00
Athletics 10,840,173.00
Cultural affairs 9,868,700.00
Publications 8,679,682.00
Retirement benefits expense 8,494,351.00
Review expenses 5,452,810.00
Training and development 5,157,303.00
Student extension services 3,840,718.00
Advertising and promotions 2,802,038.00
Medical clinic 2,402,821.00
Entertainment, amusement and recreation 2,377,919.00
Transportaion and travel 1,824,797.00
Research 1,088,516.00
Insurance 738,638.00
Donations 643,640.00
Taxes and licenses 303,765.00
Membership dues 268,080.00
Miscellaneous 4,454,058.00
Operating Revenue 607,575,634.00
Other Income (Charges)
Interest Income 10,364,194.00
Reversal of Allowance for impairment losses 6,253,316.00
Bookstore operations - net 3,564,509.00
Retreat house operations - net 3,045,163.00
Rental income - net 2,343,739.00
Fair value gain (loss) on financial assets at fair value through profit or loss 1,552,058.00
Gain on sale of financial assets at fair value through profit or loss
Miscellaneous income 10,596,000.00
Total 37,718,979.00
Excess of Revenues over Expenses before Income Tax Expense 162,014,972.00
Income Tax Expenses 215,572.00
Net Excess of Revenues over Expenses 161,799,400.00
Other Comprehensive Loss
Item that will never be reclassified to statement of activities
Actuarial losses on defined benefit plan (2,816,031.00)
Total Comprehensive Income 158,983,369.00
Percentage Change Change in Amount Year 2015 Percentage Change Change in Amount

49% 179,824,605.00 365,277,453.00 22% 65,860,683.00

63% 30,516,274.00 48,243,890.00 -20% (11,715,002.00)
-17% (15,102,785.00) 89,803,009.00 298% 67,259,030.00
4% 1,552,058.00 43,861,071.00 18% 6,628,099.00
33% 1,470,648.00 4,503,864.00 5% 213,244.00
-17% (375,618.00) 2,239,456.00 -21% (608,419.00)

36% 200,225,282.00 553,928,743.00 30% 127,637,635.00

-
0% (24,685.00) 434,450,441.00 -6% (25,416,959.00)
29% 59,238,604.00 203,644,354.00 30% 47,300,052.00
1167% 2,187,300.00 187,494.00 -99% (27,712,273.00)
0% - 2,130,000.00 0% -
-18% (2,232,500.00) 12,405,500.00 22% 2,232,500.00
9% 59,168,719.00 652,817,789.00 -1% (3,596,680.00)
21% 259,394,001.00 1,206,746,532.00 11% 124,040,955.00
-
-
97% 45,137,789.00 46,752,043.00 -20% (11,408,524.00)
-10% (3,965,761.00) 41,711,923.00 0% 177,803.00
- - -100% (122,027.00)
47% 41,172,028.00 88,463,966.00 -11% (11,352,748.00)
-
29% 59,238,604.00 203,644,354.00 30% 47,300,052.00
34% 100,410,632.00 292,108,320.00 14% 35,947,304.00
-
18% 161,799,400.00 922,555,742.00 16% 124,832,899.00
36% (2,816,031.00) -7917530 -127% (36,739,248.00)
17% 158,983,369.00 914,638,212.00 11% 88,093,651.00
21% 259,394,001.00 1,206,746,532.00 11% 124,040,955.00

7% 35,602,651.00 518,297,158.00 3% 12,998,221.00

7% 16,838,371.00 225,301,244.00 1% 3,067,014.00
7% 52,441,022.00 743,598,402.00 2% 16,065,235.00
5% 2,780,322.00 61,387,475.00 -13% (9,049,717.00)
7% 49,660,700.00 682,210,927.00 4% 25,114,952.00

-1% (2,900,124.00) 212,041,051.00 0% 288,579.00

33% 26,718,940.00 81,282,555.00 15% 10,391,829.00
 24% 14,242,431.00 59,359,076.00 21% 10,284,671.00
5% 2,052,128.00 44,593,156.00 0% 1,209.00
2% 597,203.00 25,980,735.00 10% 2,396,884.00
-10% (2,318,558.00) 23,956,423.00 0% (93,756.00)
1% 187,597.00 20,566,753.00 13% 2,322,359.00
8% 1,517,175.00 18,819,701.00 -37% (11,200,965.00)
-35% (6,282,926.00) 17,924,309.00 13% 2,022,723.00
17% 1,576,897.00 9,263,276.00 41% 2,695,570.00
13% 1,162,193.00 8,706,507.00 17% 1,255,088.00
6% 480,981.00 8,198,701.00 11% 841,783.00
11% 865,072.00 7,629,279.00 211% 5,172,626.00
-23% (1,637,355.00) 7,090,165.00 15% 918,121.00
-23% (1,557,236.00) 6,714,539.00 4% 284,637.00
-7% (281,721.00) 4,122,439.00 75% 1,772,197.00
-11% (329,761.00) 3,131,799.00 15% 410,434.00
-9% (244,447.00) 2,647,268.00 -26% (907,811.00)
0% (6,710.00) 2,384,629.00 4% 89,939.00
-18% (390,428.00) 2,215,225.00 -9% (231,684.00)
-48% (1,000,540.00) 2,089,056.00 0% 5,270.00
-54% (874,347.00) 1,612,985.00 441% 1,314,895.00
-57% (842,251.00) 1,485,891.00 28% 326,985.00
-61% (475,946.00) 779,711.00 14% 95,329.00
-65% (492,830.00) 760,910.00 -60% (1,157,373.00)
-25% (1,486,874.00) 5,940,932.00 96% 2,902,664.00
5% 28,278,563.00 579,297,071.00 6% 32,202,203.00

71% 4,294,156.00 6,070,038.00

#DIV/0! 6,253,316.00
-18% (808,785.00) 4,373,294.00
92% 1,455,176.00 1,589,987.00
-6% (150,765.00) 2,494,504.00
-236% 2,690,987.00 (1,138,929.00)
-100% (2,463,806.00) 2,463,806.00
68% 4,284,710.00 6,311,290.00
70% 15,554,989.00 22,163,990.00
30% 36,937,126.00 125,077,846.00
-12% (29,375.00) 244,947.00
30% 36,966,501.00 124,832,899.00

-108% (39,555,279.00) 36,739,248.00

80% 70,889,718.00 88,093,651.00
 Year 2014

299,416,770.00
59,958,892.00
22,543,979.00
37,232,972.00
4,290,620.00
2,847,875.00

426,291,108.00

459,867,400.00
156,344,302.00
27,899,767.00
2,130,000.00
10,173,000.00
656,414,469.00
1,082,705,577.00

58,160,567.00
41,534,120.00
122,027.00
99,816,714.00

156,344,302.00
256,161,016.00

797,722,843.00
28,821,718.00
826,544,561.00
1,082,705,577.00

505,298,937.00
222,234,230.00
727,533,167.00
70,437,192.00
657,095,975.00

211,752,472.00
70,890,726.00
 49,074,405.00
44,591,947.00
23,583,851.00
24,050,179.00
18,244,394.00
30,020,666.00
15,901,586.00
6,567,706.00
7,451,419.00
7,356,918.00
2,456,653.00
6,172,044.00
6,429,902.00
2,350,242.00
2,721,365.00
3,555,079.00
2,294,690.00
2,446,909.00
2,083,786.00
298,090.00
1,158,906.00
684,382.00
1,918,283.00
3,038,268.00
547,094,868.00