Villanova University and Subsidiaries
Balance Sheets ($ in thousands)
ASSETS 2009
Cash and short-term investments . . . . . . . . . . . . . . . . . . . . . . . . .$125,740
Long-term investments at market . . . . . . . . . . . . . . . . . . . . . . . . . .269,604
Accountsreceivable, net...................................38,019
Otherassets............................................... 9,913
Assetswhoseuseislimited...................................118
Studentloansreceivable,net............................... 11,581
Land, buildings and equipment, net . . . . . . . . . . . . . . . . . . . . . . . . .334,849
TOTAL ASSETS $789,824
LIABILITIES
Accounts payable and accrued expenses. . . . . . . . . . . . . . . . . . . $40,930
Depositsanddeferredrevenue............................. 14,236
Long-termobligations ....................................216,611
Otherliabilities............................................ 26,485
TOTAL LIABILI TIES $298,262
NET ASSETS 491,562
TO TAL LIABILI TIES AND NET ASSETS $789,824
Endowment vs. Long-Term Debt ($ in millions)
400
350
300
250
200
150
100
50
0
($)
($)
2005
177
239
2006
221
279
2007
215
336
2008
208
355
2009
201
266
Long-Term Debt ($)
Endowment ($)
As of May 31
2008
$138,103
358,894
46,446
9,701
7,090
11,214
295,887
$867,335
$41,256
14,424
224,437
17,166
$297,283
570,052
$867,335
2007
$124,098
339,397
43,302
11,905
38,277
10,055
261,152
$828,186
$44,750
13,289
231,977
17,619
$307,635
520,551
$828,186
Net Assets ($ in millions)
1000
900
800
700
600
500
400
300
200
100
0
2007
($) 828
($) 521
2008
867
570
2009
790
492
Total Assets ($)
Total Net Assets ($)
