A.

Statement of Actitivities
Non-Profit Organization
Statement of Activities
Year Ended December 31, 200X
(In Thousand)

Changes in Unrestricted Net Assets:

Revenues and Gains:
Contributions P 18,000
Fees 12,000
Investment Income 14,000
Net Gains on Investments 16,000
Others 2,000
Total Unrestricted Revenues & Gains P 62,000
Net Assets Released From Restrictions 32,000
Total Unrestricted Revenues, Gains & Other Support P 94,000

Expenses:
Programs P 56,000
Management & General 6,000
Fund Raising 4,000
Total Expenses P 66,000
Increase in Unrestricted Net Assets P 28,000
Changes in Temporarily Restricted Net Assets:
Contributions P 18,000
Investment Income 6,000
Net Gains on Investments 6,000
Net Assets Released from Restrictions (32,000)
Decrease in Temporarily Restricted Net Assets P (2,000)
Changes in Permanently Restricted Net Assets:
Contributions P 4,000
Investment Income 20,000
Net Gains on Investments 12,000
Increase in Permanently Restricted Net Assets P 36,000
Increase in Net Assets P 62,000
Net Assets, Beginning of the Year 504,400
Net Assets, End of the Year P 566,400

B. Statement of Financil Position

Non-Profit Organization
Statement of Financial Position
December 31, 200X
(In Thousand)

ASSETS
Cash & Cash Equivalents P 3,400
Receivables, Net 10,600
Inventories 1,200
Investments 440,000
Plant Assets 134,600
TOTAL ASSETS P 589,800

LIABILITIES & NET ASSETS

LIABILITIES
Accounts Payable P 11,400
Long-term Debt 12,000
TOTAL LIABILITIES P 23,400

NET ASSETS
Unrestricted P 184,000
Temporarily Restricted 100,000
Permanently Restricted 282,400
TOTAL NET ASSETS P 566,400
TOTAL LIABILITIES & NET ASSETS P 589,800

C. Statement of Cash Flows

Non-Profit Organization
Statement of Cash Flows
Year Ended December 31, 200X
(In Thousand)
Cash Flows From Operating Activities:
Increase in Assets P 62,000
Items Not Affecting Cash:
Depreciation Expense 14,000
Changes in Operating Assets & Liabilities:
Increase in Receivables (4,000)
Decrease in Inventories 4,000
Decrease in Accounts Payable (4,000)
Net Gain on Investments in Securities (34,000)
Net Cash Provided by Operating Activities P 38,000

Cash Flows From Investing Activities:

Acquisitions of Investment in Securities P (58,000)
Acquisitions of Plant Assets (24,000)
Disposal of Plant Assets 45,200
Net Cash Used in Investing Activities P (36,800)

Cash Flows From Financing Activities:

Contributions Received P 6,000
Interest & Dividends Received & Reinvested 2,000
Payment of Long-term Debt (10,000)
Net Cash Used in Financing Activities P (2,000)

Increase in Cash & Cash Equivalents P (800)

Cash & Cash Equivalents, Beginning of the Year 4,200
Cash & Cash Equivalents, End of the Year P 3,400