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Financial Statements

Statement of Financial Position

The statement of financial position presents the University's financial position as of June 30, the end of the University's fiscal year. It is made up of assets, liabilities and net assets.

Assets

Assets

Resources or things of value that are owned by the University

Liabilities

Liabilities

Future obligations of the University and amounts owed to creditors and others for past transactions

Net Assets

Net Assets

The difference between assets and liabilities