FY 2005 - University of Missouri System
FY 2005 - University of Missouri System
FY 2005 - University of Missouri System
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Table <strong>of</strong> ContentsGOVERNING BOARD AND ADMINISTRATIVE STAFF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1MANAGEMENT’S DISCUSSION AND ANALYSIS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2INDEPENDENT AUDITORS’ REPORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14BASIC FINANCIAL STATEMENTS:Statements <strong>of</strong> Net Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16Statements <strong>of</strong> Revenues, Expenses and Changes in Net Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19Statements <strong>of</strong> Cash Flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20Statements <strong>of</strong> Net Assets Held for Pension Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22Statements <strong>of</strong> Changes in Net Assets Held for Pension Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22Notes to Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 232 0 0 5 F i n a n c i a l R e p o r t : U n i v e r s i t y o f M i s s o u r ia c o m p o n e n t u n i t o f t h e S t a t e o f M i s s o u r i