Rolando Shannon, Phil Mosley

SAM 6070.01
Dr. Shin
6-Oct-14
University of Kentucky Athletics Income Statement
OPERATING REVENUES
Football
Basketball
Other sports
Total sports
Sports camps
Student activity fees
Facilities and operations
Other operating revenue, primarily
media rights and sponsorships
Total operating revenues
OPERATING EXPENSES
Football
Basketball
Other sports
Total sports
Sports camps
Facilities and operations
Administrative and general
Depreciation
Total operating expenses
NET INCOME (LOSS) FROM OPERATIONS

University of Kentucky Athletics Balance Sheet

ASSETS
Current assets
Capital assets
Other noncurrent assets
Total assets
LIABILITIES
Current liabilities
Noncurrent liabilities
Total liabilities
NET ASSETS
Invested in capital assets,

net of related debt

Restricted
Expendable
Unrestricted
Total net assets

Liquidity Ratios
~Current Ratio
Total Current Assets / Total Current Liabilities
~Quick Ratio
(current assets-inventory)/Current liabilities

Asset Management Ratios

~Total Asset Turnover Ratio
Net sales (net revenues)/Ave. total assets
~Inventory Turnover Ratio
Cost of goods sold (cost of sales)/Ave. Inventory
Leverage Ratios
~Debt Ratio
Total Liabilities/Total Assets
Profitability Ratios
~Net Profit Margin Ratio
Net Income/ Sales or revenues
~Return on Equity Ratio
Net Income/Shareholder's or owner's equity
Market Value Ratios
~Market Value Ratio
Price per share of common stock x # of outstanding shares
~Price-to-Earnings Ratio
Price per share of common stock/Earnings per share

2011
2010
$33,130,188 $30,908,321
17,937,889
17,440,345
540,130
558,167
51,608,207
48,906,833
1,975,339
1,689,513
819,124
738,194
182,307
226,128
11,941,605
66,526,582

12,091,660
63,652,328

2011
13,852,365
11,516,513
15,630,767
40,999,645
1,930,336
8,155,431
14,756,844
533,475
66,375,731
150,851

2010
13,354,165
11,166,116
14,366,104
38,886,385
1,650,044
8,253,110
18,205,416
555,336
67,550,291
-3,897,963

2011
2010
$26,909,396 $28,822,817
1,810,659
1,917,862
289,509
249,342
29,009,564
30,990,021
15,994,940
872,299
16,867,239

16,923,615
641,858
17,565,473

1,810,659

1,917,862

337,791
305,927
9,993,875
11,200,759
$12,142,325 $13,424,548

2011

2010

1.68

1.70

1.6823692993 1.7031123079

0.0052000437 -0.125781231

0.5814371771 0.5668106195

0.0022675297 -0.061238342

University of Louisville Athletics Income Statement

OPERATING REVENUES
Basketball
Football
Other sports
Total sports
Papa John's Cardinal Stadium
Marketing & development
Administration
Support services
Other operating revenues
Total operating revenues
OPERATING EXPENSES
Basketball
Football
Other sports
Total sports
Papa John's Cardinal Stadium
Marketing & development
Administration
Support services
Game management/facilities operations
Depreciation
Other operating expenses
Total operating expenses
Operating loss
University of Louisville Athletics Balance Sheet
ASSETS
Current Assets:
Cash and cash equivalents
Deposits with bond trustee
Accounts and contributions receivable, net
Due from University of Louisville
Other assets
Total current assets
Noncurrent Assets:
Restricted cash
Deposit with bond trustee

Accounts and contributions receivable, net

Investments held with University of Louisville Foundation, Inc.
Other long-term investments
Other long-term assets
Capital assets, net
Total noncurrent assets
Total assets
LIABILITIES
Current Liabilities:
Accounts payable and accrued liabilities
Deferred compensation and wages payable
Deferred revenue
Note payable to University of Louisville Foundation, Inc.
Bonds and note payable
Total current liabilities
Noncurrent Liabilities:
Due to University of Louisville
Due to University of Louisville Foundation, Inc.
Deferred compensation and wages payable
Note payable to University of Louisville Foundation, Inc.
Deferred revenue
Other long term liabilities
Bonds and note payable
Total noncurrent liabilities
Total liabilities
NET ASSETS
Invested in capital assets, net
Restricted:
Nonexpendable
Scholarships and fellowships
Expendable
Scholarships and fellowships
Institutional support
Capital projects
Debt service
Other
Unrestricted
Total net assets

~Current Ratio
Total Current Assets / Total Current Liabilities
~Quick Ratio
(current assets-inventory)/Current liabilities

Asset Management Ratios

~Total Asset Turnover Ratio
Net sales (net revenues)/Ave. total assets
~Inventory Turnover Ratio
Cost of goods sold (cost of sales)/Ave. Inventory
Leverage Ratios
~Debt Ratio
Total Liabilities/Total Assets
Profitability Ratios
~Net Profit Margin Ratio
Net Income/ Sales or revenues
~Return on Equity Ratio
Net Income/Shareholder's or owner's equity
Market Value Ratios
~Market Value Ratio
Price per share of common stock x # of outstanding shares
~Price-to-Earnings Ratio
Price per share of common stock/Earnings per share

2011
2010
$18,611 $13,898
17,496
12,882
1,169
603
37,276
27,383
597
511
4,264
3,638
932
1,287
390
366
810
721
44,269
33,906
2011
10,101
11,576
17,261
38,938
1,298
5,782
4,434
6,903
2,324
3,681
3,596
66,956
-22,687

2010
7,891
12,582
15,076
35,549
742
7,290
4,529
5,600
1,795
2,101
3,415
61,021
-27,115

2011
2010
45,286
47,496
$34,892 $24,588
6,415
16,828
3,110
5,537
245
869
298
45,286
47,496
14,138
1,230

16,479
1,468

17,236
36,843
396
726
136,021
206,590
251,876

19,337
32,086
396
796
128,394
198,956
246,452

44,505
3,679
3,829
30,373
305
6,319
44,505

41,897
9,805
1,647
23,806
500
6,139
41,897

9,173
316
7,718
1,400
3,102
662
67,787
90,158
134,663

8,563
316
9,976
1,705
3,329
940
74,107
98,936
140,833

62,711

56,327

1535

1268

661
1645
2783
28238
354
19286
117213

633
1913
2481
10388
478
9811
105619

1.017549 1.133637

1.017549 1.133637

0.175757 0.137576

0.53464 0.571442

-0.512481 -0.79971