Financials

Consolidated Balance Sheet

Assets

IN MILLIONS for the Fiscal Year ended June 30...
2016 2015 2014

Cash

 $ 61 62 44

Reserves

 103 125 99

Receivables, Loans, & Other Assets

 475 463 475

Invested Funds

Endowment Investments

 2,928 3,076 2,970

Current Fund Investments

 107 93 96

Interest in Trusts Held by Others

 146 154 158

Facilities, Net

 688 614 567
Total Assets
$ 4,508 m.
$ 4,587 m.
$ 4,409 m.
 

Liabilities

IN MILLIONS for the Fiscal Year {FY} ended June 30...
2016 2015 2014

Deposits, Advances, & Other

 $ 76 64 60

Deferred Revenue

 126 110 88

Other Debt Owed to University

 24 26 27

Building Debt

 71 78 85
Total Liabilities
$ 297 m.
$ 278 m.
$ 260 m.
 

Net Assets

IN MILLIONS for the Fiscal Year ended June 30...
2016 2015 2014

Reserves

 $ 103 125 99

Undistributed Income & Other

 11 13 16

Pledge Balances

 288 301 317

Student Loan Funds

 11 11 11

Investment in Facilities

 617 536 482

Endowment & Current Use Funds

 3,181 3,323 3,224

Total Net Assets
$ 4,211 m.
$ 4,309 m.
$ 4,149 m.
 

Total Liabilities + Net Assets

Total Liabilities + Net Assets
$ 4,508 m.
$ 4,587 m.
$ 4,409 m.
 
 

* In pursuit of greater comparability across the Harvard schools, the University has asked all the schools to report their net results in accordance with generally accepted accounting principles (GAAP) in the United States. In addition to results for fiscal 2016, the School’s results for fiscal years 2014 and 2015 are presented in accordance with GAAP within the Statement of Activity and Cash Flows.