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2022 Annual Report

  • From The Dean
  • Key Metrics
    • From the CFO
    • Financial Highlights
    • Statement of Activity & Cash Flows
    • Consolidated Balance Sheet
    • Supplemental Financial Information
  • PDF Downloads
  • Archive

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  • From the CFO
  • Financial Highlights
  • Statement of Activity & Cash Flows
  • Consolidated Balance Sheet
  • Supplemental Financial Information

2022 Annual Report

  • From The Dean
  • Key Metrics
  • PDF Downloads
  • From the CFO
  • Financial Highlights
  • Statement of Activity & Cash Flows
  • Consolidated Balance Sheet
  • Supplemental Financial Information

Financials

  • From the CFO
  • Financial Highlights
  • Statement of Activity & Cash Flows
  • Consolidated Balance Sheet
  • Supplemental Financial Information

Consolidated Balance Sheet

(all in millions of dollars for the fiscal year ending June 30)

Assets 2022 2021 2020
Cash $133 $124 $124
Current Use Reserves 227 211 174
Receiveables, Loans, & Other Assets 251 243 221
Invested Funds
Endowment 4,747 4,915 3,799
Endowment Interests in Trusts Held by Others 178 211 167
Endowment Pledges 148 137 119
Undistributed General Investment Income 13 2 7
Current Use Investments 63 70 63
Current Use Pledges 110 104 122
Facilities, Net 733 738 762
Total Assets $6,603 $6,755 $5,558
Liabilities 2022 2021 2020
Deposits, Advances & Other $94 $69 $62
Deferred Revenue 194 206 191
Other Debt Owed to University 83 79 81
Building Debt 28 33 40
Total Liabilities $399 $387 $374
Net Assets 2022 2021 2020
Current Use Reserves $227 $211 $174
Endowment Funds 5,086 5,265 4,092
Current Use Funds 172 174 185
Unexpended Endowment Income 3 2 -
Student Loan Funds 11 11 11
Investment in Facilities 705 705 722
Total Net Assets $6,204 $6,368 $5,184
Total Liabilities + Net Assets $6,603 $6,755 $5,558

Harvard Business School
Boston, MA 02163

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