Financials

Consolidated Balance Sheet

Assets

IN MILLIONS for the Fiscal Year {FY} ended June 30...
2015 2014 2013

Cash

 $ 62 44 38

Reserves

 125 99 83

Receivables, Loans, & Other Assets

 463 475 319

Invested Funds

Endowment Investments

 3,076 2,970 2,658

Current Fund Investments

 93 96 78

Interest in Trusts Held by Others

 154 158 144

Facilities, Net

 614 567 511
Total Assets
$ 4,587 m.
$ 4,409 m.
$ 3,831 m.
 

Liabilities

IN MILLIONS for the Fiscal Year {FY} ended June 30...
2015 2014 2013

Deposits, Advances, & Other

 $ 64 60 56

Deferred Revenue

 110 88 85

Other Debt Owed to University

 26 27 23

Building Debt

 78 85 91
Total Liabilities
$ 278 m.
$ 260 m.
$ 255 m.
 

Net Assets

IN MILLIONS for the Fiscal Year {FY} ended June 30...
2015 2014 2013

Reserves

 $ 125 99 83

Undistributed Income & Other

 13 16 5

Pledge Balances

 301 317 179

Student Loan Funds

 11 11 9

Investment in Facilities

 536 482 420

Endowment & Current Use Funds

 3,323 3,224 2,880

Total Net Assets
$ 4,309 m.
$ 4,149 m.
$ 3,576 m.
 

Total Liabilities + Net Assets

Total Liabilities + Net Assets
$ 4,587 m.
$ 4,409 m.
$ 3,831 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 2015, the School's results for fiscal years 2013 and 2014 are presented in accordance with GAPP within the Statement of Activity and Cash Flows.