Summary

Susquehanna University’s solid financial position strengthened during the period July 1, 2006 to June 30, 2007.

The institution’s net assets increased by $22 million to more than $221 million, thanks to more than $17 million in non-operating investment returns (reflecting a 21 percent return on the pooled endowment), an operating margin of $1.7 million and $3 million in endowment and capital gifts.

At June 30, 2007, Susquehanna’s endowment totaled $128 million, with another $53 million in operating cash, restricted cash, reserves and unspent borrowings outside of the endowment.

The institution’s financial strength provides it with flexibility in responding to both opportunities and challenges.

Michael A. Coyne, CPA
Vice President for Finance and Treasurer

Susquehanna University Financial Highlights, Page 24, in .PDF format.	Susquehanna University Financial Highlights, Page 25, in .PDF format.

Source: Source: 2007 audited financial statements, Virchow, Krause & Company, LLP. Virchow Krause has issued an unqualified opinion on the financial statements of Susquehanna University for the year ended June 30, 2007. To obtain a complete version of financial statements, see http://www.susqu.edu/treasurer/, or write to: Susquehanna University Treasurer’s Office, 514 University Avenue, Selinsgrove, PA 17870 or call 570.372.4315.