Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Finance - Public institutions
Reporting Standard   Please indicate which reporting standards are used to prepare your financial statements:            GASB (Governmental Accounting Standard Board), using standards of GASB 34 & 35            GASB (Governmental Accounting Standard Board), using standards prior to GASB 34      FASB (Financial Accounting Standard Board)   Please consult your business officer for the correct response before saving this screen. Your response to this question will determine the forms you will receive for reporting finance data.

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Finance - Public institutions
General Information Finance - Public Institutions   To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statement (GPFS). Please refer to the instructions specific to each page of the survey for detailed instruction and references.   1. Fiscal Year calendar   This report covers financial activities for the 12-month fiscal year: (The fiscal year reported should be the most recent fiscal year ending before October 1, 2003.)   Beginning: month/year (MMYYYY)   Month:  7   Year:  2002   And ending: month/year (MMYYYY)   Month:  6   Year:  2003   2. Audit Opinion   Did your institution receive an unqualified opinion on its General Purpose Statement from your auditor for the fiscal year noted above? (If your institution is audited only in combination with another entity, answer this question based on the audit of that entity.)          Yes   No   Don't know                   3. GASB Statement No. 34 offers three alternative reporting models for special-purpose governments like colleges and universities. Which model is used by your institution ?           Business Type Activities      Governmental Activities      Governmental Activities with Business-Type Activities   4. Does this institution or any of its foundations or other affiliated organizations own endowment assets ?          Yes - (report endowment assets)                      No   5.Component Units   Each discretely presented component unit should be reported in the same manner and amounts as included on the face of the institution’s GPFS. There should be one Finance Survey component unit form (Part F or G) completed for each column on the face of the GPFS, whether that column represents a single component unit or a combination of component units. (These component units include affiliated entities as described in GASB statement 39. The provisions of GASB 39 are not required to be implemented until fiscal years beginning after June 15, 2003, therefore no information is required on this portion of the survey until the institution implements the revised component unit definitions set forth in this new standard. If your institution has not implemented GASB 39, enter 0 in each of the blanks below.)         0   Number of component unit columns on GPFS using FASB standards     0   Number of component unit columns on GPFS using GASB standards   System or Governing Board (please see instructions about reporting System data)   Please select the applicable option below:         This Finance Survey form is for an institution that is NOT part of a system         This Finance Survey form is for an institution that is part of a system      Name of the system is:  UNIVERSITY OF WISCONSIN SYSTEM         This Finance Survey form is for a system (or governing board) office   Caveats:

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part A - Statement of Net Assets
Fiscal Year 2003      Report in whole dollars only      Line no.      Current year amount   Prior year amount      Current Assets          01   Total Current Assets  460,532,720  398,286,346         Noncurrent Assets          02   Capital assets - depreciable (gross)  2,354,105,694  2,225,099,953   03   Accumulated depreciation (enter as a positive amount)  853,561,321  848,270,927   04   Other noncurrent assets (CV) CV=[A05-(A02-A03)]  352,248,342  354,805,087   05   Total noncurrent assets  1,852,792,715  1,731,634,113      06   Total assets (CV) CV=(A01+A05)  2,313,325,435  2,129,920,459         Current Liabilities          07   Long-term debt, current portion  11,478,380  10,425,810   08   Other current liabilities (CV) CV=(A09-A07)  229,984,486  224,137,242   09   Total current liabilities  241,462,866  234,563,052         Noncurrent Liabilities          10   Long-term debt  164,848,029  146,688,095   11   Other noncurrent liabilities (CV) CV=(A12-A10)  21,400,555  17,941,252   12   Total noncurrent liabilities  186,248,584  164,629,347      13   Total liabilities (CV) CV=(A09+A12)  427,711,450  399,192,399         Net Assets          14   Invested in capital assets, net of related debt  1,361,535,513  1,238,652,846   15   Restricted-expendable  309,829,137  284,809,858   16   Restricted-nonexpendable  93,722,107  105,113,510   17   Unrestricted (CV) CV=[A18-(A14+A15+A16)]  120,527,228  102,151,846   18   Total Net assets (CV) CV=(A06-A13)  1,885,613,985  1,730,728,060         CV= Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part A - Plant, Property, and Equipment
Fiscal Year 2003      Report in whole dollars only                  Line No.   Description   Beginning balance   Additions   Retirements (CV)   Ending balance      Plant,Property, and Equipment                  21   Land & land improvements  47,175,275  0  1,330  47,173,945   22   Infrastructure  84,342,326  2,585,586  0  86,927,912   23   Buildings  1,227,030,923  84,833,851  0  1,311,864,774   24   Equipment  440,868,515  55,150,021  40,470,770  455,547,766   25   Art and library collections  442,531,433  11,674,344  1,614,480  452,591,297   26   Property obtained under capital leases (if not included in equipment)      0     27   Construction in progress      0     28   Accumulated depreciation  814,396,812  69,857,638  30,693,129  853,561,321         CV = (Beginning Balance + Additions - Ending Balance)            CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part B - Revenues and Other Additions
Fiscal Year 2003      Report in whole dollars only            Line No.   Source of Funds   Current year amount   Prior year amount      Operating Revenues         01   Tuition & fees, after deducting discounts & allowances  231,896,005  210,634,191      Grants and contracts - operating         02   Federal operating grants and contracts  410,909,564  337,991,226   03   State operating grants and contracts  18,520,432  16,312,219   04   Local/private operating grants and contracts  110,498,849  74,438,983   05   Sales & services of auxiliary enterprises, after deducting discounts & allowances  138,973,178  134,014,245   06   Sales & services of hospitals, after deducting patient contractual allowances  0  0   07   Independent operations  0  0   08   Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]  169,336,618  163,758,868   09   Total operating revenues  1,080,134,646  937,149,732

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part B - Revenues and Other Additions
Fiscal Year 2003      Report in whole dollars only             Line No.   Source of funds   Current year amount   Prior year amount      Nonoperating Revenues         10   Federal appropriations  6,774,165  7,305,980   11   State appropriations  369,542,355  372,570,612   12   Local appropriations, education district taxes, & similar support  0  0      Grants-nonoperating         13   Federal nonoperating grants  8,345,159  7,417,311   14   State nonoperating grants  0  0   15   Local nonoperating grants  0  0   16   Gifts, including contributions from affiliated organizations  173,301,052  156,087,084   17   Investment income  11,179,927  -12,921,724   18   Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]  0  0   19   Total nonoperating revenues  569,142,658  530,459,263

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part B - Revenues and Other Additions
Fiscal Year 2003      Report in whole dollars only            Line No.   Resource of funds   Current year amount   Prior year amount      Other Revenues and Additions           20   Capital appropriations  54,323,410  42,588,341   21   Capital grants & gifts  27,052,045  44,487,394   22   Additions to permanent endowments  1,992,062  5,793,933   23   Other revenues & additions (CV) CV=[B24-(B20+...+B22)]  18,132,763  5,043,353   24   Total other revenues and additions  101,500,280  97,913,021      25   Total all revenues and other additions (CV) CV=(B09+B19+B24)  1,750,777,584  1,565,522,016      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part C - Expenses and Other Deductions
Fiscal Year 2003      Report in whole dollars only                                                       1   2   3   4   5   Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other                           Operating Expenses      01   Instruction  364,172,035  263,910,828  81,670,761  0  18,590,446   02   Research  571,782,560  318,043,571  93,874,228  0  159,864,761   03   Public service  106,797,234  50,567,628  16,813,276  0  39,416,330   05   Academic support  135,970,583  79,935,678  26,441,762  0  29,593,143   06   Student services  57,796,825  31,952,037  10,324,629  0  15,520,159   07   Institutional support  47,411,745  19,085,555  6,192,890  0  22,133,300   08   Operation & maintenance of plant  78,660,463  39,799,282  13,163,513  0  25,697,668   09   Depreciation  69,857,638        69,857,638     10   Scholarships and fellowships expenses, excluding discounts & allowances  39,191,931  0  0  0  39,191,931   11   Auxiliary enterprises  120,631,535  41,438,555  12,040,538  0  67,152,442   12   Hospital services  0  0  0  0  0   13   Independent operations  0  0  0  0  0   14   Other expenses & deductions (CV) CV=[C15-(C01+...+C13)]  33,115,280  22,797,556  10,317,724  0  0   15   Total operating expenses  1,625,387,829  867,530,690  270,839,321  69,857,638  417,160,180       Prior year amount  1,527,454,531  818,867,423  244,015,188  66,612,076  397,959,844

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part C - Expenses and Other Deductions
Fiscal Year 2003      Report in whole dollars only                                                       1   2   3   4   5   Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other                           Nonoperating Expenses and Deductions                  16   Interest  6,796,317           6,796,317   17   Other nonoperating expenses & deductions (CV) CV=(C18-C16)  11,393,450  0  0  0  11,393,450   18   Total nonoperating expenses & deductions (CV) CV=(C19-C15)  18,189,767  0  0  0  18,189,767      19   Total expenses & deductions  1,643,577,596  867,530,690  270,839,321  69,857,638  435,349,947       Prior year amount  1,536,515,881  818,867,423  244,015,188  66,612,076  407,021,194      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part D - Summary of Changes In Net Assets
Fiscal Year 2003      Line No.   Description   Current year amount   Prior year amount   01   Total revenues & other additions (from B25)  1,750,777,584  1,565,522,016      02   Total expenses & deductions (from C19)  1,643,577,596  1,536,515,881      03   Increase in net assets during year (CV) CV=(D01-D02)  107,199,988  29,006,135   04   Net assets beginning of year  1,730,728,061  2,218,769,678   05   Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]  47,685,936  -517,047,753   06   Net assets end of year (from A18)  1,885,613,985  1,730,728,060      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part E - Scholarships and Fellowships
Part E - Scholarships and Fellowships Fiscal Year 2003      Report in whole dollars only            Line No.   Source   Current year amount   Prior year amount      Institutional Expenses and Discounts & Allowances            Gross Scholarships and Fellowships (no loans included)         01   Pell grants (federal)  8,346,460  7,417,312   02   Other federal grants  18,305,173  16,455,247   03   Grants by state government  5,618,966  5,352,024   04   Grants by local government  0  0   05   Institutional grants from restricted resources  30,090,761  24,735,689   06   Institutional grants from unrestricted resources (CV) CV=[E07-(E01+...+E05)]  2,198,948  2,150,090   07   Total gross scholarships and fellowships  64,560,308  56,110,362         Discounts and Allowances         08   Discounts & allowances applied to tuition & fees  21,893,297  18,333,669   09   Discounts & allowances applied to sales & services of auxiliary enterprises (CV) CV= (E10-E08)  3,475,080  3,095,280   10   Total Discounts & Allowances (CV) CV=(E07-E11)  25,368,377  21,428,949      11   Net scholarships and fellowships expenses after deducting discount & allowances (from C10)  39,191,931  34,681,413      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part H - Details of Endowment Assets
Fiscal Year 2003 (Optional for current reporting cycle) Report in whole dollars only   Line No.   Value of Endowment Assets   Market Value   Prior Year Amounts           (2)       01   Value of endowment assets at the beginning of the fiscal year  273,179,796     02   Value of endowment assets at the end of the fiscal year  270,538,605

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau) Fiscal Year 2003    Source and type   Amount   Total for all funds and operations (includes endowment funds, but excludes component units)   Education and general/independent operations   Auxiliary enterprises    Hospitals    Agriculture extension/experiment services      (1)      (2)   (3)   (4)   (5)   01   Tuition and fees  253,789,302  253,789,302            02   Sales and services  256,387,250  111,749,222  142,448,258  0  2,189,770   03   Federal grants/contracts (excludes Pell Grants)  411,296,012  409,027,214  0  0  2,268,798      Revenue from the state government:   04   State appropriations, current & capital  369,542,355  349,924,972  0  0  19,617,383   05   State grants and contracts  18,520,432  18,520,432  0  0  0      Revenue from local governments:   06   Local appropriation, current & capital  0  0  0  0  0   07   Local government grants/contracts  2,907,012  2,907,012  0  0  0   08   Receipts from property and non-property taxes  0       09   Gifts and private grants, including capital grants  300,512,764       10   Interest earnings  9,679,887       11   Dividend earnings  1,263,409       12   Realized capital gains  -7,669,025          CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part K - Expenditure Data for Bureau of Census
Part K - Expenditures   Category   Amount   Total for all funds and operations (includes endowment funds, but excludes component units)   Education and general/ independent operations   Auxiliary enterprises   Hospitals    Agriculture extension/ experiment services      (1)   (2)   (3)   (4)   (5)   01   Salaries and wages  867,530,690  808,041,416  41,438,555  0  18,050,719   02   Employee benefits, total  270,839,320  252,803,711  12,040,538  0  5,995,071   03   Payment to state retirement funds  94,059,505  88,152,691  4,184,862  0  1,721,952   04   Current expenditures other than salaries  377,617,611  299,910,764  66,644,233  0  11,062,614      Capital outlay:      05   Construction  87,419,437  65,941,472  21,029,649  0  448,316   06   Equipment purchases  55,150,021  52,983,274  1,461,518  0  705,229   07   Land purchases  0  0  0  0  0   08   Interest on debt outstanding, all funds & activities  6,796,317       09   Scholarships/fellowships  64,560,308  64,560,308          CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part L - Debt and Assets, page 1
Part L - Debt and Assets Fiscal Year 2003    Debt   Category   Amount   01   Long-term debt outstanding at beginning of fiscal year  137,022,684   02   Long-term debt issued during fiscal year  25,573,497   03   Long-term debt retired during fiscal year  8,084,110   04   Long-term debt outstanding at end of fiscal year  154,512,071   05   Short-term debt outstanding at beginning of fiscal year  8,063,954   06   Short-term debt outstanding at end of fiscal year  9,174,390      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MADISON (240444)	User ID: 55C0011
Part L - Debt and Assets, page 2
Part L - Debt and Assets   Assets   Category   Amount   07   Total cash and security assets held at end of fiscal year in sinking or debt service funds  0   08   Total cash and security assets held at end of fiscal year in bond funds  0   09   Total cash and security assets held at end of fiscal year in all other funds  288,533,584      CAVEATS