Detailed Financial Schedules

Similar documents
UC San Diego Financial Overview,

Financial Overview MANAGEMENT S DISCUSSION AND ANALYSIS (UNAUDITED) The University s Assets. The University s Financial Position

FINANCIAL OVERVIEW (UNAUDITED)

UNIVERSITY OF CALIFORNIA, BERKELEY. Annual Financial Report

UNIVERSITY OF CALIFORNIA, BERKELEY. Annual Financial Report

UNIVERSITY OF CALIFORNIA, BERKELEY. Annual Financial Report

NOTES TO FINANCIAL STATEMENTS

UNIVERSITY OF CALIFORNIA, BERKELEY. Annual Financial Report

UNIVERSITY OF CALIFORNIA, BERKELEY. Annual Financial Report

UNIVERSITY OF CALIFORNIA, BERKELEY. Annual Financial Report

HUMBOLDT STATE UNIVERSITY. Financial Statements. June 30, 2011

CALIFORNIA STATE UNIVERSITY, FULLERTON. Financial Statements. June 30, (With Independent Auditors Report Thereon)

SAN JOSE STATE UNIVERSITY. Financial Statements. June 30, (With Independent Auditors Report Thereon)

CALIFORNIA STATE UNIVERSITY, EAST BAY. Financial Statements. June 30, (With Independent Auditors Report Thereon)

UNIVERSITY OF CALIFORNIA, BERKELEY. Annual Financial Report

2014 FINANCIAL REPORT

CALIFORNIA STATE UNIVERSITY, CHICO. Financial Statements. June 30, (With Independent Auditors Report Thereon)

UNIVERSITY OF ALASKA

Financial Statements and Reports Required by Uniform Guidance June 30, 2018 and 2017 The University of Oklahoma - Norman Campus

UNIVERSITY OF OKLAHOMA HEALTH SCIENCES CENTER. June 30, 2012

CALIFORNIA STATE UNIVERSITY, NORTHRIDGE. Financial Statements. June 30, (With Independent Auditors Report Thereon)

FINANCIAL STATEMENT REPORT

CALIFORNIA STATE UNIVERSITY, POMONA. Financial Statements. June 30, (With Independent Auditors Report Thereon)

Audited Financial Report and Reports Required by Uniform Guidance As of and for the Years Ended June 30, 2017 and 2016 The University of Oklahoma

MOREHEAD STATE UNIVERSITY. Single Audit Reports Under Uniform Guidance

CALIFORNIA STATE UNIVERSITY, FRESNO. Financial Statements. June 30, (With Independent Auditors Report Thereon)

UNIVERSITY OF ALASKA

UNIVERSITY OF CALIFORNIA

CALIFORNIA POLYTECHNIC STATE UNIVERSITY, SAN LUIS OBISPO. Financial Statements. June 30, (With Independent Auditors Report Thereon)

SONOMA STATE UNIVERSITY. Financial Statements. June 30, (With Independent Auditors Report Thereon)

Auditors' Opinion 1. Management s Discussion & Analysis Statement of Net Assets 13. Statement of Revenues, Expenses, and Change in Net Assets 14

University of California Table of Contents June 30, 2008

CALIFORNIA POLYTECHNIC STATE UNIVERSITY, SAN LUIS OBISPO. Financial Statements. June 30, (Unaudited)

UC Davis: A century of doing what matters

SOUTHEAST MISSOURI STATE UNIVERSITY FINANCIAL STATEMENTS JUNE 30, 2018

SAN FRANCISCO STATE UNIVERSITY. Financial Statements. June 30, (With Independent Auditors Report Thereon)

UNIVERSITY OF ALASKA

INDEPENDENT AUDITORS REPORT 1 MANAGEMENT S DISCUSSION AND ANALYSIS Statements of Net Assets 11

2013 financial report

Financial Statements June 30, 2017 and 2016 The University of Oklahoma - Norman Campus

FINANCIAL STATEMENTS University of South Alabama Year ended September 30, 2002 with Report of Independent Auditors

WEST VIRGINIA UNIVERSITY INSTITUTE OF TECHNOLOGY

Unaudited Financial Statements

SAN DIEGO STATE UNIVERSITY RESEARCH FOUNDATION. (a Component Unit of San Diego State University) Financial Statements. June 30, 2011 and 2010

Management s Discussion and Analysis. Statement of Net Assets. Statement of Revenues, Expenses and Changes in Net Assets. Statement of Cash Flows

UNIVERSITY OF SOUTH ALABAMA (A Component Unit of the State of Alabama)

Jacksonville State University Financial Statements September 30, 2017 and 2016

CAL STATE EAST BAY EDUCATIONAL FOUNDATION, INC. Financial Statements and Supplementary Information Years Ended June 30, 2012 and 2011

JOHNSON COUNTY COMMUNITY COLLEGE FINANCIAL STATEMENTS JUNE 30, 2017

Financial Statements, Schedule of Expenditures of Federal Awards and Auditors Reports Required under Office of Management and Budget Uniform Guidance

Oklahoma Panhandle State University

CAL STATE EAST BAY EDUCATIONAL FOUNDATION, INC. (a Component Unit of California State University, East Bay)

Southern West Virginia Community and Technical College

UNIVERSITY OF SOUTH ALABAMA (A Component Unit of the State of Alabama)

CALIFORNIA STATE UNIVERSITY, LONG BEACH FOUNDATION. Financial Statements June 30, 2008 and 2007

UNIVERSITY OF SOUTH ALABAMA (A Component Unit of the State of Alabama)

Financial Statements, Supplementary Information and Report of Independent Certified Public Accountants

CALIFORNIA STATE UNIVERSITY, CHANNEL ISLANDS FOUNDATION

2007 Financial Report

West Virginia Higher Education Policy Commission

SOUTHEAST MISSOURI STATE UNIVERSITY FINANCIAL STATEMENTS JUNE 30, 2016

Table of Contents. Consolidated Financial Statements and Supplementary Schedule of Expenditures of Federal Awards: Independent Auditors Report 1

THE UNIVERSITY CORPORATION, SAN FRANCISCO STATE (COMPONENT UNIT OF SAN FRANCISCO STATE UNIVERSITY)

THE UNIVERSITY CORPORATION, SAN FRANCISCO STATE (COMPONENT UNIT OF SAN FRANCISCO STATE UNIVERSITY)

Audited Financial Statements

SOUTHEASTERN OKLAHOMA STATE UNIVERSITY

SOUTHEASTERN OKLAHOMA STATE UNIVERSITY

SOUTHEASTERN OKLAHOMA STATE UNIVERSITY

Financial Statements with Supplemental Schedules. Fiscal Year Ended June 30, 2016

Financial Statements June 30, 2016 Rogers State University

Blue Ridge Community and Technical College (Formerly The Community and Technical College of Shepherd)

Bergen Community College (A Component Unit of the County of Bergen)

STATE OF ILLINOIS ILLINOIS STATE UNIVERSITY. FINANCIAL AUDIT (In Accordance with the Single Audit Act and OMB Circular A-133)

Bergen Community College (A Component Unit of the County of Bergen)

SAN JOAQUIN DELTA COMMUNITY COLLEGE DISTRICT COUNTY OF SAN JOAQUIN STOCKTON, CALIFORNIA FINANCIAL STATEMENTS WITH SUPPLEMENTAL INFORMATION

The University of Mississippi. Financial Statements. Fiscal Year 2009 Unaudited

Idaho State University

ST. CHARLES COMMUNITY COLLEGE FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2018 AND 2017

FINANCIAL STATEMENT AUDIT REPORT

AS OF AND FOR THE YEAR ENDED JUNE 30, 2016

MORGAN STATE UNIVERSITY. Financial Statements Together with Report of Independent Public Accounts

Financial Statements, Supplementary Information and Report of Independent Certified Public Accountants

Financial Statements June 30, 2017 Rogers State University

Financial Statements with Supplemental Schedules. Fiscal Year Ended June 30, 2013

KENTUCKY STATE UNIVERSITY (A Component Unit of the Commonwealth of Kentucky) FINANCIAL STATEMENTS June 30, 2018

OKLAHOMA STATE UNIVERSITY. June 30, 2011

ASSOCIATED STUDENTS, INC. CALIFORNIA POLYTECHNIC STATE UNIVERSITY, SAN LUIS OBISPO Financial Statements and Supplementary Information for the Year

California State University, Northridge Foundation Financial Statements (With Supplementary Information) and Independent Auditor's Report

Financial Overview. Management s Discussion

Table of Contents. Consolidated Financial Statements and Supplementary Schedule of Expenditures of Federal Awards: Independent Auditors Report 1

Oklahoma Panhandle State University

Kent State University. Financial Report June 30, 2010

Western Oklahoma State College Table of Contents June 30, 2018 and 2017

Fairmont State University

WESTFIELD STATE UNIVERSITY (an agency of the Commonwealth of Massachusetts) FINANCIAL STATEMENTS AND MANAGEMENT S DISCUSSION AND ANALYSIS

KPBS FM/TV. Financial Statements and Report of Independent Certified Public Accountants. June 30, 2018 and 2017

University of NORTH ALABAMA FINANCIAL REPORT 2017

CALIFORNIA STATE UNIVERSITY CHANNEL ISLANDS FINANCING AUTHORITY. Financial Statements for the Year Ended June 30, 2015 and Independent Auditors Report

Report of Independent Auditors in accordance with the Uniform Guidance and Financial Statements for

Kent State University (a component unit of the State of Ohio)

Transcription:

University of California, San Diego Detailed Financial Schedules For the Year Ended June 30, 2011

UNIVERSITY OF CALIFORNIA, SAN DIEGO Unaudited Detailed Financial Schedules for the Year Ended June 30, 2011 CONTENTS A Letter from the Controller 1 Financial Overview 2-5 Summarized selected data for the past Nine Years 6 Statement of Revenues and Expenses 7 Statement of Net Assets 8 Statement of Revenues, Expenses, and Changes in Net Assets 9 Statement of Cash Flows 10 Notes to the Financial Schedules 11-18 Current Funds Revenues 19-20 Current Funds Expenditures by Uniform Classification Category 21-27 Current Funds Expenditures by Department 28-42 Current Funds Expenditures - Financial Aid 43-45 Current Funds Expenditures by Fund Source 46-51 Current Funds Expenditures by Expenditure Category by Fund Source 52-53 Current Funds Expenditures by Department Loc O 54-55 Long-Term Debt Schedules 56-62

SAN DIEGO: OFFICE OF THE CONTROLLER LA JOLLA, CA 92093-0951 TEL: (858)534-0660 January 5, 2012 STEVEN W. RELYEA VICE CHANCELLOR 0007 I am pleased to submit the Detailed Financial Schedules of the San Diego Campus for the fiscal year ended June 30, 2011. The records and accounts of the University from which this report is prepared are maintained in accordance with generally accepted accounting principles prescribed by the Governmental Accounting Standards Board (GASB) and the National Association of College and University Business Officers. The Detailed Financial Schedules are not audited and are intended for internal use. The accounts of the University of California are audited annually on a consolidated basis by the firm of PricewaterhouseCoopers, LLP, whose audit report and opinion statement are transmitted to The Regents. The consolidated financial statements are presented in the modified format required by the GASB. This report is available via BLINK as a PDF document. Donald A. Larson Controller UNIVERSITY OF CALIFORNIA-(Letterhead for Interdepartmental use)

FINANCIAL OVERVIEW University of California, San Diego INTRODUCTION The San Diego campus of the University of California was founded in 1912 and designated a general campus in 1959. During the fiscal year ended June 30, 2011, the San Diego Campus averaged 28,071 employees [8,787 academic and 19,284 staff] and in the Fall Quarter served 29,899 students [23,663 undergraduate and 6,236 graduate and professional students]. Academic programs are conducted in the residential colleges (Revelle, Muir, Marshall, Warren, Eleanor Roosevelt, and Sixth College), the School of Medicine, the Jacobs School of Engineering, the Graduate School of International Relations and Pacific Studies, the Scripps Institution of Oceanography, the Skaggs School of Pharmacy and Pharmaceutical Sciences, and the Rady School of Management. The UCSD Medical Center serves as the campus teaching hospital. Summarized, unaudited financial statements for the campus are presented in accordance with generally accepted accounting principles as prescribed by the Governmental Accounting Standards Board (GASB) and are included in this report. The three primary financial statements are: statement of net assets; statement of revenues, expenses and changes in net assets; and statement of cash flows. These statements present the financial position, operating activities, and cash flows for the University. The statements represent the combined activities of campus departments and the UCSD Medical Center. Also included are the financial activities of the UCSD Foundation, The Green Foundation, and the Sanford Consortium for Regenerative Medicine, all related but independent organizations. Following the statements, several distinct presentations of current funds revenue and expenses are provided. Lastly, are several schedules of long-term debt. The audited, consolidated financial statements of the University of California are available on the WEB at: http://www.ucop.edu/ucophome/busfin/reports.html. The discussion and analysis provides an overview of the financial position and activities of the University of California, San Diego for the year ended June 30, 2011, with selected comparative information for the year ended June 30, 2010 and should be read in conjunction with the financial statements and notes to the financial statements. The discussion and analysis is available at http://blink.ucsd.edu/blink/external/topics/sponsor/0,1362,3931,00.html. FINANCIAL OVERVIEW Statement of Net Assets The statement of net assets (see page 8) presents information on all the University s assets, liabilities, and net assets at the end of the fiscal year. The difference between total assets and liabilities (net assets) is an indicator of the current financial condition of the University. At June 30, 2011, the University s net assets were $2.52 billion, with assets of $4.88 billion and liabilities of $2.36 billion. Assets UC San Diego total assets increased by $560.69 million to $4.88 billion in 2011, compared to $4.32 billion in 2010, primarily due to capital assets net of depreciation increasing by $331.84 million. Cash and equity in treasurer s investments The University s cash and equity in treasurer s investments totaled $1.34 billion at the end of 2011 and $1.14 billion at the end of 2010. The net increase of $199.20 million is due to an increase in the short-term investments component of $205.30 million, offset in part by a decrease in cash of $6.06 million. Accounts receivable, net Accounts receivable in total increased by $66.13 million to $371.87 million in 2011 from $305.74 million in 2010. The increase is in the State and Federal Government category, where receivables for state funded construction of the Structural and Materials Engineering Bldg. increased 28.50 million, and the receivables for the Rady Management School Phase 2 increased $12.60 million. Investments--Investments classified as current assets are generally fixed or variable income securities in the Short Term Investment Pool (STIP) and Total Return Investment Pool (TRIP) with a maturity date within one year. 2

FINANCIAL OVERVIEW University of California, San Diego Noncurrent investments include securities in the General Endowment Pool (GEP) or other pools, in addition to fixed or variable income securities in STIP and TRIP with a maturity date beyond one year. The TRIP investment pool, established in 2009, is managed to a total return objective and is intended to supplement STIP. The financial markets, both domestically and internationally, have been volatile in recent times and this has affected the valuation of investments. The Regents of the University of California (The Regents) utilizes asset allocation strategies that are intended to optimize investment returns over time in accordance with their investment objectives, while maintaining an acceptable level of risk. The GEP portfolio return was up 20.2 percent in 2011, an increase of 8.9 percent versus 2010. TRIP had a positive return of 11.2 percent in 2011 a decrease of 2.8 percent from 2010. STIP had positive return of 2.5 percent in 2011, a decrease of 0.2 percent from 2010. Investment of cash collateral--the University participates in a securities lending program incorporating securities owned by both the University and UCRS as a means to augment income. It is managed as a single program for all campuses by the University of California Office of the President. Capital assets, net--capital spending continues at a brisk pace in order to provide the facilities necessary to support the University s teaching, research and public service mission and for patient care. These facilities include core academic buildings, housing and auxiliary enterprises, health science centers, utility plants, infrastructure, and public service. Capital assets, net of accumulated depreciation, increased by $331.84 million to $3.01 billion in 2011. The increase reflects current year capital construction expenditures for the Sanford Consortium for Regenerative Medicine building, $96.90 million; the Sulpizio Cardiovascular Center, $37.50 millon; the Telemed Education Facility building, $36.70 million, the Thornton Hospital Bed Tower, $30.40 million; and the Structural and Materials Engineering building, $30.40 million. Other assets--other assets including investments held by trustees, pledges receivable, notes and mortgages receivable, and inventories decreased by $36.52 million in 2011 versus 2010. The decrease in 2011 is primarily the result of the use of funds held by trustees in 2010 for the construction of the Sanford Consortium for Regenerative Medicine building, which was essentially completed at June 30. Liabilities The University s liabilities totaled $2.36 billion in 2011. This total includes the liabilities of $1.42 billion for capital projects that provide financing for projects on more than one campus and are accounted for centrally at the UC Office of the President (UCOP). Long-term debt This debt, principally recorded at the Office of the President, increased by $51.36 million to $1.74 billion in 2011. The major increase in 2011 was for several revenue bonds for a total of $40.10 million to be used for several building construction projects. Other liabilities Other liabilities increased by $35.11 million to $619.71 million in 2011 from $584.60 million in 2010. This increase is principally the result of other liabilities of $19.63 million with the vacation leave accrual being the major component at $6.97 million. Net assets Net assets represent the residual interest in the University s assets after all liabilities are deducted. Net assets are reported in five major categories: reserved for minority interests, invested in capital assets, net of related debt; restricted, nonexpendable; restricted expendable; and unrestricted. The University s net assets grew by $474.22 million to $2.52 billion in 2011. Invested in capital assets, net of related debt This category increased to $1.27 billion in 2011, compared to $1.04 billion in 2010. The increase represents the University s continued investment in its physical facilities. Principal projects financed and capitalized in 2011 were the Sulpizio Cardiovascular Center, the Telemed Education Facility building, the Thornton Hospital Bed Tower, and the Structural and Materials Engineering building. Restricted expendable The increase of $7.17 million in 2011 to $147.95 million reflects an increase of $10.88 million in capital projects, an increase of $4.71 million in debt service and offset in part by a decrease in gifts of $8.41 million. 3

FINANCIAL OVERVIEW University of California, San Diego Unrestricted Under generally accepted accounting principles, net assets that are not subject to externally imposed restrictions governing their use must be classified as unrestricted for financial reporting purposes. Unrestricted net assets increased $203.37 million to $1.07 billion in 2011. The increase reflects a $98.44 million increase in general funds, and a $30.56 million increase in other state funds, which reflect a change in the accounting treatment for these funds between U.C. San Diego and the UC Office of the President. There was also a $69.12 million increase in unexpended funds for capital projects. GASB Statement No. 14 entities For the period ended June 30, 2011, the inclusion of the Sanford Consortium for Regenerative Medicine included third-party debt of $62.00 million, and gift revenues of $ 0.68 million. The University s results of operations The statement of revenues, expenses, and changes in net assets (see page 9) is a presentation of the University s operating results. It indicates whether the financial condition has improved or deteriorated. In accordance with GASB requirements, certain significant revenues relied upon and budgeted for fundamental operational support of the core instructional mission of the University are required to be recorded as nonoperating revenues, including state educational appropriations, private gifts, and investment income. Revenues supporting core activities Revenues to support the University s core activities, including those classified as non-operating revenues, were $3.23 billion and $2.95 billion in 2011 and 2010, respectively. This diversified source of revenue increased by $275.59 million in 2011. State of California educational appropriations, in conjunction with student tuition and fees, are the core components that support the instructional mission of the University. Grants and contracts provide opportunities for undergraduate and graduate students to participate in basic research alongside some of the most prominent researchers in the country. Gifts to the University allow crucial flexibility for support of its fundamental activities or new academic initiatives. Other significant revenues are from the Medical Center; educational activities; and auxiliary enterprises such as student housing, food service operations, parking, and the Bookstore. Student tuition and fees, net Student tuition and fees revenue, net of scholarship allowances, grew in 2011 by $37.80 million to $350.45 million. The increase reflects continued annual increases in fees during the fiscal period for all categories of students due to the ongoing budget difficulties of the State of California which has resulted in several years of decreasing support for higher education. Grants and contracts Revenues from grants and contracts increased $77.75 million in 2011 to $959.87 million. This revenue represents support from a variety of federal, state, private, and local agencies, with funding from the American Recovery and Reinvestment Act (ARRA) being a major contributor in 2011. Funding from private corporations and local governments showed a 6.2 percent increase in fiscal 2011. Medical Center Revenues of $959.59 million in 2011 reflect an increase of $104.83 million from 2010. Net patient service revenue for 2011 increased by $79.80 million over 2010. The increase in 2011 over 2010 in this category was due to patient volumes, contract price increases, and improved collections. Net patient service revenue is reported net of estimated allowances under contractual arrangements with Medicare, Medi-Cal, the county of San Diego, and other third-party payers and has been estimated based upon the principles of reimbursements and terms of the contracts currently in effect. Sales and services, educational activities Revenues from educational activities grew by $51.70 million to $311.96 million in 2011 compared to $260.26 million in 2010. The increase is due to a $51.7 million increase in the medical group s patient revenue which included a full year s results from the affiliation with Children's Hospital. State educational appropriations Educational appropriations from the state of California increased by $15.68 million to $298.03 million in 2011. The State s continued fiscal crisis in 2011 resulted in further reductions in overall state funding by the legislature and the governor. However, this decrease was offset by federal pass-through stimulus funds. Because of the complexity and timing of these actions, it is important to look at year-over-year changes over a four-year rather than one-year period. While the one-year change between 2011 and 2010 appears to reflect an increase in state educational appropriations when compared to 2008, there was actually a decline of $3.28 million over the four-year period. 4

FINANCIAL OVERVIEW University of California, San Diego Private gifts Private gifts decreased by $34.32 million in 2011 to $51.28 million. In 2010, UC San Diego recorded $27.45 million for the Sanford Consortium for Regenerative Medicine, a one-time event, to comply with GASB Statement No. 14 requirements. This gift was for the construction of the building to house the Consortium. Private gifts in general are down slightly from historic levels due to the current economic environment. Expenses associated with core activities Expenses associated with the University s core activities, including those classified as non-operating expenses, increased by $199.34 million, from $2.81 billion to $3.07 billion in 2011. Salaries and benefits More than 60 percent of the University s expenses are related to salaries and benefits. During 2011, salaries and benefits increased to $1.86 billion. The increase of $156.79 million reflected programmed faculty merits, necessary new hiring, seventeen union contract wage implementations and benefit cost increases. UCRP benefits beginning in May 2010 and for subsequent months, the employer contribution was increased to four percent of covered salary and wages. In the previous years, either no contribution or limited contribution was made to UCRP. This resulted in a $31.89 million increase in 2011 over 2010. Utilities During 2011, utility expenses were $46.76 million, a decrease of $0.32 million from fiscal 2010, primarily as a result of an aggressive solar panel installation program and other energy-saving steps taken by the University. Scholarships and fellowships The University is committed to make the world-class education affordable and places high priority on student financial aid. The numbers reported under scholarships and fellowships include total financial aid expenditure and scholarship allowances. The total of financial aid expenditure accounts for a significant portion of the University s operating expenses and has increased annually; total payments for 2011 was $210 million up from $179 million in 2010. Scholarship allowance is an accounting adjustment required by GASB Statement No. 34 and prescribes that revenues be reported net of discounts and allowances. The scholarship allowance fluctuates from year to year depending on the timing and types of aid payments. Because of this, the reported number for scholarship and fellowships also fluctuate over time. Other expenses Other expenses consist of a variety of expense categories, including travel, rent, insurance, legal settlements, and repairs and maintenance, plus any gain or loss on disposals of capital assets and other nonoperating expenses. Expenses in this category were $379.08 million in 2011, or an increase of $50.76 million over 2010. Key contributors were subcontractor costs (federal grants and contracts related) for an increase of $24.36 million, and repairs and maintenance of $11.97 million. Other Changes in Net Assets Other changes in net assets are also not available to support the University s operating expenses in the current year. State capital appropriations and capital gifts and grants may only be used for the purchase or construction of the specified capital assets. Only income earned from gifts of permanent endowments is available in future years to support the specified program. A $260.04 million decrease occurred primarily as a result of a change in accounting treatment for administrative cost recoveries from federally sponsored programs. These monies, formerly transferred to the UC Office of the President, are now held at the local campus, and reported elsewhere in the financial statements. In accordance with GASB reporting standards, operating losses were $160.93 million in 2011 and $252.52 million in 2010. These operating losses were more than offset by net revenues and expenses that are required by GASB to be classified as non-operating, but which remain available to support operating activities of the University, $379.97 million in 2011 and $395.31 million in 2010. This income is restricted by either legal or fiduciary obligations, and is allocated for academic and research initiatives or programs, necessary debt service, or required for capital purposes. Statement of cash flows In 2011, net cash inflow from operating activities was $21.20 million, and an additional $407.38 million was provided by noncapital financing activities. By comparison, in 2010 the net cash inflow from operating activities was $7.14 million, with $404.96 million of cash provided by noncapital financing activities. The net cash outflow from capital and related financing activities was $461.35 million in 2011 and $249.12 million in 2010. The primary uses of cash were payments to employees, suppliers, utilities, and capital asset purchases. Cash sources include grants and contracts, receipts from the Medical Center, and student tuition. 5

University of California, San Diego 2010-2011 (Dollars in Thousands) SUMMARIZED SELECTED DATA FOR TEN YEARS (UNAUDITED ) 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 EMPLOYMENT Academic 8,787 8,588 8,143 7,811 7,566 7,346 7,119 6,959 6,605 5,823 Staff 19,284 18,818 18,969 18,454 18,445 17,279 17,068 16,591 16,281 15,403 Total 28,071 27,406 27,112 26,265 26,011 24,625 24,187 23,550 22,886 21,226 STUDENT ENROLLMENT (Fall Quarter) Undergraduate 23,663 23,143 22,518 22,048 21,369 20,679 20,339 19,872 19,088 17,505 Graduate and professional 6,236 5,967 5,682 5,634 5,507 5,285 4,939 4,835 4,460 4,063 Total 29,899 29,110 28,200 27,682 26,876 25,964 25,278 24,707 23,548 21,568 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 OPERATING AND NONOPERATING REVENUES Student tuition and fees, net $ 350,453 $ 312,657 $ 260,915 $ 230,451 $ 202,465 $ 192,606 $ 176,265 $ 144,887 $ 119,801 $ 104,370 Grants and contracts 959,865 882,114 812,825 765,512 738,575 686,472 660,524 638,852 583,271 538,216 Medical Center 959,588 854,759 805,547 732,500 659,469 620,946 556,737 498,250 455,909 435,460 Educational activities 311,959 260,264 227,425 223,764 204,164 181,127 162,670 163,853 148,585 143,611 Auxiliary enterprises, net 136,374 133,842 134,575 130,696 120,610 109,378 106,167 100,455 88,325 80,416 State educational appropriations 298,025 282,346 244,612 301,300 282,940 260,587 250,531 268,539 295,733 309,049 State financing appropriations 21,113 15,639 13,030 17,602 18,658 21,579 17,313 16,775 14,699 17,412 Federal financing appropriation 6,698 4,325 - - - - - - - - Federal pell grants (1) 53,554 44,385 - - - - - - - - Private gifts 51,284 85,608 55,791 59,136 62,618 48,014 49,372 51,991 38,571 36,795 Investment income 26,876 20,306 24,613 24,505 22,384 19,562 14,486 12,401 13,329 14,599 Other 50,443 54,497 56,752 54,936 56,930 34,039 30,502 22,294 22,067 21,897 Total $ 3,226,232 $ 2,950,742 $ 2,636,085 $ 2,540,402 $ 2,368,813 $ 2,174,310 $ 2,024,567 $ 1,918,297 $ 1,780,290 $ 1,701,825 OPERATING AND NONOPERATING EXPENDITURES Salaries and wages $ 1,481,492 $ 1,394,308 $ 1,319,900 $ 1,249,558 $ 1,133,959 $ 1,048,463 $ 976,396 $ 922,457 $ 869,260 $ 819,421 Benefits 382,700 313,095 278,283 252,920 232,579 226,706 204,662 185,529 167,266 151,959 Scholarships and fellowships 80,811 90,265 57,962 51,626 44,870 37,811 43,460 17,644 23,606 22,397 Utilities 46,760 47,082 47,997 43,675 71,752 63,119 51,186 48,769 45,068 43,900 Supplies and materials 363,459 388,839 379,893 383,559 314,498 301,857 280,016 267,981 242,725 209,802 Depreciation and amortization 195,303 188,641 174,200 168,423 168,940 158,418 145,831 140,104 129,299 121,853 Interest expense (2) 75,138 55,137 336 4,743 5,137 5,810 5,246 5,722 6,034 6,889 Other 381,523 330,581 326,954 324,739 276,189 248,631 250,195 247,071 238,339 237,132 Total $ 3,007,186 $ 2,807,948 $ 2,585,525 $ 2,479,243 $ 2,247,924 $ 2,090,815 $ 1,956,992 $ 1,835,277 $ 1,721,597 $ 1,613,353 OPERATING EXPENDITURES BY FUNCTION Instruction $ 561,284 $ 513,800 $ 474,703 $ 476,581 $ 431,857 $ 395,072 $ 375,260 $ 338,669 $ 312,508 $ 289,532 Research 700,292 665,985 609,965 557,902 526,741 509,533 500,529 474,414 438,931 407,038 Public service 20,664 17,482 16,808 16,463 15,767 16,601 10,009 11,790 12,391 11,466 Academic support 236,464 196,305 190,073 192,810 155,183 152,207 130,764 142,790 147,613 130,717 Student services 75,855 66,999 62,338 57,152 49,962 45,291 42,794 40,607 39,536 38,022 Institutional support 85,663 104,407 121,632 111,505 101,308 85,058 79,844 74,651 71,879 64,917 Operation and maintenance of plant 62,855 64,688 69,355 63,445 63,548 59,699 48,130 43,017 39,434 44,978 Student financial aid 82,651 94,148 58,932 55,106 49,830 41,425 40,024 36,797 38,774 36,258 Medical Center 793,329 720,920 692,853 656,326 573,102 524,314 490,795 447,545 414,722 394,974 Auxiliary enterprises 112,199 108,026 110,933 107,773 97,487 86,366 80,914 74,072 68,159 64,192 Depreciation 195,303 188,641 174,200 168,423 168,940 158,418 145,831 140,104 129,299 121,853 Impairment of capital assets - - - - - 672 2,491 - - - Other 3,048 9,144 2,182 10,374 8,974 10,268 4,218 5,011 2,215 2,420 Total $ 2,929,607 $ 2,750,545 $ 2,583,974 $ 2,473,860 $ 2,242,699 $ 2,084,924 $ 1,951,603 $ 1,829,467 $ 1,715,461 $ 1,606,367 PLANT ASSETS Capitalized value $ 5,471,803 $ 4,960,879 $ 4,551,050 $ 4,215,855 $ 3,939,206 $ 3,642,687 $ 3,390,745 $ 3,265,239 $ 2,991,254 $ 2,779,745 Accumulated depreciation (2,462,215) (2,283,128) (2,110,767) (1,973,935) (1,834,174) (1,699,060) (1,570,690) (1,561,944) (1,458,708) (1,373,321) Net plant assets $ 3,009,588 $ 2,677,751 $ 2,440,283 $ 2,241,920 $ 2,105,032 $ 1,943,627 $ 1,820,055 $ 1,703,295 $ 1,532,546 $ 1,406,424 (1) Federal Pell Grant shown as Non-Operating Revenue starting FY2010 per GASB guidelines (formerly shown as a part of Contracts and Grants - Federal). (2) Starting FY 2009-2010 Interest expense included interest paid to UCOP for local long-term debt held at UCOP. Previously these interest payments were shown as transfers in the retirement of indebtedness fund group. These changes were reflected on the campus schedules beginning in FY 2009-2010. 6

University of California, San Diego 2010-2011 (Dollars in Thousands) THE STATEMENT OF REVENUES AND EXPENSES Year Ended June 30, 2011 Year End June 30, 2010 Operating Nonoperating Total Operating Nonoperating Total Revenues Student tuition and fees, net $ 350,453 $ - $ 350,453 $ 312,657 $ - $ 312,657 Grants and contracts 959,865-959,865 882,114-882,114 Medical Center 959,588-959,588 854,759-854,759 Educational activities 311,959-311,959 260,264-260,264 Auxiliary enterprises, net 136,374-136,374 133,842-133,842 State educational appropriations - 298,025 298,025-282,346 282,346 Federal financing appropriations - 6,698 6,698-4,325 4,325 Federal pell grants - 53,554 53,554-44,385 44,385 State financing appropriations - 21,113 21,113-15,639 15,639 Private gifts - 51,284 51,284-85,608 85,608 Investment income - 26,876 26,876-20,306 20,306 Other revenues 50,443 50,443 54,395 102 54,497 Revenues supporting core activities 2,768,682 457,550 3,226,232 2,498,031 452,711 2,950,742 Expenses Salaries and wages 1,481,492-1,481,492 1,394,308-1,394,308 Benefits 382,700-382,700 313,095-313,095 Scholarships and fellowships 80,811-80,811 90,265-90,265 Utilities 46,760-46,760 47,082-47,082 Supplies and materials 363,459-363,459 388,839-388,839 Depreciation and amortization 195,303-195,303 188,641-188,641 Interest expense (1) - 75,138 75,138-55,137 55,137 Other expenses Building maintenance 129,748-129,748 113,523-113,523 Travel 35,820-35,820 33,460-33,460 Telecommunications 29,734-29,734 29,579-29,579 Other 183,780 28 183,808 151,754-151,754 Expenses associated with core activities 2,929,607 75,166 3,004,773 2,750,546 55,137 2,805,683 Income (loss) from core activities $ (160,925) $ 382,384 221,459 $ (252,515) $ 397,574 145,059 Other Nonoperating Activities Loss on disposal of capital assets, net (2,413) (2,265) Income before other changes in net assets 219,046 142,794 Other Changes in Net Assets State capital appropriations 43,156 17,624 Capital gifts and grants 50,869 10,915 Transfers 161,144 (98,896) Increase in net assets 474,215 72,437 Net Assets Beginning of year 2,047,204 1,974,767 Cummulative effect of a change in accounting principle - - End of year $ 2,521,419 $ 2,047,204 Financial statements for the University of California, San Diego are unaudited. Financial statements for the UC San Diego Foundation are audited. See accompanying Notes to the Financial Statements (1) Starting FY 2009-2010 interest expense included interest paid to UCOP for local long-term debt held at UCOP. Previously, these interest payments were shown as transfers in the Retirement of indebtedness fund group. These changes were reflected on the campus schedules beginning FY 2009-2010. 30% Grants and Contracts 30% Medical Center 11% Student Tuition and Fees 10% Educational Activities 9% State Educational Appropriations 4% Auxiliary Enterprises 2% Other Revenues 2% Federal Pell Grants 1% Private Gifts 1% Investment Income 49% Salaries and Wages 13% Benefits 12% Supplies and Materials 8% Other Expenses 6% Depreciation and Amortization 4% Building Maintenance 3% Scholarships and Fellowships 3% Interest Expense 2% Utilities 7

(Dollar in Thousands) Univeristy of California, San Diego 2010-2011 STATEMENT OF NET ASSETS Campus Foundation 2011 2010 2011 2010 ASSETS Current Assets Cash and equity in treasurer's investments $ 1,338,619 $ 1,139,382 $ 1,486 $ 980 Investments held by trustees - - 83,953 73,422 Accounts receivable, net State and federal government 102,679 58,130 - - Medical Center 171,930 165,126 - - Other 97,264 82,488 49 70 Pledges receivable, net 3,483 6,668 24,052 5,297 Notes receivable, net 3,161 3,039 - - Inventories 26,727 24,347 - - Other current assets 47,385 30,957 206 99 Total current assets 1,791,248 1,510,137 109,746 79,868 Noncurrent Assets Investments held by trustees 20,675 76,402 428,228 356,866 Pledges receivable 6,425 10,049 81,804 35,561 Notes and mortgages 34,705 30,252 - - Land, buildings, equipment, libraries, and special collections 5,471,803 4,960,879 - - Less: Accumulated depreciation (2,462,216) (2,283,130) - - Other noncurrent assets 17,770 15,133 1,136 1,330 Total noncurrent assets 3,089,162 2,809,585 511,168 393,757 Total assets $ 4,880,410 $ 4,319,722 $ 620,914 $ 473,625 LIABILITIES Current Liabilities Accounts payable $ 154,528 $ 161,124 $ 1,320 $ 1,250 Accrued salaries and benefits 151,839 139,353 - - Deferred revenue 126,049 114,017 - - Current portion of long-term debt 57,267 50,563 - - Funds held for others 1,691 1,677 109 123 Annuities payable - - 842 1,104 Liabilities to life beneficiaries - - 1,421 1,205 Other current liabilities 99,431 82,591 - - Total current liabilities 590,805 549,325 3,692 3,682 Noncurrent Liabilities Federal refundable loans 27,758 24,635 - - Annuities payable - - 5,992 6,785 Liabilities to life beneficiaries - - 8,954 8,143 Long-term debt Revenue bonds 1,258,587 1,297,389 - - Mortgages and other borrowings 111,525 21,955 - - Capital lease obligations 248,356 253,155 - - Third party debt 63,552 64,862 - - Other noncurrent liabilities 58,408 61,197 - - Total noncurrent liabilities 1,768,186 1,723,193 14,946 14,928 Total liabilities $ 2,358,991 $ 2,272,518 $ 18,638 $ 18,610 NET ASSETS Reserved for minority interests $ 31,418 $ - $ - $ - Invested in capital assets, net of related debt 1,269,933 1,037,675 - - Restricted Nonexpendable Endowments - - 279,478 254,220 Annuity and life income funds - - 5,257 3,862 Expendable Endowments - - 106,044 66,858 Endowment income 12,444 12,743 - - Annuity and life income funds - - 7,201 5,104 Funds functioning as endowments - - 12,732 10,650 Loans 4,035 3,700 - - Gifts 86,216 94,624 187,072 110,327 Capital projects 35,687 24,809 - - Debt service 9,499 4,787 - - Other 73 125 - - Unrestricted 1,072,114 868,741 4,492 3,994 Total net assets $ 2,521,419 $ 2,047,204 $ 602,276 $ 455,015 Financial statements for the University of California, San Diego are unaudited. Financial statements for the UC San Diego Foundation are audited. See accompanying Notes to the Financial Statements 8

(Dollar in Thousands) University of California, San Diego 2010-2011 STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET ASSETS Campus Foundation 2011 2010 2011 2010 OPERATING REVENUES Student tuition and fees, net $ 350,453 $ 312,657 $ - $ - Grants and contracts Federal 692,035 635,847 - - State 50,682 41,848 - - Private 204,003 193,337 - - Local 13,145 11,082 - - Sales and services Medical Center 959,588 854,759 - - Educational activities 311,959 260,264 - - Auxiliary enterprises, net 136,374 133,842 - - Contributions revenue - - 111,219 39,937 Other operating revenues, net 50,443 54,395 - - Total operating revenues 2,768,682 2,498,031 111,219 39,937 OPERATING EXPENSES Salaries and wages 1,481,492 1,394,308 - - Benefits 382,700 313,095 - - Scholarships and fellowships 80,811 90,265 - - Utilities 46,760 47,082 - - Supplies and materials 363,459 388,839 - - Depreciation and amortization 195,303 188,641 - - Grants to campus - - 52,552 52,134 Other operating expenses Building maintenance 129,748 113,523 - - Travel 35,820 33,460 - - Telecommunications 29,734 29,579 - - Other 183,780 151,754 - - Total operating expenses 2,929,607 2,750,546 52,552 52,134 Operating income (loss) (160,925) (252,515) 58,667 (12,197) NONOPERATING REVENUES (EXPENSES) State educational appropriations 298,025 282,346 - - State financing appropriations 21,113 15,639 - - Federal financing appropriations 6,698 4,325 - - Federal pell grants 53,554 44,385 - - Private gifts 51,284 85,608 - - Investment income 26,876 20,306 8,338 7,353 Realized gain on sale of investments - - 587 (1,853) Unrealized appreciation/depreciation on investments - - 63,864 33,205 Interest expense (1) (75,138) (55,137) - - Change in value of annuity and life income liabilities - - 3,492 832 Loss on disposal of capital assets, net (2,413) (2,265) - - Other nonoperating revenues (expenses) (28) 102 35 20 Total net nonoperating revenues (expenses) 379,971 395,309 76,316 39,557 Income before other changes in net assets 219,046 142,794 134,983 27,360 OTHER CHANGES IN NET ASSETS State capital appropriations 43,156 17,624 - - Capital gifts and grants 50,869 10,915 - - Permanent endowments - - 12,278 10,520 Transfers 161,144 (98,896) - - Total other changes in net assets 255,169 (70,357) 12,278 10,520 Increase in net assets 474,215 72,437 147,261 37,880 NET ASSETS Net assets, beginning of year 2,047,204 1,974,767 455,015 417,135 Cummulative effect of a change in accounting principle - - - - Net assets, end of year $ 2,521,419 $ 2,047,204 $ 602,276 $ 455,015 Financial statements for the University of California, San Diego are unaudited. Financial statements for the UC San Diego Foundation are audited. (1) Starting FY 2009-2010 interest expense included interest paid to UCOP for local long-term debt held at UCOP. Previously, these interest payments were shown as transfer in the Retirement of indebtedness fund group. These changes were reflected on the campus schedules beginning FY 2009-2010. 9

(Dollar in Thousands) University of California, San Diego 2010-2011 STATEMENT OF CASH FLOWS Campus Foundation 2011 2010 2011 2010 CASH FLOWS FROM OPERATING ACTIVITIES Student tuition and fees $ 350,585 $ 311,457 $ - $ - Grants and contracts 963,774 874,895 - - Receipts from sales and services of Medical Center 952,971 839,095 - - Educational activities 307,009 262,786 - - Auxiliary enterprises 137,448 135,040 - - Receipts from contributions - - 44,866 36,086 Collections of loans to students and employees 3,628 2,788 - - Payments to employees (1,459,775) (1,316,520) - - Payments to suppliers and utilities (784,582) (739,598) - - Payments for benefits (386,481) (308,098) - - Payments for scholarships and fellowships (80,811) (90,265) - - Payments to campuses - - (46,130) (46,060) Payments to beneficiaries - - (2,416) (2,303) Loans issued to students and employees (8,183) (5,576) - - Other receipts (payments) 25,614 41,136 (4,189) (5,007) Net cash provided (used) by operating activities 21,197 7,140 (7,869) (17,284) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES State educational appropriations 298,025 282,346 - - Federal pell grants 53,420 44,385 - - Private gifts for endowment purposes - - 9,281 9,914 Private gifts received for other than capital purposes 56,804 76,964 - - Other receipts (payments) (512) 1,261 1,025 8 Net cash flows from noncapital financing activities 407,737 404,956 10,306 9,922 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES State capital appropriations 869 15,408 - - State financing appropriations 16,571 13,676 - - Federal financing appropriations 6,698 4,325 - - Capital gifts and grants 50,251 11,496 - - Proceeds from debt issuance 69,001 253,417 - - Proceeds from the sale of capital assets 252 157 - - Proceeds from insurance recoveries - - - - Purchases of capital assets (466,561) (525,810) - - Refinancing/prepayment outstanding debt (41,263) - - - Principal paid on debt and capital leases (10,704) (11,926) - - Interest paid on debt and capital leases (86,459) (9,859) - - Net cash provided (used) by capital and related activities (461,345) (249,116) - - CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from sale and maturities of investments 26 42 58,527 45,945 Purchase of investments - - (68,205) (47,577) Other receipts 9,092 5,073 7,747 6,950 Net cash provided (used) by investing activities 9,118 5,115 (1,931) 5,318 CHANGE IN ACCOUNTING PRINCIPLES Cumulative effect of change in accounting principles - - - - Net change due to GASB Prouncements - - - - CASH FLOWS FROM TRANSFERS Current Intercampus 29,784 352,242 - - Interfund 18,669 (118,926) - - Net revenue of bonds and other indebtedness programs - - - - Unexpended plant 181,625 121,852 - - Retirement of indebtedness (7,870) (71,107) - - Investment in plant 192 62 - - Loan 102 69 - - Indirect cost recovery - (191,428) - - Net cash flows from transfers 222,502 92,764 - - Total net increase in cash 199,209 260,859 506 (2,044) Cash beginning of year 1,138,647 877,788 980 3,024 Cash end of year $ 1,337,856 $ 1,138,647 $ 1,486 $ 980 RECONCILIATION OF OPERATING LOSS TO NET CASH USED BY OPERATING ACTIVITIES Operating income (loss) $ (160,926) $ (252,515) $ 58,667 $ (12,197) Depreciation and amortization expense 195,303 188,641 - - Noncash gifts - - (1,358) (7,954) Allowance for doubtful accounts 46,945 32,134 - - Allowance for uncollectible receivables - - 181 (206) Loss on impairment of capital assets - - - - Change in assets and liabilities Receivables, net (75,701) (59,242) (65,177) 4,309 Inventories (2,380) (249) - - Deferred charges (16,428) (10,279) - - Other assets (1,875) (4,399) - - Accounts payable (5,915) 20,825 (116) 272 Accrued salaries and benefits 12,488 74,561 - - Deferred revenue 12,259 4,735 - - Annuities payable - - (740) (869) Other liabilities 17,427 12,928 674 (638) Net cash used by operating activities $ 21,197 $ 7,140 $ (7,869) $ (17,283) Financial statements for the University of California, San Diego are unaudited. Financial statements for the UC San Diego Foundation are audited. See accompanying Notes to the Financial Statements 10

NOTES TO THE FINANCIAL SCHEDULES University of California, San Diego FINANCIAL REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES Financial Reporting Entity The accompanying unaudited financial statements of the University of California, San Diego campus, including the UCSD Medical Center, have been prepared in accordance with generally accepted accounting principles, including all applicable effective statements of the Financial Accounting Standards Board through November 30, 1989 and generally adhering to the statements of the Governmental Accounting Standards Board (GASB), using the accrual basis of accounting. The accounts of the San Diego campus are subject to limited-scope procedures as a part of the annual audit of the financial statements of the entire University of California. The financial statements of the San Diego campus have not been individually audited. The significant accounting policies of the University, not including the campus foundation, are summarized below. The UCSD Foundation is a nonprofit, public-benefit corporation organized for the purpose of accepting and administering the full range of private contributions for the campus. It is qualified as tax-exempt organization under the provision of Section 501(c) (3) of the Internal Revenue Code and is exempt from federal and state income taxes on related income The unaudited financial schedules represent the combined activities of campus departments and the UCSD Medical Center. However, campus activities within Office of the President (UCOP) programs, referred to as Location O funding, are considered operations of UCOP and are not included in summary totals in this report. GASB Statement No. 59, Financial Instruments Omnibus, was adopted by the University during the year ended June 30, 2011. This statement updates existing standards regarding financial reporting and disclosure requirements of certain financial instruments and external investment pools. Implementation of Statement No. 59 had no effect on the University s net assets or changes in net assets for the years ended June 30, 2011 and 2010. GASB Statement No. 62, Codification of Accounting and Financial Reporting Guidance Contained in Pre-November 30, 1989 FASB and AICPA Pronouncements, was adopted by the University during the year ended June 30, 2011. This statement incorporates into GASB s authoritative literature certain accounting and financial reporting guidance that is included in Financial Accounting Standards Board Statements and Interpretations, Accounting Principles Board Opinions and Accounting Research Bulletins of the American Institute of Certified Public Accountants Committee on Accounting Procedures that were issued on or before November 30, 1989. Implementation of Statement No. 62 had no effect on the University s net assets or changes in net assets for the years ended June 30, 2011 and 2010. THE SIGNIFICANT ACCOUNTING POLICIES OF THE UNIVERSITY ARE AS FOLLOWS: Cash and cash equivalents The University considers all balances in demand deposit accounts to be cash. The University classifies all other highly liquid cash equivalents as short-term investments. The Office of the President/Treasurer s Office maintains centralized management for substantially all of the University s cash. Cash in demand deposit accounts is minimized by sweeping available cash balances into investment accounts on a daily basis. Short-term investments UCSD participates in a temporary investment pool that is administered by the Office of the President. This pool invests primarily in U.S. Treasury securities, commercial paper, and short-term corporate notes with cost approximating market value. These temporary investments are considered cash equivalents for the purposes of the statement of cash flows. Investments Investments are recorded at fair value. Securities, including derivative investments, are generally valued at the last sale price on the last business day of the fiscal year, as quoted on a recognized exchange or an industry standard pricing service, when available. Securities for which no sale was reported as of the close of the last business day of the fiscal year are valued at the quoted bid price of a dealer who regularly trades in the security being valued. Certain securities may be valued on a basis of a price provided by a single source. Investment transactions are recorded on the date the securities are purchased or sold (trade date). Realized gains or losses are recorded as the difference between the proceeds from the sale and the average cost of the investment sold. Dividend income is recorded on the ex-dividend date and interest income is accrued as earned. Gifts of securities are recorded based on fair value at the date of donation. Additional information on cash and investments can be obtained from the 2010-2011 annual report of the University. 11

NOTES TO THE FINANCIAL SCHEDULES - continued University of California, San Diego Endowments The campus endowment funds are invested and administered by the Endowment and Investment Accounting unit of the Office of the President, and are not included in these financial statements. Income from campus endowment funds is recorded at UCOP and transferred to the campus annually. The University s endowment income distribution policies are designed to preserve the value of the endowment and to generate a predictable stream of spendable income. Investments held by trustees All investments held by trustees are insured, registered, or held by the University s trustee or custodial bank, as fiduciary for the bondholder or as an agent for the University. Indirect Cost Recovery (Transfers) Indirect cost recoveries (ICR) generated by the campus from its own federal, state, and private contract and grant activity are now retained locally effective FY 2010-2011. For federal ICR, the campus completed the distribution of ICR funds into categories consistent with the Memorandum of Understanding for Disposition of Receipts from Overhead with the state of California. For state ICR, the campus retained the ICR funds as part of the General Fund. For local government, private contract and grants ICR, the campus retained the ICR funds as part of discretionary funds. Accounts receivable net Accounts receivable, net of allowance for uncollectable accounts, include reimbursements due from state and federal sponsors of externally funded research, patient billings, and other receivables. Other receivables include local government and private grants and contracts, educational activities and amounts due from students, employees and faculty for services. Pledges receivable, net Unconditional pledges of private gifts to the University or to the campus foundation in the future, net of allowance for uncollectible amounts, are recorded as pledges receivable and revenue in the year promised at the present value of expected cash flows. Conditional pledges, including all pledges of endowments and intentions to pledge, are recognized as receivables and revenues when the specified conditions are met. Notes and mortgages receivable, net Loans to students, net of allowance for uncollectible amounts, are provided from federal student loan programs and from other University sources. Home mortgage loans, primarily to faculty, are provided from the University s Short Term Investment Pool and from other University sources. Mortgage loans provided by the Short Term Investment Pool are classified as investments and loans provided by other sources are classified as mortgages receivable in the statement of net assets. Inventories Inventories, consisting primarily of supplies and merchandise for resale, are valued at cost, typically determined under the weighted average method, which is not in excess of net realizable value. Capital assets Land, infrastructure, buildings and improvements, intangible assets, equipment, libraries and collections and special collections are recorded at cost at the date of acquisition, or estimated fair value at the date of donation in the case of gifts. Estimates of fair value involve assumptions and estimation methods that are uncertain and, therefore, the estimates could differ from actual value. Intangible assets include easements, land rights, trademarks, patents and other similar arrangements. Capital leases are recorded at the present value of future minimum lease payments. Significant additions, replacements, major repairs and renovations to infrastructure and buildings are generally capitalized if the cost exceeds $35,000 and if they have a useful life of more than one year. Minor renovations are charged to operations. Equipment with a cost in excess of $4,999 and a useful life of more than one year is capitalized. All costs of land, library collections and special collections are capitalized. Depreciation is calculated using the straight-line method over the estimated economic life of the asset. Leasehold improvements are amortized using the straight-line method over the shorter of the life of the applicable lease or the economic life of the asset. Estimated economic lives are generally as follows: Years Infrastructure 25 Buildings and improvements 15 33 Equipment 2 20 Computer software 3 7 Intangible assets 2 indefinite Library books and collections 15 12

NOTES TO THE FINANCIAL SCHEDULES - continued University of California, San Diego Capital assets acquired through federal grants and contracts where the federal government retains a reversionary interest are also capitalized and depreciated. Inexhaustible capital assets, such as land or special collections that are protected, preserved and held for public exhibition, education or research, including art, museum, scientific and rare book collection, are not depreciated. Interest on borrowings to finance facilities is capitalized during construction, net of any investment income earned on taxexempt borrowings during the temporary investment of project-related borrowings. Deferred Revenue Deferred revenue primarily includes amounts received from grant and contract sponsors that have not been earned under the terms of the agreement and other revenue billed in advance of the event, such as student tuition and fees and fees for housing and dining services. Funds held for others Funds held for others result from the University or the UCSD Foundations acting as an agent, or fiduciary, on behalf of organizations that are not significant or financially accountable to the University or campus foundations. Federal refundable loans Certain loans to students are administered by the University with funding primarily supported by the federal government. The University s statement of net assets includes both the notes receivable and the related federal refundable loan liability representing federal capital contributions owed upon termination of the program. Self insurance programs- The University is self-insured for medical malpractice, workers compensation, employee health care and general liability claims. These risks are subject to various claim and aggregate limits, with excess liability coverage provided by an independent insurer. Liabilities are recorded when it is probable a loss has occurred and the amount of the loss can be reasonably estimated. These losses include an estimate for claims that have been incurred, but not reported. The estimated liabilities are based upon an independent actuarial determination of the present value of the anticipated future payments. Pollution remediation obligations- Upon an obligating event, the University estimates the components of any expected pollution remediation costs and recoveries from third parties. The costs, estimated using the expected cash flow technique, are accrued as a liability. Pollution remediation liabilities generally involve groundwater, soil and sediment contamination at certain sites where state and other regulatory agencies have indicated the University is among the responsible parties. The liabilities are revalued annually and may increase or decrease the cost of recovery from third parties, if any, as a result of additional information that refines the estimates, or from payments made from revenue sources that support the activity. There were no expected recoveries at June 30, 2011 and 2010 reducing the pollution remediation liability. Net assets Net assets are required to be classified for accounting and reporting purposes into the following categories: Invested in capital assets, net of related debt This category includes all of the University s capital assets, net of accumulated depreciation, reduced by outstanding debt attributable to the acquisition, construction or improvement of those assets. Restricted The University and campus foundation classify net assets resulting from transactions with purpose restrictions as restricted net assets until the specific resources are used for the legally required purpose or for as long as the provider requires the resources to remain intact. Nonexpendable Net assets subject to externally-imposed restrictions, which must be retained in perpetuity by the University or the campus foundation, are classified as nonexpendable net assets. Such assets include the University and campus foundation permanent endowment funds. Expendable Net assets whose use by the University or the campus foundation is subject to externally imposed restrictions that can be fulfilled by actions of the University or campus foundation pursuant to those restrictions or that expire by the passage of time are classified as expendable net assets. Unrestricted Net assets that are neither reserved neither restricted nor invested in capital assets, net of related debt, are classified as unrestricted net assets. The University s unrestricted net assets may be designated for specific purposes by management or the Regents. The campus foundations unrestricted net assets may be designated for specific purposes by their Boards of Trustees. Substantially all of the University s unrestricted net assets are allocated for academic and research initiatives or programs, for capital programs or for other purposes. Expenses are charged to either restricted or unrestricted net assets based upon a variety of factors, including consideration of prior or future revenue sources, the type of expense 13

NOTES TO THE FINANCIAL SCHEDULES - continued University of California, San Diego incurred, the University s budgetary policies surrounding the various revenue sources or whether the expense is a recurring cost. Revenues and expenses Operating revenues of the University include receipts from student tuition and fees, grants and contracts for specific operating activities and sales and services from medical centers, educational activities and auxiliary enterprises. Operating expenses incurred in conducting the programs and services of the University are presented in the statement of revenues, expenses and changes in net assets as operating activities. Certain significant revenues relied upon and budgeted for fundamental operational support of the core instructional mission of the University are mandated by the GASB to be recorded as nonoperating revenues, including state educational appropriations, certain federal grants for student financial aid, private gifts and investment income, since the GASB does not consider them to be related to the principal operating activities of the University. Campus foundations are established to financially support the University. Private gifts to campus foundations are recognized as operating revenues since, in contrast to the University, such contributions are fundamental to the core mission of the campus foundations. Foundation grants to the University are recognized as operating expenses. Private gift or capital gift revenues associated with campus foundation grants to the University are recorded by the University as the gifts are made. Nonoperating revenues and expenses include state educational appropriations, state financing appropriations, Build America Bonds federal interest subsidies, Federal Pell grants, private gifts for other than capital purposes, investment income, net unrealized appreciation or depreciation in the fair value of investments, interest expense and gain or loss on the disposal of capital assets. State capital appropriations, capital gifts and grants and gifts for endowment purposes are classified as other changes in net assets. Student tuition and fees Substantially all of the student tuition and fees provide for current operations of the University. A small portion of the student fees, reported as capital gifts and grants, is required for debt service associated with student union and recreational centers. The University recognizes scholarship allowances as the difference between the stated charge for tuition and fees, housing and dining charges, recreational center and other fees, and the amount that is paid by the student and third parties on behalf of the student. Payments of financial aid made directly to students are classified as scholarship and fellowship expenses. Certain waivers of student tuition and fees considered to be scholarship allowances are recorded as an offset to revenue. State appropriations The state of California provides appropriations to the University on an annual basis. State educational appropriations are recognized as non-operating revenue; however, the related expenses are incurred to support either educational operations or other specific operating purposes. State financing appropriations provide for principal and interest payments associated with lease-purchase agreements with the State Public Works Board and are also reported as nonoperating revenue. State appropriations for capital projects are recorded as revenue under other changes in net assets when the related expenditures are incurred. Special state appropriations for AIDS, tobacco and breast cancer research are reported as grant operating revenue. Grant and contract revenue The University receives grant and contract revenue from governmental and private sources. The University recognizes revenue associated with the direct costs of sponsored programs as the related expenditures are incurred. Recovery of facilities and administrative costs of federally-sponsored programs is at cost reimbursement rates negotiated with the University s federal cognizant agency, the U.S. Department of Health and Human Services. For the year ended June 30, 2011, the facilities and administrative cost recovery totaled $214.8 million, $164.5 million from federallysponsored programs and $50.3 million from other sponsors. For the year ended June 30, 2009, the facilities and administrative cost recovery totaled $191.4 million, $188.9 million from federally-sponsored programs and $2.5 million from other sponsors. Medical center revenue Medical center revenue is reported at the estimated net realizable amounts from patients and third-party payers, including Medicare, Medi-Cal and others, for services rendered, as well as estimated retroactive adjustments under reimbursement agreements with third-party payers. Laws and regulations governing Medicare and Medi- Cal are complex and subject to interpretation. Retroactive adjustments are accrued on an estimated basis in the period the related services are rendered and adjusted in future periods as final settlements are determined. It is reasonably possible that estimated amounts accrued could change significantly based upon settlement, or as additional information becomes available. 14

NOTES TO THE FINANCIAL SCHEDULES - continued University of California, San Diego Scholarship allowances The University recognizes scholarship allowances, including both financial aid and fee waivers, as the difference between the stated charge for tuition and fees, housing and dining charges, recreational center and other fees, and the amount that is paid by the student, as well as third parties making payments on behalf of the student. Payments of financial aid made directly to students are classified as scholarship and fellowship expenses. UCRP benefits and obligation to UCRP- The University s cost for campus and Medical Center UCRP benefits expense is based upon the annual required contribution to UCRP, as actuarially determined. Campus and Medical Center contributions toward UCRP benefits, at rates determined by the Regents of the University, are made to UCRP and reduce the University s obligation to UCRP. Retiree Health Benefits Expense and obligation to UCRHBT The University established the University of California Retiree Health Benefit Trust ( UCRHBT ) to allow certain University locations and affiliates, including the Medical Center, to share the risks, rewards and costs of providing for retiree health benefits and to accumulate funds on a tax-exempt basis under an arrangement segregated from University assets. UCRHBT provides retiree health benefits to retired employees of the University Contributions from the University to the UCRHBT are effectively made to a cost-sharing single-employer health plan administered by the University. The Medical Center is required to contribute at a rate assessed each year by the UCRHBT. As a result, the Medical Center s required contributions are recognized as an expense in the statements of revenues, expenses and changes in net assets. Compensated absences The University accrues annual leave, including employer-related costs, for employees at rates based upon length of service and job classification and compensatory time based upon job classification and hours worked. Endowment spending Under provisions of California law, the Uniform Prudent Management of Institutional Funds Act allows for investment income, as well as a portion of realized and unrealized gains, to be expended for the operational requirements of University programs. Tax exemption The University is recognized as a tax-exempt organization under Section 501(c) (3) of the Internal Revenue Code (IRC). Because the University is a state institution, related income received by the University is also exempt from federal tax under IRC Section 115(a). In addition, the University is exempt from state income taxes imposed under the California Revenue and Taxation Code. UCRS plans are qualified under IRC Section 401(a) and the related trusts are tax-exempt under Section 501(c) (3). The campus foundations are exempt under Section 501(c) (3). Income received by UCRHBT is tax-exempt under Section 115(a). Use of estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenditures during the reporting period. Although management believes the estimates and assumptions are reasonable, they are based upon information available at the time the estimate or judgment is made and actual amounts could differ from those estimates. New accounting pronouncements- In November 2010, the GASB issued Statement No. 60, Accounting and Financial Reporting for Service Concession Arrangements, effective for the University s fiscal year beginning July 1, 2011. This Statement requires the University to report the activities for certain public-private partnerships as service concession arrangements in the financial statements. Service concession arrangements are recorded when the arrangements meet certain criteria which include building and operating a facility, obtaining the right to collect fees from third parties, and transferring ownership of the facility to the University at the end of the arrangement. The University is evaluating the effect that Statement No. 60 will have on its financial statements. In November 2010, the GASB issued Statement No. 61, The Financial Reporting Entity: Omnibus, effective for the University s fiscal year beginning July 1, 2011. This Statement modifies the existing requirements for the assessment of component units that should be included in the financial statements of the University. The University is evaluating the effect that Statement No. 61 will have on its financial statements. In June 2011, the GASB issued Statement No. 63, Financial Reporting of Deferred Outflows of Resources, Deferred Inflows Of Resources, and Net Position, effective for the University s fiscal year beginning July 1, 2012. This Statement modifies the presentation of deferred inflows and deferred outflows in the financial statements. The University is evaluating the effect that Statement No. 63 will have on its financial statements. In June 2011, the GASB issued Statement No. 64, Derivative Instruments: Application of Hedge Accounting Termination Provisions, effective for the University s fiscal year beginning 15

NOTES TO THE FINANCIAL SCHEDULES - continued University of California, San Diego July 1, 2012. This Statement clarifies the existing requirements for the termination of hedge accounting. The University is evaluating the effect that Statement No. 64 will have on its financial statements. Comparative information In connection with the preparation of the June 30, 2011 financial statements, the University concluded that certain cash flows for accounts receivable and doubtful accounts were being reported on a net basis. Management elected to revise the cash flows reported for changes in accounts receivable and allowance for doubtful to report the cash flows on a gross basis. This revision had no effect on the statement of net assets, statement of revenues, expenses and changes in net assets and cash used by operating activities. Cash and cash equivalents-the University maintains centralized management for substantially all of its cash. Cash in demand deposit accounts is minimized by sweeping available cash balances into investment accounts on a daily basis. Under University policy, deposits are only held at financial institutions that maintain an issuer rating on long term debt of A3 or higher by Moody s, A- or higher by Standard & Poor s or an Asset Peer Group rating of 65 or higher as defined by Sheshunoff Bank Rating Reports. Deposits in transit and cash awaiting investment are the primary differences. Bank balances in excess of the Federal Deposit Insurance Corporation (FDIC) limits are collateralized by U.S. government securities held in the name of the bank. The University does not have a significant exposure to foreign currency risk in demand deposit accounts. Accounts held in foreign countries maintain minimum operating balances with the intent to reduce potential foreign exchange risk while providing an adequate level of liquidity to meet the obligations of the academic programs established abroad. Accrual Basis and Fund Accounting The accompanying unaudited financial statements of the University have been prepared in accordance with generally accepted accounting principles promulgated by the Governmental Accounting Standards Board (GASB), using the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when incurred and measurable. To ensure the observance of limitations and restrictions placed on the resources available to the University, the accounts are maintained in accordance with the principles of fund accounting. Resources for various purposes are classified for accounting and reporting purposes into funds according to activities or objectives specified. The major fund groups are current funds, endowment and similar funds, loan funds, and plant funds. FUND CLASSIFICATION: Current Funds Current funds are the basic operating funds of the University and provide the resources used for the current operations of the University in meeting its goals of providing instruction, research, patient care, and public service. Current funds balances are separated into those restricted by donors or grantors, and balances that are unrestricted. Restricted funds may be expended only for the purpose indicated by the donor or grantor, whereas the use of unrestricted funds is determined by the University to achieve its objectives. For statement purposes, unrestricted funds have been separated into the general fund, provided by the State of California, and designated, or other funds. Endowment and Similar Endowment funds consist of endowments, funds functioning as endowments, and annuity and life income funds. Endowments require that the principal be invested in perpetuity, with the income used in accordance with the terms specified by the donor. Funds functioning as endowments are primarily gifts and related gains that are treated as endowments. Annuity and life income funds are held in trust with the annuity or income paid periodically to designated beneficiaries. Load Funds Loan funds consist of monies designated for loans to students, faculty, and staff. Loan funds are provided from federal student loan programs, University funds, and private donations. Plant Funds The plant funds group includes four subgroups: unexpended plant funds, renewal and replacement funds, retirement of indebtedness funds, and investment in plant funds. Unexpended plant funds are designated for the improvement or expansion of facilities of the campus. This includes land and building acquisitions, construction of new facilities, initial equipping of new buildings, renovation, remodeling and alteration of existing facilities, and general planning, studies, and surveys connected with the physical planning of the campus. 16

NOTES TO THE FINANCIAL SCHEDULES - continued University of California, San Diego Unexpended plant funds are provided by state of California appropriations, federal grants, private gifts and grants, loan and bond issue proceeds, and transfers from current funds. Renewal and replacement funds, consisting of current funds transfers from self-supporting campus activities, are designated for use in the acquisition, construction, or replacement of capital assets. Retirement of indebtedness funds have been established to record debt service payments and to accumulate funds for the retirement of specific outstanding loans, bonds, and certificates of participation. The majority of these funds are maintained at the Office of the President and, therefore, not all such funds are included in the campus financial schedules. As projects are completed and are capitalized, the capitalized amounts and any related liabilities are transferred to the investment in plant subgroup. Within the investment in plant subgroup is recorded the original cost, or the fair market value in the case of gifts, of the land, buildings, libraries and special collections, intangibles and equipment assets of the University. Related liabilities consisting of Regents loans, State Public Works Board loans, bank and commercial paper loans, bonds, conditional sales contracts, and certificates of participation, administered by both the San Diego campus and the Office of the President, are shown on the statement of net assets. Academic Support Costs, Other The academic support function in the schedule of current funds expenditures by uniform classification category includes activities that provide services for the University s three primary missions instruction, research, and public service. Expenses for this category for the year ended June 30, 2011 are summarized as follows (in thousands of dollars): Total Medical group $ 97,837 Technology Transfer 5,811 Marine Sciences recharge and support services 35 Scripps institute of oceanography 898 School of Medicine recharge and support services 1,723 Academic affairs recharge and support services 1,022 Other (1,478) Total Academic Support Other $ 105,848 Retiree Health Plans The University administers single-employer health plans to provide health and welfare benefits, primarily medical, dental and vision benefits, to eligible retirees of the University of California and its affiliates. The Regents has the authority to establish and amend the benefit plans. The contribution requirements of the eligible retirees and the participating University locations, such as University of California San Diego, are established and may be amended by the University. Membership in the UCRP is required to become eligible for retiree health benefits. Contributions toward benefits are shared with the retiree. The University determines the employer s contribution. Retirees are required to pay the difference between the employer s contribution and the full cost of the health insurance. Retirees employed by the campus prior to 1990 are eligible for the maximum employer contribution if they retire before age 55 and have at least 10 years of service, or if they retire at age 55 or later and have at least 5 years of service. Retirees employed by the campus after 1989 and not rehired after that date are subject to graduated eligibility provisions that generally require 10 years of service before becoming eligible for 50 percent of the maximum employer contribution, increasing to 100 percent after 20 years of service. Participating University locations, such as the campus, are required to contribute at a rate assessed each year by the UCRHBT. The contribution requirements are based upon projected pay-as-you-go financing requirements. The assessment rates resulted in campus contributions of $43.34 million and $9.08 million for the years ended June 30, 2011 and 2010, respectively. 17

NOTES TO THE FINANCIAL SCHEDULES - continued University of California, San Diego The actuarial value of UCRHBT assets and the actuarial accrued liability associated with the University s campuses and medical centers using the entry age normal cost method as of July 1, 2010 the date of the latest actuarial valuation, were $33.7 billion and $39.1 billion, respectively. The net assets held in trust for pension benefits on the UCRHBT s Statement of Plan Fiduciary Net Assets were $67.5 million at June 30, 2011. For the years ended June 30, 2011 and 2010 combined contributions from the University s campuses and medical centers were $313.9 million and $283.5 million, respectively, including an implicit subsidy of $54.9 million and $49.5 million, respectively. The University s annual retiree health benefit expense for its campuses and medical centers was $1.8 billion and $1.6 billion for the years ended June 30, 2011 and 2010, respectively. As a result of contributions that were less than the retiree health benefit expense, the University s obligation for retiree health benefits attributable to its campuses and medical centers totaling $5.1 billion at June 30, 2011 increased by $1.4 billion and $1.4 billion for the years ended June 30, 2011 and 2010, respectively. Information related to plan assets and liabilities as they relate to individual campuses and medical centers is not readily available. Additional information on the retiree health plans can be obtained from the 2010 2011 annual reports of the University of California and the University of California Health and Welfare Program. Retirement Plans-Substantially all full-time employees of University of California San Diego participate in the University of California Retirement System ( UCRS ) that is administered by the University. The UCRS consists of The University of California Retirement Plan ( UCRP ), a single employer defined benefit plan, and the University of California Retirement Savings Program ( UCRSP ) that includes four defined contribution plans with several investment portfolios generally funded with employee non-elective and elective contributions. The Regents has the authority to establish and amend the benefit plans. The UCRP provides lifetime retirement income, disability protection, and survivor benefits to eligible employees. Benefits are based on average highest three years compensation, age, and years of service and are subject to limited cost-of-living increases. Contributions to the UCRP may be made by the campus and the employees. The rates for contributions as a percentage of payroll are determined annually pursuant to The Regents funding policy and based upon recommendations of the consulting actuary. The Regents determine the portion of the total contribution to be made by the campus and by the employees. Employee contributions by represented employees are subject to collective bargaining agreements.. The actuarial value of UCRP assets and the actuarial accrued liability associated with the University s campuses and medical centers using the entry age normal cost method as of July 1, 2010, the date of the latest actuarial valuation, were $33.7billion and $39.1 billion, respectively, resulting in a funded ratio of 86.2 percent. The net assets held in trust for pension benefits attributable to the campuses and medical centers included in the UCRP Statement of Plan s Fiduciary Net Assets were $41.9 billion and $34.6 billion at June 30, 2011 and June 30, 2010, respectively. For the years ended June 30, 2011 and 2010, University s campuses and medical centers contributed a combined $2.69 billion and $1.11 billion, respectively. The University s annual UCRP benefits expense for its campuses and medical centers was $1.6 billion for the year ended June 30, 2011. The UCRSP plans (DC Plan, Supplemental DC Plan, 403(b) Plan and 457(b) Plan) provide savings incentives and additional retirement security for all eligible employees. The DC Plan accepts both pre-tax and after-tax employee contributions. The Supplemental DC Plan accepts employer contributions on behalf of certain qualifying employees. The 403(b) and 457(b) plans accept pre-tax employee contributions and the campus may also make contributions on behalf of certain members of management. Benefits from the plans are based on participants mandatory and voluntary contributions, plus earnings, and are immediately vested. Information related to plan assets and liabilities, as they relate to campus employees, is not readily available. Additional information on the retirement plans can be obtained from the 2010-2011 annual reports of the University of California Retirement Plan, the University of California Retirement Savings Plan and the University of California PERS VERIP. Other Notes Additional notes to the financial schedules are included in the annual financial report for the University of California San Diego and are available at http://blink.ucsd.edu/blink/external/topics/sponsor/0,1362,3931,00.html. 18

CURRENT FUNDS REVENUES

UNIVERSITY OF CALIFORNIA, SAN DIEGO 2010-2011 (Dollars in Thousands) CURRENT FUNDS REVENUES Unrestricted Total General Designated Restricted TUITION AND FEES Regular session $ 391,219 $ 46,430 $ 344,788 $ 0 Summer session 19,782 -- 19,782 -- University extension and continuing education 46,207 -- 46,179 27 Student tuition & fees - contra - bad debts 193 (24) 218 -- Subtotal 457,401 46,406 410,967 27 Scholarship allowance (106,949) -- (106,949) -- Total 350,452 46,406 304,019 27 FEDERAL GOVERNMENT Appropriations 6,697 -- -- 6,697 Grants 722,531 -- 160,558 561,973 Contracts 23,397 -- 3,987 19,410 United States government - contra - bad debts (346) -- -- (346) Total 752,280 -- 164,545 587,735 STATE GOVERNMENT Appropriations 334,511 298,025 -- 36,486 Contracts and grants 35,098 -- 7,501 27,597 State of California - contra - bad debts 211 -- -- 211 Total 369,820 298,025 7,501 64,294 LOCAL GOVERNMENT 13,145 -- 660 12,485 PRIVATE GIFTS, GRANTS AND CONTRACTS Gifts 51,283 -- 130 51,153 Grants 41,825 -- 42,059 (235) Contracts 162,178 -- -- 162,178 Total 255,286 -- 42,190 213,096 SALES AND SERVICES OF EDUCATIONAL ACTIVITIES Medical group activities 286,096 -- 286,096 -- Other 25,863 -- 25,863 -- Total 311,959 -- 311,959 -- SALES AND SERVICES OF AUXILIARY ENTERPRISES Parking operations 17,714 -- 17,714 -- Residence and dining halls 110,025 -- 110,025 -- Bookstore 26,308 -- 26,308 -- Other 4,462 -- 4,462 -- Sales & services of auxiliary enterprises - contra - bad debt -- -- -- -- Subtotal 158,509 -- 158,509 -- Scholarship allowance (22,135) -- (22,135) -- Total 136,374 -- 136,374 -- SALES AND SERVICES OF MEDICAL CENTERS 959,587 -- 959,587 -- OTHER SOURCES Service enterprises 9,387 621 8,765 -- Property rental and other 50,858 (0) 50,837 22 Other sources - contra - bad debts -- -- -- -- Subtotal 60,245 621 59,602 22 Scholarship allowance -- -- -- -- Total 60,245 621 59,602 22 Total Current Funds Revenues $ 3,209,148 $ 345,052 $ 1,986,437 $ 877,659 20

CURRENT FUNDS EXPENDITURES BY UNIFORM CLASSIFICATION CATEGORY

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY UNIFORM CLASSIFICATION CATEGORY Current Funds Total Unrestricted Restricted General Designated Salaries and Wages Distribution Other Expenditures Recharges INSTRUCTION GENERAL ACADEMIC Area studies $ 7,763 $ 6,185 $ 1,394 $ 184 $ 5,751 $ 2,013 -- Biological sciences 21,607 19,951 771 886 15,060 6,548 0 Business and management 14,579 4,282 10,103 194 9,646 4,932 -- Communications 6,115 5,356 688 71 3,228 2,888 -- Computer and information studies 25,155 23,930 277 948 17,821 7,334 -- Education 3,745 3,465 207 73 2,612 1,134 -- Engineering 24,281 23,197 332 752 17,627 6,654 -- Fine and applied arts 12,157 11,220 493 444 9,102 3,055 0 Foreign languages 3,870 3,857 1 13 3,005 866 0 Health professions Medicine 267,138 42,944 215,420 8,774 241,467 80,923 55,253 Pharmacy 10,120 3,450 5,845 825 6,682 3,439 -- Letters 22,919 21,320 1,054 546 17,601 5,401 83 Mathematics 10,455 10,393 40 21 8,288 2,167 0 Physical sciences 33,384 30,572 1,000 1,812 23,532 9,851 (1) Psychology 6,448 6,456 (46) 38 5,076 1,372 (0) Social sciences 35,527 33,001 1,710 817 26,391 9,136 -- Interdisciplinary studies 15,773 13,585 2,080 108 5,638 10,135 (0) Compensated absences accrual 2,879 (109) 2,961 26 2,712 166 (0) Other (162) (563) 401 -- 18 (180) -- Total 523,754 262,490 244,730 16,533 421,256 157,832 55,334 SUMMER SESSION 5,767 -- 5,767 -- 4,656 1,111 0 EXTENSION STUDIES AND PUBLIC PROGRAMS 36,719 61 36,281 377 18,336 22,067 3,685 EDUCATIONAL FEE EXPENSE PRORATION -- (99,673) 99,673 -- -- -- -- Subtotal 566,240 162,879 386,451 16,910 444,248 181,010 59,019 ELIMINATED CAPITAL EXPENDITURES (4,387) (1,590) (1,838) (960) -- (4,387) -- Total Instruction 561,852 161,289 384,613 15,950 444,248 176,623 59,019 22

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY UNIFORM CLASSIFICATION CATEGORY Current Funds Total Unrestricted Restricted General Designated Salaries and Wages Distribution Other Expenditures Recharges RESEARCH INSTITUTES AND RESEARCH CENTERS Area studies 438 383 20 35 211 227 -- Biological sciences g 1,389 339 52 998 621 784 16 Computer and information studies 54,339 1,801 6,398 46,140 26,583 27,769 13 Engineering 28,212 597 987 26,627 12,980 15,242 10 Fine and applied arts 401 15 66 321 244 158 -- Health professions - medicine 56,809 1,451 3,122 52,236 28,465 28,347 2 Interdisciplinary studies 726 -- 726 -- -- 726 -- Physical sciences 124,848 14,419 2,153 108,277 51,022 76,258 2,431 Psychology 10,706 250 274 10,182 5,418 5,288 -- Social sciences 4,861 826 167 3,868 2,261 2,600 (0) Compensated absences accrual (2,131) (47) (1,653) (430) (2,099) (32) -- Total 280,599 20,033 12,311 248,255 125,705 157,366 2,472 INDIVIDUAL OR PROJECT RESEARCH Area Studies 1,925 7 18 1,900 859 1,066 -- Biological sciences 30,529 223 225 30,080 13,871 16,659 1 Business and management 188 14 -- 174 132 57 -- Communications 136 29 97 10 79 57 0 Computer and information studies 24,402 1,488 245 22,670 12,878 11,524 -- Education 1,528 (1) -- 1,528 786 742 -- Engineering 4,423 10 41 4,372 1,454 2,969 (0) Fine and applied arts 345 95 110 141 99 246 -- Foreign languages 32 7 16 9 22 10 (0) Health professions Medicine 337,112 1,127 6,113 329,871 147,606 189,643 137 Interdisciplinary studies 87 19 67 -- 3 84 -- Letters 698 184 75 440 311 387 -- Mathematics 3,262 81 63 3,118 1,827 1,435 -- Physical sciences 34,074 140 871 33,063 15,262 18,815 2 Pharmacy 12,103 1 27 12,075 6,115 5,988 (0) Psychology 8,301 285 48 7,968 3,692 4,608 0 Social sciences 3,143 881 151 2,112 1,488 1,655 (0) Other (1,825) (180) (1,441) (204) 115 (1,939) -- Total 460,464 4,410 6,726 449,327 206,600 254,005 141 OTHER PROVISIONS 1,474 137 (2,452) 3,790 428 1,047 -- Subtotal 742,537 24,580 16,585 701,372 332,732 412,418 2,613 ELIMINATED CAPITAL EXPENDITURES (42,236) (1,127) (949) (40,160) -- (42,236) (0) Total Research 700,301 23,453 15,637 661,212 332,732 370,182 2,613 23

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY UNIFORM CLASSIFICATION CATEGORY Current Funds Total Unrestricted Restricted General Designated Salaries and Wages Distribution Other Expenditures Recharges PUBLIC SERVICE COMMUNITY SERVICE Arts and lectures 1,660 6 1,436 218 756 1,155 251 Community service projects 8,640 1,799 477 6,364 4,267 4,852 479 Work study programs Contracting agencies 392 68 112 212 323 81 12 Other 10,081 2,387 571 7,123 5,411 4,670 0 Compensated absences accrual 109 31 49 30 103 7 -- Total 20,882 4,290 2,645 13,947 10,860 10,764 742 COOPERATIVE EXTENSION SERVICE 187 -- -- 187 149 38 -- Subtotal 21,069 4,290 2,645 14,134 11,009 10,802 742 ELIMINATED CAPITAL EXPENDITURES (404) -- (72) (332) -- (404) 0 Total Public Service 20,665 4,290 2,573 13,802 11,009 10,398 742 ACADEMIC SUPPORT ANCILLARY SUPPORT Fine arts productions 777 611 157 9 480 358 60 Medical laboratories 13,841 -- 13,247 594 9,935 9,426 5,521 Psychology clinic 7,108 -- 7,105 3 4,682 3,522 1,096 Research vessels 2,177 -- 1,367 810 6,381 14,305 18,509 Shops 2,382 -- 2,380 2 2,686 3,207 3,512 Vivarium 1,416 561 393 462 6,585 6,682 11,851 Other 105,848 71 105,639 138 48,183 72,640 14,975 Total 133,548 1,243 130,288 2,017 78,931 110,142 55,524 ACADEMIC ADMINISTRATION 59,897 33,430 23,848 2,619 32,125 37,959 10,187 AUDIO VISUAL SERVICES 4,916 1,152 3,672 93 3,391 2,023 498 COMPUTING SUPPORT 9,997 1,601 4,875 3,520 7,006 14,699 11,709 COURSE AND CURRICULUM DEVELOPMENT 25 24 -- 1 4 21 -- EDUCATIONAL FEE EXPENSE PRORATION -- (8,482) 8,482 -- -- -- -- LIBRARIES 33,381 28,246 3,443 1,691 15,535 17,847 1 MUSEUMS AND GALLERIES 6,370 11 4,361 1,998 2,844 3,674 148 COMPENSATED ABSENCES ACCRUAL 1,408 (261) 1,687 (17) 1,356 53 -- Subtotal 249,542 56,963 180,656 11,923 141,192 186,417 78,067 ELIMINATED CAPITAL EXPENDITURES (13,141) (8,597) (2,243) (2,302) -- (13,141) -- Total Academic Support 236,401 48,366 178,414 9,621 141,192 173,276 78,067 24

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY UNIFORM CLASSIFICATION CATEGORY Current Funds Total Unrestricted Restricted General Designated Salaries and Wages Distribution Other Expenditures Recharges UCSD MEDICAL CENTER UCSD Medical Center 816,230 6,208 809,789 234 367,115 472,588 23,472 ELIMINATED CAPITAL EXPENDITURES (23,192) -- (23,192) -- -- (23,192) -- Total UCSD Medical Center 793,038 6,208 786,597 234 367,115 449,396 23,472 STUDENT SERVICES ADMINISTRATION 10,313 1,088 3,397 5,827 4,382 5,941 10 CULTURAL AND SOCIAL ACTIVITIES Cultural programs 890 -- 885 5 136 754 0 Housing services 130 2 124 4 124 68 62 Other social services 12,716 81 12,331 305 6,355 11,300 4,939 Public ceremonies (58) -- (58) -- (0) (58) -- Recreational programs 17,861 (0) 17,346 516 8,597 9,932 667 Total 31,540 83 30,627 830 15,212 21,996 5,668 COUNSELING AND CAREER GUIDANCE Counseling 6,009 444 4,211 1,353 3,426 2,591 8 Disadvantaged student assistance 701 761 (64) 4 487 280 67 Foreign student programs 1,473 44 1,425 4 1,076 415 18 Placement 2,024 1 1,977 46 1,186 843 5 Total 10,207 1,250 7,550 1,407 6,176 4,129 98 FINANCIAL AID ADMINISTRATION 3,014 2,335 662 17 1,976 1,038 0 STUDENT ADMISSIONS AND RECORDS Admissions 3,639 3,620 (0) 20 2,143 1,496 -- Registrar 2,862 2,260 586 16 1,911 954 3 Total 6,501 5,879 585 36 4,054 2,450 3 STUDENT HEALTH SERVICES 15,060 -- 15,050 9 4,507 10,606 54 COMPENSATED ABSENCES ACCRUAL (299) (26) (48) (225) (296) (3) -- EDUCATIONAL FEE EXPENSE PRORATION -- (10,592) 10,592 -- -- -- -- Subtotal 76,335 18 68,415 7,902 36,011 46,158 5,833 ELIMINATED CAPITAL EXPENDITURES (881) (18) (716) (147) -- (881) 0 Total Student Services 75,454 0 67,699 7,755 36,011 45,276 5,833 25

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY UNIFORM CLASSIFICATION CATEGORY Current Funds Total Unrestricted Restricted General Designated Salaries and Wages Distribution Other Expenditures Recharges INSTITUTIONAL SUPPORT EXECUTIVE MANAGEMENT Chancellor and vice chancellors 29,009 14,478 12,151 2,380 13,258 15,775 23 General counsel 799 799 0 -- 607 192 0 Academic senate secretariat 755 647 99 9 515 240 (0) Planning and budgeting (9,347) 4,112 (13,462) 4 3,437 2,266 15,049 Total 21,217 20,036 (1,212) 2,392 17,817 18,472 15,072 FISCAL OPERATIONS Accounting 15,811 7,172 8,623 15 9,865 6,327 381 Auditing 1,480 1,414 67 -- 1,505 653 677 Cashiers office 591 512 80 -- 371 221 -- Contracts and grants administration 2,915 -- 2,914 1 1,947 969 (0) Bad debt write-off 7 -- 7 -- -- 7 -- Total 20,804 9,097 11,691 16 13,688 8,176 1,059 GENERAL ADMINISTRATIVE SERVICES Environmental health and safety 8,346 1,366 6,970 10 4,839 4,876 1,369 Information systems 16,152 9,541 6,610 -- 8,627 7,902 377 Personnel 7,094 5,909 1,180 5 11,831 3,884 8,621 Other 1,549 4,946 (4,047) 650 4,399 1,444 4,294 Total 33,141 21,763 10,713 665 29,695 18,107 14,662 LOGISTICAL SERVICES Business management (31) -- (34) 3 492 799 1,322 Construction management (0) -- (2) 2 4,540 8,921 13,461 Duplicating 74 -- 68 6 1,078 2,190 3,194 Garage 566 -- 564 2 755 4,206 4,396 Mail and messenger (124) 3 (136) 8 558 2,308 2,990 Materiel management 3,629 1,859 1,770 -- 3,224 3,589 3,184 Police 4,698 2,878 1,809 10 4,839 2,192 2,333 Telephone (2,828) 505 (3,335) 1 6,286 13,347 22,462 Total 5,983 5,246 705 32 21,774 37,552 53,342 COMMUNITY RELATIONS Development 6,379 121 4,787 1,471 8,519 (2,031) 109 Public information 2,317 1,838 455 24 1,201 1,116 -- Publications 710 464 246 0 620 778 688 Total 9,406 2,423 5,488 1,495 10,340 (137) 797 COMPENSATED ABSENCES ACCRUAL (14) (155) 6 135 18 (32) -- EDUCATIONAL FEE EXPENSE PRORATION -- (30,619) 30,619 -- -- -- -- Subtotal 90,538 27,791 58,012 4,736 93,332 82,138 84,932 ELIMINATED CAPITAL EXPENDITURES (4,875) (204) (4,671) -- -- (4,875) -- Total Institutional Support 85,663 27,587 53,341 4,736 93,332 77,263 84,932 26

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY UNIFORM CLASSIFICATION CATEGORY Current Funds Total Unrestricted Restricted General Designated Salaries and Wages Distribution Other Expenditures Recharges OPERATION AND MAINTENANCE OF PLANT Administration 1,881 3,208 (1,329) 2 2,932 7,348 8,400 Building maintenance and major repairs and alterations 14,806 11,831 2,925 50 2,488 17,134 4,816 Grounds maintenance 2,668 2,663 5 -- 2,354 4,457 4,143 Janitorial service 7,844 7,626 217 2 5,022 9,657 6,835 Plant service (539) -- (539) -- 3,717 35,384 39,639 Refuse disposal 2,164 1,646 504 14 940 2,702 1,478 Utilities 25,500 25,017 482 -- 1,674 34,156 10,330 Other 8,733 5,033 3,700 -- -- 8,733 (0) Total 63,057 57,023 5,966 67 19,126 119,571 75,640 COMPENSATED ABSENCES ACCRUAL (75) (5) (70) -- (70) (5) -- EDUCATIONAL FEE EXPENSE PRORATION -- (19,711) 19,711 -- -- -- -- Subtotal 62,982 37,307 25,608 67 19,056 119,565 75,640 ELIMINATED CAPITAL EXPENDITURES (229) (229) -- -- -- (229) -- Total Operation and Maintenance of Plant 62,753 37,078 25,608 67 19,056 119,337 75,640 STUDENT FINANCIAL AID Student financial aid 212,143 10,884 101,264 99,995 725 211,418 0 Scholarship allowance (129,494) -- (129,494) -- -- (129,494) -- Total Student Financial Aid 82,649 10,884 (28,230) 99,995 725 81,924 0 AUXILIARY ENTERPRISES Apartments 35,632 -- 35,535 97 4,288 33,188 1,844 Bookstores 23,565 -- 23,519 47 4,077 29,854 10,366 Cafeterias (1,172) -- (1,172) -- 100 (1,271) (0) Parking 14,046 -- 13,964 82 4,888 21,337 12,178 Residence halls 35,909 -- 35,669 240 20,321 27,982 12,395 Other 4,914 -- 4,875 39 2,419 4,897 2,403 Compensated absences accrual (24) -- (24) -- (21) (3) -- Subtotal 112,872 -- 112,367 505 36,072 115,984 39,185 ELIMINATED CAPITAL EXPENDITURES (672) -- (672) -- -- (672) -- Total Auxiliary Enterprises 112,199 -- 111,695 505 36,072 115,312 39,185 Total Current Funds Expenditures $ 2,730,977 $ 319,155 $ 1,597,945 $ 813,877 $ 1,481,492 $ 1,618,987 $ 369,503 27

CURRENT FUNDS EXPENDITURES BY DEPARTMENT

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution GRADUATE SCHOOL OF INTERNATIONAL RELATIONS AND PACIFIC STUDIES Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated INSTRUCTION $ 7,763 $ 6,185 $ 1,394 $ 184 $ 5,751 $ 2,013 -- RESEARCH 1,925 7 18 1,900 859 1,066 -- PUBLIC SERVICE 589 -- -- 589 302 287 -- ACADEMIC SUPPORT 24 -- 24 -- 19 50 46 Total Graduate School of International Relations and Pacific Studies 10,302 6,192 1,436 2,674 6,931 3,416 46 JACOBS SCHOOL OF ENGINEERING INSTRUCTION Bioengineering 4,774 4,603 (28) 198 3,345 1,428 0 Computer science and engineering 9,983 9,713 57 214 7,472 2,511 -- Electrical and computer engineering 11,175 10,637 211 328 8,159 3,017 -- Material science program 5,384 5,207 12 165 3,808 1,576 (0) Mechanical and aerospace engineering 9,438 8,714 341 383 6,892 2,546 -- Structural systems research project 4,685 4,674 6 5 3,582 1,103 (0) Total 45,439 43,547 600 1,292 33,258 12,181 (0) RESEARCH Bioengineering 9,895 162 234 9,499 4,656 5,239 -- California institute--telecommunications and information technology 26,723 822 4,539 21,362 12,573 14,163 13 Computer science and engineering 11,390 377 93 10,920 6,500 4,891 -- Dean's office--engineering 4,423 10 41 4,372 1,454 2,969 (0) Electrical and computer engineering 13,011 1,111 150 11,750 6,379 6,633 -- Fusion energy research center (10) -- (10) -- -- 0 10 Mechanical and aerospace engineering 9,122 81 333 8,707 4,257 4,864 0 Structural systems research project 5,699 86 155 5,458 2,177 3,523 -- Total 80,254 2,650 5,535 72,069 37,996 42,281 23 PUBLIC SERVICE Dean's office--engineering 869 893 -- (24) 407 463 -- ACADEMIC SUPPORT Dean's office--engineering 3,731 3,133 400 199 2,226 1,505 -- Cal it2--support services (81) -- (84) 4 661 1,194 1,935 Electrical and computer engineering 58 -- 58 0 26 35 3 Engineering support services 311 -- 311 -- 332 254 275 Mechanical and aerospace engineering 40 -- 39 1 22 18 (0) Structural systems research project 784 -- 783 1 803 507 526 Total 4,844 3,133 1,506 205 4,070 3,513 2,739 Total Jacobs School of Engineering 131,406 50,223 7,642 73,542 75,731 58,437 2,762 RADY SCHOOL OF MANAGEMENT INSTRUCTION 14,579 4,282 10,103 194 9,646 4,932 -- RESEARCH 188 14 -- 174 132 57 -- Rady student service 6 -- 6 -- -- 6 -- Total Rady School of Management 14,773 4,296 10,108 368 9,778 4,995 -- 29

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated SCHOOL OF MEDICINE INSTRUCTION Anesthesiology 16,166 1,459 14,705 2 18,009 4,068 5,911 Bioengineering--medical 418 418 -- -- 336 82 (0) Cancer center 1,806 267 1,369 170 1,252 558 5 Cellular and molecular medicine 1,244 986 -- 258 878 367 -- Chemistry--medical 8 -- -- 8 5 2 -- Dean's office school of medicine (2,330) -- (2,361) 31 3,413 (5,479) 264 Electives program (1) -- (1) -- -- (1) -- Emergency medical program 3,378 258 3,120 0 9,050 1,589 7,261 Family and preventive medicine 7,732 1,864 4,427 1,440 6,289 3,283 1,840 Intern and resident program 1,871 1,871 -- -- -- 1,871 -- Malpractice insurance 3,568 1,486 2,082 -- -- 3,568 -- Medicine 38,965 9,748 26,467 2,750 40,116 12,000 13,151 Neurosciences 11,371 3,139 7,553 679 8,346 3,753 728 Office of continuing medical education 5,921 -- 5,867 54 2,110 5,069 1,258 Office of learning resources-- core courses support 3,551 2 3,364 185 2,692 2,691 1,833 Ophthalmology 11,002 947 9,988 67 9,470 2,576 1,044 Orthopaedics 10,416 638 9,600 178 9,900 2,202 1,685 Pathology 10,629 3,285 6,997 347 9,268 3,264 1,902 Pediatrics 55,579 4,232 50,274 1,074 40,750 16,110 1,280 Pharmacology 2,699 1,579 1,023 97 2,000 699 -- Psychiatry 13,392 4,095 9,092 204 10,870 4,058 1,536 Radiology 16,900 1,588 15,117 196 17,357 5,350 5,807 Reproductive medicine 11,102 1,541 9,526 35 10,803 3,251 2,952 Surgery 41,697 3,488 37,211 998 38,517 9,977 6,797 The SIO department--medical 53 53 -- -- 38 14 -- Total 267,138 42,944 215,420 8,774 241,467 80,923 55,253 RESEARCH Academic geriatric resource program (9) (10) 0 1 (8) (1) (0) Anesthesiology 5,177 93 71 5,013 2,879 2,298 0 Bioengineering--medical 218 -- -- 218 105 113 0 Cellular and molecular medicine 16,696 68 1,334 15,294 7,392 9,305 -- Chemistry--medical 2 -- -- 2 -- 2 -- Committee on research 30 11 20 -- -- 30 -- Dean's office 4,447 547 365 3,534 551 3,896 1 Emergency medical program 1,448 -- -- 1,448 937 511 -- Family and preventive medicine 8,045 -- 24 8,021 4,759 3,287 0 Medicine 96,335 89 860 95,387 42,555 53,901 120 Neurosciences 49,247 94 447 48,705 16,983 32,264 0 Office of learning resources--research 829 -- -- 829 628 201 0 Organized research units centers Cancer center 43,381 555 2,430 40,397 22,005 21,378 2 Center academic research and y training gy anthropogen g 691 -- 84 607 313 378 -- Organized research units institutes Institute of biocircuits 2,010 130 40 1,840 979 1,031 (0) Institute for engineering in medicine 685 -- -- 685 245 440 -- Institute for research on aging 664 164 0 499 417 247 -- Institute of genomic medicine 904 95 301 507 213 690 (0) Institute of molecular medicine 2 -- 1 1 -- 2 -- Research in biological structures 10,219 647 302 9,270 5,106 5,113 -- Ophthalmology p 8,853 -- 172 8,681 4,538 4,316 -- Pathology 11,511 42 97 11,372 5,246 6,264 -- Pediatrics 38,081 69 931 37,081 17,372 20,709 (0) Pharmacology y p 19,837 49 1,183 18,606 7,979 11,858 0 Psychiatry 53,349 54 92 53,203 24,383 28,966 (0) Radiology 7,960 -- 7 7,953 4,938 3,024 1 30

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated Reproductive medicine 6,257 10 238 6,009 2,928 3,329 0 Surgery pp 8,792 3 272 8,516 3,434 5,374 16 Total 395,661 2,708 9,274 383,679 176,877 218,923 139 PUBLIC SERVICE Area health and education center 187 -- -- 187 149 38 -- Family and preventive medicine 68 -- -- 68 50 18 -- Organized research units Cancer center g g 2 -- 2 -- -- 2 -- Medical education 1,822 160 34 1,628 687 1,135 (0) Medicine 846 -- -- 846 516 330 0 Pediatrics 2,184 427 0 1,757 865 1,318 -- Reproductive medicine 853 -- -- 853 382 471 -- Total 5,962 587 36 5,338 2,650 3,312 -- ACADEMIC SUPPORT Anesthesiology support services 357 -- 357 -- 126 231 -- Center for molecular genetics 29 15 14 -- 14 15 (0) Dean's office Admissions 356 -- 356 -- 221 135 -- General operating costs 30,970 14,260 16,706 4 7,971 23,352 353 Human subjects committee 671 121 550 -- 450 221 0 International education 169 -- 169 -- 129 39 0 Student affairs 230 -- 3 227 60 170 -- Student performance 312 -- 306 6 271 606 565 Support services 1,733 -- 1,645 88 2,041 6,401 6,709 Laboratories and support services Cancer center 5,958 -- 5,954 5 4,089 3,717 1,848 Cellular and molecular medicine 116 -- 115 0 59 84 28 Center for research in biological structures (26) -- (26) -- 11 59 96 Clinical investigations institute (165) -- (165) -- 58 31 254 Clinical pharmacy services 71 -- 71 -- 71 45 46 Family and preventive medicine 1,120 -- 1,120 -- 936 804 619 Medicine 2,266 -- 1,682 584 1,253 1,604 591 Hospitalist support services 61 -- 61 -- 56 5 -- Neurosciences 503 -- 503 -- 283 220 -- Ophthalmology 865 -- 862 3 553 312 -- Orthopaedics 16 -- 16 -- 13 3 -- Pathology 1,163 -- 1,162 1 746 431 14 Pediatrics 1,961 -- 1,957 5 1,258 870 167 Psychiatry 6,808 -- 6,808 -- 4,085 2,803 80 Radiology 805 -- 805 -- 1,670 1,414 2,279 Reproductive medicine (64) -- (64) -- 6 (52) 18 Surgery 777 -- 777 -- 430 873 525 Managed care -- -- -- -- 1,568 (2,289) (721) Medical group operations 89,013 -- 89,012 1 35,474 54,417 878 Office of learning resources 4,124 361 3,670 93 2,921 1,701 498 Psychiatry clinic 7,108 -- 7,105 3 4,682 3,522 1,096 Vice chancellor health sciences planning 1,129 -- 1,129 -- 4,810 2,202 5,882 Total 158,437 14,757 142,660 1,020 76,317 103,946 21,826 Total School of Medicine 827,197 60,997 367,390 398,811 497,311 407,104 77,218 SKAGGS SCHOOL OF PHARMACY AND PHARMACEUTICAL SCIENCES INSTRUCTION 10,120 3,450 5,845 825 6,682 3,439 -- RESEARCH 12,103 1 27 12,075 6,115 5,988 (0) ACADEMIC SUPPORT 75 -- 73 2 35 111 71 31

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated Total Skaggs School of Pharmacy and Pharmaceutical Sciences 22,298 3,451 5,946 12,902 12,832 9,538 71 CAMPUS-WIDE DEPARTMENTS INSTRUCTION Academic computing Advisor 704 704 0 -- -- 704 -- Computing services 74 4 -- 70 -- 74 -- Instruction and research facility 3,127 2,861 8 258 2,112 1,014 (0) Instructional use of computing advisor 91 11 -- 80 78 14 -- Academic field p studies g 288 286 2 -- 204 84 0 Anthropology 3,215 3,125 84 6 2,394 821 -- Area and ethnic studies and research 1,767 1,766 0 1 1,398 369 -- Biological sciences 21,607 19,951 771 886 15,060 6,548 0 California literature project 243 -- 139 104 63 236 56 Center for research in educational equity, assessment, and teaching excellence 67 -- 0 67 26 42 -- Chemistry and biochemistry 15,097 13,574 742 782 10,274 4,823 -- Cognitive science 3,221 3,199 22 (0) 2,348 873 -- Community medicine--general campus 4,170 4,072 27 71 3,228 943 -- Economics 9,889 9,853 18 19 7,994 1,896 -- Ethnic studies 1,885 1,881 0 4 1,413 472 0 History 6,404 6,068 16 320 4,933 1,471 -- Human development program 407 407 0 0 300 107 -- Interdisciplinary sequence Contemporary issues 59 57 1 -- 40 19 0 Cultural traditions 140 140 -- -- 112 28 (0) Environmental systems 161 159 0 2 120 41 -- Geometry and physics 9 9 -- -- -- 9 -- Humanities p g 691 691 -- -- 602 90 -- Special studies 96 96 -- -- 22 73 -- Urban and rural studies 697 700 (3) 1 570 128 (0) Engineering in medicine 1 -- -- 1 -- 1 -- International studies program 279 279 -- -- 234 44 (0) Language learning laboratory 160 157 -- 3 119 41 -- Latin american studies 91 87 3 1 43 48 -- Linguistics 2,189 2,179 1 9 1,620 569 -- Literature 8,361 8,258 16 86 6,524 1,837 (0) Mathematics 10,377 10,316 40 21 8,232 2,145 -- Mathematics placement and testing 78 78 0 (0) 56 22 -- Music 6,593 5,731 438 424 4,831 1,762 0 Neural computation 20 -- -- 20 12 9 -- Philosophy 2,988 2,979 5 4 2,339 649 (0) Physics 10,935 10,936 136 (136) 8,285 2,648 (1) Political science 7,398 7,314 18 65 5,768 1,630 -- Pathology 23 23 -- -- 18 5 -- Psychology 6,428 6,456 (46) 18 5,064 1,364 -- Resource administration data 1,945 1,284 661 -- -- 1,945 -- Social sciences computing 417 316 -- 101 209 208 -- Sociology 5,305 4,378 522 405 3,317 1,988 -- Subject a program 3,399 3,186 207 6 2,352 1,048 -- Theatre and dance 7,131 5,996 894 240 5,170 1,988 27 Undergraduate language program 1,521 1,521 -- -- 1,265 255 (0) Visual arts 5,563 5,488 55 20 4,270 1,293 (0) Writing program 4,195 4,086 (1) 111 3,504 691 -- Educational fee expense proration -- (99,673) 99,673 -- -- -- -- Other general campus 274 -- 274 -- 185 89 -- Total 159,783 50,988 104,725 4,070 116,707 43,157 81 32

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated RESEARCH African american studies research project 55 54 -- 1 1 54 -- Anthropology 316 65 10 241 128 188 -- Biological sciences 30,529 223 225 30,080 13,871 16,659 1 California literature project 1 -- -- 1 1 0 (0) Chemistry and biochemistry 20,038 68 314 19,657 8,746 11,292 -- Cognitive science 2,439 40 72 2,327 1,464 975 0 Communication 136 29 97 10 79 57 0 Education studies 826 (1) -- 827 490 337 -- Ethnic studies 143 109 20 14 61 81 (0) Economics 1,255 519 11 724 842 412 -- History 134 52 24 59 25 109 0 Humanities 39 19 19 -- 3 36 -- Linguistics 32 7 16 9 22 10 (0) Literature 264 113 32 119 80 184 0 Mathematics 3,262 81 63 3,118 1,827 1,435 -- Music 181 25 66 90 89 92 0 Organized research units centers Astrophysics and space science 3,381 369 84 2,928 2,068 1,313 -- Comparative immigration studies 330 163 14 152 134 196 -- Chronogbiology 355 221 (16) 150 169 186 0 Energy research 6,199 333 9 5,856 3,433 2,766 (0) Global justice center 17 9 -- 7 1 16 -- Glycobiology research and training 38 8 30 -- 6 47 16 Human development p g 3,216 98 11 3,106 854 2,361 -- Iberian and latin american studies 104 52 4 48 43 61 -- Magnetic recording research 1,806 -- 235 1,571 955 850 (0) Molecular agriculture 9 0 -- 9 -- 9 -- Molecular genetics 64 29 33 2 2 63 -- Research in biological structure (4) 2 2 (8) 3 (7) (0) Research in computing and the arts 401 15 66 321 244 158 -- Research in educational equity, assessment, and teaching excellence 701 -- -- 701 296 405 -- Research in language 956 120 1 835 482 474 -- San Diego supercomputer center 27,617 979 1,860 24,778 14,010 13,606 (0) White mountain research station 272 -- 2 270 172 100 (0) Organized research units institutes Brain and mind 927 79 3 845 442 486 0 Comparative human cognition laboratory 215 48 14 152 134 80 0 Engineering in medicine 895 268 31 595 464 431 -- Global conflict and cooperation 3,455 481 149 2,825 1,602 1,854 -- International, comparative, and area studies 438 383 20 35 211 227 -- Neural computation 8,052 162 187 7,703 3,820 4,233 0 Nonlinear science 620 (0) 1 619 354 267 -- Pure and applied physical sciences 974 37 4 933 610 364 -- Whitaker institute of biomedical engineering 805 (0) 9 797 471 335 -- Philosophy 305 50 17 237 186 118 -- Physics 13,970 7 558 13,406 6,514 7,459 2 Political science 1,038 36 72 930 354 684 0 Psychology 5,085 186 37 4,861 2,838 2,247 -- Social sciences 17 -- -- 17 13 3 -- Sociology 187 47 14 126 64 123 -- Theatre and dance 128 21 26 82 43 85 -- Visual arts 164 70 44 51 10 154 0 Other support 1,015 -- -- 1,015 222 793 (0) Total 143,400 5,676 4,490 133,234 68,952 74,467 19 33

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated PUBLIC SERVICE Biological sciences 44 -- 44 -- 2 66 24 California literature project 411 -- -- 411 204 207 -- Education studies 44 43 -- 2 29 15 (0) Mathematics 579 8 150 421 207 373 -- Organized research units centers Research in educational equity, assessment, and teaching excellence 660 390 269 0 452 208 0 San diego supercomputer 9 -- -- 9 2 7 (0) Organized research units institutes Comparative human cognition laboratory 50 49 -- 1 42 8 -- Pharmacy sciences 197 -- -- 197 127 70 0 Writing project 31 -- -- 31 13 18 -- Total 2,025 490 464 1,071 1,077 972 24 ACADEMIC SUPPORT Academic computing Miscellaneous operations 73 -- 60 13 219 2,090 2,236 Local area p network 16 -- 16 -- 88 48 120 Word processing operations 205 -- 205 -- -- 245 40 Academic resource administration 130 -- 130 -- -- 130 -- Animal care program 1,416 561 393 462 6,585 6,682 11,851 Biological sciences support facilities (265) -- (269) 4 756 928 1,949 Campus research machine shop 256 -- 255 2 660 583 987 Chemistry and biochemistry support facilities 332 -- 331 1 606 678 953 Classroom management 20 20 -- -- -- 20 -- Computer sciences and engineering support services (43) -- (43) -- 190 72 305 Deans' offices Arts and humanities 1,263 978 66 219 667 596 -- Biological sciences 1,313 1,167 84 62 959 354 -- Natural sciences 1,006 961 14 30 762 244 0 Social sciences 988 986 2 -- 736 252 -- Instructional media program 510 502 7 1 314 206 10 Library photo service 93 -- 92 1 3 95 5 Mandeville center operations 267 109 150 8 165 152 50 Mathematics placement and testing program 0 -- 0 -- -- 4 4 Mechanical and aerospace engineering (1) -- (1) -- -- (1) -- Music center studios 9 -- 9 -- 14 23 27 Organized research units Center for astrophysics and space sciences support services 26 -- 26 -- 43 10 27 Center for magnetic recording research 8 -- 8 -- 5 5 2 Center for molecular genetics 83 -- 83 -- 68 18 3 Institute for biomedical engineering (8) -- (8) -- -- 2 9 Institute for comparative immigration studies 37 37 -- -- 36 1 0 Institute for pure and applied physics cims facility 1 -- 1 -- -- 1 -- Physics support facilities pp 272 1 271 0 317 385 429 Psychology (7) -- (7) -- -- (5) 3 Sports facility office 73 73 -- -- 50 23 -- San diego supercomputer center support 1,422 -- 1,422 0 1,650 3,018 3,246 Educational fee expense proration -- (8,482) 8,482 -- -- -- -- Total 9,493 (3,089) 11,779 803 14,891 16,858 22,257 Total Campus-Wide Departments 314,701 54,065 121,457 139,178 201,628 135,454 22,381 34

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution PROVOSTS' OFFICES Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated PUBLIC SERVICE Provost warren college 7 -- -- 7 -- 7 -- ACADEMIC SUPPORT Provost eleanor roosevelt college 985 977 3 5 668 317 -- Provost muir college 1,036 914 3 120 651 385 (0) Provost revelle college 916 881 0 35 633 283 -- Provost sixth college 1,054 995 4 55 736 318 0 Provost thurgood marshall college 1,227 987 185 56 751 477 -- Provost warren college 1,528 1,501 6 20 1,086 442 0 Total 6,746 6,254 201 291 4,524 2,222 0 Total Provosts' Offices 6,753 6,254 201 298 4,524 2,229 0 SCRIPPS INSTITUTION OF OCEANOGRAPHY INSTRUCTION The SIO department 7,351 6,062 122 1,167 4,972 2,379 -- RESEARCH Institutes California space 5 -- -- 5 5 0 -- Geophysics and planetary physics 16,368 2,960 488 12,920 8,407 7,961 -- Marine resources 4,793 -- 130 4,663 1,640 3,154 0 Laboratories Marine physical laboratory 31,590 1,575 604 29,410 12,573 21,489 2,472 Biology research section 66 65 -- 0 2 64 -- Fluids research section 80 80 -- 0 31 49 (0) Climate research division 12,105 2,039 2 10,064 6,404 5,702 -- Geosciences research division 7,469 2,259 100 5,110 4,036 3,433 -- Marine biology research p division 6,973 1,764 109 5,100 3,071 3,902 1 Center for clouds, chemistry, and climate 34 -- -- 34 13 21 -- Center for marine biotechnology and biomedicine 3,043 535 19 2,488 2,036 1,007 0 Center for observation, -- modeling, and prediction 1 -- -- 1 -- 1 -- Committee on research 140 65 75 -- -- 140 -- Integrative oceanography division 9,446 2,054 103 7,290 4,949 4,497 (0) Shipboard technical support 745 -- -- 745 123 622 -- The SIO department 171 14 2 155 95 76 (0) Use of ships 18,701 206 380 18,114 196 18,464 (41) Other 38 9 30 -- 8 30 -- Total 111,768 13,623 2,044 96,100 43,588 70,611 2,431 PUBLIC SERVICE Birch aquarium--museum 38 -- -- 38 30 8 -- 35

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated ACADEMIC SUPPORT Director's office 13,034 4,918 3,472 4,644 7,507 11,144 5,617 Birch aquarium--museum 6,370 11 4,361 1,998 2,844 3,674 148 Institutes Geophysics and planetary physics Computing ring (80) -- (81) 1 203 104 387 Data system (27) -- (27) -- 44 10 81 Orbit center 112 -- 112 -- 31 81 (0) Support services 609 -- 609 -- 307 302 -- Laboratories Machine shop 265 -- 265 -- 639 659 1,033 Marine facilities Ships operations 2,177 -- 1,367 810 6,381 14,305 18,509 Marine facility shop 72 -- 72 -- 356 405 690 Marine sciences development and outfitting shop 1,813 -- 1,813 -- 1,272 1,624 1,083 Research divisions Geological research Support services 96 -- 96 -- 28 70 2 Sio director-special events 35 -- -- 35 0 35 -- Special research units p Center for coastal studies 256 -- 256 -- 244 133 121 Center for marine biotechnology and biomedicine 6 -- 6 -- 4 2 -- Integrative oceanography 149 -- 149 -- 276 101 228 Marine biology research Support services 144 -- 144 -- 106 38 -- Instrument development group 244 -- 240 4 654 2,598 3,008 Physical oceanography research division support services 26 -- 26 -- 154 67 194 Total 25,301 4,929 12,879 7,493 21,051 35,350 31,101 Total Scripps Institution of Oceanography 144,458 24,614 15,045 104,798 69,642 108,349 33,532 CAMPUSWIDE PROGRAMS INSTRUCTION Social sciences--instruct funds 4 4 -- -- -- 4 -- UCSD global seminars 774 -- 774 -- 60 713 -- Teaching assistant insurance 2,059 -- 2,059 -- -- 2,059 -- The preuss school (1) -- (1) -- -- (1) -- Tuition remission program 6,052 6,052 -- -- -- 6,052 -- Other (185) (586) 401 -- -- (185) 0 Compensated absences accrual 2,879 (109) 2,961 26 2,712 166 (0) Total 11,581 5,360 6,194 26 2,772 8,809 -- RESEARCH Graduate mentorship and dissertation 48 -- 48 -- -- 48 -- Tuition remission program 726 -- 726 -- -- 726 -- Credits for disallowance 7 -- (2,661) 2,667 (16) 22 -- Other (1,825) (180) (1,441) (204) 115 (1,939) -- Compensated absences accrual (1,717) 81 (1,474) (323) (1,886) 170 0 Total (2,760) (99) (4,803) 2,141 (1,787) (973) 0 36

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated PUBLIC SERVICE Community college transfer 276 275 -- 1 232 44 -- Early outreach programs 1,955 998 81 877 1,082 874 -- Sponsored education program-- medical center 15 -- 15 -- -- 19 4 Office of graduate studies and research 68 68 -- -- -- 81 12 Television channel 35 476 -- 381 95 499 429 452 The preuss school 6,703 980 38 5,685 3,548 3,155 -- University events 1,657 2 1,437 218 756 1,152 251 Work study program contracting agencies 324 -- 112 212 323 1 (0) Other (7) (34) 31 (4) -- (7) -- Compensated absences accrual 109 31 49 30 103 7 -- Total 11,577 2,319 2,145 7,113 6,543 5,753 718 ACADEMIC SUPPORT Academic business office conference 17 -- 16 0 -- 20 3 Graduate admissions information system 555 198 355 1 316 239 -- Innovative instructional project 5 4 -- 1 4 1 -- Library 33,381 28,246 3,443 1,691 15,535 17,847 1 Media services 792 791 1 -- 470 322 -- Office of academic support and information services 1,794 6 1,455 333 1,138 656 -- Office of graduate studies and research 1,846 1,640 111 95 1,214 655 23 Office of international education 191 185 -- 6 105 86 0 Office of technology licensing 5,811 -- 5,811 -- -- 5,811 -- Teaching assistant training program 210 209 -- 0 147 63 (0) Other (1,386) (39) (1,346) -- -- (1,386) -- Compensated absences accrual 1,408 (261) 1,687 (17) 1,356 53 -- Total 44,623 30,978 11,534 2,111 20,285 24,366 28 Total campuswide programs 65,021 38,559 15,070 11,391 27,812 37,954 746 SUMMER SESSION INSTRUCTION 5,767 -- 5,767 -- 4,656 1,111 0 EXTENDED STUDIES AND PUBLIC PROGRAMS INSTRUCTION Continuing education General programs 10,771 -- 10,767 4 5,587 5,966 782 Professional programs 20,580 61 20,174 344 10,046 12,638 2,105 Other 5,368 -- 5,339 29 2,703 3,463 798 Total Extended Studies and Public Programs 36,719 61 36,281 377 18,336 22,067 3,685 UCSD MEDICAL CENTER 816,230 6,208 809,789 234 367,115 472,588 23,472 STUDENT SERVICES ADMINISTRATION Assistant vice chancellors academic services 6,946 1,045 100 5,801 2,252 4,693 0 university center 235 -- 235 -- 164 71 -- Advisory committee 30 -- 30 -- 24 6 -- Dean of student affairs 2,327 (2) 2,323 5 1,575 751 -- Student affairs special services 1,182 34 1,127 21 366 826 10 Total Administration 10,720 1,077 3,815 5,827 4,382 6,348 10 37

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated CULTURAL AND SOCIAL ACTIVITIES Cultural activities 890 -- 885 5 136 754 0 Housing services 130 2 124 4 124 68 62 Other social services Associated y students--government pp 2,299 5 2,280 14 572 1,803 76 Resident hall advisors 184 -- 159 26 1,290 2,913 4,018 Student activities and programs 1,718 4 1,496 218 1,027 693 2 Student center 5,122 57 5,039 26 2,264 3,531 673 Student events 766 -- 766 -- 89 730 53 Student organizations 2,623 15 2,587 21 1,113 1,626 117 Total 12,712 81 12,326 305 6,355 11,296 4,939 Public ceremonies Graduation (58) -- (58) -- (0) (58) -- Recreational programs Intercollegiate athletics 10,571 -- 10,123 448 4,520 6,321 269 Recreational athletic program 5,300 -- 5,245 56 3,398 2,069 167 Sports facilities 1,990 (0) 1,977 12 679 1,542 231 Total 17,861 (0) 17,346 516 8,597 9,932 667 Total Cultural and Social Activities 31,536 83 30,623 830 15,212 21,992 5,668 COUNSELING AND CAREER GUIDANCE Counseling Counseling services 3,550 308 3,049 193 2,424 1,135 8 Early outreach programs 1,293 137 2 1,155 619 674 -- Orientation program 786 -- 785 2 107 680 -- Special services 206 (1) 205 2 151 56 -- Student affirmative action 172 -- 170 2 126 46 -- Total 6,009 444 4,211 1,353 3,426 2,591 8 Disadvantaged student assistance Office for students with disabilities 701 761 (64) 4 487 280 67 Foreign student programs International studies 1,473 44 1,425 4 1,076 415 18 Placement Career planning and placement center 2,024 1 1,977 46 1,186 843 5 Total Counseling and Career Guidance 10,207 1,250 7,550 1,407 6,176 4,129 98 FINANCIAL AID ADMINISTRATION Graduate student programs 466 -- 464 1 311 155 -- Student financial services 2,547 2,335 196 15 1,665 882 0 Total Financial Aid Administration 3,013 2,335 660 17 1,976 1,037 0 STUDENT ADMISSIONS AND RECORDS Admissions office 3,639 3,620 (0) 20 2,143 1,496 0 Registrar's office 2,862 2,260 586 16 1,911 954 3 Total Student Admissions and Records 6,501 5,879 585 36 4,054 2,450 3 STUDENT HEALTH SERVICES 15,060 -- 15,050 9 4,507 10,606 54 38

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated CONTRACTS AND GRANTS ADMINISTRATION (407) 11 (418) -- -- (407) (0) COMPENSATED ABSENCES ACCRUAL (299) (26) (48) (225) (296) (3) -- EDUCATIONAL FEE EXPENSE PRORATION -- (10,592) 10,592 -- -- -- -- Total Student Services 76,330 18 68,410 7,902 36,011 46,152 5,833 INSTITUTIONAL SUPPORT EXECUTIVE MANAGEMENT Chancellor and vice chancellors Chancellor's office 2,902 2,546 199 157 1,972 930 -- Chancellor research 2,477 1,899 575 3 1,690 787 -- Academic affairs 6,760 6,554 194 13 4,891 1,892 23 Business affairs 1,735 1,566 169 -- 968 767 -- Development and university relations 12,590 (1) 10,455 2,135 2,108 10,481 0 Resource management and planning 1,389 857 460 72 748 641 (0) Undergraduate affairs 1,157 1,057 100 -- 880 277 (0) Total 29,009 14,478 12,151 2,380 13,258 15,775 23 Academic senate 755 647 99 9 515 240 (0) Office of the campus counsel 799 799 0 -- 607 192 0 Planning and budgeting Resource management (12,154) 1,592 (13,747) 1 1,420 1,475 15,049 Planning office 2,807 2,520 284 3 2,017 791 -- Total (9,347) 4,112 (13,462) 4 3,437 2,266 15,049 Total Executive Management 21,217 20,036 (1,212) 2,392 17,817 18,472 15,072 FISCAL OPERATIONS Bad debts and collections 7 -- 7 -- -- 7 -- Business and financial services 15,811 7,172 8,623 15 9,865 6,327 381 Cashiers office 591 512 80 -- 371 221 -- Total 16,402 7,684 8,703 15 10,236 6,547 381 Conflict of interest 2,915 -- 2,914 1 1,947 969 (0) Audit and management advisory services 1,480 1,414 67 -- 1,505 653 677 Total Fiscal Operations 20,804 9,097 11,691 16 13,688 8,176 1,059 GENERAL ADMINISTRATIVE SERVICES Environmental health and safety Health and safety 8,260 1,366 6,884 10 4,839 4,790 1,369 Lifeguard service 86 -- 86 -- -- 86 -- Total 8,346 1,366 6,970 10 4,839 4,876 1,369 Information systems Administrative computing 16,152 9,541 6,610 -- 8,627 7,902 377 Personnel Affirmative action programs 422 305 116 1 242 180 -- Employee assistance program 481 -- 481 -- 350 131 (0) Human resources 6,192 5,604 584 4 11,239 3,574 8,621 Total 7,094 5,909 1,180 5 11,831 3,884 8,621 39

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated Other Administrative records 576 463 113 -- 310 266 -- Association memberships 287 287 -- -- -- 287 -- Campus sculpture collection 422 192 34 196 143 279 (0) Campus-wide employee support program (2,903) -- (2,903) -- -- -- 2,903 Campus-wide program expenses 2,331 1,775 184 372 92 2,239 0 Clinical science building 299 -- 299 -- -- 299 -- Debt service insurance premium 78 -- -- 78 -- 78 -- Deep sea g drilling project Estancia la jolla hotel and spa 7 -- 7 -- -- 7 -- Foreign scholars program 552 444 105 3 591 294 334 President emeritus 74 -- 74 -- 43 31 -- Real estate development p 241 893 (654) 1 914 (130) 543 Science research park ground lease 137 -- 137 -- -- 152 16 Staff association programs 54 -- 54 -- -- 54 -- Staff recognition awards 11 11 -- -- 10 1 -- Interest refunds to agencies (539) -- (539) -- -- (539) -- Student corps services (1) -- (1) -- 56 64 120 Technology transfer and intellectual property services 3,073 999 2,073 1 2,240 832 -- Torrey pines center south 960 1,350 (390) -- -- 1,339 378 Other support 825 -- 825 -- -- 825 -- Total 6,483 6,414 (582) 650 4,399 6,378 4,294 Total General Administrative Services 38,075 23,231 14,179 665 29,695 23,041 14,662 LOGISTICAL SERVICES Construction management (0) -- (2) 2 4,540 8,921 13,461 Media center (31) -- (34) 3 492 799 1,322 Imprints 74 -- 68 6 1,078 2,190 3,194 Garage and transportation Campus shuttle p -- -- -- -- -- 22 22 Parking citation collection 1,140 -- 1,140 -- -- 1,140 -- Transportation services-central garage (574) -- (576) 2 755 3,044 4,374 Total 566 -- 564 2 755 4,206 4,396 Mail and messenger services (124) 3 (136) 8 558 2,308 2,990 Materiel management Chemistry storehouse (54) -- (54) -- 88 434 575 BFS--sale of surplus property 248 -- 248 -- 273 206 231 BFS--purchasing 2,335 1,231 1,103 -- 2,112 824 602 BFS--receiving g y 1,114 628 486 -- 581 532 -- BFS--storehouse (13) -- (13) -- 170 1,593 1,776 Total 3,629 1,859 1,770 -- 3,224 3,589 3,184 Police 4,698 2,878 1,809 10 4,839 2,192 2,333 Telecommunications services (2,828) 505 (3,335) 1 6,286 13,347 22,462 Total Logistical Services 6,015 5,246 739 30 21,282 36,753 52,020 40

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated COMMUNITY RELATIONS Development Alumni affairs g office 1,790 13 1,501 276 1,564 228 1 Social sciences 132 108 3 21 72 60 0 General campus 3,845 -- 2,672 1,173 6,480 (2,527) 107 School of medicine 569 -- 569 -- 403 166 (0) School of pharmacy 42 -- 42 -- -- 42 -- Total 6,379 121 4,787 1,471 8,519 (2,031) 109 University communications 2,317 1,838 455 24 1,201 1,116 -- Publications office 710 464 246 0 620 778 688 Total Community Relations 9,406 2,423 5,488 1,495 10,340 (137) 797 EDUCATIONAL FEE EXPENSE PRORATION -- (30,619) 30,619 -- -- -- -- CONTRACTS AND GRANTS ADMINISTRATION (4,934) (1,468) (3,466) -- -- (4,934) -- COMPENSATED ABSENCES ACCRUAL (14) (155) 6 135 18 (32) -- Total Institutional Support 90,538 27,791 58,012 4,736 93,332 82,138 84,932 OPERATION AND MAINTENANCE OF PLANT Administration 1,907 3,241 (1,336) 2 2,932 7,374 8,400 Building maintenance 11,800 11,718 82 1 2,468 14,148 4,816 Chancellor's house maintenance 49 -- -- 49 20 29 -- Deferred maintenance projects 2,957 113 2,844 -- -- 2,957 -- EHS hazardous waste disposal 1,794 1,279 501 14 842 2,326 1,375 Grounds maintenance 2,668 2,663 5 -- 2,354 4,457 4,143 Janitorial service 7,844 7,626 217 2 5,022 9,657 6,835 Plant service (539) -- (539) -- 3,717 35,384 39,639 Purchased utilities 25,500 25,017 482 -- 1,674 34,156 10,330 Refuse disposal 370 367 3 -- 98 376 103 Utilities operation 8,733 5,033 3,700 -- -- 8,733 (0) Educational fee expense proration -- (19,711) 19,711 -- -- -- -- Contracts and grants administration (26) (33) 7 -- -- (26) -- Compensated absences accrual (75) (5) (70) -- (70) (5) -- Total Operation and Maintenance of Plant 62,982 37,307 25,608 67 19,056 119,565 75,640 STUDENT FINANCIAL AID Student financial aid 212,143 10,884 101,264 99,995 725 211,418 -- Scholarship allowance (129,494) -- (129,494) -- -- (129,494) -- Total Student Financial Aid 82,649 10,884 (28,230) 99,995 725 81,924 -- 41

University of California, San Diego 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution AUXILIARY ENTERPRISES Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges General Designated APPARTMENTS Administration 476 -- 472 3 11,426 (6,706) 4,244 Coast apartments 666 -- 666 -- 142 524 -- Faculty apartments 463 -- 463 -- -- 463 -- La jolla del sol apartments 2,314 -- 2,314 -- 451 1,863 (0) Marshall college apartments 6,253 -- 6,236 17 972 5,697 417 Muir apartments p 1,911 -- 1,911 -- -- 1,964 54 Matthews apartments 3,836 -- 3,773 64 776 3,189 128 Mesa apartments p 3,207 -- 3,207 -- -- 3,207 -- Rita atkinson apartments 895 -- 894 1 183 712 -- Roosevelt international house apartments 2,584 -- 2,584 -- -- 2,860 276 South mesa apartments 1,142 -- 1,142 -- -- 1,142 -- Pepper canyon apartments 2,175 -- 2,175 -- -- 2,467 292 Village east apartments 1,633 -- 1,622 10 474 1,188 30 Village west apartments 2,841 -- 2,836 5 982 2,207 348 Warren apartments 3,967 -- 3,967 -- 75 4,191 300 Total 34,364 -- 34,263 100 15,483 24,969 6,088 RESIDENENCE HALLS Eleanor roosevelt residence halls 1,796 -- 1,796 -- -- 1,967 170 Marshall college residence halls 5,028 -- 4,999 28 1,186 4,297 455 Muir residence halls 6,879 -- 6,798 80 1,321 5,953 395 One miramar administration and clerical 1,744 -- 1,744 -- 231 1,513 -- Revelle residence halls 9,878 -- 9,823 55 2,779 10,784 3,686 Roosevelt residence halls 4,857 -- 4,849 8 1,049 4,453 646 Scripps lunch room (164) -- (164) -- -- (164) -- Warren college residence halls 6,308 -- 6,244 64 1,228 5,585 506 Total 36,326 -- 36,090 236 7,795 34,389 5,859 OTHER y Auxiliary enterprises manager 688 -- 687 1 1,331 1,649 2,292 Bike shop 231 -- 228 3 89 159 17 Birch aquarium museum and bookshop 780 -- 779 2 201 582 2 Birch aquarium-splash café 192 -- 192 -- -- 192 0 Bookstore 23,565 -- 23,519 47 4,077 29,854 10,366 Catering and food services (308) -- (308) -- 100 (408) (0) Club med snack bar (700) -- (700) -- -- (700) -- Day care center 3,346 -- 3,334 13 1,717 3,374 1,744 Grove cafe (170) -- (171) 1 7 17 195 Mac's place (1) -- (1) -- -- (1) -- Muir college sundry shop 159 -- 149 10 56 107 4 Parking and transportation services 14,046 -- 13,964 82 4,888 21,337 12,178 Revelle sundry gift shop and coffee house 11 -- 11 -- -- 11 -- Triton outfitters 44 -- 44 -- -- 45 1 Price center operations Game room 23 -- 20 3 20 3 -- Mail services 402 -- 395 7 327 514 439 Vending machine operations 130 -- 128 1 2 127 -- Contracts and grants administration (232) -- (232) -- -- (232) -- Compensated absences accrual (24) -- (24) -- (21) (3) -- Total 42,182 -- 42,013 169 12,794 56,626 27,238 Total Auxiliary Enterprises 112,872 -- 112,367 505 36,072 115,984 39,185 ELIMINATED CAPITAL EXPENDITURES (90,018) (11,764) (34,353) (43,900) -- (90,018) 0 Total Current Funds Expenditures $ 2,730,977 $ 319,155 $ 1,597,945 $ 813,877 $ 1,481,492 $ 1,618,987 $ 369,503 42

CURRENT FUNDS EXPENDITURES BY DEPARTMENT FINANCIAL AID

University of California, San Diego 20010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT - FINANCIAL AID Current Funds Distribution Total Unrestricted Restricted General Designated Salaries and Wages Other Expenditures Recharges STUDENT FINANCIAL AID GRADUATE SCHOOL OF INTERNATIONAL RELATIONS AND PACIFIC STUDIES $ 536 $ -- $ 380 $ 156 $ 6 $ 530 $ -- JACOBS SCHOOL OF ENGINEERING Mechanical and aerospace engineering 287 15 23 249 -- 287 -- Bioengineering 1,095 211 6 878 48 1,047 -- California institute--telecommunications and information technology 230 -- -- 230 -- 230 -- Computer science and engineering 197 15 37 145 1 196 -- Electrical and computer engineering 560 15 -- 545 (1) 561 -- Structural systems project 342 9 17 316 -- 342 -- Total 2,711 265 83 2,363 48 2,663 -- RADY SCHOOL OF MANAGEMENT 1,358 -- 1,245 113 41 1,317 -- SCHOOL OF MEDICINE Dean's office 7,061 -- 7,523 (462) (2) 7,063 -- Anesthesiology y 19 -- 19 -- -- 19 -- Cellular and molecular medicine 1,127 -- 43 1,084 42 1,085 -- Family and preventive medicine 220 -- -- 220 3 217 -- Medicine 3,516 -- 37 3,479 77 3,439 -- Neurosciences 1,060 -- (437) 1,497 -- 1,060 -- Outreach communication 7 -- -- 7 -- 7 -- Organized research units Anthropogen 54 -- -- 54 -- 54 -- Cancer center 549 -- -- 549 33 516 -- Clinical translational research institute 469 -- 3 466 -- 469 -- Institute for research on aging 97 -- -- 97 -- 97 -- Research g in biostructures-medical 55 -- -- 55 -- 55 -- Pathology 529 -- 79 450 6 523 -- Pediatrics 133 -- 22 111 -- 133 -- Pharmacology 1,427 -- 221 1,206 46 1,381 -- Physical sciences 2 -- -- 2 -- 2 -- Psychiatry 1,038 -- 2 1,036 5 1,033 -- Radiology 117 -- -- 117 -- 117 -- Reproductive g medicine 230 -- 12 218 -- 230 -- Surgery 229 -- 172 57 135 95 -- Total 17,939 -- 7,696 10,243 345 17,595 -- SCHOOL OF PHARMACY AND PHARMACEUTICAL SCIENCES 2,822 31 270 2,521 46 2,776 -- CAMPUS-WIDE DEPARTMENTS Anthropology 5 -- -- 5 -- 5 -- Biological sciences 2,594 21 2 2,571 83 2,511 -- Chemistry and biochemistry 1,774 156 6 1,612 (9) 1,783 -- Communication 8 8 -- -- -- 8 -- Create 155 -- -- 155 -- 155 -- International studies 12 9 -- 3 -- 12 -- Economics 50 -- -- 50 1 49 -- Ethnic studies 9 9 -- -- -- 9 -- History 156 63 -- 93 -- 156 -- Literature 1 -- -- 1 -- 1 -- Mathematics 131 -- -- 131 -- 131 -- Music 31 14 -- 17 -- 31 -- Organized research units Centers Comparative immigration studies 80 74 -- 6 20 60 -- Iberian-latin american studies 27 17 -- 10 -- 27 -- Magnetic p recording 13 -- -- 13 -- 13 -- Research in language 270 -- -- 270 -- 270 -- Super Computer -- -- -- -- -- -- -- United states-mexican studies 215 139 -- 76 162 53 -- Institutes Biomedical engineering 1 -- -- 1 -- 1 -- 44

University of California, San Diego 20010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT - FINANCIAL AID Current Funds Salaries and Wages Distribution Other Expenditures Total Unrestricted Restricted Recharges General Designated Engineering in medicine 63 -- -- 63 43 21 -- Global conflict and cooperation 15 -- -- 15 -- 15 -- Neural computation 289 -- -- 289 -- 289 -- Cognitive science 20 -- -- 20 -- 20 -- Education studies 161 -- -- 161 -- 161 -- Nano engineering 31 34 -- (3) -- 31 -- Philosophy 10 -- 10 -- -- 10 -- Physicial science 28 -- 23 5 -- 28 -- Physics 26 -- -- 26 (75) 101 -- Political science 36 36 -- -- -- 36 -- Psychology 189 138 -- 51 6 183 -- Social sciences 53 -- -- 53 -- 53 -- Sociology 7 7 -- -- -- 7 -- Theatre and dance 149 59 5 85 1 148 -- Visual arts 49 13 3 33 -- 49 -- Total 6,658 797 49 5,812 232 6,427 -- SCRIPPS INSTITUTION OF OCEANOGRAPHY Marine resources p y y 323 -- -- 323 -- 323 -- Research divisions Geosciences research division 5 -- -- 5 -- 5 -- Marine biology research division 478 4 -- 474 -- 478 -- Marine research division 59 -- -- 59 -- 59 -- Sea stipend 823 -- -- 823 -- 823 -- The g SIO department g p 987 20 -- 967 -- 987 -- Total 2,675 24 -- 2,651 -- 2,675 -- OTHERp y p Eleanor roosevelt p college 25 -- -- 25 -- 25 -- Warren college 7 -- -- 7 -- 7 -- Office of graduate studies and research 28,791 9,572 13,201 6,018 7 28,783 -- Student financial services 148,598 195 78,317 70,086 -- 148,597 -- Summer session 23 -- 23 -- -- 23 -- Total 177,444 9,767 91,541 76,136 7 177,435 -- Subtotal Student Financial Aid 212,143 10,884 101,264 99,995 725 211,418 -- Less: scholarship allowance (129,494) -- (129,494) -- -- (129,494) -- Total Student Financial Aid $ 82,649 $ 10,884 $ (28,230) $ 99,995 $ 725 $ 81,924 $ -- 45

CURRENT FUNDS EXPENDITURES BY FUND SOURCE

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY FUND SOURCE Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges GENERAL FUNDS (1) Instruction $ 161,289 $ 161,289 -- $ 194,029 $ (32,741) $ (1) Research 23,453 23,453 -- 16,417 7,036 -- Public service 4,290 4,290 -- 2,120 2,183 13 Academic support 48,366 48,366 -- 34,466 13,910 10 Medical Center 6,208 6,208 -- -- 6,208 -- Student services -- -- -- 6,875 (6,875) 0 Institutional support 27,587 27,587 -- 38,341 (10,481) 273 Operation and maintenance of plant 37,078 37,078 -- 11,816 55,206 29,944 Student financial aid 10,884 10,884 -- 125 10,759 -- Auxiliary enterprises -- -- -- -- -- -- Total General Funds 319,155 319,155 -- 304,188 45,205 30,239 TUITION AND FEES Instruction 169,836 169,836 -- 34,798 140,021 4,984 Research 883 883 -- 42 841 0 Public service 1,088 1,088 -- 703 750 365 Academic support 14,690 14,690 -- 4,109 10,581 -- Medical Centers -- -- -- -- -- -- Student services 54,653 54,653 -- 20,051 34,602 0 Institutional support 30,833 30,833 -- 163 30,670 0 Operation and maintenance of plant 20,023 20,023 -- -- 20,023 -- Student financial aid (11,923) (11,923) -- 41 (11,964) -- Auxiliary enterprises 386 386 -- -- 386 -- Total Tuition and Fees 280,468 280,468 -- 59,907 225,910 5,349 47

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY FUND SOURCE Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges FEDERAL GOVERNMENT Appropriations Research -- -- -- -- -- -- Public service -- -- -- -- -- -- Academic support -- -- -- -- -- -- Total -- -- -- -- -- -- Grants Instruction 4,795 -- 4,795 2,201 2,594 -- Research 423,903 -- 423,903 195,438 228,424 (41) Public service 3,419 -- 3,419 1,995 1,424 0 Academic support 4,269 -- 4,269 799 3,470 -- Medical Centers -- -- -- -- -- -- Student services 5,683 -- 5,683 1,661 4,021 -- Institutional support 127 -- 127 99 28 -- Operation and maintenance of plant 18 -- 18 18 -- -- Student financial aid 84,147 -- 84,147 136 84,011 0 Auxiliary enterprises 505 -- 505 505 -- -- Total 526,867 -- 526,867 202,853 323,973 (41) Contracts Instruction -- -- -- -- -- -- Research 16,919 -- 16,919 8,760 8,158 -- Public service -- -- -- -- -- -- Academic support -- -- -- -- -- -- Medical Centers -- -- -- -- -- -- Student services -- -- -- -- -- -- Institutional support -- -- -- -- -- -- Operation and maintenance of plant -- -- -- -- -- -- Student financial aid 14 -- 14 -- 14 -- Total 16,933 -- 16,933 8,760 8,172 -- Total Federal Government 543,799 -- 543,799 211,613 332,145 (41) 48

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY FUND SOURCE Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges SPECIAL STATE APPROPRI- ATIONS AND CONTRACTS (2) Instruction 1,804 -- 1,804 487 1,317 -- Research 31,793 -- 31,793 14,581 17,213 0 Public service 1,427 -- 1,427 764 663 0 Academic support 895 -- 895 418 477 0 Medical Centers -- -- -- -- -- -- Student services 698 -- 698 520 179 0 Institutional support 122 -- 122 24 98 -- Operation and maintenance of plant -- -- -- -- -- -- Student financial aid 3,939 -- 3,939 7 3,932 -- Auxiliary enterprises -- -- -- -- -- -- Total Special State Appropriations and Contracts 40,680 -- 40,680 16,802 23,878 0 LOCAL GOVERNMENT Instruction -- -- -- -- -- -- Research 4,438 -- 4,438 2,015 2,423 -- Public service 8,024 -- 8,024 3,999 4,025 -- Academic support -- -- -- -- -- -- Medical Centers -- -- -- -- -- -- Student services 31 -- 31 30 2 -- Institutional support -- -- -- -- -- -- Operation and maintenance of plant -- -- -- -- -- -- Student financial aid -- -- -- -- -- -- Auxiliary enterprises -- -- -- -- -- -- Total Local Government 12,493 -- 12,493 6,044 6,449 -- PRIVATE GIFTS, GRANTS AND CONTRACTS Instruction 9,005 11 8,993 4,025 4,979 0 Research 181,759 2 181,757 91,360 90,454 55 Public service 893 -- 893 530 363 0 Academic support 3,479 1 3,478 732 2,747 (0) Medical Center 234 -- 234 10 224 -- Student services 1,376 -- 1,376 39 1,337 -- Institutional support 5,090 1,410 3,680 4,427 663 -- Operation and maintenance of plant -- -- -- -- -- -- Student financial aid 10,063 -- 10,063 253 9,810 -- Auxiliary enterprises -- -- -- -- -- -- Total Private Gifts, Grants and Contracts 211,899 1,425 210,474 101,377 110,577 55 49

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY FUND SOURCE Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges ENDOWMENT AND SIMILAR FUNDS Instruction 10,534 10,176 359 4,131 6,397 (7) Research 8,040 5,639 2,401 4,136 3,904 (0) Public service 257 216 41 178 137 58 Academic support 8,871 7,891 979 1,797 7,074 0 Medical Center -- -- -- -- -- -- Student services 75 109 (34) 23 52 0 Institutional support 22,313 21,508 805 10,053 12,383 123 Operation and maintenance of plant 2,042 1,994 49 160 1,882 -- Student financial aid 2,279 447 1,832 9 2,270 -- Auxiliary enterprises 1,609 1,609 -- -- 1,609 -- Total Endowment and Similar Funds 56,020 49,589 6,431 20,486 35,708 174 SALES AND SERVICES OF EDUCATIONAL ACTIVITIES Instruction 199,056 199,056 -- 199,978 53,096 54,018 Research 1,899 1,899 -- 1,179 721 1 Public service 921 921 -- 501 670 251 Academic support 140,824 140,824 -- 89,246 110,866 59,287 Medical Centers -- -- -- -- -- -- Student services 3,707 3,707 -- 1,809 2,202 304 Institutional support 129 129 -- 25 104 -- Operation and maintenance of plant -- -- -- -- -- -- Student financial aid 343 343 -- 141 203 -- Auxiliary enterprises -- -- -- -- -- -- Total Sales and Services of Educational Activities 346,880 346,880 -- 292,879 167,862 113,861 SALES AND SERVICES OF AUXILIARY ENTERPRISES Instruction -- -- -- -- -- -- Academic support 19 19 -- -- 19 -- Student services 1,441 1,441 -- 599 894 51 Institutional support -- -- -- -- -- -- Operation and maintenance of plant -- -- -- -- -- -- Student financial aid (22,135) (22,135) -- -- (22,135) -- Auxiliary enterprises 107,901 107,901 -- 33,520 108,653 34,271 Total Sales and Services of Auxiliary Enterprises 87,226 87,226 -- 34,118 87,430 34,322 50

(Dollars in Thousands) University of California, San Diego 2010-2011 CURRENT FUNDS EXPENDITURES BY FUND SOURCE Current Funds Distribution Total Unrestricted Restricted Salaries and Wages Other Expenditures Recharges SALES AND SERVICES OF MEDICAL CENTERS Medical Center 786,064 786,064 -- 366,921 442,488 23,345 Student financial aid -- -- -- -- -- -- Total 786,064 786,064 -- 366,921 442,488 23,345 OTHER SOURCES Instruction 7,429 7,429 -- 2,452 4,998 21 Research 6,184 6,184 -- (1,568) 10,350 2,598 Public service 346 346 -- 217 184 55 Academic support 10,775 10,775 -- 9,306 20,239 18,769 Medical Center 249 249 -- 184 192 127 Student services 7,705 7,705 -- 4,379 8,804 5,478 Institutional support (2,791) (2,791) -- 40,090 41,643 84,524 Operation and maintenance of plant 3,446 3,446 -- 7,061 42,080 45,696 Student financial aid (311) (311) -- 14 (325) -- Auxiliary enterprises 1,764 1,764 -- 2,048 4,630 4,914 Total Other Sources 34,796 34,796 -- 64,183 132,796 162,182 RESERVES Instruction 3,452 3,452 -- 2,148 1,309 4 Research 1,030 1,030 -- 373 657 -- Public service 1 1 -- -- 1 -- Academic support 4,213 4,213 -- 320 3,893 -- Medical Centers 284 284 -- -- 284 -- Student services 84 84 -- 24 60 0 Institutional support 2,253 2,253 -- 110 2,155 11 Operation and maintenance of plant 145 145 -- -- 145 -- Student financial aid 1 1 -- -- 1 -- Auxiliary enterprises 34 34 -- -- 34 -- Total Reserves 11,497 11,497 -- 2,974 8,539 16 Total Current Funds Expenditures $ 2,730,977 $ 1,917,100 $ 813,877 $ 1,481,492 $ 1,618,987 $ 369,503 (1) Excludes State Specific General Funds (2) Includes State Specific General Funds 51

CURRENT FUNDS EXPENDITURES BY EXPENDITURE CATEGORY BY FUND SOURCE

University of California, San Diego 2010-2011 (Dollars in Thousands) TUITION AND FEES CURRENT FUNDS EXPENDITURES BY EXPENDITURE CATEGORY BY FUND SOURCE Salaries Employee Supplies Total and Wages Benefits and Services Travel Regular session $ 228,229 $ 35,034 $ 10,211 $ 180,723 $ 2,261 Summer session 11,968 4,715 529 6,627 97 University extension and continuing education 40,270 20,154 4,280 14,739 1,097 Total 280,467 59,903 15,020 202,089 3,455 FEDERAL GOVERNMENT Grants 526,866 202,853 49,900 263,158 10,955 Contracts 16,933 8,761 2,243 5,478 451 Total 543,799 211,614 52,143 268,636 11,406 STATE GOVERNMENT Appropriations and contracts 40,680 16,802 3,665 19,602 611 General 319,154 304,188 77,182 (66,628) 4,412 Total 359,834 320,990 80,847 (47,026) 5,023 LOCAL GOVERNMENT 12,492 6,044 1,905 3,396 1,147 PRIVATE GIFTS, GRANTS AND CONTRACTS Gifts 52,448 23,314 5,337 21,106 2,691 Grants 38,220 16,827 4,372 15,878 1,143 Contracts 121,230 61,236 15,243 40,849 3,902 Total 211,898 101,377 24,952 77,833 7,736 ENDOWMENT AND SIMILAR FUNDS 56,021 20,486 5,633 27,903 1,998 SALES AND SERVICES OF EDUCATIONAL ACTIVITIES Medical group activities 322,651 248,232 45,032 26,314 3,073 Other 24,228 44,647 12,317 (34,062) 1,326 Total 346,879 292,879 57,349 (7,748) 4,399 SALES AND SERVICES OF AUXILIARY ENTERPRISES Parking operations 12,543 2,772 1,233 8,303 235 Residence and dining halls 62,982 20,569 8,031 34,031 351 Bookstore 24,334 4,229 1,308 18,777 20 Other (12,632) 6,549 2,200 (21,460) 79 Total 87,227 34,119 12,772 39,651 685 SALES AND SERVICES OF UCSD MEDICAL CENTER 786,064 366,921 100,909 317,109 1,125 OTHER SOURCES 34,800 64,185 28,795 (62,528) 4,348 RESERVES 11,496 2,974 861 7,475 186 Total Current Funds Expenditures $ 2,730,977 $ 1,481,492 $ 381,186 $ 826,790 $ 41,508 Note: The Schedule of Current Funds Expenditures by Expenditure Category by Fund Source reflects amounts net of the reclassification of capital expenditures and scholarship allowances. 53

CURRENT FUNDS EXPENDITURES BY DEPARTMENT LOC O

University of California, San Diego - Location "O" 2010-2011 (Dollars in Thousands) CURRENT FUNDS EXPENDITURES BY DEPARTMENT Current Funds Distribution Total Unrestricted Restricted General Designated Salaries and Wages Other Expenditures Recharges RESEARCH Global conflict $ 2 $ -- $ 2 $ -- $ 2 $ -- $ -- Biology 2 -- 2 -- 2 -- -- White mountain research station 689 687 2 -- 489 200 -- Total 693 687 6 -- 493 200 -- PUBLIC SERVICE Mathematics diagnostic testing project 73 -- 73 -- 24 49 -- ACADEMIC SUPPORT White mountain research station 278 -- 278 -- -- 361 83 STUDENT FINANCIAL AID Organized research unit California space -- -- -- -- -- -- -- Total Current Funds Expenditures $ 1,044 $ 687 $ 357 $ -- $ 517 $ 610 $ 83 Note: Location "O" activity represents expenditures for U.C. Office of the President programs conducted at the San Diego campus. This activity is not included in the campus financial schedule totals. 55

LONG-TERM DEBT SCHEDULES

COMBINED SCHEDULE OF LONG-TERM DEBT FOR THE SAN DIEGO AND OFFICE OF THE PRESIDENT HELD DEBT (Dollars in Thousands) Outstanding Outstanding Interest Maturity Recorded at Recorded at Total Rate Years the campus UCOP June 30, 2011 Capital lease obligations 2.3-11.8% 2011-2035 72,052 197,772 269,824 Mortgages and other borrowings various 2011-2013 2,124 109,401 111,525 Revenue bonds Medical center 5.1-10% 2011-2047 180,167 -- 180,167 General revenue bonds 4.9% 2011-2041 3,725 1,074,863 1,078,588 Multi-purpose projects 5.1% 2011-2027 -- 34,321 34,321 Third party debt 64,862 -- 64,862 Total External Long Term Debt $ 322,930 $ 1,416,357 $ 1,739,287 Regents' loans 6.5% 2011-2012 $ 367 $ -- $ 367 Total Long Term Debt $323,297 $1,416,357 $1,739,654 Note: in some cases, the interest rate represents the weighted average rate. Note: Regents' Loans (Internal borrowings) not reflected on Statement of Net Assets (page3) SUMMARY OF CURRENT AND NONCURRENT LIABILITIES (Dollars in Thousands) Current Portion of Long Term Debt $ 15,200 $ 42,067 $ 57,267 Long Term Debt 307,730 1,374,290 1,682,020 Total Long Term Debt $ 322,930 $ 1,416,357 $ 1,739,287 57

(Dollars in Thousands) SCHEDULE OF THE SAN DIEGO CAMPUS LONG TERM DEBT RECORDED AT OFFICE OF THE PRESIDENT Outstanding Additions/ Outstanding FY 10/11 July 1, 2010 Adjustments Repayments June 30, 2011 Interest Mortgages and Other Borrowings Clinical & translational research institute $ -- $ 3,001 $ -- $ 3,001 $ -- East campus office building -- 11,544 -- 11,544 -- Health sciences biomed research facility -- 12,009 -- 12,009 -- Management school facility phase 1 -- 4,100 -- 4,100 28 Marine ecosystem sensing laboratory -- 1,204 -- 1,204 -- Muir college apartments -- 18,050 -- 18,050 -- Muir stewart commons renovation 41 (41) -- -- -- Original student center expansion 6,286 (6,286) -- -- -- Revelle college apartments 13,504 20,174 -- 33,678 -- Robert paine scripps center -- 1,300 -- 1,300 9 SEP program: state operating -- 3,956 -- 3,956 -- Telemed & prime-heq education facility -- 20,559 -- 20,559 -- Total Mortgages and Other Borrowings 19,831 89,570 -- 109,401 37 Capital Lease Obligations Bonner hall improvements 4,500 -- 262 4,238 208 California institute of telecommunications and information technologies, series c (2005) 51,470 -- 1,570 49,900 2,551 Central library addition 25,132 -- 1,728 23,404 826 Engineering building unit II, series b (1993) & a (2001) 12,467 -- 980 11,487 642 Engineering building unit III B, series f (2004) 33,010 -- 985 32,025 1,618 Graduate school of international relations and pacific studies--robinson complex 2,352 -- 428 1,924 283 Management school facility phase 2 30,265 -- -- 30,265 1,609 Medical center inpatient tower completion 29,655 -- 2,038 27,617 975 Medical center north annex seismic replacement 4,200 -- 245 3,955 194 Scripps institution of oceanography pier and seawater holding tanks 1,260 -- 229 1,031 152 Social sciences building construction 5,430 -- 975 4,455 261 Visual arts facility 8,025 -- 554 7,471 264 Total Capital Lease Obligations 207,766 -- 9,994 197,772 9,583 Revenue Bonds Variable Rate Demand (Pool 4) Deferred maintenance 3,140 -- 1,162 1,978 114 Variable Rate Demand (Pool 5) Deferred maintenance 3,160 -- 952 2,208 121 Variable Rate Demand (Pool 6) Deferred maintenance 3,322 -- 844 2,478 128 Variable Rate Demand (Pool 8) Deferred maintenance 2,620 -- 578 2,042 90 Variable Rate Demand (Pool 9) W. m. keck building (fmri) 62 -- 62 -- 2 W. m. keck building equipment (fmri) 361 -- 361 -- 7 Total Pool 9 423 -- 423 -- 9 Variable Rate Demand (Pool 10) Eleanor roosevelt college housing and dining 38,630 -- 16,785 21,845 1,053 Powell-focht bioengineering hall 2,923 -- 135 2,788 136 Science research park infrastructure 1,737 -- 755 982 47 Total Pool 10 43,290 -- 17,675 25,615 1,236 Revenue Bonds (continued) General Revenue Bond (2003 A) Bookstore 2,280 -- 283 1,997 114 58

(Dollars in Thousands) SCHEDULE OF THE SAN DIEGO CAMPUS LONG TERM DEBT RECORDED AT OFFICE OF THE PRESIDENT Outstanding Additions/ Outstanding FY 10/11 July 1, 2010 Adjustments Repayments June 30, 2011 Interest Cellular and molecular medicine east 17,001 -- 958 16,043 854 La jolla del sol 14,021 -- 1,741 12,280 699 North campus recreation area 1,909 -- 237 1,672 95 Parking and roadway improvements, phase I (pool 1) 2,266 -- 282 1,984 113 Parking and roadway improvements (pool 1b) 12,003 -- 1,013 10,990 603 Price center 5,588 -- 313 5,275 275 Roger and ellen revelle laboratory 2,942 -- 1,068 1,874 101 Student residence halls and apartments 14,450 -- 1,795 12,655 721 UCHS (originally series a) 7,653 -- 1,426 6,227 378 UCHS refurbishment (pool 1) 2,282 -- 283 1,999 114 Total General Revenue Bond (2003 A) 82,395 -- 9,399 72,996 4,067 General Revenue Bond (2003 B) Biology field station/site development 2,203 -- 127 2,076 108 Campus ambulatory care center 1,965 -- 113 1,852 97 Campus services complex, phase I 2,964 -- 170 2,794 146 Clinical sciences building 10,623 -- 611 10,012 522 Early childhood education center 1,158 -- 67 1,091 57 Early childhood education center expansion 716 -- 41 675 35 Managed care 629 -- 36 593 31 Medical center ambulatory care center 6,480 -- 373 6,107 319 Medical center cardiac care unit expansion and modernization 1,698 -- 98 1,600 83 Medical center eleventh floor operating room 836 -- 48 788 41 Medical center outpatient center renovations and cardiac catheterization suite expansion 2,885 -- 166 2,719 142 Medical center west wing renovations 833 -- 265 568 39 Parking and roadway improvements, phase III 2,215 -- 127 2,088 109 Shiley eye center 2,840 -- 163 2,677 140 Torrey pines center north 8,196 -- 471 7,725 403 Torrey pines center south 5,306 -- 305 5,001 261 Total General Revenue Bond (2003 B) 51,547 -- 3,181 48,366 2,533 General Revenue Bond (2005 C) California institute of telecommunications and information technologies (cal it2) 18,277 -- 117 18,160 868 Student Academic Services Facility 715 -- 243 472 34 Miramar warehouse 6,150 -- 117 6,033 292 Multi-purpose building 17,158 -- 326 16,832 816 Skaggs school of pharmacy and pharmaceutical sciences 11,706 -- 222 11,484 556 Rebecca & john moores ucsd cancer center 42,021 -- 798 41,223 1,996 Total General Revenue Bond (2005 C) 96,027 -- 1,823 94,204 4,562 General Revenue Bond (2005 D) Central utilities plant steam turbine generator and chiller 4,612 -- 310 4,302 10 General Revenue Bond (2005 E) Deferred maintenance B 199 -- 199 -- 10 General Revenue Bond (2005 G) Student academic services facility 3,824 -- 457 3,367 160 General Revenue Bond (2005 I) California institute of telecommunications and information technologies (cal it2) 715 -- 243 472 34 Student academic services facility 161 -- 55 106 8 Total General Revenue Bond (2005 I) 876 -- 298 578 42 General Revenue Bond (2007 J) 59

(Dollars in Thousands) SCHEDULE OF THE SAN DIEGO CAMPUS LONG TERM DEBT RECORDED AT OFFICE OF THE PRESIDENT Outstanding Additions/ Outstanding FY 10/11 July 1, 2010 Adjustments Repayments June 30, 2011 Interest Central utilities cogeneration addition 25,940 -- 710 25,230 1,204 Eleanor roosevelt college housing and dining 46,563 -- 83 46,480 2,132 Gilman parking 16,614 486 16,128 774 Torrey pines center north - parking 10,806 -- 316 10,490 502 Torrey pines center south 16,636 -- 487 16,149 774 W. m. keck building (fmri) 2,879 -- 4 2,875 134 W. m. keck building equipment (fmri) 721 -- -- 721 36 Powell-focht bioengineering hall 3,523 -- 6 3,517 162 Science research park infrastructure 2,093 -- 4 2,089 96 Leichtag family foundation biomedical building 36,825 -- 62 36,763 1,712 Science and engineering research facility 19,620 -- 942 18,678 932 Total General Revenue Bond (2007 J) 182,220 -- 3,100 179,120 8,458 General Revenue Bond (2007 K) Nierenberg hall 2,129 -- 100 2,029 103 Recreational/intramural and athletic complex 21,344 -- 1,007 20,337 1,037 Warren college residence halls 24,074 -- 1,135 22,939 1,169 Total General Revenue Bond (2007 K) 47,547 -- 2,242 45,305 2,309 General Revenue Bond (2008 L) SIO storm/seawater management 7,700 -- 125 7,575 373 General Revenue Bond (2009 O) Deferred maintenance 9,315 475 8,840 472 Housing and dining services administration building 22,510 355 22,155 1,208 North campus housing 112,480 1,750 110,730 6,037 Robert paine scripps center 2,905 45 2,860 156 San diego supercomputer center expansion 45,865 715 45,150 2,462 University centers expansion/renovation 65,885 1,025 64,860 3,536 Total General Revenue Bond (2009 O) 258,960 -- 4,365 254,595 13,871 General Revenue Bond (2009 P) W. m. keck building equipment (fmri) 1,020 -- -- 1,020 43 Leichtag family foundation biomedical building 4,613 -- 1,114 3,499 160 Total General Revenue Bond (2009 P) 5,633 -- 1,114 4,519 203 General Revenue Bond (2009 Q) Cogeneration plant expansion 5,680 -- -- 5,680 255 Health sciences biomedical research facility 1,590 -- -- 1,590 72 Health sciences graduate and professional student 6,955 -- -- 6,955 134 housing -- Marine ecosystem sensing laboratory 65 -- -- 65 3 Muir college apartments 1,370 -- -- 1,370 62 Muir stewart commons dining renovation 1,080 -- -- 1,080 44 North campus housing phase 2 10,240 -- -- 10,240 -- Revelle college apartments 2,430 -- -- 2,430 110 SEP program: recreation fee 270 -- -- 270 12 SEP program: state operating 11,500 -- -- 11,500 465 Telemedicine and prime-heq ed facility 1,590 -- -- 1,590 70 Total General Revenue Bond (2009 Q) 42,770 -- -- 42,770 1,227 General Revenue Bond (2009 R) Cogeneration plant expansion 5,690 -- -- 5,690 302 Health sciences biomedical research facility 13,510 -- -- 13,510 741 Health sciences graduate and professional student 58,645 -- -- 58,645 2,071 housing -- Marine ecosystem sensing laboratory 560 -- -- 560 31 Muir college apartments 11,655 -- -- 11,655 1,334 60

(Dollars in Thousands) SCHEDULE OF THE SAN DIEGO CAMPUS LONG TERM DEBT RECORDED AT OFFICE OF THE PRESIDENT Outstanding Additions/ Outstanding FY 10/11 July 1, 2010 Adjustments Repayments June 30, 2011 Interest Muir stewart commons dining renovation 8,905 -- -- 8,905 458 North campus housing phase 2 83,215 -- -- 83,215 1,738 Revelle college apartments 15,790 -- -- 15,790 864 Telemedicine and prime-heq ed facility 5 -- -- 5 -- Total General Revenue Bond (2009 R) 197,975 -- -- 197,975 7,539 General Revenue Bond (2010 S) Biology field station 161 -- -- 161 9 Campus energy conservation, phase1 1,042 -- -- 1,042 56 Campus services complex, phase 1 216 -- -- 216 11 Clinical sciences building 775 -- -- 775 41 Central utilities cogeneration addition 578 -- -- 578 31 Central utilities plant steam turbine generator and chiller 356 -- -- 356 19 Functional mri center 99 -- -- 99 5 Miramar warehouse 235 -- -- 235 13 Multipurpose building 655 -- -- 655 35 Pharmaceutical sciences building 447 -- -- 447 24 Nierenberg hall 135 -- -- 135 7 Robert paine scripps center 70 -- -- 70 4 San diego dm & fr program, fy 06-07 213 -- -- 213 11 Science research park infrastructure 47 -- -- 47 2 SIO storm/seawater management 168 -- -- 168 9 Student academic services facility 313 -- -- 313 17 San diego supercomputer center expansion 1,111 -- -- 1,111 59 Torrey pines center-north 598 -- -- 598 62 Torrey pines center-south 1,168 -- -- 1,168 32 Rebecca & john moores ucsd cancer center 1,605 -- -- 1,605 86 Total General Revenue Bond (2010 S) 9,992 -- -- 9,992 533 General Revenue Bond (2010 T) Student academic services facility 58 -- -- 58 3 General Revenue Bond (2010 U) Eleanor roosevelt college housing and dining -- 14,551 101 14,450 632 Inst.of Geo./Planetary PhysicsIGPP -- 933 11 922 35 Science research park infrastructure -- 654 5 649 96 Student academic services facility -- 451 3 448 20 Total General Revenue Bond (2010 U) -- 16,589 120 16,469 783 LPR (2005 B) Hopkins Parking Structure 20,949 -- 3,381 17,568 861 LPR (2007 D) East Campus Graduate Housing 72,115 -- -- 72,115 3,552 LPR (2010 E) Hopkins Parking Structure -- 3,049 60 2,989 84 Total Revenue Bonds 1,141,354 19,638 51,808 1,109,184 52,878 Total Long Term Debt Recorded at the Office of the President $ 1,368,951 $ 109,208 $ 61,802 $ 1,416,357 $ 62,498 61

SCHEDULE OF THE SAN DIEGO CAMPUS LONG TERM DEBT RECORDED AT THE SAN DIEGO CAMPUS (Dollars in Thousands) Outstanding Additions/ Outstanding FY 10/11 July 1, 2010 Adjustments Repayments June 30, 2011 Interest Regents' Loans Bachman canyon lot $ 277 $ -- $ -- $ 277 $ -- Science research park 90 -- -- 90 -- Student health center 223 -- 223 -- 1 Total Regents' Loans 590 -- 223 367 1 Capital Lease Obligations Equipment - campus 6,786 74 1,631 5,229 259 Equipment - medical center 17,775 15,666 5,523 27,918 513 SPWB hillcrest seismic improvement 39,945 -- 1,040 38,905 1,769 Total Capital Lease Obligations 64,506 15,740 8,194 72,052 2,541 Mortgages and Other Borrowings Rebecca and john moores ucsd cancer center 2,124 -- -- 2,124 30 Revenue Bonds Cardiovascular center/thornton expansion 123,715 -- -- 123,715 7,938 Moores cancer center 19,230 -- 278 18,952 879 Solar energy projects GRB2010W -- 3,725 -- 3,725 63 Thornton hospital MCPRB2010G -- 37,500 -- 37,500 783 Thornton hospital 44,535 -- 44,535 -- 1,123 Total Revenue Bonds 187,480 41,225 44,813 183,892 10,786 Third Party Debt 64,862 -- -- 64,862 -- San Diego Campus $ 319,562 $ 56,965 $ 53,230 $ 323,297 $ 13,358 SUMMARY SCHEDULE OF LONG TERM DEBT (Dollars in Thousands) Outstanding Additions/ Outstanding FY 10/11 July 1, 2010 Adjustments Repayments June 30, 2011 Interest Total Long Term Debt Recorded at the San Diego Campus $ 319,562 $ 56,965 $ 53,230 $ 323,297 $ 13,358 Total Long Term Debt Recorded at the Office of the President 1,368,951 109,208 61,802 1,416,357 62,498 Total Long Term Debt $ 1,688,513 $ 166,173 $ 115,032 $ 1,739,654 $ 75,856 62

University of California, San Diego practices the Principles of Community that provides a framework for diversity and affirms the unique contribution of each member of the UCSD community. Compiled and edited by UCSD Business & Financial Services