2016_SUNY_Optometry_PRR

2 0 1 5 A N N U A L F I N A N C I A L R E P O R T

Notes to Financial Statements June 30, 2015 and 2014

Investment Maturities and Credit Ratings

Table A (in thousands)

Fiscal Year 2015

Fiscal Year 2014

Market Less than More than Market Less than More than Investment Type Value 1 yr 1-5 yrs 6-10 yrs 10 yrs Value 1 yr 1-5 yrs 6-10 yrs 10 yrs US Treasury bills $ 15,058 15,058 14,558 14,558 US Treasury notes/bonds 15,803 15,803 15,267 277 14,990 Municipal bonds 625 351 162 112 939 291 535 113 Corporate bonds 117 34 31 52 Mutual funds – non-equities 21,822 836 2,042 18,676 268 21,265 790 2,965 17,267 243 Total investments $ 53,308 32,048 2,204 18,788 268 52,146 15,916 18,524 17,411 295 - - - - - - - - - - - - - - - - - - -

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Table B (in thousands)

Not

Credit Rating AAA AA A BBB BB B Rated Investment Type - 2015 External investment pools $ 858,605 Municipal bonds 513 112 Mutual funds - non-equities* 20,563 11 937 247 7 17 40 Total $ 20,563 859,129 937 247 7 17 152 Investment Type - 2014 External investment pools $ 832,597 Municipal bonds 575 201 163 Corporate bonds 22 19 6 12 58 Mutual funds - non-equities* 18,898 1,140 1,227 Total $ 18,898 833,172 1,363 19 1,233 12 221 - - - - - - - - - - - - - - - - - - - - - - - - - - -

*based on average credit quality of holdings