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ATTACHMENT
IRS Form 990-T, Line 12, Other Income
Agency fee unrelated business income calculation from STIP and GEP
For the year ended June 30, 2014
Agency assets average balance as of beginning and end of year
Agency assets at 6/30/14
Agency assets at 6/30/13
Average agency assets at 6/30/14
Net Position at 6/30/14
Ratio
a
b
c=a/b
Investment Income
Net Appreciation (Depreciation) in fair value of
investments
Total
Prorated Investment Income
Prorated Net Appreciation (Depreciation) in fair value of
investments
Prorated UBTI from Agency Fees
STIP
GEP
84,411,000
216,964,000
95,468,000
177,094,000
89,939,500
197,029,000
9,487,375,000 8,183,384,000
0.95%
2.41%
d
159,607,000
80,525,000
e
(128,857,000)
30,750,000
1,255,060
81,780,060
f=cxd
1,513,061
g=cxe
h=f+g
(1,221,553)
291,507
-9-
Form 990-T
Line 12
1,938,777
30,218
1,968,995 2,260,503
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THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
94-3067788
NOL Carryover Schedule
FORM 990-T, PAGE 1, PART II, LINE 31 NOL
YEAR
ENDING
AMOUNT
GENERATED
AMOUNT
AVAILABLE
(264,749)
6/30/1999
6/30/2000
6/30/2001
6/30/2002
6/30/2002
6/30/2002
6/30/2003
6/30/2004
6/30/2005
6/30/2006
6/30/2007
6/30/2008
6/30/2009
6/30/2010
6/30/2011
6/30/2012
6/30/2013
6/30/2014
-
(1,766,589)
-
(354,601)
(2,750,799)
(1,300,446)
(2,645,649)
(5,476,558)
(4,341,687)
(2,633,597)
(792,028)
(4,206,074)
-
1
3
TAX
YEAR
UTILIZED
AMOUNT
UTILIZED
(1,355,360)
(1,180,176)
(1,404,840)
(2,705,286)
(5,350,935)
(10,827,493)
(15,169,180)
(17,802,777)
(18,594,805)
(18,594,805)
(22,800,879)
264,749
411,229
175,184
1,180,176
354,601
1,345,959
NET OPERATING LOSS CARRYOVER TO 6/30/2015
2002
2
2002
2011
2013
2013
2013
CARRYOVER
(1,355,360)
(1,180,176)
(1,404,840)
(2,705,286)
(5,350,935)
(10,827,493)
(15,169,180)
(17,802,777)
(18,594,805)
(18,594,805)
(22,800,879)
(22,800,879)
(22,800,879)
1
The net operating loss for tax year 2010 was adjusted for activities reported on a late K-1s received (see NOL
Attachment 1). Original FY 11 loss reported was (568,200) and increased by (223,829) in unrecorded
partnership losses discovered during the FY 14 return preparation, resulting in an adjusted FY 11 loss of
(792,029).
2
The net operating loss for tax year 2011 was adjusted for activities reported on late K-1s received (see NOL
Attachment 2) and UC Irvine's unrecorded Pathology Lab. Original FY 12 income reported was 1,271,428 and
decreased by (1,171,138) in unrecorded losses from UC Irvine's Pathology Lab activities and increased by
74,894 in unrecorded partnership income discovered during the FY 14 return preparation, resulting in adjusted
FY 12 income of 175,184.
3
The net operating loss for tax year 2012 was adjusted for activities reported on late K-1s received (see NOL
Attachment 3), reversals of amounts erroneously reported in tax year 2012 (see NOL Attachment 4), and the
5,000 C-TRAC fee. Original FY 13 loss reported was (727,796) and decreased by (3,209,382) in unrecorded
partnership losses, 263,897 in the reversal of erroneously recorded partnership income, and the unrecorded
5,000 C-TRAC fee. The result is an FY 13 loss of (4,206,074) = [(727,796) + (3,209,382) + (263,897) + (5,000)].
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THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
94-3067788
Charitable Contributions Carryover
FORM 990-T, PAGE 1, PART II, LINE 20 Charitable Contributions
YEAR
ENDING
AMOUNT
GENERATED
AMOUNT
UTILIZED
TAX
YEAR
UTILIZED
CARRYOVER
2,918
2,918
9,482
CHARITABLE CONTRIBUTIONS CARRYOVER TO 6/30/2015
9,482
6/30/2013
6/30/2014
2,918
6,564
AMOUNT
AVAILABLE
-
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STATEMENT 1
The Regents of the University of California
EIN 94-3067788
Form 990-T
Income (loss) from Partnerships
FY 2013-14
UBIT Income
(Loss)
Name
Capital Gain (Loss) (Form 990-T, Line 4a)
Net Gain (Loss) (Form 990-T, Line 4b)
Income (Loss) from Partnership Investments (Form 990-T, Line 5)
$3,426,749
($150,540)
$275,203
Investments in limited partnerships
$3,551,412
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STATEMENT 2
EIN 94-3067788
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
FORM 990-T ATTACHMENT
FY 2013-14
DESCRIPTION
AMOUNT
PART II DEDUCTIONS NOT TAKEN ELSEWHERE
Interest
Davis (Parking Services)
$
1,110
15
Merced (Bookstore)
Los Angeles (Lake Arrowhead Conference Center)
43,510
San Diego (Bookstore)
355
San Diego (Parking Bonds)
9,039
San Diego (Athletic Buildings)
11,407
San Francisco (Parking Operations)
Total Interest
1
(Page 1, part II, line 18)
$
65,437
$
13,043,230
Other Deductions
Other Direct Costs
Operations and Maintenance
2,987,426
General Administration
2,729,882
Departmental Administration
78,937
Total Other Deductions (Page 1, part II, Line 28)
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$
18,839,475
STATEMENT 3
EIN 94-3067788
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
FORM 990-T ATTACHMENT
FY 2013-14
PART V
STATEMENTS REGARDING CERTAIN ACTIVITIES AND OTHER INFORMATION
List of Overseas Centers/Education Abroad Program Bank Accounts - University of California
(Page 2, part V, line 1)
Australia
Barbados
Brazil
Chile
China
Denmark
France
Germany
Ghana
Hong Kong
Italy
Japan
Korea
Mexico
New Zealand
Singapore
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Spain
Sweden
Taiwan
Thailand
Turkey
United Kingdom
Vietnam
STATEMENT 4
EIN 94-3067788
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
FORM 990-T ATTACHMENT
FY 2013-14
SCHEDULE J - ADVERTISING INCOME AND ADVERTISING LOSS
Part I - Income From Periodicals Reported on a Consolidated Basis
(1)
Name of Periodical
African Arts Qtrly
Cultural & Recreation Affairs
Corp Sponsorship/Athletics
Anderson Forecast
Qtrly Rec Bulletin
The Guardian
Triton
The Synapse
Sports Program Ads
Wellness Letter
Total
Name of Periodical
(continued)
(2)
Gross
Advertising
Income
(3)
Direct
Advertising
Costs
(4)
Advertising
Gain
or Loss
0
15,206
989,329
4,800
12,930
57,770
2,700
11,950
0
0
0
3,668
27,278
39
26,914
44,091
200
172,081
0
0
0
11,538
962,051
4,761
(13,984)
13,679
2,500
(160,131)
0
0
1,094,685
274,270
820,415
(6)
Readership
Costs
(7)
Periodical
Gain or Loss
(5)
Circulation
Income
African Arts Qtrly
Cultural & Recreation Affairs
Corp Sponsorship/Athletics
Anderson Forecast
Qtrly Rec Bulletin
The Guardian
Triton
The Synapse
Sports Program Ads
Wellness Letter
0
0
0
0
5,185
61,654
0
3,420
144,697
0
0
0
0
0
6,097
79,037
0
75,293
404,279
0
Total
214,956
564,706
Total Advertising and Circulation Income
0
0
0
0
912
17,383
0
71,873
259,582
0
349,751
470,664
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EIN 94-3067788
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
FORM 4562 ATTACHMENT
FY 2013-14
DESCRIPTION
AMOUNT
PART I DEPRECIATION
Other Depreciation
A.
Description of Property
1. Building
2. Equipment & Fixtures
B.
Cost or other basis
1. Building
$ 145,450,521
2. Equipment & Fixtures
$
6,371,336
Method of Depreciation: Straight-line
C.
Life
1. Building
50 YEARS
2. Equipment & Fixtures
15 YEARS
D. Depreciation Deduction this year
1. Building
$
2,909,010
2. Equipment & Fixtures
$
424,756
$
3,333,766
E. Total Depreciation for the year
(Form 4562, Page 1, part III, line 17,
Form 990-T, Page 1, part II, line 21)
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Total FY 13-14 Section 59(e)(2) Amortization
Form 4562, Part VI, Line 44
From FY
2010-2011
2011-2012
2012-2013
2013-2014
Total
Regents
23,992
263,881
647,422
976,792
1,912,088
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THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
94-3067788
AMTNOL Carryover Schedule
Form 4626, PAGE 1, LINE 6 AMTNOL
YEAR
ENDING
AMOUNT
GENERATED
6/30/1999
6/30/2000
6/30/2001
6/30/2002
6/30/2002
6/30/2002
6/30/2003
6/30/2004
6/30/2005
6/30/2006
6/30/2007
6/30/2008
6/30/2009
6/30/2010
6/30/2011
6/30/2012
6/30/2013
6/30/2014
AMOUNT
AVAILABLE
(264,749)
-
(1,766,589)
-
(354,601)
(2,750,799)
(1,300,446)
(2,645,649)
(5,476,558)
(4,341,687)
(2,629,314)
(714,392)
(4,113,295)
-
1
3
TAX
YEAR
UTILIZED
AMOUNT
UTILIZED
(1,524,896)
(1,238,369)
(2,750,799)
(3,181,535)
(5,827,184)
(11,303,742)
(15,645,429)
(18,274,743)
(18,989,136)
(18,989,136)
(23,102,430)
264,749
241,693
286,527
1,238,369
2002
2
2002
2011
2013
354,601
2013
869,710
2013
ALTERNATIVE MINIMUM TAX NET OPERATING LOSS CARRYOVER TO 6/30/2015
CARRYOVER
(1,524,896)
(1,238,369)
(2,750,799)
(3,181,535)
(5,827,184)
(11,303,742)
(15,645,429)
(18,274,743)
(18,989,136)
(18,989,136)
(23,102,430)
(23,102,430)
(23,102,430)
1
The AMTNOL for tax year 2010 was adjusted for activities reported on a late K-1s received (see AMTNOL
Attachment 1) and reversal of erroneously recorded AMT income (see Line 17F Reversal from LIME ROCK
PARTNERS V, L.P. (EIN: 98-0439403) K-1s). Original FY 11 AMTNOL reported was (434,775) and increased
by (223,829) in unrecorded partnership losses discovered during the FY 14 return preparation and a reversal of
erroneously recorded Line 17F AMT items of (55,789), resulting in an adjusted FY 11 loss of (714,392).
2
The AMTNOL for tax year 2011 was adjusted for activities reported on late K-1s received (see AMTNOL
Attachment 2), UC Irvine's unrecorded Pathology Lab, and reversal of erroneously recorded AMT income (see
Line 17F Reversal from LIME ROCK PARTNERS V, L.P. (EIN: 98-0439403) K-1s). Original FY 12 AMT income
reported was 1,483,445 and decreased by (1,171,138) in unrecorded losses from UC Irvine's Pathology Lab
activities, a reversal of erroneously recorded Line 17F AMT items of (100,674), and increased by 74,894 in
unrecorded partnership income discovered during the FY 14 return preparation, resulting in adjusted FY 12 AMT
income of 286,527 = [1,483,445 + (1,171,138) + (100,674) + 74,894].
3
The AMTNOL for tax year 2012 was adjusted for activities reported on late K-1s received (see AMTNOL
Attachment 3), reversals of amounts erroneously reported in tax year 2012 (see AMTNOL Attachment 4), the
5,000 C-TRAC fee, a Line 17A adjustment (see Schedule K-1, Line 17A Adjustment), and a reversal of
erroneously recorded AMT items (see Line 17F Reversal from LIME ROCK PARTNERS V, L.P. (EIN: 980439403) K-1s). Original FY 13 AMTNOL reported was (636,355) and decreased by (3,209,382) in unrecorded
partnership losses, 263,897 in the reversal of erroneously recorded partnership income, the unrecorded 5,000 CTRAC fee, and increase of Line 17A item of 8,247, and a reversal of erroneously reported Line 17F item of
(6,907). The result is an FY 13 loss of (4,113,295) = [(636,355) + (3,209,382) + (263,897) +
(5,000)+8,247+(6,907)].
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