Last Three Fiscal Years
(Expressed in Thousands)
| FOR THE YEAR ENDED JUNE 30, | GROSS REVENUES(1) | DIRECT OPERATING EXPENSES (2) | NET REVENUE AVAILABLE FOR DEBT SERVICE | DEBT SERVICE REQUIREMENTS | |||
|---|---|---|---|---|---|---|---|
| PRINCIPAL | INTEREST | TOTAL | COVER- AGE | ||||
| 1994 | $8,778 | $1,083 | $7,695 | $5,630 | $3,858 | $9,488 | 0.81 |
| 1995 | 10,511 | 1,509 | 9,002 | 2,940 | 5,097 | 8,037 | 1.12 |
| 1996 | 11,525 | 1,795 | 9,730 | 3,970 | 4,939 | 8,909 | 1.09 |
(1) Includes Operating and Non-Operating Revenues and Principal Collections.
(2) Includes Operating Expenses Less Depreciation, Amortization and Interest Expenses.
SOURCE: Connecticut Higher Education Supplemental Loan Authority Financial Statements
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