USD President's Report 2004

ENDOWMENT FUND

PHILANTHROPIC COMMITMENTS TO USO • annual fund other

GRANTS AND CONTRACTS • federal other

$157.

in millions

in millions 70

In millions 10

150

S9.6

$9.55

$66.46.

140 130

9

$8.77

60

120

8

110 $108.6 100

50

7

$97.2

$96.6

$88.0

90

6

40

80 70

$5.0

5

30

60

4

$3.8

$24.75

50 40 30 20

3

20

2

$8.65 • • 1999-00 2000-01

$9.9 • • 2001 -02 2002-03 2003-04

10 $7.92

10

2001 -02 2002-03

2003-04

2002

2004

1999-00 2000-01

2000

2001

2003

·Figures are unaudited and subject to change. Final year-end results may very from those reported here.