A new report from the state auditor says the University of Nebraska increased its assets this year through a combination of investments, insurance and cost-savings measures.

The shows that the university’s unrestricted net assets grew by 10% to $902 million, while its cash reserves increased by $5 million, due largely to cost-saving measures.

Compensation and benefits for employees increased by 2%, while expenses for supplies, materials and utilities decreased.

The report also says the university’s partnership with the Nebraska Medical Center generated $7 million for the university, while its insurance balances for property, general liability and group health insurance grew by $17 million.