Revenue and Expenses - CUDO 2018
I. Revenue and Expenses
I1. Revenue for the Fiscal Year Ended April 30, 2017 ($ thousands)
| Source |
General Expendable Funds |
Restricted Expendable Funds
|
Total
Expendable Funds |
Endowment
|
||||||||
|
Operating
|
Ancillary
|
Sponsored Research
|
Trust
|
Capital
|
||||||||
|
Operating
|
Other
NC |
Subtotal
|
Entities
Consolidated |
Entities
Not Consolidated |
Subtotal
|
|||||||
| Government Grants and Contracts: | ||||||||||||
| a) | Ontario MTCU | |||||||||||
| (i) Basic Formula Grant |
$156,530
|
$0
|
$156,530
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$156,530
|
$0
|
|
| (ii) Non-Formula Grant |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
| (iii) Other MTCU Grants & Contracts |
$43,848
|
$0
|
$43,848
|
$0
|
$848
|
$0
|
$848
|
$2,144
|
$5,552
|
$52,392
|
$0
|
|
| b) | Other Ontario Government Grants & Contracts |
$5,536
|
$0
|
$5,536
|
$0
|
$57,981
|
$0
|
$57,981
|
$18,302
|
$3,090
|
$84,909
|
$0
|
| Total Ontario Grants and Contracts |
$205,914
|
$0
|
$205,914
|
$0
|
$58,829
|
$0
|
$58,829
|
$20,446
|
$8,642
|
$293,831
|
$0
|
|
| c) | Federal |
$0
|
$0
|
$0
|
$0
|
$47,359
|
$0
|
$47,359
|
$0
|
$7,501
|
$54,860
|
$0
|
| d) | Municipal |
$616
|
$0
|
$616
|
$0
|
$189
|
$0
|
$189
|
$0
|
$0
|
$805
|
$0
|
| e) | Other Provinces |
$0
|
$0
|
$0
|
$0
|
$45
|
$0
|
$45
|
$0
|
$0
|
$45
|
$0
|
| f) | Foreign |
$0
|
$0
|
$0
|
$0
|
$85
|
$0
|
$85
|
$0
|
$0
|
$85
|
$0
|
| Fees | ||||||||||||
| a) | Tuition Fees |
$202,156
|
$10,588
|
$212,744
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$212,744
|
$0
|
| b) | Miscellaneous Fees |
$20,828
|
$686
|
$21,514
|
$48,823
|
$0
|
$0
|
$0
|
$0
|
$2,694
|
$73,031
|
$0
|
| Borrowings |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$40,000
|
$40,000
|
$0
|
|
| Donations and Non-Govt Grants & Contracts |
$560
|
$0
|
$560
|
$0
|
$24,384
|
$0
|
$23,384
|
$12,818
|
$10,787
|
$48,549
|
$3,443
|
|
| Sales of Services and Products |
$0
|
$0
|
$0
|
$34,450
|
$0
|
$0
|
$0
|
$0
|
$0
|
$34,450
|
$0
|
|
| Investment Income | ||||||||||||
| a) | Endowment |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$15,360
|
$0
|
$15,360
|
$35,361
|
| b) | Other Investment Income |
$2,261
|
$0
|
$2,261
|
($203)
|
$166
|
$0
|
$166
|
$6,031
|
$2,184
|
$10,439
|
$0
|
| Miscellaneous |
$30,095
|
$1,957
|
$32,052
|
$5,690
|
$9,237
|
$0
|
$9,237
|
$16,193
|
$3,687
|
$66,859
|
$0
|
|
| Total |
$462,430
|
$13,231
|
$475,661
|
$88,760
|
$140,294
|
$0
|
$140,294
|
$70,848
|
$75,495
|
$851,058
|
$38,804
|
|
University of Guelph Financial Statements
Note: Miscellaneous Revenue includes the University of Guelph’s 50% share of the net operating results of the University of Guelph-Humber joint venture, accounted for using the equity method. Grant Revenue and Tuition Fees do not include any amounts pertaining to University of Guelph-Humber students.
Source: COU Financial Report of Ontario Universities, Table 2
I2. Expenses for the Fiscal Year Ended April 30, 2017 ($ thousands)
|
General Expendable Funds
|
Restricted Expendable Funds
|
Total
|
|||||||||
|
Type of Fund
|
Operating
|
Other Non Credit
|
Subtotal
|
Ancillary
|
Sponsored Research
|
|
|||||
| Object of Expense |
Entities Consolidated
|
Entities
Not Consolidated |
Subtotal
|
Trust
|
Capital
|
||||||
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
||
| Salaries and Wages | |||||||||||
| (i) | Academic Ranks |
$115,832
|
$286
|
$116,118
|
$0
|
$12,748
|
$0
|
$12,748
|
$2,608
|
$0
|
$131,474
|
| (ii) | Other Instruction & Research |
$13,855
|
$519
|
$14,374
|
$0
|
$20,369
|
$0
|
$20,369
|
$134
|
$0
|
$34,877
|
| (iii) | Other Salaries & Wages |
$107,647
|
$4,016
|
$111,663
|
$18,670
|
$44,235
|
$0
|
$44,235
|
$14,046
|
$0
|
$188,614
|
| Total Salaries and Wages |
$237,334
|
$4,821
|
$242,155
|
$18,670
|
$77,352
|
$0
|
$77,352
|
$16,788
|
$0
|
$354,965
|
|
| Employee Benefits |
$73,013
|
$1,196
|
$74,209
|
$3,762
|
$15,558
|
$0
|
$15,558
|
$4,566
|
$0
|
$98,095
|
|
| Total Salaries and Benefits |
$310,347
|
$6,017
|
$316,364
|
$22,432
|
$92,910
|
$0
|
$92,910
|
$21,354
|
$0
|
$453,060
|
|
| Library Acquisitions |
$8,217
|
$0
|
$8,217
|
$0
|
$1
|
$0
|
$1
|
$0
|
$0
|
$8,218
|
|
| Equipment and Furniture Purchases |
$14,387
|
$268
|
$14,655
|
$2,583
|
$6,743
|
$0
|
$6,743
|
$2,069
|
$4,006
|
$30,056
|
|
| Equipment Rental and Maintenance |
$6,141
|
$95
|
$6,236
|
$893
|
$1,644
|
$0
|
$1,644
|
$1,617
|
$0
|
$10,390
|
|
| Printing and Duplicating |
$1,486
|
$182
|
$1,668
|
$279
|
$690
|
$0
|
$690
|
$112
|
$0
|
$2,749
|
|
| Materials and Supplies |
$14,380
|
$382
|
$14,762
|
$2,499
|
$12,211
|
$0
|
$12,211
|
$3,903
|
$46
|
$33,421
|
|
| Communications |
$1,928
|
$99
|
$2,027
|
$0
|
$670
|
$0
|
$670
|
$573
|
$0
|
$3,270
|
|
| Professional Fees |
$5,871
|
$296
|
$6,167
|
$199
|
$1,880
|
$0
|
$1,880
|
$522
|
$0
|
$8,768
|
|
| Costs of Goods Sold |
$0
|
$0
|
$0
|
$13,008
|
$0
|
$0
|
$0
|
$0
|
$0
|
$13,008
|
|
| Travel |
$8,032
|
$794
|
$8,826
|
$142
|
$4,968
|
$0
|
$4,968
|
$291
|
$0
|
$14,227
|
|
| Utilities |
$9,272
|
$0
|
$9,272
|
$8,332
|
$4,630
|
$0
|
$4,630
|
$0
|
$0
|
$22,234
|
|
| Renovations and Alterations |
$908
|
$0
|
$908
|
$10,091
|
$0
|
$0
|
$0
|
$0
|
$3,388
|
$14,387
|
|
| Externally Contracted Services |
$12,291
|
$553
|
$12,844
|
$1,067
|
$5,415
|
$0
|
$5,415
|
$1,101
|
$0
|
$20,427
|
|
| Scholarships, Bursaries, etc. |
$27,184
|
$0
|
$27,184
|
$0
|
$4,465
|
$0
|
$4,465
|
$8,923
|
$0
|
$40,572
|
|
| Debt Repayments |
$0
|
$0
|
$0
|
$3,856
|
$0
|
$0
|
$0
|
$0
|
$6,670
|
$10,526
|
|
| Interest |
$0
|
$0
|
$0
|
$2,728
|
$0
|
$0
|
$0
|
$0
|
$8,979
|
$11,707
|
|
| Building, Land and Site Services |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$51,496
|
$51,496
|
|
| Other Operational Expenditures |
$9,988
|
$611
|
$10,599
|
$3,544
|
$4,867
|
$0
|
$4,867
|
$2,773
|
$27
|
$21,810
|
|
| Internal Cost Allocations |
($12,149)
|
$0
|
($12,149)
|
$5,248
|
$6,897
|
$0
|
$6,897
|
$4
|
$0
|
$0
|
|
| External Cost Recoveries |
($8,919)
|
($497)
|
($9,416)
|
$0
|
$0
|
$0
|
$0
|
($1,086)
|
$0
|
($10,502)
|
|
| TOTAL |
$409,364
|
$8,800
|
$418,164
|
$76,901
|
$147,991
|
$0
|
$147,991
|
$42,156
|
$74,612
|
$759,824
|
|
University of Guelph Financial Statements
Note: The University of Guelph accounted for its 50% share of the net operating results of the University of Guelph-Humber joint venture using the equity method. This table does not include expenses of the University of Guelph-Humber operations.
Source: COU. COFO-UO Financial Report