Revenue and Expenses - CUDO 2019
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
|
$38,804
|
|
University of Guelph Financial Statements
Note: Miscellaneous Revenue includes the University of Guelph’s 50% share of the net operating results of the University of Guelph-Humber joint venture, accounted for using the equity method. Grant Revenue and Tuition Fees do not include any amounts pertaining to University of Guelph-Humber students.
Source: COU Financial Report of Ontario Universities, Table 2
I2. Expenses for the Fiscal Year Ended April 30, 2019 ($ 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 |
$129,005
|
$309
|
$129,314
|
$0
|
$13,819
|
$0
|
$13,819
|
$2,684
|
$0
|
$145,817
|
| (ii) | Other Instruction & Research |
$19,456
|
$584
|
$20,040
|
$0
|
$22,834
|
$0
|
$22,834
|
$36
|
$0
|
$42,910
|
| (iii) | Other Salaries & Wages |
$128,729
|
$4,390
|
$133,119
|
$21,337
|
$43,549
|
$0
|
$43,549
|
$13,982
|
$0
|
$211,987
|
| Total Salaries and Wages |
$277,190
|
$5,283
|
$282,473
|
$21,337
|
$80,202
|
$0
|
$80,202
|
$16,702
|
$0
|
$400,714
|
|
| Employee Benefits |
$94,881
|
$1,577
|
$96,458
|
$4,530
|
$18,526
|
$0
|
$18,526
|
$4,674
|
$0
|
$124,188
|
|
| Total Salaries and Benefits |
$372,071
|
$6,860
|
$378,931
|
$25,867
|
$98,728
|
$0
|
$98,728
|
$21,376
|
$0
|
$524,902
|
|
| Library Acquisitions |
$8,580
|
$0
|
$8,580
|
$0
|
$0
|
$0
|
$0
|
$86
|
$0
|
$8,666
|
|
| Equipment and Furniture Purchases |
$16,455
|
$379
|
$16,834
|
$1,840
|
$8,435
|
$0
|
$8,435
|
$3,483
|
$5,812
|
$36,404
|
|
| Equipment Rental and Maintenance |
$5,952
|
$20
|
$5,972
|
$918
|
$1,709
|
$0
|
$1,709
|
$1,937
|
$0
|
$10,536
|
|
| Printing and Duplicating |
$2,340
|
$180
|
$2,520
|
$289
|
$650
|
$0
|
$650
|
$59
|
$0
|
$3,518
|
|
| Materials and Supplies |
$15,061
|
$360
|
$15,421
|
$2,654
|
$15,206
|
$0
|
$15,206
|
$3,423
|
$43
|
$36,747
|
|
| Communications |
$1,923
|
$88
|
$2,011
|
$0
|
$429
|
$0
|
$429
|
$526
|
$0
|
$2,966
|
|
| Professional Fees |
$10,521
|
$412
|
$10,933
|
$320
|
$2,172
|
$0
|
$2,172
|
$311
|
$0
|
$13,736
|
|
| Costs of Goods Sold |
$0
|
$0
|
$0
|
$11,930
|
$0
|
$0
|
$0
|
$0
|
$0
|
$11,930
|
|
| Travel |
$10,879
|
$818
|
$11,697
|
$138
|
$4,353
|
$0
|
$4,353
|
$235
|
$0
|
$16,423
|
|
| Utilities |
$4,145
|
$0
|
$4,145
|
$8,475
|
$4,297
|
$0
|
$4,297
|
$5
|
$0
|
$16,922
|
|
| Renovations and Alterations |
$964
|
$0
|
$964
|
$4,697
|
$0
|
$0
|
$0
|
$0
|
$15,639
|
$21,300
|
|
| Externally Contracted Services |
$14,503
|
$517
|
$15,020
|
$869
|
$5,216
|
$0
|
$5,216
|
$1,061
|
$0
|
$22,166
|
|
| Scholarships, Bursaries, etc. |
$31,309
|
$0
|
$31,309
|
$0
|
$4,663
|
$0
|
$4,663
|
$9,454
|
$0
|
$45,426
|
|
| Debt Repayments |
$0
|
$0
|
$0
|
$5,008
|
$0
|
$0
|
$0
|
$0
|
$7,228
|
$12,236
|
|
| Interest |
$0
|
$0
|
$0
|
$2,269
|
$0
|
$0
|
$0
|
$0
|
$8,810
|
$11,079
|
|
| Building, Land and Site Services |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$61,329
|
$61,329
|
|
| Other Operational Expenditures |
$11,435
|
$932
|
$12,367
|
$1,984
|
$5,197
|
$0
|
$5,197
|
$3,071
|
$19
|
$22,602
|
|
| Internal Cost Allocations |
($12,940)
|
$0
|
($12,940)
|
$5,939
|
$7,001
|
$0
|
$7,001
|
$0
|
$0
|
$0
|
|
| External Cost Recoveries |
($11,055)
|
($619)
|
($11,674)
|
$0
|
$0
|
$0
|
$0
|
($1,223)
|
$0
|
($12,897)
|
|
| TOTAL |
$482,143
|
$9,947
|
$492,090
|
$73,161
|
$158,056
|
$0
|
$158,056
|
$43,804
|
$98,880
|
$865,991
|
|
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