Revenue - CUDO 2017
I. Revenue and Expenses
I1. Revenue for the Fiscal Year Ended April 30, 2016 ($ 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 |
$143,790
|
$0
|
$143,790
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$143,790
|
$0
|
|
| (ii) Non-Formula Grant |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
| (iii) Other MTCU Grants & Contracts |
$35,219
|
$1,120
|
$36,339
|
$0
|
$890
|
$0
|
$890
|
$2,196
|
$4,006
|
$43,431
|
$0
|
|
| b) | Other Ontario Government Grants & Contracts |
$5,823
|
$0
|
$5,823
|
$0
|
$57,739
|
$0
|
$57,739
|
$20,687
|
$9,870
|
$94,119
|
$0
|
| Total Ontario Grants and Contracts |
$184,832
|
$1,120
|
$185,952
|
$0
|
$58,629
|
$0
|
$58,629
|
$22,883
|
$13,876
|
$281,340
|
$0
|
|
| c) | Federal |
$0
|
$0
|
$0
|
$0
|
$47,725
|
$0
|
$47,725
|
$0
|
$0
|
$47,725
|
$0
|
| d) | Municipal |
$554
|
$0
|
$554
|
$0
|
$200
|
$0
|
$200
|
$0
|
$0
|
$754
|
$0
|
| e) | Other Provinces |
$0
|
$0
|
$0
|
$0
|
$4
|
$0
|
$4
|
$0
|
$0
|
$4
|
$0
|
| f) | Foreign |
$0
|
$0
|
$0
|
$0
|
$254
|
$0
|
$254
|
$0
|
$0
|
$254
|
$0
|
| Fees | ||||||||||||
| a) | Tuition Fees |
$174,031
|
$9,100
|
$183,131
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$183,131
|
$0
|
| b) | Miscellaneous Fees |
$21,054
|
$902
|
$21,956
|
$45,786
|
$0
|
$0
|
$0
|
$0
|
$2,537
|
$70,279
|
$0
|
| Borrowings |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
| Donations and Non-Govt Grants & Contracts |
$806
|
$0
|
$806
|
$0
|
$31,541
|
$0
|
$31,541
|
$13,179
|
$4,690
|
$50,216
|
$5,241
|
|
| Sales of Services and Products |
$0
|
$0
|
$0
|
$30,693
|
$0
|
$0
|
$0
|
$0
|
$0
|
$30,693
|
$0
|
|
| Investment Income | ||||||||||||
| a) | Endowment |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$11,665
|
$0
|
$11,665
|
($23,581)
|
| b) | Other Investment Income |
$1,865
|
$0
|
$1,865
|
($253)
|
$180
|
$0
|
$180
|
$1,413
|
$207
|
$3,412
|
$0
|
| Miscellaneous |
$36,358
|
$1,714
|
$38,072
|
$6,994
|
$10,378
|
$0
|
$10,378
|
$14,676
|
$5,621
|
$75,741
|
$0
|
|
| Total |
$419,500
|
$12,836
|
$432,336
|
$83,220
|
$148,911
|
$0
|
$148,911
|
$63,816
|
$26,931
|
$755,214
|
($18,340)
|
|
University of Guelph Financial Statements
Note: Miscellaneous Revenue includes the University of Guelph’s 50% share of the net operating results of the University of Guelph-Humber joint venture, accounted for using the equity method. Grant Revenue and Tuition Fees do not include any amounts pertaining to University of Guelph-Humber students.
Source: COU Financial Report of Ontario Universities, Table 2
I2. Expenses for the Fiscal Year Ended April 30, 2016 ($ 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 |
$105,365
|
$618
|
$105,983
|
$0
|
$13,126
|
$0
|
$13,126
|
$2,260
|
$0
|
$121,369
|
| (ii) | Other Instruction & Research |
$12,637
|
$549
|
$13,186
|
$0
|
$19,157
|
$0
|
$19,157
|
$105
|
$0
|
$32,448
|
| (iii) | Other Salaries & Wages |
$96,257
|
$4,076
|
$100,333
|
$17,898
|
$46,409
|
$0
|
$46,409
|
$14,096
|
$0
|
$178,736
|
| Total Salaries and Wages |
$214,259
|
$5,243
|
$219,502
|
$17,898
|
$78,692
|
$0
|
$78,692
|
$16,461
|
$0
|
$332,553
|
|
| Employee Benefits |
$67,222
|
$1,338
|
$68,560
|
$3,800
|
$16,119
|
$0
|
$16,119
|
$4,564
|
$0
|
$93,043
|
|
| Total Salaries and Benefits |
$281,481
|
$6,581
|
$288,062
|
$21,698
|
$94,811
|
$0
|
$94,811
|
$21,025
|
$0
|
$425,596
|
|
| Library Acquisitions |
$7,282
|
$2
|
$7,284
|
$0
|
$0
|
$0
|
$0
|
$27
|
$0
|
$7,311
|
|
| Equipment and Furniture Purchases |
$9,370
|
$223
|
$9,593
|
$3,604
|
$7,575
|
$0
|
$7,575
|
$3,368
|
$907
|
$25,047
|
|
| Equipment Rental and Maintenance |
$5,317
|
$81
|
$5,398
|
$843
|
$2,078
|
$0
|
$2,078
|
$1,503
|
$0
|
$9,822
|
|
| Printing and Duplicating |
$1,399
|
$214
|
$1,613
|
$248
|
$609
|
$0
|
$609
|
$134
|
$0
|
$2,604
|
|
| Materials and Supplies |
$13,082
|
$486
|
$13,568
|
$2,219
|
$13,572
|
$0
|
$13,572
|
$3,735
|
$77
|
$33,171
|
|
| Communications |
$2,178
|
$127
|
$2,305
|
$0
|
$837
|
$0
|
$837
|
$536
|
$0
|
$3,678
|
|
| Professional Fees |
$4,389
|
$265
|
$4,654
|
$411
|
$1,778
|
$0
|
$1,778
|
$502
|
$0
|
$7,345
|
|
| Costs of Goods Sold |
$0
|
$0
|
$0
|
$11,960
|
$0
|
$0
|
$0
|
$0
|
$0
|
$11,960
|
|
| Travel |
$6,758
|
$569
|
$7,327
|
$189
|
$5,075
|
$0
|
$5,075
|
$451
|
$0
|
$13,042
|
|
| Utilities |
$11,260
|
$0
|
$11,260
|
$8,312
|
$4,258
|
$0
|
$4,258
|
$0
|
$0
|
$23,830
|
|
| Renovations and Alterations |
$0
|
$0
|
$0
|
$8,460
|
$0
|
$0
|
$0
|
$0
|
$5,556
|
$14,016
|
|
| Externally Contracted Services |
$8,114
|
$612
|
$8,726
|
$1,335
|
$5,214
|
$0
|
$5,214
|
$1,526
|
$0
|
$16,801
|
|
| Scholarships, Bursaries, etc. |
$21,780
|
$0
|
$21,780
|
$0
|
$4,205
|
$0
|
$4,205
|
$8,698
|
$0
|
$34,683
|
|
| Debt Repayments |
$0
|
$0
|
$0
|
$7,033
|
$0
|
$0
|
$0
|
$0
|
$5,946
|
$12,979
|
|
| Interest |
$0
|
$0
|
$0
|
$2,950
|
$0
|
$0
|
$0
|
$0
|
$8,668
|
$11,618
|
|
| Building, Land and Site Services |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$55,838
|
$55,838
|
|
| Other Operational Expenditures |
$9,736
|
$517
|
$10,253
|
$1,954
|
$3,793
|
$0
|
$3,793
|
$1,859
|
$24
|
$17,883
|
|
| Internal Cost Allocations |
($12,063)
|
$0
|
($12,063)
|
$5,085
|
$6,977
|
$0
|
$6,977
|
$1
|
$0
|
$0
|
|
| External Cost Recoveries |
($7,763)
|
($392)
|
($8,155)
|
$0
|
$0
|
$0
|
$0
|
($804)
|
$0
|
($8,959)
|
|
| TOTAL |
$362,320
|
$9,285
|
$371,605
|
$76,301
|
$150,782
|
$0
|
$150,782
|
$42,561
|
$77,016
|
$718,265
|
|
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