annual report/2006 - University of Melbourne

Notes to and forming part of the Financial Statements
Less Expenses from Continuing Operations
UNIVERSITY
GENERAL
TRUST
FUNDS
AUXILIARY
OPERATIONS
UNIVERSITY
TOTAL
$’000 $’000 $’000 $’000
Employee Benefits and On Costs 550,285 3,000 20,778 574,063
Depreciation and Amortisation 66,418 1 2,207 68,628
Repairs and Maintenance 39,715 754 969 41,437
Finance Costs 10,767 - 335 10,767
Bad and Doubtful Debts 446 - 70 517
Accounting and Auditing Services 387 - 242 390
Other Expenses
Scholarships 45,622 3,615 273 49,511
Equipment Purchases (items not capitalised) 13,079 149 754 13,982
Consumable Materials 35,135 64 1,641 36,840
Travel, Staff Development and Training 32,565 190 1,035 33,789
Library Materials 6,297 580 36 6,914
Grants 93,902 1,222 21 93,674
Rent and Leasing Payments 6,183 - 2,626 8,765
Utilities and Services 25,175 15 1,188 26,378
Contracted and Professional Services 64,790 374 1,004 62,873
Printing, Publications and Stationary 7,999 685 588 9,273
Insurance 5,019 - 14 5,032
Net Loss on Disposal of Property, Plant and Equipment 1,800 - - 1,718
Other Expenses 35,234 3,071 14,910 48,822
Course Fees Paid 4,751 354 - 5,103
Impairment Losses 7,970 - - 7,970
Superannuation - Deferred Employee Benefits (4,667) - - (4,667)
Total Expenditure from Continuing Operations 1,048,872 14,074 48,691 1,101,779
Operating Result from Continuing Operations
before Related Income Tax Expense 67,702 15,513 933 84,431
Income Tax Expense/(Benefit) - - - -
Net Operating Result for the Year 67,702 15,513 933 84,431
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The University of Melbourne Annual Report 2006