Annual Accounts 2010 - University of Abertay Dundee

University of Abertay DundeeAnnual report and financial statements31 July 2011Notes (continued)21 Lease obligations for the groupCommitments under non-cancellable operating leases expiring:2011 2010£000 £000Land and buildingsWithin one year - -Between two and five years - -Over five years - 190- 190There were no equipment non-cancellable operating leases.22 Capital commitments for the group2011 2010£000 £000Contracted but not provided for 102 4,97623 Reconciliation of consolidated surplus to net cash inflow from operating activities2011 2010£000 £000Surplus for the year 3,345 444Interest receivable (note 5) (30) (25)Interest payable (note 9) 109 115Income from current asset investments (199) (203)Depreciation charges 1,242 1,268Impairment charge 312 141Profit on disposal of current asset investments (479) (83)Appreciation of endowments 61 110Appreciation on disposals/revaluation of endowment asset investments (61) (110)Decrease in balances held by the University of endowment assetinvestments 50 24Increase in value of current asset investments (229) (133)Decrease/(Increase) in stock and work in progress 5 (11)Decrease in debtors 1,570 22(Decrease) / Increase in creditors (2,019) 698(Decrease) / Increase in provisions (54) 265Release of deferred grant (note 18) (586) (627)Loss on disposal of fixed assets 5 16Net cash inflow from operating activities 3,042 1,91133