Year 2001 - University of Canberra

UNIVERSITY OF CANBERRA ANNUAL REPORT 2001
56
Notes to and forming part of the Financial Statements
for the year ended 31 December 2001 (continued)
NOTE 2: OPERATING RESULT FROM ORDINARY ACTIVITIES
CONSOLIDATED UNIVERSITY
2001 2000 2001 2000
Note $’000 $’000 $’000 $’000
REVENUES FROM ORDINARY ACTIVITIES
Teaching and Learning
Commonwealth Government Financial Assistance 2.1 35,252 34,962 35,252 34,962
State Government Financial Assistance 2.2 507 199 507 199
Higher Education Contribution Scheme 27.1
Student contributions 3,587 3,448 3,587 3,448
Commonwealth payments 20,009 19,626 20,009 19,626
Fees and charges 2.3 22,309 19,415 20,368 18,029
Royalties, Trademarks & Licenses 2.6 – 22 – 22
Consultancy and contract research
Research
2.7 2,902 1,849 2,902 1,849
Commonwealth Government Financial Assistance 2.1 1,000 989 1,000 989
Australian Research Council Financial Assistance 2.1 678 625 678 625
Other research financial assistance and contracts
Other
2.5 4,802 4,372 4,802 4,372
Commonwealth Government Financial Assistance 2.1 894 1,300 871 1,300
Investment income 2.4 1,042 1,201 1,037 1,190
Operating revenue 2.8 11,599 9,195 12,084 9,642
Total Revenues from Ordinary Activities 104,581 97,203 103,097 96,253
EXPENSES FROM ORDINARY ACTIVITIES
Employee expenses 2.9 65,965 61,891 64,779 61,115
Depreciation and amortisation 6 (f) 6,476 6,333 6,457 6,322
Buildings and grounds 2.10 1,755 1,522 1,755 1,521
Net losses from sale of assets 2.11 258 45 258 45
Bad and doubtful debts 2.12 258 166 256 176
Net losses on revaluation of assets 2.13 – 614 – 614
Remuneration of Auditors 14 148 156 134 146
Other 2.15 27,493 22,742 27,160 22,602
Total Expenses from Ordinary Activities 102,353 93,469 100,799 92,541
Operating Surplus from Ordinary Activities 2,228 3,734 2,298 3,712