C
ONSOLIDATED
STATEMENT OF OPERATIONS
(
FOR THE
YEAR ENDED
A
PRIL
30)
Revenues:
2013
2012
Tuition fees
Full time
$ 27,793,623
$ 25,877,352
Part time
3,615,014
3,445,194
Provincial grants
Unrestricted
63,359,097
62,387,590
Restricted
11,831,119
12,196,624
Federal grants
14,326,714
13,788,758
Sale of goods and services
5,125,087
4,580,097
Investment income
2,114,816
2,036,357
Donations
443,666
562,835
Amortization of deferred capital contributions 8,175,474
8,425,775
Ancillary services
7,487,630
7,739,071
Other revenues
4,693,049
4,887,304
$148,965,289
$145,926,957
Expenses:
2013
2012
Salaries and benefits
$ 96,791,553
$ 94,292,320
Travel expenses
2,862,811
2,662,220
Materials and supplies
4,490,703
4,284,955
Communications
715,671
768,203
Utilities
4,373,425
4,150,688
Insurance
439,218
429,976
Scholarships and bursaries
4,987,551
4,390,301
Contracted services
1,193,547
1,056,552
Professional fees
4,017,369
3,817,547
Publications and advertising
1,161,732
1,122,746
Cost of goods sold
1,861,338
2,087,962
Interest on long-term debt
615,931
600,030
Interest and bank fees
523,072
484,458
Equipment rental and maintenance
981,514
1,136,979
Library acquisitions
1,907,006
1,993,547
Furniture and equipment
1,037,021
931,962
Building and land improvements
1,229,198
1,415,341
Additional contributions to pension plans 11,625,623
5,996,720
Other expenses
2,094,388
2,248,013
Amortization
9,901,318
10,180,649
$152,809,989
$144,051,169
Excess of revenues over expenses
(expenses over revenues)
$ (3,844,700)
$ 1,875,788
This financial statement includes revenues and expenses from all funds
(General operating, Research, Special purpose and trust, Endowment and Capital)
for all three campuses of the Université de Moncton.
17
A
HALF
-
CENTURY
OF
SUCCESS
R
EVENUE
SOURCES
Provincial grants (50.5%)
Tuition fees (21.1%)
Federal grants (9.6%)
Amortization of deferred capital contributions (5.5%)
Ancillary services (5%)
Investments, donations and other (4.9%)
Sale of goods and services (3.4%)
