CONSOLIDATED STATEMENT OF
OPERATIONS
For the year ended April 30
REVENUE SOURCES
Provincial grants
(50.7 %)
Tuition fees
(21.2 %)
Federal grants
(9 %)
Amortization of deferred
capital contributions
(5.2 %)
Ancillary services
(5.1 %)
Investment, donations and other (5.1 %)
Sale of goods and services (3.7 %)
REVENUES:
2014
2013
Tuition fees
Full Time
$28,264,630
$27,793,623
Part Time
3,585,671
3,615,014
Provincial grants
Unrestricted
63,359,097
63,359,097
Restricted
12,737,787
11,831,119
Federal grants
13,585,826
14,326,714
Sales of goods and services
5,585,009
5,125,087
Investment income
2,369,536
2,114,816
Donations
821,980
443,666
Amortization of deferred capital
contributions
7,729,332
8,175,474
Ancillary services
7,643 961
7,487,630
Other revenues
4,484,677
4,693,049
Total revenuEs
$150,167,506
$148,965,289
expenses:
2014
2013
Salaries and benefits
$101,124,314
$97,314,872
Travel expenses
2,822,450
2,862,811
Materials and supplies
4,365,637
4,490,703
Communications
647,836
715,671
Utilities
4,865,042
4,373,425
Insurance
449,082
439,218
Scholarships and bursaries
5,065,399
4,987,551
Contracted services
1,058,321
1,193,547
Professional fees
3,491,865
3,494,050
Publications and advertising
1,059,614
1,161,732
Cost of goods sold
1,839,972
1,861,338
Interest on long-term debt
572,017
615,931
Interest and bank fees
110,217
523,072
Equipment rental and maintenance
942,102
981,514
Library aquisitions
1,863,087
1,907,006
Furniture and equipment
1,296,553
1,037,021
Building and land improvements
1,755,062
1,229,198
Additional contributions to pension
plans
14,331,408
11,625,623
Other expenses
2,452,057
2,094,388
Amortization
9,713,317
9,901,318
Total expenses
$159,825,352
$152,809,989
Excess of expenses over
revenues
($9,657,846)
($3,844,700)
These financial statements include revenue from all funds
(research, trusts, endowments and capital) for all three
campuses of the Université de Moncton.
