EXPENSES
2015
2014
(restated)
Salaries and benefits
$102,543,047
$101,124,314
Travel expenses
2,824,046
2,822,450
Materials and supplies
4,548,717
4,365,637
Communications
661,024
647,836
Utilities
5,671,311
4,865,042
Insurance
448,661
449,082
Scholarships and bursaries
5,757,348
5,065,399
Contracted services
875,764
1,058,321
Professional fees
2,962,683
3,502,102
Publications and advertising
1,082,409
1,059,614
Cost of goods sold
1,780,255
1,839,972
Interest on long-term debt
361,326
572,017
Interest and bank fees
81,322
110,217
Equipment rental and
maintenance
1,169,843
942,102
Library acquisitions
1,759,168
1,920,944
Furniture and equipment
929,406
1,296,553
Building and land
improvements
1,634,165
1,755,062
Additional contributions to
pension plans
1,027,739
3,648,443
Other expenses
2,886,709
2,512,057
Amortization
9,714,499
9,713,317
TOTAL EXPENSES
$148,719,442
$149,270,481
EXCESS OF REVENUE
OVER EXPENSES
$2,675,378
$967,262
Consolidated statement of operations
(For the year ended April 30, 2015)
REVENUE SOURCES :
50.9 % Provincial grants
20.5 % Tuition fees
9.1 % Federal grants
5.3 % Investment income, donations
and other revenue
5.2 % Ancillary services
5.0 % Amortization of deferred
contributions related to capital assets
4 % Sale of goods and services
REVENUE
2015
2014
(restated)
Tuition fees
Full-time
$
27,444,493
$28,264,630
Part-time
3,505,233
3,585,671
Provincial grants
Unrestricted
64,344,883
63,359,097
Restricted
12,662,094
12,737,787
Federal grants
13,811,939
13,585,826
Sale of goods and
services
6,100,168
5,585,009
Investment income
2,943,118
2,439,773
Donations
652,593
821,980
Amortization
of deferred
contributions
related to capital
assets
7,576,197
7,729,332
Ancillary services
7,871,343
7,643,961
Other revenue
4,482,759
4,484,677
TOTAL REVENUE
$151,394,820
$150,237,743
These financial statements include
revenue from all funds (research, trusts,
endowments and capital) for all three
campuses of the Université de Moncton.
ANNUAL REPORT
2014–2015
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