2016-2017 Annual Report
31
In short
Student population
Origin of students
Enrollments
New Brunswick
69.6 %
4.8 %
2.6 %
1.7 %
International
21.3 %
Other
Atlantic
provinces
Quebec
Other
Canadian
provinces
Consolidated Statement of Operations
Revenue
2017
2016
Tuition fees
Full-time
$25,692,646 $26,429,723
Part-time
3,270,814
3,353,706
Provincial grants
Unrestricted
64,344,883 64,344,883
Restricted
12,772,617
12,192,969
Federal grants
13,669,932
14,628,543
Services sold
7,781,303
6,578,387
Investment income
3,685,045
2,927,688
Donations
436,585
575,803
Amortization of deferred
contributions related to
capital assets
6 968 683
7 347 225
Ancillary services
8 601 112
8 363 463
Other revenues
4 797 364
4 386 749
Total revenue
$152,020,984 $151,129,139
Revenue sources
50.7 %
19.0 %
9.0 %
5.9 %
5.7 %
5.1 %
4.6%
Provincial grants
Tuition fees
Federal grants
Investment,
donations and other
Ancillary services
Services sold
Amortization of
deferred contributions
Expenses
2017
2016
Salaries and benefits
$102,061,150
$102,647,895
Travel expenses
2,577,037
2,527,095
Materials and supplies
4,474,632
4,523,037
Communications
552,427
544,394
Utilities
5,028,647
5,145,575
Insurance
379,801
420,864
Scholarships and bursaries
6,591,904
6,282,781
Contracted services
728,422
1,057,710
Professional fees
3,720,437
3,192,025
Publications and advertising
762,676
841,059
Cost of goods sold
1,774,884
1,661,756
Interest on long-term debt
258,996
348,642
Interest and bank fees
99,653
92,368
Equipment rental and maintenance
1,175,163
1,271,187
Library aquisitions
1,847,802
1,809,068
Furniture and equipment
815,159
940,855
Building and land improvement
1,856,975
2,235,286
Contributions to pension plans
1,604,340
658,740
Other expenses
2,866,638
2,623,725
Amortization of capital assets
8,948,763
9,238,897
Total expenses
$148,125,506 $148,062,959
Excess of revenue over expenses
$3,895,478
$3,066,180
733
part-time
4147
full-time
4880
total
(At December 1
st
2016)
