CUDO 2015: Section I - University Revenue and Expenses

I1 - Revenue for the Fiscal Year Ended April 30, 2014

(in $ thousands)

Revenue Type	Operating	Other (Non-Credit)	Subtotal	Ancillary	Entities Consolidated (Sponsored Research)	Entities Not Consolidated (Sponsored Research)	Subtotal (Sponsored Research)	Trust	Capital	Total Expendable Funds	Endowment
Government Grants and Contracts
a) Ontario MTCU
i) Basic Formula Grant	45,461	0	45,461	0	0	0	0	0	0	45,461	0
ii) Non-Formula Grant
iii) Other MTCU Grants and Contracts	17,883	0	17,883	0	159	0	159	824	557	19,423	0
b) Other Ontario Government Grants and Contracts	1,174	0	1,174	0	1,752	1,396	3,148	0	0	4,322	0
Total Ontario Grants and Contracts	64,518	0	64,518	0	1,911	1,396	3,307	824	557	69,206	0
c) Federal	0	73	73	0	9,532	1,503	11,035	110	0	11,218	0
d) Municipal	0	0	0	0	375	0	375	0	0	375	0
e) Other Provinces	0	0	0	0	(11)	0	(11)	0	0	(11)	0
f) Foreign	0	0	0	0	117	74	191	0	0	191	0
Fees
a) Tuition Fees	52,320	0	52,320	0	0	0	0	0	0	52,320	0
b) Miscellaneous Fees	3,682	(3)	3,679	0	0	0	0	0	0	3,679	0
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Donations and Non-Govt. Grants & Contracts	1,718	85	1,803	0	2,644	4,062	6,706	987	0	9,496	652
Sales of Services and Products	0	0	0	20,412	0	0	0	0	0	20,412	0
Investment Income
a) Endowment	0	0	0	0	0	0	0	7,729	0	7,729	3,068
b) Other Investment Income	147	0	147	6	131	0	131	102	2,345	2,731	0
Miscellaneous	3,678	0	3,678	0	592	0	592	61	0	4,331	0
TOTAL	126,063	512	126,575	20,418	15,291	7,035	22,326	9,813	2,902	182,034	3,720

For more information:
Lakehead University Financial Statements

Source: COU, COFO-UO Financial Report

I2 - Expenses for the Fiscal Year Ended April 30, 2014

(in $ thousands)

#	Expense Type	Operating	Other (Non-Credit)	Subtotal (Operating and Other)	Ancillary	Entities Consolidated (Sponsored Research)	Entities Not Consolidated (Sponsored Research)	Subtotal (Sponsored Research)	Trust	Capital	Total
1	Salaries and Wages
	i) Academic Ranks	44,482	14	44,496	0	887	0	887	0	0	45,383
	ii) Other Instruction and Research	7,058	100	7,158	0	5,104	3,573	8,677	0	0	15,835
	iii) Other Salaries & Wages	25,821	410	26,231	2,961	1,422	430	1,852	0	0	31,044
	Total Salaries and Wages	77,361	524	77,885	2,961	7,413	4,003	11,416	0	0	92,262
2	Employee Benefits	13,859	55	13,914	395	594	571	1,165	0	0	15,474
	Total Salaries and Benefits	91,220	579	91,799	3,356	8,007	4,574	12,581	0	0	107,736
3	Library Acquisitions	2,025	4	2,029	0	91	0	91	0	0	2,120
4	Equipment and Furniture Purchases	2,979	0	2,979	285	644	0	644	0	0	3,908
5	Equipment Rental and Maintenance	3,849	7	3,856	6	469	336	805	48	0	4,715
6	Printing and Duplicating	405	11	416	15	60	0	60	0	0	491
7	Materials and Supplies	2,788	140	2,928	323	2,089	967	3,056	14	0	6,321
8	Communications	573	6	579	200	39	44	83	0	0	862
9	Professional Fees	223	0	223	162	7	259	266	1	0	652
10	Costs of Goods Sold	0	0	0	8,298	0	0	0	0	0	8,298
11	Travel	1,867	60	1,927	138	1,229	217	1,446	54	0	3,565
12	Utilities	3,451	0	3,451	1,245	5	0	5	0	0	4,701
13	Renovations and Alterations	12	0	12	1,751	0	0	0	0	331	2,094
14	Externally Contracted Services	636	0	636	1,121	3	110	113	0	0	1,870
15	Scholarships, Bursaries, etc.	6,156	16	6,172	0	2,990	0	2,990	1,394	0	10,556
16	Debt Repayments	155	0	155	815	0	0	0	0	867	1,837
17	Interest	407	0	407	(647)	0	0	0	0	3,815	3,575
18	Building, Land and Site Services	1,845	0	1,845	0	0	450	450	0	0	2,295
19	Other Operational Expenditures	4,782	84	4,866	286	161	78	239	0	0	5,391
20	Internal Cost Allocations	185	0	185	(185)	0	0	0	0	0	0
21	External Cost Recoveries	(1,008)	(498)	(1,506)	0	(18)	0	(18)	0	0	(1,524)
	TOTAL	122,550	409	122,959	17,169	15,776	7,035	22,811	1,511	5,013	169,463

For more information:
Lakehead University Financial Statements

Source: COU, COFO-UO Financial Report

Visit the Council of Ontario Universities for similar information on other Ontario universities.

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CUDO 2015: Section I - University Revenue and Expenses

I1 - Revenue for the Fiscal Year Ended April 30, 2014

(in $ thousands)

I2 - Expenses for the Fiscal Year Ended April 30, 2014

(in $ thousands)