CUDO 2016: Section I - University Revenue and Expenses

I1 - Revenue for the Fiscal Year Ended April 30, 2015

(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	44,963	0	44,963	0	0	0	0	0	0	44,963	0
ii) Non-Formula Grant
iii) Other MTCU Grants and Contracts	18,459	125	18,584	0	265	0	265	456	331	19,636	0
b) Other Ontario Government Grants and Contracts	512	0	512	0	1,469	2,156	3,652	0	0	4,137	0
Total Ontario Grants and Contracts	63,934	125	64,059	0	1,734	2,156	3,890	456	331	68,736	0
c) Federal	0	96	96	0	8,568	0	8,568	124	0	8,788	0
d) Municipal	0	0	0	0	345	0	345	0	0	345	0
e) Other Provinces	0	0	0	0	0	0	0	0	0	0	0
f) Foreign	0	0	0	0	20	0	20	0	0	20	0
Fees
a) Tuition Fees	55,352	323	55,675	0	0	0	0	0	0	55,675	0
b) Miscellaneous Fees	3,373	(9)	3,364	0	0	0	0	0	0	3,364	0
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Donations and Non-Govt. Grants & Contracts	2,199	56	2,255	0	2,414	5,236	7,650	880	0	10,785	583
Sales of Services and Products	0	0	0	17,741	0	0	0	0	0	17,741	0
Investment Income
a) Endowment	0	0	0	0	0	0	0	5,749	0	5,749	659
b) Other Investment Income	789	0	789	6	202	0	202	55	383	1,445	0
Miscellaneous	1,431	0	1,431	0	758	0	758	54	0	2,243	0
TOTAL	127,078	591	127,669	17,757	14,041	7,392	21,433	7,318	714	174,891	1,242

For more information: Lakehead University Financial Statements

Source: COU, COFO-UO Financial Report

I2 - Expenses for the Fiscal Year Ended April 30, 2015

(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	45,951	4	45,955	0	832	0	832	0	0	46,787
	ii) Other Instruction and Research	7,082	121	7,203	0	4,855	4,057	8,912	0	0	16,115
	iii) Other Salaries & Wages	26,843	367	27,210	3,020	1,422	360	1,782	0	0	32,012
	Total Salaries and Wages	79,876	492	80,368	3,020	7,109	4,417	11,526	0	0	94,914
2	Employee Benefits	14,225	52	14,277	402	677	615	1,292	0	0	15,971
	Total Salaries and Benefits	94,101	544	94,645	3,422	7,786	5,032	12,818	0	0	110,885
3	Library Acquisitions	1,959	7	1,966	0	78	0	78	0	0	2,044
4	Equipment and Furniture Purchases	360	11	371	288	680	0	680	0	0	1,339
5	Equipment Rental and Maintenance	4,195	33	4,228	6	407	281	688	48	0	4,922
6	Printing and Duplicating	385	9	394	16	20	0	20	0	0	430
7	Materials and Supplies	3,282	130	3,412	289	2,038	754	2,792	25	0	6,518
8	Communications	503	9	512	209	38	34	72	0	0	793
9	Professional Fees	347	0	347	80	8	145	153	0	0	580
10	Costs of Goods Sold	0	0	0	6,491	0	0	0	0	0	6,491
11	Travel	2,013	119	2,132	58	1,084	192	1,276	71	0	3,537
12	Utilities	3,497	0	3,497	1,248	80	0	80	0	0	4,825
13	Renovations and Alterations	46	0	46	1,282	0	0	0	0	330	1,658
14	Externally Contracted Services	933	0	933	732	2	111	113	0	0	1,778
15	Scholarships, Bursaries, etc.	6,371	6	6,377	0	2,864	0	2,864	1,799	0	11,040
16	Debt Repayments	163	0	163	867	0	0	0	0	904	1,934
17	Interest	399	0	399	3,040	0	0	0	0	3,779	7,218
18	Building, Land and Site Services	0	0	0	0	0	460	460	0	0	460
19	Other Operational Expenditures	5,501	17	5,518	296	133	383	516	0	0	6,330
20	Internal Cost Allocations	179	0	179	(179)	0	0	0	0	0	0
21	External Cost Recoveries	(1,051)	(373)	(1,424)	0	(16)	0	(16)	0	0	(1,440)
	TOTAL	123,183	512	123,695	18,145	15,202	7,392	22,594	1,895	5,013	171,342

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 2016: Section I - University Revenue and Expenses

I1 - Revenue for the Fiscal Year Ended April 30, 2015

(in $ thousands)

I2 - Expenses for the Fiscal Year Ended April 30, 2015

(in $ thousands)