Annual results & sources of income
The University’s Operating Result, on a consolidated basis, as disclosed in the Annual Financial Statements, is a surplus of $300.3 million in 2019. This compares with the reported surplus of $225.6 million in 2018.
|
Consolidated |
University |
|||
|
2019 $’000’s |
2018 $’000’s |
2019 $’000’s |
2018 $’000’s |
|
|
Operating revenue |
1,526,630 |
1,375,064 |
1,496,914 |
1,339,424 |
|
Operating expenses |
1,226,318 |
1,149,421 |
1,194,575 |
1,112,463 |
|
Operating result – surplus/(deficit) |
300,312 |
225,643 |
302,339 |
226,961 |
|
Adjusted for – Philanthropic Funds (Donations & Bequests) |
(13,000) |
(25,273) |
(13,000) |
(25,273) |
|
Investment Funds1 |
(187,537) |
(29,878) |
(187,537) |
(29,878) |
|
Capital grants received2 |
(49,911) |
(69,200) |
(49,911) |
(69,200) |
|
Restricted specific purpose funds movement |
(5,532) |
6,799 |
(5,532) |
6,799 |
|
Other Items2 |
(666) |
(3,788) |
(666) |
(3,788) |
|
Underlying operating result – surplus/(deficit) |
43,666 |
104,303 |
45,693 |
105,621 |
|
2.86 per cent |
7.59 per cent |
3.05 per cent |
7.89 per cent |
|
1 A portion of the University’s investments, and corresponding investment income, relate to specific purpose funds and as such they are not available to fund day-to-day operations.
2 Recognises impact of one-off items of a non-operating nature.
The University’s consolidated Net Assets stand at a substantial $2.746 billion with Financial Assets totalling $2.102 billion. The University’s Total Income, on a consolidated basis, has increased to $1.527 billion from $1.375 billion in 2018. Figure 1 shows the distribution of, and changes to, source of the University’s income.
Figure 1. 2019 Sources of Income
Visit
https://www.transparency.gov.au/annual-reports/australian-national-university/reporting-year/2018-19-22