The information on this page represents a short summary of the operations of Memorial University during 2000-2001. For more data, please consult the university's complete audited financial statements.
| STATEMENT 1 |
| Consolidated statement of financial position (see note below) |
Year ended March 31, 2001, with comparative figures for 2000
(Thousands of dollars) |
| |
|
2001 |
|
2000 |
Assets
Current assets: |
| Cash and cash equivalents |
$ |
12,103 |
$ |
18,473 |
| Short-term investments |
|
22,329 |
|
16,546 |
| Accounts receivable |
|
23,927 |
|
20,479 |
| Inventory and prepaids |
|
5,599 |
|
4,074 |
| Accrued interest receivable |
|
2,307 |
|
1,502 |
| |
|
66,265 |
|
61,038 |
| Mortgage receivable |
|
772 |
|
832 |
| Investments |
|
37,854 |
|
38,880 |
| Capital assets |
|
135,309 |
|
120,473 |
| |
$ |
240,200 |
$ |
221,223 |
| Liabilities, Deferred Contributions and Net Assets |
| Current liabilities: |
| Accounts payable and accrued liabilities |
$ |
26,292 |
$ |
17,336 |
| Long term liabilities: |
| Employee benefits obligations |
|
40,484 |
|
7,360 |
| Other |
|
1,244 |
|
1,644 |
| |
|
41,728 |
|
9,004 |
| Deferred contributions |
|
163,427 |
|
152,430 |
| Net assets: |
| Net assets invested in capital assets |
|
684 |
|
180 |
| Net assets restricted for endowment purposes |
|
42,388 |
|
38,011 |
| Unrestricted net assets |
|
(34,319) |
|
4,262 |
| |
|
8,753 |
|
42,453 |
| |
$ |
240,200 |
$ |
221,223 |
|
|
| STATEMENT 2 |
| Consolidated statement of operations (see note below) |
Year ended March 31, 2001, with comparative figures for 2000
(Thousands of dollars) |
| |
|
2001 |
|
2000 |
| REVENUE: |
| Government grants |
$ |
150,038 |
$ |
140,397 |
| Student fees |
|
49,954 |
|
50,358 |
| Sales and services |
|
12,246 |
|
11,256 |
| Amortization of deferred capital contributions |
|
16,889 |
|
15,245 |
| Investment income |
|
5,914 |
|
4,649 |
| Other income |
|
16,687 |
|
15,438 |
| |
|
251,728 |
|
237,343 |
| EXPENDITURES: |
| Salaries and employee benefits |
|
164,070 |
|
157,631 |
| Travel and hosting |
|
9,669 |
|
9,152 |
| Materials and supplies |
|
23,318 |
|
22,359 |
| Renovations |
|
4,897 |
|
5,217 |
| Books |
|
466 |
|
412 |
| Scholarships and bursaries |
|
12,342 |
|
12,939 |
| Amortization |
|
16,754 |
|
14,923 |
| Utilities |
|
14,226 |
|
12,466 |
| Equipment rentals |
|
2,460 |
|
2,473 |
| Externally contracted services |
|
9,828 |
|
8,932 |
| Professional fees |
|
4,589 |
|
5,111 |
| Other |
|
1,830 |
|
2,100 |
| External cost recoveries |
|
(14,313) |
|
(16,393) |
| |
|
250,136 |
|
237,322 |
| Excess (deficiency) of revenue over expenditures for the year |
$ |
1,592 |
$ |
21 |
| Vacation pay expense |
|
471 |
|
2,059 |
| Employee future benefits obligations |
|
2,059 |
|
(16,393) |
| |
|
(938) |
|
21 |
|
|
| Operating Revenue |
Operating Expenditures |
Click for chart |
Click for chart |
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© Copyright 2002 Memorial University of Newfoundland
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