ANNUAL REPORT 1988 (PART 2, - FINANCIAL STATEMENTS)
13. SEPARATE STATEMENTS FOR UNIVERSITY AUXILIARY ACTIVITIES OR ACCOUNTING ENTITIES
13.1 The accounts for the following University auxiliary activities or accounting entities are published separately in the University's Published Financial Statements and are not included in the Combined Statement:
Student Loan and Financial Assistance Funds
Statement No.
- University's Students' Loan Fund ) - Assistance to Students in Need Fund )
- Student Financial Aid Special Account ) 6 - CTEC Special Assistance for Students Fund )
- Government Administration Charge Loan Fund ) University Halls of Residence
- International House )
- Kendall Hall ) 7
- Medley Hall )
Melbourne University Union 8
Child Care Services 9
Sport & Physical Recreation Centre 10
Sports Union 11
Veterinary Clinic and Hospital 12
Strathfieldsaye Estate 13
Graduate School of Management
- Advanced Management Education 14
Graduate School of Management
- Residential House 15
Melbourne Theatre Company 16
Staff Superannuation (1986) Fund 17
Staff Housing Account 18
Melbourne University Press 19
10
13.2 On 3 January, 1989 the operations of the Melbourne University Union (Statement 8) were absorbed into an incorporated association . 'Melbourne University Student Union Incorporated'.
13.3 Because of the differing nature of each of these activities and the need for financial information to be related to the activity and the organisation concerned, classifications of income and expenditure vary considerably.
13.4 All auxiliary activities operate on the 'going concern' basis and the accounts are maintained on the accrual basis or a modified accrual basis. The published reports include a Balance Sheet; for those bodies providing services for a charge or fee, the majority of statements distinguish between recurrent and capital expenditure, and depreciation is charged.
13.5 Where relevant, further notes relating to an individual statement have been included under that statement.
DATA/FNSTS.88/kh
11
UNIVERSITY OF MELBOURNE 1. COMBINED STATEMENT - SUMMARY Summary of Income and Expenditure for all General Purposes for the Year Ended 31 December 1988 (With comparative adjusted amounts for 1987) Total 1987 Note Income Total 1988 States Grants Recurrent General (Tertiary Grants Special . Education Assistance) Equipment Grants Act Building Grants University Trust Funds
Other University Funds 194,188,605 Section A - Income 220,748,560 134,646,501 4,711,444 8,656,000 28,578,006 44,096,609 Section B - Income for New Buildings, Major Alterations to Existing Buildings, Purchase of Land and Loan 11,418,675 Repayments of Capital 15,629,117 8,285,790 364,807 6,978,520 1.8 Section C - Prior period adjustment 100,000 100,000 205,607,280 Total Income 236,477,677 134,646,501 4,171,444 8,656,000 8,205,790 28,942,813 51,175,129 Expenditure !95,730,162 Section A - Expenditure 201,854,62 134,385,084 4,601,700 7,083,717 8,985,424 46,798,696 Section B - New Buildings, Major Alterations to Existing Buildings, Purchases of Land and Loan 14,220,712 Repayments of Capital 16,546,28 8,413,751 920,635 7,211,894 Section C - Inter item Transfers 1,460,180 17,460,180) Total Expenditure and Inter item 199,950,874 Transfers 218,400,901 134,385,084 4,601,700 7,083,711 8,413,751 17,366,239 46,550,410 Excess of Income for the year over Expenditure and inter item Transfers 5,656,406 for the year 18,016,776 261,417 169,744 1,572,283 (127,9611 11,576,514 4,624,719 Section D Prior Year Expenditure Transfers 0 261,417 1,413,250 (1,924,667) 250,000 5,656,406 : Excess of Income over Expenditure 18,016,116 : 0 : 169,744 : 159,033 : (127,9611, 13,501,241 , 4,314,719 :
Note Section A - Income Income other than that specified for Research Commonwealth Government Grants State Government Grants Higher Education Admin Charges Income from Fee Paying Students Fees for Continuing Education Courses Donations and Grants (other than from the Australian and State Govts.1 Charges for Services Investment Income Amenities and Service Fees Other Income Specified Research Income Commonwealth Government Grants State Government Grants Donations and Grants (other than from the Australian and State Govts.) Charges for Services Investment Income Other Income Total of Section A Income
1.8 1.8
Total . 1987 1,333,846 6,214,803 7,492,487 3,505,086 1,692,621 19,540,763 947,304 5,528,233 3,878,624 2,498,187 592,613 194,188,605 3,870,000 578,081 4,612,388 2,328,206 11,418,675 205,607,280 134,165,703 2,201,769 3.914,350 120,592 561,624 0 2. COMBINED STATEMENT - INCOME Statement showing Income for all General Purposes for the year ended 31 December 1988 With comparative adjusted amounts for 1981) States Grants (Tertiary Education Assistance) Act Total 1988 General
Recurrent Grants Special Equipment Grants Building Grants University Trust Funds
Other University Funds 134,646,501 : 4,171,444
134,646,501 4,771,444 8,656,000 8,285,790
8,656,000
8,656,000 8,285,790 8,285,790 28,942,813 28,518,006 364,807
Section B - Income for New Buildings, Major Alterations to Existing Buildings, Purchase of Land and Loan Repayments of Capital Commonwealth Government Grants State Government Grants Investment Income Other Income Total of Section B Income 1.8 Section C - Prior period adjustment Total Income 141,036,175 2,613,301 4,342,934 1,506,518 921,817 2,389,802 6,856,605 19,964,217 3,956,934 2,475,041 20,539,627 676,183 5,386,661 4,445,092 2,770,411 866,642 220,148,560 8,285,190 5,639,999 1,103,328 15,629,117 100,000 236,477,611
713,194 2,608,301 419,670 1,506,518 921,811
1,425,591 6,856,605 1,785,123 16,712,527 674,912 5,329,381 4,312,621 9,400 760,877 44,096,609 5,513,511 1,465,003 6,918,520 100,000 51,115,129
130,723,231 3,923,264 5,000 964,205 19,964,211 3,956,934
689,918 1,211 57,280 72,465 2,761,011 105,765
944,344 3,827,100 126,482 238,325
3, COMBINED STATEMENT - EIPENDITORR Statement showing Expenditure for all General Purposes for the year ended 31 December 1988 (With comparative adjusted amounts for 1981)
Total 1987
46,867,685 17,602,866 11,701,145 76,118,696 4,952,618 5,963,243 1,080,789 228,409 711,317 19,181,072 13,334,274' 4,797,624 1,885,874 20,017,112 7,652,195 3,656,447 609,435 Note Section A - Expenditure Academic Activities Teaching and Research Salaries - Acadesic Staff General Staff Superannuation, Pensions, Payroll Charges Sub-total Departmental Maintenance (including Computing Services and Library Materials) Purchase of Equipment Outside Studies program and Conferences(other than sal comp.) New Appointment Expenses Other Expenditure Sub-Total for Teaching-and-Research leeearch Only Salaries - Academic Staff General Staff Superannuation, Pensions, Payroll Charges Sub-Total Departnental Maintenance (including Computing Services and Library Materials! Purchase of Equipment Outside Studies program and Conferences(other than sal comp,) Total 1988
19,598,909 18,130,473 15,653,094 83,390,476 5,375,409 1,303,239 1,236,661 293,962 916,403 98,516,156 15,238,338 4,918,335 2,395,711 22,552,444 7,846,152 3,825,961 750,396 States Grants Recurrent General 46,214,223 16,142,799 13,594,881 76,551,903 3,902,106 168,561 807,678 248,465 622,204 82,900,911 1,580,504 163,930 251,318 2,001,812 934,104 320,010 77,721 (Tertiary Education Grants : Special 80,273 33,080 14,902 128,255 22,342 31,402 1,680 60,763 244,442 1,113,223 460,268 110,635 1,744,126 1,215,930 415,927 98,588
Equipment Grants
30,328 5,516,418 5,546,146 123,395
Assistance) Act
Building Grants
University Trust Funds 514,216 4,032 1,367,214 1,885,522 83,660 40,604 5,190 7,531 12,149 2,035,363 207,614 26,562 234,176 159,121 31,210 6,118 Other University Funds $ 2,790,197 1,358,562 676,037 4,824,796 1,336,973 946,254 411,119 37,959 220,587 7,758,688 12,336,997 4,294,131 1,941,196 18,572,330 5,537,191 2,898,365 567,969
Total 1981 298,358 931,247 33,165,454 121,346,526 5,090,240 4,719,406 1,043,325 10,852,971 1,731,695 435,973 1.8 3,473,294 1.1 585,606 1.8 (178,3491
Note (3,619,0801 2,435,139 1,467,414 320,487
1.8
3. COMBINED STATEMENT - EYPENDITURE Statement showing Expenditure for all General Purposes for the year ended 31 December 1988 (With comparative adjusted amount' for 19871 Equipment ' Building Grants Grants $ $ 5,610,141 134,743 140,000 140,000 579,661 123,395
New Appointment Expenses (Including travel grants for visiting scholars) Other Expenditure Sub-Total for Research Only Total for Academic Activities Academic Services Central and Branch Libraries Salaries, Superannuation, Pensions, Payroll Charges Books, Periodicals, Binding Other Expenditure Sub-Total for Central and Branch Libraries University Computing Services Salaries, Superannuation, Pensions, Payroll Charges Maintenance Contracts Purchase of Equipment Other Expenses Transfer of Expenditure to Central Administration Other Recoveries from University Accounts Sub-Total for Computing Services Other Centralized Academic Services Salaries, Superannuation, Pensions, Payroll Charges Other Expenses Recurrent Grants Special 331,607 15,618 1,018,427 472,351 36,331,193 3,821,676 134,847,449 86,722,593 5,518,822 5,468,952 4,143,008 3,567,918 904,563 621,804 10,566,393 9,664,674 1,921,090 1,323,008 432,262 71,063 2,179,261 3,791 735,120 284,181 (189,0501 (189,0501 (4,129,7301 (221,0071 1,549,959 1,211,986 1,677,512 1,465,542 210,590 63,236
University Trust Funds 22,485 29,226 489,342 2,524,705 54,619 54,619 90,742 2,974
Other University Funds $ • 114,425 494,777 21,185,157 15,973,145 49,870 19,104 138,458 267,432 599,082 355,199 2,635,476 450,939 (3,908,7231 131,973 121,248 9,631
States Grant, (Tertiary Education Assistance) Act 441,367 130,301
Total 1988 General 3,711,723 3,956,165 185,079 22,073
3, COMBINED STATEMENT - EIPENDITURS Statement shoving Expenditure for all General Purposes for the year ended 31 Decesber 1908 IMith comparative adjusted amounts for 1987) Total 1907 1,717,911 15,016,021 3,183,130 10,855 69,154 3,441,135 1,322,991 219,127 1,307,107 12,601,815 406,461 1,211,943 (231,511) 14,992,613 557,810
Note Sub-Total for Other Centralized Academic Services Total for Academic Services Ancillary Student Service! Research Scholarships .Other Scholarships Prizes and Exhibitions Papua, Eros the Asenities and Services Fee Fund to the Sport and Physical Recreation Centre, Melbourne University Union and the Students' Representative Council Ancillary Student Services Section Salaries, Superannuation, Pensions, Payroll Charges Other Expenditure Total for Ancillary Student Services General University Services Adainiatration Salaries, Superannuation Payroll Charges Purchase of Computing Service Other Expenditure Mork Care Levy Recoveries - Occupational Bealth Safety Unit Sub-Total for Adisinistration Overheads Advertising
Total 1988 1,888,122 14,004,474 3,419,062 100,554 68,259 3,110,516 1,388,656 170,142 8,911,249 12,864,839 404,409 2,571,818 1257,2051 15,583,861 720,571
States Grants Recurrent General $ 1,528,778 11,471,438 1,694,331 3,060 5,834 1,191,118 81,503 2,981,852 10,393,463 382,032 1,478,654 1257,2051 11,996,944 490,410
(Tertiary Education Grants Special $ 2,841
Equipment Grants 134,743 854,411 532,405 532,405
Assistance) Act Building Grants
University Trust Fund! 93,116 141,335 561,560 94,194 61,042 3,770,576 32 1,372 4,496,376 91,575 57,885 149,460 20,726
Other Oniverlity Pude $ 130,885 530,290 1,163,165 1,700 1,383 191,506 74,267 1,433,021 2,379,801 22,377 501,614 2,105,052 206,591
3, COMBINED STATEMENT - EXPENDITURE Statement showing Expenditure for all General Purposes for the year ended 31 December 1988 With comparative adjusted amount, for 19871 States Grants (Tertiary Education Assistance) Act Total 1988
General
Recurrent Grants Special Equipment Grants Building Grant,
Oniversity
Trust Funds
Other University Fund, Postage and Telephones (including payments on PABI equip) Printing and Stationery Furniture Insurance Power, Lighting, Beating Other Expenditure Workcare Levy - Net credit on amounts charged to University accounts
Sub-Total for Overheads Buildings and Grounds (excluding New Building Projects, Major Alterations to existing Buildings and Purchase of Land)
Salaries, Superannuation, Pensions, Payroll Charges
Materials, Equipment, Contracts Water and General Rates (including Land Taxl Other Expenditure (including Payment, to Teaching Bospitals Recoveries from Oniversity Accounts Sub-Total for Buildings and Grounds Total for General Oniversity Service, Public Service,
Continuing Education Other Expenditure (including Public Lectures) 1,182,146 Total for Public Services 5,827,090 5,480,088 1,273,491 5,521,041 423,146 300,071 1,571,093 940,313 15,100,820 12,241,579 39,688,013 31,636,141 652,119 12,353 1,104,303 210,074 1,756,482 292,427 (246,522) (246,522) 9,003,332 1,398,218
2,308,864 1,673,507 615,162 644,490 416,116 255,622 571,625 547,612 2,927,980 2,824,027 1,689,536 1,209,072 645,535 602,884 42,651 559,165 26,760
39,407 307,595 433,123 1,291,683 11,672 111,397 16,190 18,530 S00,392 1,729,20S 841,226 6,005,346 10,921 551,905 168,122 726,107 119,043 1,285,012
191,374
86,001 6,340 56,305 11,
(733 10,33465) 1,371,089
548,062 (35,6681 65,616 12,280 104,018 470,130
1,294 38,513
Total Note 1987 2,115,743 664,063 315,840 603,723
2,703,07, 1,017,27, , (90,635 7,946,8" 1,918,230 6,413,12
1 276,184
2,302,43! 1124,800 13,815,764 36,755,335 392,303 719,841 26,760 884 602,000
3. COMBIMED STATEMENT - EXPENDITURE Statement shoeing Expenditure for all General Purposes for theyear ended December 1988 (With comparative adjusted amounts for 1987) co
Total 1987 995,131 45,701 5,868
149,414 666,213
2,063,027 185,730,162 13,711,391
71,315 51,600 122,962 257,444
11,220,712 199,950,874 199,950,874
tote Independent Operations Microbiological Diagnostic Onit Payments from the Staff Retirement Fund and the Disability Pension Fund
Transfer from the Staff Retirement Fund to the S.S.A.O. Contribution to Child Care Facilities Other Expenditure Total for Independent Operations Total of Section A Expenditure Section B - Be, Buildings, including Furniture and Site Works, Major Alter- ation. to Existing Buildings and Purch- ase of Land and Loan Repayments General University Buildings and Land Teaching Bospitals Sporting Facilities Independent Operations Loan Repaylenta Total of Section 8 Expenditure Total Expenditure of Current Year Section C- Inter Item Transfere Total Expenditure and Inter Item Transfers
Total 1988 1,069,921 716,703 209,585 644,745
2,640,954 201,854,621 16,100,366
45,443 156,141 (38,2401 282,570
16,546,280 218,400,901 218,400,901
State; Grant. Recurrent General 190,115 83,918 274,033 134,385,084 134,385,084 134,385,084
(Tertiary Grant. Special 4,601,700 4,601,700 4,601,700
Education Assittencel
Equipment Grants 7,083,717 7,083,717 7,083,717
Act
Building Grant. 1,251,912
33,133 59,146 61,760 8,413,751 8,413,751 8,413,751
Oniversity
Trutt Finds 716,703 19,470 59,566 195,739 8,985,424 871,506 49,129 920,635 9,906,059 7,460,180 17,366,239
Other Onivertity Fund, 1,069,921 501,261 1,511,182 41,798,696 6,969,948
12,210 96,295
(100,0001 233,441 7,211,894 54,010,590 (7,460,1801 46,550,410 1