link buttonBalance Sheet | link buttonStatement of Operations

Year Ended April 30, 2008, with comparative figures for 2007 (in thousands of dollars)

 

REVENUE

Grants and contracts 

Student fees

Sales and services

Investment income

Donations, non‐endowment

Deferred contributions, net

Amortization of deferred capital contributions

Other revenue

 

 

EXPENDITURES

Salaries and benefits

Materials, supplies and services

Repairs and renovations

Cost of goods sold

Utilities 

Interest on long‐term debt

Scholarships and bursaries

Amortization of capital assets

 

Excess of revenue over expenditures (expenditures over revenue)

External endowment contributions

Change in accounting for financial instruments

Net changes in net assets

Net assets, beginning of year

Net assets, end of year

2008 ($)

 

130,018

92,554

24,843

7,773

3,849

(278)

5,566

13,075

277,400

 

 

182,049

30,274

15,554

9,711

8,011

7,241

16,186

17,663

286,689

(9,289)

3,482

(797)

(6,604)

113,715

107,111

2007 ($)

 

132,206

90,156

25,214

8,950

12,818

(460)

6,052

12,895

277,831

 

 

165,682

29,916

15,811

9,797

7,897

9,080

16,856

17,382

272,421

5,410

7,103

-

12,513

101,202

113,715