Financial Statements | Annual Report and Accounts 2017–18
Statement of comprehensive income and expenditure Year ended 31 July 2018 Consolidated
College
Notes
Year ended 31 July 2018 £m
Year ended 31 July 2017 £m
Year ended 31 July 2018 £m
Year ended 31 July 2017 £m
1 2 3 4 5 6
295.9 150.5 364.2 150.9 7.8 63.7
265.1 143.1 361.3 151.7 7.9 62.1
295.9 150.5 364.2 142.2 7.9 66.3
265.1 143.1 361.0 143.8 8.1 62.1
1,033.0
991.2
1,027.0
983.2
498.3 357.6 67.8 20.4
481.2 343.8 65.3 18.7
491.5 347.7 66.3 20.5
473.4 337.7 64.1 18.7
944.1
909.0
926.0
893.9
88.9
82.2
101.0
89.3
(0.6) (6.0) 16.3 (18.6)
10.8 15.0 4.5 6.4
(0.6) (6.0) 71.3 -
10.8 15.0 12.1 -
Surplus before tax
80.0
118.9
165.7
127.2
Taxation
(0.3)
0.1
(0.3)
-
Surplus for the year
79.7
119.0
165.4
127.2
Total net comprehensive income for the year
79.7
119.0
165.4
127.2
Represented by: Endowment comprehensive income for the year Restricted comprehensive income for the year Unrestricted comprehensive income for the year
15.4 11.9 52.4
15.5 8.4 95.1
15.4 13.9 136.1
15.5 10.4 101.3
79.7
119.0
165.4
127.2
Income Tuition fees and education contracts Funding Council grants Research grants and contracts Other income Investment income Donations and endowments Total income Expenditure Staff costs Other operating expenses Depreciation Interest and other finance costs
7, 9 9 9, 10 8, 9
Total expenditure Surplus before other gains/(losses) and share of operating results of joint ventures and associates Gain/(loss) on disposal of non-current assets Gain/(loss) on investments Gain on disposal of interest in associates Share of operating surplus/(deficit) in associates
11 13 13
All items of income and expenditure relate to continuing activities. There are no additional items recognised in other comprehensive income.
50