Appendix 2 to the University of Sydney's June 2017 submission to the Australian Senate's inquiry into higher education funding. Full submission at http://sydney.edu.au/about/government/submissions_2017.shtml#HESLA
9. 2016 $m 2015 $m
Operating revenue 2,167.40 2,030.40
Operating expenses 2,027.00 1,872.10
Operating margin 140.4 158.2
Deduct:
Philanthropic funds -93.3 -69.4
Investment funds -15.5 -38.1
Capital grants -5.8 -10.6
Specific purpose grants 10.3 34.1
Underlying operating result 10.5 6
Share of revenues 0.5% 0.3%
Source, Base Funding Review, Final Report (2011), p.4
FACT 8 – THE LONG TERM TREND IS TOWARDS STUDENTS PAYING MORE,
AND THE GOVERNMENT LESS
Funding per Commonwealth Supported Student (2010 Dollars)
10. 2016 $m 2015 $m
Operating revenue 2,167.40 2,030.40
Operating expenses 2,027.00 1,872.10
Operating margin 140.4 158.2
Deduct:
Philanthropic funds -93.3 -69.4
Investment funds -15.5 -38.1
Capital grants -5.8 -10.6
Specific purpose grants 10.3 34.1
Underlying operating result 10.5 6
Share of revenues 0.5% 0.3%
Source, University of Sydney Annual Reports 2015 and 2016
University of Sydney true operating results 2016 and 2015
:
FACT 9 – AUSTRALIAN UNIVERSITIES ARE NOT MAKING HUGE SURPLUSES
2016
$m
2015
$m
Operating revenue 2,167.4 2,030.4
Operating expenses 2,027 1,872.1
Operating margin 140.4 158.2
Deductions
Philanthropic funds -93.3 -69.4
Investment funds -15.5 -38.1
Capital grants -5.8 -10.6
Specific purpose grants 10.3 34.1
Underlying operating result 10.5 6
Share of revenues 0.5% 0.3%