Page 30 - Nanyang Technological University

CONSOLIDATED STATEMENT
OF COMPREHENSIVE INCOME

Year ended 31 March 2015

General Endowment Other

fund fund restricted fund Total

Note 2015 2014 2015 2014 2015 2014 2015 2014

$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000

Group

Income

Tuition and other fees 276,782 260,384 - - 43,540 36,892 320,322 297,276

Rental income 763 824 - - 47,582 40,109 48,345 40,933

Research grants 18 296,943 268,349 - - - - 296,943 268,349

Interest income 22 3,981 3,600 5 41 735 568 4,721 4,209

Donations 385 740 - - 25,179 22,401 25,564 23,141

Other grants 2,688 2,808 - - 15,125 7,016 17,813 9,824

Sundry income 54,662 53,887 - - 15,763 17,726 70,425 71,613

Deferred capital grants

amortised

(non-ministry) 13 8,433 6,773 - - 11,270 8,429 19,703 15,202

Total income before

profit on investments

and share of joint

venture’s results 644,637 597,365 5 41 159,194 133,141 803,836 730,547

Profit on investments 23 38,638 26,380 108,076 113,803 107 192 146,821 140,375

Share of joint venture’s

results 6 (111) (10) - - - - (111) (10)

Total income after profit

on investments and

share of joint

venture’s results 683,164 623,735 108,081 113,844 159,301 133,333 950,546 870,912

Expenditure

Expenditure on

manpower 621,311 599,168 1,113 1,028 114,832 106,884 737,256 707,080

Teaching/research 137,777 121,852 - - 41,526 40,589 179,303 162,441

Administration 75,333 75,741 - - 53,127 45,949 128,460 121,690

Scholarship expenses 98,020 91,337 - - 65,111 64,691 163,131 156,028

Maintenance 64,091 68,952 - - 20,070 16,832 84,161 85,784

Library books and

periodicals 4,818 4,532 - - - - 4,818 4,532

Depreciation of property,

plant and equipment 3 123,494 159,937 - - 24,985 21,934 148,479 181,871

Amortisation of prepaid

lease 4 1,465 816 - - - - 1,465 816

Balance carried forward 1,126,309 1,122,335 1,113 1,028 319,651 296,879 1,447,073 1,420,242

28 NTU ANNUAL REPORT 2015