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CONSOLIDATED STATEMENT OF PROFIT
OR LOSS AND OTHER COMPREHENSIVE INCOME
Year ended 31 March 2016
General Endowment Other
fund fund restricted fund Total
Note 2016 2015 2016 2015 2016 2015 2016 2015
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Group
Income
Tuition and other fees 282,547 276,782 - - 47,605 43,540 330,152 320,322
Rental income 787 763 - - 53,396 47,582 54,183 48,345
Research grants 19 337,094 296,943 - - - - 337,094 296,943
Interest income 23 4,564 3,981 29 5 1,111 735 5,704 4,721
Donations 526 385 - - 31,718 25,179 32,244 25,564
Other grants 3,777 2,688 - - 8,141 15,125 11,918 17,813
Sundry income 60,093 54,662 - - 14,592 15,763 74,685 70,425
Deferred capital
grants amortised
(non-ministry) 14 11,671 8,433 - - 12,010 11,270 23,681 19,703
Total income before
(loss)/profit on
investments and
share of joint
venture’s results 701,059 644,637 29 5 168,573 159,194 869,661 803,836
(Loss)/profit on
investments 24 (31,316) 38,638 (66,915) 108,076 (106) 107 (98,337) 146,821
Share of joint venture’s
results 7 (70) (111) - - - - (70) (111)
Total income after
(loss)/profit on
investments and
share of joint
venture’s results 669,673 683,164 (66,886) 108,081 168,467 159,301 771,254 950,546
Expenditure
Expenditure on
manpower 662,560 621,311 1,315 1,113 124,183 114,832 788,058 737,256
Teaching/research 155,565 137,777 - - 51,103 41,526 206,668 179,303
Administration 80,229 75,333 - - 54,364 53,127 134,593 128,460
Scholarship expenses 96,401 98,020 - - 65,810 65,111 162,211 163,131
Maintenance 58,561 64,091 - - 22,475 20,070 81,036 84,161
Library books and
periodicals 4,236 4,818 - - 55 - 4,291 4,818
Depreciation of property,
plant and equipment 3 137,795 123,494 - - 26,007 24,985 163,802 148,479
Amortisation of
intangible assets 4 271 - - - - - 271 -
Amortisation of
prepaid lease 5 1,538 1,465 - - - - 1,538 1,465
Amount carried forward 1,197,156 1,126,309 1,315 1,113 343,997 319,651 1,542,468 1,447,073
30 NTU ANNUAL REPORT 2016
