Income and expenditure 2010-11

Income £000
Funding body grants 154,187
Tuition fees and education contracts 94,088
Research grants and contracts 128,047
Other income 67,149
Endowment and investment income 6,724
Total income 450,195
 
Expenditure
Staff costs 252,987
Other operating expenses 166,546
Depreciation 19,172
Interest and other finance costs 1,054
Total expenditure 439,759
 
Surplus on continuing operations after depreciation of assets at valuation and disposal of fixed assets 11,236
Surplus for the year transferred to accumulated income in endowment funds 1,425
Surplus for the year retained within general reserves 9,811
   
Consolidated statement of historical cost surpluses  
Surplus for the year retained within general reserves 9,811
Difference between historical cost depreciation and the actual charge for the period calculated on the revalued amount 3,909
Historical cost surplus for the year 13,720

All items of income and expenditure arise from continuiung operations.

Full financial statements for the period can be viewed at: Financial Statements