Page 104 - DUT Annual Report 2020

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DURBAN UNIVERSITY OF TECHNOLOGY ANNUAL REPORT 2020
2020
NOTE
COUNCIL SPECIFICALLY, FUNDED STUDENT AND STAFF CONTROLLED ACTIVITIES SUB- ACCOMMODA TION
DURBAN UNIVERSITY OF TECHNOLOGY
CONSOLIDATED INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020
RECURRENT ITEMS
RE VENUE
State appropriations - subsidies and grants 15. 1 Tuition fee and other income 15. 1 Income from contracts 15. 1
R'000 R'000
R'000 R'000
- For research
Sales of goods and services 15. 1 REVENUE SUB-TOTAL
Investment income 16. 1
1 192 489 - 935 828 1 128 - 39 649 - 39 649 6 838 - 2 135 155 40 777 149 888 575
1 192 489 - 936 956 544 459 39 649 - 39 649 - 6 838 1 629 2 175 932 546 088 150 463 21
1 192 489 1 481 415 39 649 39 649 8 467 2 722 020 150 484
1 102 895 1 318 971 60 132 60 132 13 590 2 495 588 197 865
EXPENDITURE
1 687 199 62 529
1 749 728 476 622
2 226 350
2 036 777
Personnel 17 - Academic professional
- Other personnel
1 114 360 10 858 617 548 9 351 496 812 1 507 494 028 26 125
1 125 218 10 435 626 899 - 498 319 10 435 520 153 459 329
1 135 653 626 899 508 754 979 482
1 030 380 575 670 454 710 908 150
Other current operating expenses 18 Depreciation and amortisation 2.3&19 EXPENDITURE SUB-TOTAL
Finance costs 20 Minor capital items expensed
51 613 25 546
77 159 195
77 354
67 394
Surplus - Recurrent items
1 911 - 25 287 - 597 844 (21 177)
1 911 6 663 25 287 - 576 667 69 487
8 574 25 287 646 154
9 086 21 767 656 676
NON-RECURRENT ITEMS
RE VENUE
State grants 15. 1 Private gifts and grants 15. 1 Income from contracts 15. 1 Investment income 16. 1 Other income 15. 2 EXPENDITURE
Personnel 17
32 930 101 847
134 777 -
134 777
169 672
- Academic professional
51 971 - 37 024 - 14 947 - 40 151 -
51 971 37 024 14 947 40 151
55 528 33 378 22 150 61 251
- Administration
Other current operating expenses 18 Loss on disposal of property, plant & equipment
Surplus – Non-Recurrent items
NET SURPLUS FOR THE YEAR - BEFORE TRANSFERS AND TAXATION
Amounts spent from prior year receipts: from funds
3 840 -
3 840
376
Less: Taxation 10&21
(160)
38 815 - 615 482 69 487 (2 701)) - (160) (12) 612 621 69 475
38 815 684 969 (2 701) (172) 682 096
52 517 709 193 (4 396) (353) 704 444
NET SURPLUS FOR THE YEAR - AFTER TRANSFERS AND TAXATION
618 690 (6 069)
Less: Income allocated to departments
(41 123) -
(41 123) -
(41 123)
(38 853)
NET SURPLUS/ ((DEFICIT) AFTER INCOME ALLOCATED TO DEPARTMENTS
577 567 (6 069)
571 498 69 475
640 973
665 591
UNRESTRICTED RESTRICTED TOTAL RESTRICTED
2020 R'000
2019 R'000
2 285 043 41 352
2 326 395 546 109
2 872 504
2 693 453
1
660 001 62 529
1
722 530 469 959
2
192 489
2
005 924
- 65 134 11 156 1 232 8 733 24 180
65 134 - 12 388 - 32 913 -
65 134 12 388 32 913
60 131 7 922 63 810
- 11 301 13 041 - 11 924 84 038 4 833 47 138 1 354 35 670 3 479 11 468 3 251 36 900 3 840 - 21 006 17 809 618 850 (3 368) - (2 701)
11 301 -
11 301
10 268
13 041 -
13 041
27 541
95 962 -
95 962
117 155