6 year Total for all 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 % UK HEIs change Total Staff costs as a % 56.60% 56.20% 55.50% 55.20% 55.40% 54.90% 54.60% -3.66% of Total expenditure Total Capital £3.61 £3.73 £2.79 £3.11 £3.90 £4.28 £4.58 26.87% expenditure billion billion billion billion billion billion billion £26.80 £27.56 £27.92 £29.14 £30.74 £33.20 £34.74 Total Income 29.63% billion billion billion billion billion billion billion Surplus/Deficit £1.20 £1.11 £1.18 £1.58 £ 2.34 £0.82 billion £1.08 billion 185.37% for the Year billion billion billion billion billion £12.33 £14.64 £14.75 £17.90 £19.44 £21.24 £40.48 Total reserves 72.30% billion billion billion billion billion billion billion Income The most recent AUDE report university income grows by £2bn in one year, headlines “UK reaching a record the financial health of the sector. £30bn” highlighting Income from tuition fees is up by over 8% an extra £1.269 billion a year compared to 2014/15 Total income is up 3.6% compared to 2014/15 Staff costs and expenditure Staff costs as a % of expenditure is down to 54.6%, a further reduction from 54.9% in 2014/15 and a reduction of 3.6% since 2009. Capital expenditure is in excess of £4.58bn, a growth of 7.0% on last year External Examiners
Total for all UK HEIs 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 6 year % change Total Staff costs as a % of Total expenditure 56.60% 56.20% 55.50% 55.20% 55.40% 54.90% 54.60% -3.66% Total Capital expenditure £3.61 billion £3.73 billion £2.79 billion £3.11 billion £3.90 billion £4.28 billion £4.58 billion 26.87% Total Income £26.80 billion £27.56 billion £27.92 billion £29.14 billion £30.74 billion £33.20 billion £34.74 billion 29.63% Surplus/Deficit for the Year £0.82 billion £1.20 billion £1.11 billion £1.08 billion £1.18 billion £1.58 billion £ 2.34 billion 185.37% Total reserves £12.33 billion £14.64 billion £14.75 billion £17.90 billion £19.44 billion £21.24 billion £40.48 billion 72.30% Income The most recent AUDE report headlines “UK university income grows by £2bn in one year, reaching a record £30bn” highlighting the financial health of the sector. Income from tuition fees is up by over 8% an extra £1.269 billion a year compared to 2014/15 Total income is up 3.6% compared to 2014/15 Staff costs and expenditure Staff costs as a % of expenditure is down to 54.6%, a further reduction from 54.9% in 2014/15 and a reduction of 3.6% since 2009. Capital expenditure is in excess of £4.58bn, a growth of 7.0% on last year External Examiners
Higher-Education-PayClaim-2017-18-Final.docx