2009 financial information - Universities

Universities’ surpluses before abnormals decreased from $96.8 million in 2007 to $74.8 million in 2008, and increased to $98 million in 2009. From 2007 to 2009 universities’ government funding increased 12.6% (from $1.2 billion to $1.3 billion), non-government revenue 11.3% (from $1.5 billion to $1.7 billion), and universities’ net assets 8.3% (from $5.3 billion to $5.7 billion). The total number of EFTS delivered by the universities increased almost 8% (from 110,271 to 118,952) from 2007 to 2009.

Surpluses

  • Universities’ net surpluses (before unusual and non recurring items) decreased from $96.8 million in 2007 to $74.8 million in 2008, and increased to $98 million in 2009 (3.3% of total revenue).

Table One: Universities net surplus (before unusual and non recurring items)

University 2007 2008 2009
Auckland University of Technology $5.1m $5.1m $8.1m
Lincoln University ($1.4m) ($2.0m) ($4.7m)
Massey University $9.1m $5.3m $2.3m
University of Auckland $22.4m $24.7m $28.5m
University of Canterbury $12.8m $15.0m $9.1m
University of Otago $32.1m $18.5m $31.1m
University of Waikato $0.0m ($1.7m) $10.7m
Victoria University of Wellington $16.7m $9.9m $12.8m
Total $96.8m $74.8m $98.0m

Source: Surplus before Unusual and Non-recurring items as per financial monitoring templates supplied to TEC. The data is as per TEI financial monitoring templates provided to TEC in May 2010.
Notes: All numbers are in $ million and GST exclusive. The figures for individual TEIs may not sum to the sub-sector totals due to presentation rounding. Percentages were calculated prior to the presentation rounding of any values.

Student enrolments (by EFTS categories)

From 2007 to 2009 the total number of EFTS (including SAC delivered EFTS, international EFTS and others) delivered at universities increased from 127,999 in 2007 to 134,796 in 2009.

Table Two: Total number of EFTS 

University 2007 2008 2009
Auckland University of Technology 16,107 16,461 17,821
Lincoln University 2,690 2,592 2,668
Massey University 18,799 18,106 19,424
University of Auckland 30,232 30,171 31,688
University of Canterbury 14,646 14,777 15,624
University of Otago 18,288 18,330 19,179
University of Waikato 9,708 9,685 10,606
Victoria University of Wellington 17,530 17,030 17,785
Total 127,999 127,151 134,796

Source: SDR return provided by TEI to TEC. Extracted September 2010

  • SAC EFTS delivered (funded and non-funded), constituting about 86% of total EFTS, increased 7.9% (from 110,271 to 118,952) from 2007 to 2009.

Table Three: University SAC EFTS delivered (funded and non-funded) and SAC EFTS funded

University
2007
2008
2009
EFTS
delivered
EFTS
funded
EFTS
delivered
EFTS
funded
EFTS
delivered
EFTS
funded
Auckland University of Technology 12,944 12,944 13,625 13,266 14,832 14,350
Lincoln University 1,814 1,814 1,844 1,899 1,938 1,927
Massey University 16,113 16,113 16,001 16,073 17,378 16,391
University of Auckland 26,903 26,903 27,054 27,237 28,536 28,021
University of Canterbury 12,810 12,810 13,014 13,089 13,871 13,285
University of Otago 16,499 16,499 16,806 16,472 17,479 17,242
University of Waikato 7,704 7,704 7,859 7,953 8,700 8,191
Victoria University of Wellington 15,483 15,483 15,295 15,727 16,219 15,716
Total 110,271 110,271 111,498 111,717 118,952 115,124

Source: SDR return provided by TEI to TEC. Extracted September 2010

  • International EFTS, although decreased from 16,117 in 2007 to 14,252 in 2008, increased to 14,455 in 2009. Other EFTS, including ACE funded EFTS and ITO provision, decreased from 1,610 in 2007 to 1,388 in 2009.

Table Four: University International EFTS and other EFTS (e.g. ACE and ITO) 

University
2007
2008
2009
International
EFTS
Other
EFTS
International
EFTS
Other
EFTS
International
EFTS
Other
EFTS
Auckland University of Technology 2,798 364 2,579 257 2,755 235
Lincoln University 842 34 715 32 697 33
Massey University 2,650 36 2,085 19 2,019 27
University of Auckland 2,919 410 2,722 395 2,776 376
University of Canterbury 1,643 193 1,567 196 1,573 179
University of Otago 1,573 215 1,358 166 1,502 198
University of Waikato 1,752 252 1,613 213 1,668 238
Victoria University of Wellington 1,940 106 1,612 123 1,464 103
Total 16,117 1,610 14,252 1,402 14,455 1,388

Source: SDR return provided by TEI to TEC. Extracted September 2010

Government funding

Universities’ government funding increased 12.6% (from $1,152 million to $1,297 million) from 2007 to 2009. All universities’ achieved increases in government funding of more than 8% between 2007 to 2009.

Table Five: University government funding

University 2007 2008 2009
Auckland University of Technology $107m $117m $132m
Lincoln University $24m $26m $31m
Massey University $163m $176m $176m
University of Auckland $302m $320m $337m
University of Canterbury $128m $133m $140m
University of Otago $219m $234m $248m
University of Waikato $81m $87m $91m
Victoria University of Wellington $128m $136m $142m
Total $1,152m $1,229m $1,297m

Source: Revenue identified as TEI Government Funding as per TEI Financial monitoring returns submitted to TEC.
Notes: All numbers are in $ million and GST exclusive. The figures for individual TEIs may not sum to the sub-sector totals due to presentation rounding. Percentages were calculated prior to the presentation rounding of any values.

Non-government revenue

  • From 2007 to 2009 universities’ non-government revenue increased 11.3% (from $1,495 million to $1,663 million). In 2009, next to domestic fees ($524 million), a substantial amount of non-government funding was earned on research income ($476 million) and international student fees ($257 million).

Table Six: Breakdown of University non-government revenue by type of income

Revenue Type 2007 2008 2009
Domestic Fees $440m $469m $524m
International fees $267m $247m $257m
Research income* $309m $444m $476m
Other $479m $407m $407m

Total

$1,495m $1,566m $1,663m

Source: As per breakdown provided in TEI financial monitoring templates provided to TEC.
Notes: All numbers are in $ million and GST exclusive. The figures for individual TEIs may not sum to the sub-sector totals due to presentation rounding. Percentages were calculated prior to the presentation rounding of any values.
* Excludes PBRF and any other TEC funding recorded under Government research revenue in TEI financial monitoring returns.

Table Seven: University non-government revenue 

University 2007 2008 2009
Auckland University of Technology $115m $120m $129m
Lincoln University $59m $63m $58m
Massey University $216m $222m $229m
University of Auckland $439m $469m $506m
University of Canterbury $130m $139m $144m
University of Otago $272m $286m $310m
University of Waikato $103m $102m $116m
Victoria University of Wellington $161m $165m $171m
Total $1,495m $1,566m $1,663m

Source: Revenue identifies as non-government revenue in TEI financial monitoring templates provided to TEC.
Notes: All numbers are in $ million and GST exclusive. The figures for individual TEIs may not sum to the sub-sector totals due to presentation rounding. Percentages were calculated prior to the presentation rounding of any values.

Total revenue

  • Universities’ total revenue (including government funding and non-government revenue) increased 11.9% from $2,647 million in 2007 to $2,961 million in 2009.

Table Eight: University total revenue 

University 2007 2008 2009
Auckland University of Technology $222m $237m $261m
Lincoln University $83m $89m $89m
Massey University $379m $399m $406m
University of Auckland $741m $789m $843m
University of Canterbury $258m $272m $284m
University of Otago $491m $520m $557m
University of Waikato $184m $188m $207m
Victoria University of Wellington $289m $301m $313m
Total $2,647m $2,795m $2,961m

Source: Revenue identified as Total revenue as per TEI financial monitoring return submitted to TEC.
Notes: All numbers are in $ million and GST exclusive. The figures for individual TEIs may not sum to the sub-sector totals due to presentation rounding. Percentages were calculated prior to the presentation rounding of any values.

Net assets

  • Universities net assets increased 8.3% percent between 2007 and 2009 (from $5,297 million to $5.738 million).

Table Nine: University net assets 

University 2007 2008 2009
Auckland University of Technology $238m $330m $338m
Lincoln University $212m $209m $206m
Massey University $861m $923m $925m
University of Auckland $1,186m $1,299m $1,332m
University of Canterbury $672m $698m $709m
University of Otago $1,256m $1,280m $1,311m
University of Waikato $298m $296m $330m
Victoria University of Wellington $574m $588m $587m
Total $5,297m $5,623m $5,738m

Source: As per breakdown provided in TEI financial monitoring templates provided to TEC.
Notes: All numbers are in $ million and GST exclusive. The figures for individual TEIs may not sum to the sub-sector totals due to presentation rounding. Percentages were calculated prior to the presentation rounding of any values.

 

  • Last changed: 30 September 2010