Tuesday, 2 July 2013

Questions (326)

Damien English

Question:

326. Deputy Damien English asked the Minister for Education and Skills if he will provide an overview of the headline financial situation in terms of revenue, deficit and debt in Trinity College Dublin, University College Dublin, University College Cork, NUI Galway, NUI Maynooth, Dublin City University and the University of Limerick; and if he will make a statement on the matter. [31778/13]

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Written answers (Question to Education)

Details of the headline financial situation in respect of the seven Universities are set out in the following document. These details are based on 2011/12 funding statements of the Universities.

PQ - Revenues, Deficits & Debt

2011/12 Funding Statements

-

-

UCD

TCD

UCC

NUIG

NUIM

UL

DCU

Total

-

-

€'m

€'m

€'m

€'m

€'m

€'m

€'m

€'m

Please indicate if 2011/12 Funding Statements are draft or audited

Draft

Audited

Draft

Audited

Audited

-

-

-

Total Revenue

338.5

265.9

273.8

221.3

96.8

156.0

132.8

1,485.1

Surplus / (Deficit) for year

3.3

0.1

0.5

0.7

0.3

0.3

0.0

5.2

Accumulated Revenue Reserves

(3.2)

0.4

0.0

8.5

0.5

(1.5)

0.3

5.1

Debt > 1 year *

94.1

133.9

55.0

-

-

10.5

1.0

294.5

* Debt is defined as bank loans and borrowings due in greater than 1 year as reported in the funding statements.