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Third Level Education

Dáil Éireann Debate, Tuesday - 23 April 2024

Tuesday, 23 April 2024

Questions (708)

Mairéad Farrell

Question:

708. Deputy Mairéad Farrell asked the Minister for Further and Higher Education, Research, Innovation and Science if he will provide a list of all universities identifying whether each has run a surplus or deficit for the financial year 2023, the value of this surplus or deficit and the change from the financial year 2022, in tabular form; and if he will make a statement on the matter. [17676/24]

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Written answers

The audited financial statements for 2022/2023 for the majority of universities are not yet available. Information is provided in the table below of the surplus/deficit for universities for the financial year 2021/2022 and if available for the financial year 2022/2023. It is noted that the traditional universities have a year end of 30 September and the technological universities have a year end of 31 August.

South East Technological University was established on 1 May 2022 and Atlantic Technological University was established on 1 April 2022. The first set of financial statements for these technological universities will be from the date of establishment to 31 August 2023.

Surplus/(Deficit) in Universities as published in the Audited Financial Statements

University

Y/E 30/9/2023 (university)

Y/E 31/8/2023 (technological university)

Y/E 30/9/2022 (university)

Y/E 31/8/2022 (technological university)

€’000

€’000

Dublin City University

10,546

University College Dublin

15,916

University College Cork

734

Maynooth University

10,550

14,227

Trinity College Dublin

3,877

(205)

University of Limerick

10,793

University Galway

3,922

3,392

Technological University Dublin

(3,802)

Munster Technological University

5,270

Technological University of the Shannon Midlands Midwest

2,451

Atlantic Technological University

N/A established 1/4/22

South East Technological University

N/A established 1/5/22

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