KU Annual Report 2013 | Page 35

4. Surplus from Operations (a) Revenue from fees Parent’s fees (b) Revenue from non-capital government funding Government funding (c) Other revenue Other income from ordinary operations consisted of the following items: Management fees Cost recovery – Work Based Centres Cost recovery – Brokered Programs Gross fundraising income Interest revenue – bank deposits Dividends received Sales of publications and courses Sponsor support Operating rental lease revenue Gain on disposal of PPE Other revenue (d) Other income Government capital grant funding Realised gain on investment (e) Surplus Surplus has been arrived at after charging the following items: Depreciation and amortisation of property, plant and equipment and intangibles Operating lease rental expenses: Minimum lease payments Net bad and doubtful debts arising from: Other entities Finance Cost 2013 $ 2012 $ 50,150,594 48,675,137 29,848,181 25,266,762 3,104,924 15,811,591 6,726,572 647,862 553,323 90,904 162,537 16,779 - 441,734 481,802 2,940,962 14,893,374 7,071,999 621,354 323,434 287,684 68,430 204,574 10,737 208,460 431,554 28,038,028 27,062,562 1,229,236 1,495,630 2,805,488 - (4,345,250) (4,541,751) (1,665,423) (1,233,002) (73,382) (221,763) (74,078) - 37