2018-19 Annual Report 1 Our Financial Health 2018-19 Annual Report 2 CHAIR’S MESSAGE the Commitment, Vision Andleadership That Hehasbrought Dr
ANNUAL R E PORT 2018-19 INCLUDING FINANCIAL STATEMENTS Contents Financial results Our financial health Financial results 1 President’s message The following table illustrates the financial results of the University presented on a funding basis as well as in accordance with Chair’s message accounting standards for not-for-profits (NFPS). A reconciliation between two presentations can be found starting on page 64. Gervan Fearon, President and Vice-Chancellor Chair of the Board’s message 2 Figure 1 Chair of Senate’s message 3 Funding NFPS Funding NFPS Leadership 2018-19 2018-19 2018-19 2018-19 2017-18 2017-18 ($000s) Message from leadership 5 Actual Budget Actual Budget Actual Actual Governance Revenue Governance at Brock University 6 It is my pleasure to extend warm greetings on behalf of the entire team here at Brock Student fees 178,067 178,091 178,739 178,091 167,446 167,658 Board of Trustees 6 University. Grant revenue 97,927 97,575 96,442 95,814 97,371 96,156 Senate (Pullout 1) i Our financial health Internal chargebacks 10,055 8,994 9,426 Institutional Strategic Plan ii The University has enjoyed an outstanding year, marked by successes and milestones The big picture iv that reflect excellence in teaching and research, as well as a new generation of Inter-fund revenue 6,712 5,416 3,239 Research revenue 14,592 11,031 12,794 Student Experience 11 community partnerships that create experiential learning opportunities for our students Other revenue 51,333 49,130 64,144 62,211 48,600 60,589 New programs 15 while also contributing to the strength and vitality of our neighbouring communities.
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