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Financial information

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Financial information for the University of the West of England for 2013/14. You can also view financial reports and statements for previous years.

Financial report and statement for 2013/14

UWE's financial performance during 2013/14 was positive with an operating surplus after accounting for increased pensions charges of £5.6m. The increase from 2012/2013 reflects the robust performance in student recruitment and costs control offset by the impact of the HEFCE funding reductions.

During the year, the University embarked on a £250m UWE New Campus programme commencing with a number of projects including a new Business and Law building, Student's Union building, Wallscourt Park student accommodation and Phase 2 redevelopment of Bower Ashton Campus.

See the full Report and Financial Statements Year Ended 31 July 2014 .

What we spent our money on during 2013/14

The following pie chart highlights the University's financial expenditure per pound of income for the year. You can also view in text format. (See expenditure per pound in text format)

Pie chart of UWE expenditure per pound of income during 2014/15

Income by type 2013/14 (£m)

Total income for 2013/14 was £235.6m. The following pie chart indicates the University's income by type during 2013/14. (See income by type in text format)

Pie chart indicating University income by type during 2013/14

Expenditure by type 2013/14 (£m)

Total expenditure for 2013/14 was £220.8m. The following pie chart indicates the University's expenditure by type during 2013/14. (See expenditure by type in text format)

Pie chart indicating University expenditure by type during 2013/14

Income and expenditure overview (text format)

What we spent our money on during 2013/14

  • Academic faculties - 37p in the pound
  • Library, IT and academic services - 11p in the pound
  • Student services - 6p in the pound
  • General education expenditure - 6p in the pound
  • Research grants and contacts - 3p in the pound
  • Premises - 13p in the pound
  • Administration and central services - 9p in the pound
  • Residencies and catering - 5p in the pound
  • Other income generating activities - 4p in the pound
  • For investments in our future - 6p in the pound

Income by type 2013/14

  • Investment income - £1.1m
  • Funding body grants - £36.2m
  • Tuition fees and support grants - £153.3m
  • Research grants and contracts - £10.6m
  • Other income - £34.4m

Expenditure by type 2013/14

  • Financing costs - £1.0m
  • Staff costs - £128.7m
  • Other operating expenses - £83.7m
  • Depreciation - £7.4m

Page last updated 26 January 2015

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