1 / 58

London Metropolitan University

London Metropolitan University. Financial Benchmarking Project 2009/10. 23rd March 2011. Agenda. Methodology Summary Results. Methodology. Tribal Functional Model . Overall University. Principal Activities. Associated Activities. Capital & Financing. Incomparable. Faculties.

stew
Download Presentation

London Metropolitan University

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. London Metropolitan University Financial Benchmarking Project 2009/10 23rd March 2011

  2. Agenda • Methodology • Summary • Results

  3. Methodology

  4. Tribal Functional Model Overall University Principal Activities Associated Activities Capital & Financing Incomparable Faculties Teaching Activity Research & Enterprise Activity Mrs Jones was a Faculty Administrator for the whole year. Her role was split as follows: Support • 25% Teaching Administration Human Resources & Staff Training Library Services • 25% Research Support • 20% Admissions Marketing IT Services • 30% Purchasing Corporate Administration Student Services Facilities Registry Services Estates Finance

  5. Selection of Comparisons London Group Wider Group

  6. Summary

  7. Summary Teaching Support Areas • Library - £0.5m lower; • IT Services - £1.0m lower; • Student Services - £1.9m higher; • Registry - £2.5m lower; • Finance - £0.3m higher; • HR & Staff Training – in-line; • Marketing - £0.7m lower; • Corporate Admin - £0.1m lower; • Facilities - £0.9m lower; • Estates - £4.7m higher. Research & Enterprise Associated Activities Capital & Financing • Overall Teaching Income - £1.2m higher; • Overall Pay Costs - £0.2m higher; • Non-pay Costs - £1.7m lower. • Overall Income - £8.7m lower; • Pay costs - £3.6m higher; • £3.6m higher subsidy. • Overall Income - £13.1m lower; • Overall Costs - £11.7m lower; • Overall Contribution - £1.4m lower. • £2.5m lower net cost.

  8. 2009/10 Results

  9. Overall Financial Situation Principal Activities Contribution £1.8 million Associated Activities Contribution £3.6 million Capital & Financing Net Cost £1.4 million Incomparable Net Cost £2.9 million Principal Activities includes Teaching, Research & Enterprise, Business Development, Library Services, IT Services, Student Services, Registry, Finance, HR & Staff Training, Marketing, Corporate Administration, Facilities & Estates. Associated Activities includes Catering, Residences, Crèche, Nursery, Shops, Franchising / Licensing, Students Union, Sports, Widening Participation, Other Funding Council Grants, Lettings and Other Associated Activities. Capital & Financing includes Inherited Liabilities, Interest Income, Debt Servicing Charges, Depreciation and Bad Debts. Incomparable includes, for example, sale of assets, restructuring costs, FRS17 pensions, etc.

  10. Principal Activities TEACHING RESEARCH & ENTERPRISE INCOMPARABLE ITEMS LIBRARY SERVICES IT SERVICES STUDENT SERVICES CAPITAL & FINANCING REGISTRY FINANCE HUMAN RESOURCES & STAFF TRAINING MARKETING ASSOCIATED ACTIVITIES CORPORATE ADMINISTRATION FACILITIES ESTATES

  11. Principal Activities Year on Year

  12. Principal Activities Detail • Compared to London Group: • § Academic costs - £3.3m lower; § Support costs - £4.2m higher; § Pay costs - £1.9m lower; § Non-pay costs - £2.8m higher; • Hence surplus - £0.9m lower.

  13. Teaching TEACHING RESEARCH & ENTERPRISE INCOMPARABLE ITEMS LIBRARY SERVICES IT SERVICES STUDENT SERVICES CAPITAL & FINANCING REGISTRY FINANCE HUMAN RESOURCES & STAFF TRAINING MARKETING ASSOCIATED ACTIVITIES CORPORATE ADMINISTRATION FACILITIES ESTATES

  14. Teaching Contribution Year On Year

  15. Teaching Contribution - £ per Weighted FTE Student • Compared to London Group: • § Income - £1.2m higher, higher % Overseas Fees; § Pay costs - £233,000 higher; • Delivery – 11.4 FTEs higher, 2.0% higher av. pay levels; Support – 26.6 FTEs lower,7.6% lower av. pay levels; • § Non-pay costs - £1.7m lower; • Hence contribution - £2.6m higher.

  16. Research & Enterprise TEACHING RESEARCH & ENTERPRISE INCOMPARABLE ITEMS LIBRARY SERVICES IT SERVICES STUDENT SERVICES CAPITAL & FINANCING REGISTRY FINANCE HUMAN RESOURCES & STAFF TRAINING MARKETING ASSOCIATED ACTIVITIES CORPORATE ADMINISTRATION FACILITIES ESTATES

  17. Research & Enterprise Activity Year On Year

  18. Research & Enterprise Activity Compared to London Group: § Volume of activity - £8.7m lower; § Pay costs - £3.6m higher; § Non-pay costs – in-line; § Hence, subsidy - £3.6m higher.

  19. Faculty Analysis - Teaching

  20. Teaching Income per Weighted FTE Student

  21. Teaching Costs per Weighted FTE Student

  22. Teaching Contribution %

  23. Support Services TEACHING RESEARCH & ENTERPRISE INCOMPARABLE ITEMS LIBRARY SERVICES IT SERVICES STUDENT SERVICES CAPITAL & FINANCING REGISTRY FINANCE HUMAN RESOURCES & STAFF TRAINING MARKETING ASSOCIATED ACTIVITIES CORPORATE ADMINISTRATION FACILITIES ESTATES

  24. Support Costs – Year On Year

  25. Support Costs

  26. Library Services Costs Year On Year

  27. Library Services Costs Compared to London Group: § Overall costs - £497,000 lower; § Pay costs - £409,000 lower, due to: § Staff numbers – 7.8 FTEs lower; § Pay levels – 4.4% lower; § Non-pay costs - £143,000 lower; § Income – £55,000 lower.

  28. IT Services Costs Year On Year

  29. IT Services Costs Compared to London Group: § Overall costs - £980,000 lower; § Pay costs - £479,000 higher, due to: § Staff numbers – 18.9 FTEs higher; § Pay levels – 7.5% lower; § Non-pay costs - £1.5m lower; § Income – £56,000 lower.

  30. Student Services Costs Year On Year

  31. Student Services Costs Compared to London Group: § Overall costs - £1.9m higher; § Pay costs - £397,000 higher, due to: § Staff numbers – 10.7 FTEs higher; § Pay levels – 2.1% lower; § Non-pay costs - £1.1m higher; § Income – £366,000 lower.

  32. Registry Costs Year On Year

  33. Registry Costs Compared to London Group: § Overall costs - £2.5m lower; § Pay costs - £2.0m lower, due to: § Staff numbers – 39.4 FTEs lower; § Pay levels – 8.8% lower; § Non-pay costs - £461,000 lower; § Income – £34,000 higher.

  34. Finance Costs Year On Year

  35. Finance Costs Compared to London Group: § Overall costs - £266,000 higher; § Pay costs - £44,000 higher, due to: § Staff numbers – 4.5 FTEs higher; § Pay levels – 5.2% lower; § Non-pay costs - £174,000 higher; § Income – £49,000 lower.

  36. Human Resources & Staff Training Costs Year On Year

  37. Human Resources & Staff Training Costs Compared to London Group: § Overall costs - £60,000 higher; § Pay costs - £535,000 higher, due to: § Staff numbers – 9.4 FTEs higher; § Pay levels – 3.4% higher; § Non-pay costs - £477,000 lower; § Income – in-line.

  38. Marketing Costs Year On Year

  39. Marketing Costs Compared to London Group: § Overall costs - £702,000 lower; § Pay costs - £167,000 lower, due to: § Staff numbers – 6.1 FTEs lower; § Pay levels – 3.1% higher; § Non-pay costs - £552,000 lower; § Income – £18,000 lower.

  40. Corporate Administration Costs Year On Year

  41. Corporate Administration Costs Compared to London Group: § Overall costs - £113,000 lower; § Pay costs - £636,000 lower, due to: § Staff numbers – 12.4 FTEs lower; § Pay levels – 12.5% higher; § Non-pay costs - £501,000 higher; § Income – £23,000 lower.

  42. Facilities Costs Year On Year

  43. Facilities Costs Compared to London Group: § Overall costs - £908,000 lower; § Pay costs - £188,000 lower, due to: § Staff numbers – 5.1 FTEs lower; § Pay levels – 4.8% lower; § Non-pay costs - £633,000 lower; § Income – £87,000 higher.

  44. Estates Costs Year On Year

  45. Estates Costs Compared to Benchmark: § Overall costs - £4.7 m higher; § Lower running costs per sqm; § More sqm.

  46. Owned Estates Costs

  47. Owned Estates Non-Pay Costs

  48. Associated Activities TEACHING RESEARCH & ENTERPRISE INCOMPARABLE ITEMS LIBRARY SERVICES IT SERVICES STUDENT SERVICES CAPITAL & FINANCING REGISTRY FINANCE HUMAN RESOURCES & STAFF TRAINING MARKETING ASSOCIATED ACTIVITIES CORPORATE ADMINISTRATION FACILITIES ESTATES

  49. Associated Activities – Year On Year

  50. Associated Activities - Volume Compared to London Group: § Income - £13.1m lower; § Costs - £11.7m lower; § Hence, contribution £1.4m lower.

More Related