National University of Ireland, Galway
Ollscoil na hÉireann, Gaillimh
Cuntais
na bliana dar chríoch 30 Meán Fómhair, 2014
Financial statements
for year ended 30 September, 2014
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014
Tá gnéithe den chaiteachas Caipitiúil agus Reatha araon arna dtuairisciú sna Ráitis Airgeadais seo
maoinithe faoi cheann amháin nó níos mó de na cláir seo a leanas arna riaradh ag an UAO.
Elements of both Capital and Recurrent expenditure reported in these Financial Statements, have been funded under
one or more of the following programmes administered by the HEA
Funded under PRTLI
Administered by the HEA
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
CLÁR | Table of Contents
Ráiteas Dualgas
2
Statement of Responsibility
24
Tuarascáil an Sparánaí
3-5
Bursar’s Report
25 – 27
Tuarascáil ón Iniúchóir Bainistíochta Neamhspléach
Report of the Independent Management Auditor
Ráiteas ar Pholasaithe Cuntasaíochta
6
28
7-9
Statement of Accounting Policies
29- 31
CUNTAIS | Accounts
Ioncam agus Caiteachas Reatha Income and Expenditure
Clár Comhardaithe Balance Sheet
Ráiteas faoin Sreabhadh Airgid Cash Flow Statement
Nótaí faoi na Cuntais Notes to the Accounts
10
11
12
13 - 23
1
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Ráiteas Dualgas
Ceanglaítear ar an Ollscoil Acht na nOllscoileanna 1997 a chomhlíonadh agus na cuntais go léir
is cuí agus is gnách ar airgead a gheobhaidh an Ollscoil nó a chaithfidh sí a choimeád san fhoirm
a cheanglóidh an comhaontú um Chomhchuibhiú Ráiteas Airgeadais arna ghlacadh ag gach
Ollscoil Éireannach. Nuair a bheidh na cuntais sin á n-ullmhú aici, ceanglófar na nithe seo a
leanas ar an Ollscoil:
•
•
•
Beartais chuntasaíochta chuí a roghnú a bheidh de réir an chomhaontaithe maidir le
Comhchuibhriú Ráiteas Airgeadais agus iad a chur i bhfeidhm go leanúnach;
Breithiúnais agus meastacháin a dhéanamh atá réasúnach agus ciallmhar;
Na ráitis airgeadais a ullmhú ar bhonn gnóthais leantaigh ach amháin mura cuí an bonn
sin.
Tá an Ollscoil freagrach as leabhair chuntais chuí a choimeád a nochtann ag am ar bith staid
airgeadais na hOllscoile agus a chumasaíonn di a chinntiú go n-ullmhaítear a ráitis airgeadais de
réir an chomhaontaithe um Chomhchuibhiú Ráiteas Airgeadais agus a chinntiú go bhfuil a ráitis
airgeadais ag comhlíonadh Acht na nOllscoileanna, 1997. Tá an Ollscoil freagrach freisin as
sócmhainní ar fad na hOllscoile faoina rialú oibríochtúil a chosaint agus dá bhrí sin as céimeanna
réasúnta a ghlacadh chun calaois and neamhrialtachtaí eile a chosc agus a bhrath.
Ullmhófar sraith eile ráitis airgeadais le comhlíonadh agus beidh siad de réir prionsabail
chuntasaíochta a nglactar leo go coitianta in Éirinn agus sa Ríocht Aontaithe cé go n-ullmhaítear
na ráitis airgeadais seo don Údarás um Ard-Oideachas de réir an chomhaontaithe maidir le
Comhchuibhriú Ráiteas Airgeadais.
Ullmhaíodh na ráitis airgeadais de réir théarmaí an ráitis airgeadais roimhe seo agus rinne
KPMG, iniúchóirí bainistíochta na hOllscoile, iniúchadh orthu.
Ba chóir a thabhairt faoi deara gurb é an tArd-Reachtaire Cuntas agus Ciste iniúchóir reachtúil
na hOllscoile.
Ar son Údarás na hOllscoile
____________________________
Uachtarán
27 Feabhra, 2015
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Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Tuarascáil an Sparánaí
Ullmhaíodh na ráitis airgeadais san ‘Fhormáid Chomhchuibhithe’ seo faoi Choinbhinsiún an
Chostais Stairiúil agus faoi réir na mbeartas cuntasaíochta a leagtar amach sna nótaí ar leathanaigh
7 go 9 (Gaeilge) agus 29 go 31 (Béarla). D'aontaigh ionadaithe ó Earnáil Ollscoileanna na
hÉireann an fhormáid atá ar an tuairisciú airgeadais seo i 1998. Is léiriú é ar chroíghníomhaíochtaí
oideachais agus taighde na hOllscoile agus éilíonn an tÚdarás um Ard-Oideachas é a fhoilsiú san
fhormáid seo.
Léargas ginearálta
Ba bhliain dheacair eile an bhliain airgeadais/acadúil 2013/14 ó thaobh chomhardú an
chroíbhuiséid atréimhsigh mar aon le cistiú forbairtí caipitil. Tá laghdú ag teacht i gcónaí ar an
méid tacaíocht airgeadais atá le fáil ón Rialtas, agus is é an dúshlán mór atá roimh an Ollscoil seo
agus ollscoileanna eile ná foinsí eile airgid a aimsiú.
Má táimid lenár gcaighdeáin féin agus caighdeán ár gcéimithe a choinneáil ard, ní féidir linn
leanúint de chostais a ghearradh agus, san am céanna, líon na mac léinn a choinneáil mar atá, ní
áirím líon na mac léinn a mhéadú.
Torthaí Oibriúcháin
Léirítear sna ráitis airgeadais go raibh easnamh c. €1.7M ann; laghdú ar an ioncam atréimhseach
an chúis ba mhó leis an easnamh sin. Cé gur tháinig méadú c. €2M ar an ioncam ó tháillí na mac
léinn, b'éigean laghdú €5M ar dheontais stáit a chur ina aghaidh sin. Tháinig laghdú freisin, i
gcomparáid leis an mbliain roimhe sin, ar ioncam eile; laghdú €700K a tháinig ar an ioncam ó ús
agus bhí titim €500K san ioncam ó Phoist Chistithe.
Mar atá amhlaidh le blianta fada anois, táimid ag tabhairt aghaidh go leanúnach ar an easnamh sa
bhonneagar; déantar é sin trí chuid den ioncam atréimhseach a aistriú chun an caiteachas caipitiúil
a chistiú. Bunáite na n-aistrithe in 2013/14 arbh ionann a n-iomlán agus €11M, leithdháileadh iad
ar thionscadail mhóra e.g. an tÁras Cúrsa Saoil, Árais Chónaithe do Mhic Léinn i mBaile na
Coiribe, an Burla Taighde, agus an tÁras Bitheolaíochta Daonna.
Clár Comhardaithe
Ainneoin an easnaimh atréimhsigh €1.7M atá tuairiscithe agam, a bhfuil de thoradh air go bhfuil
laghdú tagtha ar ár gcúlchiste ioncaim ó €8.6M go €6.9M, léirítear sa chlár comhardaithe go
bhfuilimid i riocht níos fearr ó thaobh caipiteal oibre de de bhua deontais chaipitil a fuaireamar/atá
infhála a bheith níos mó ná an dímheas comhfhreagrach.
Léirítear é seo sna sócmhainní reatha arb ionann a luach agus €44M ar a n-áirítear €17M i gcistiú
caipitil a bheidh le fáil ó Fhondúireacht Ollscoil na Gaillimhe i leith tionscadail chríochnaithe –
Áras Oirbsean agus an tÁras nua Innealtóireachta go príomha. Cé go bhfuil a dóthain foinsí
leachtacha ag an Ollscoil chun a cuid oibríochtaí laethúla a chistiú, ní foláir monatóireacht
chúramach a dhéanamh ar an riocht ina bhfuil sí ó thaobh glandliteanais reatha de, agus tá an
mhonatóireacht sin á déanamh.
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Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Tuarascáil an Sparánaí ar lean
Plean Straitéiseach 2015 – 2020
Ar an 16 Nollaig 2014 ghlac Údarás na hOllscoile leis an bplean straitéiseach is déanaí ón
institiúid, agus is gearr anois go bhfoilseoidh an Ollscoil an plean straitéiseach sin. Ó thaobh an
airgeadais de, tá béim láidir sa phlean ar bhonn ioncaim na hOllscoile a leathnú faoi mar atá luaite
thuas. Faoi mar a bheadh súil leis, tá béim ar ioncam tráchtála breise a ghnóthú ó ghníomhaíochtaí
miondíola ar an gcampas, ó thaighde conartha, agus ó tháillí ó mhic léinn iasachta/neamh-AE.
Meastar freisin go mbeidh ról thar a bheith tábhachtach ag Fondúireacht na hOllscoile ó thaobh
cistí airgid a tharraingt isteach.
Agus tráchtairí ar chúrsaí eacnamaíocha ag léiriú a ndóchais go bhfuil biseach i ndán don earnáil
phoiblí agus don earnáil phríobháideach araon, gabhaim mo bhuíochas an athuair le foireann na
hOllscoile agus go háirithe le m'fhoireann féin in Oifig an Sparánaí as a n-obair dhian, a ndíograis
agus a ndúthracht agus muid ar fad ag súil go bhfuil feabhas ag teacht ar na dálaí airgeadais trí
chéile.
____________________________
Mary C. Dooley, FCA,MBA
Sparánaí
27 Feabhra 2015
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Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Ioncam Reatha 2013-2014
•
Deontais Stáit
€45.6m
21%
•
Táillí na Macléinn €104.1m
47%
•
Deontais Taighde
€52.5m
24%
•
Ioncaim Eile
€18.7m
8%
Tá ioncam iomlán na bliana 1.3% níos lú ná an t-ioncam a tuairiscíodh anuraidh. Léiríonn sé sin méadú ar
tháillí mac léinn agus laghdú ar Dheontais Stáit. Léiríonn ioncam ó Thionscadail agus deontais taighde méadú
de 2% i rith na bliana.
Caiteachas Reatha 2013-2014
• Acadúla/Taighde
€167.1m
75%
• Foirgnimh
€32.1m
14%
• Riarachán
€14.2m
6%
• Seirbhísí Macléinn
€7.5m
4%
• Eile
€1.7m
1%
Tháinig laghdú beag de níos lú ná 1% ar an gcaiteachas iomlán.
Caiteachas Caipitil 2013-2014
• Foirgnimh
€24.2m
85%
• Trealamh
€4.3m
15%
Léiríonn na cuntais a ndearnadh iniúchadh orthu caiteachas caipitil de €28.5 m i rith na bliana, a mhiondealaítear
ina €24.2m ar fhoirgnimh agus agus €4.3m ar threalamh.
Deontais Caipitil 2013-2014
• ÚAO
•
Neamhspléach
€6m
20%
€24.2m
80%
€30.2m a cuireadh chun sochair le linn na bliana agus miondealaítear thuas foinsí na suime sin.
5
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Tuarascáil ó na hIniúchóirí Neamhspléacha Chuig Baill Údarás na hOllscoile, Ollscoil na
hÉireann, Gaillimh
Tá iniúchadh déanta againn ar Ráitis Chistiúcháin Ollscoil na hÉireann, Gaillimh (“an Ollscoil”) don bhliain dar chríoch
an 30 Meán Fómhair 2014, atá comhdhéanta den Ráiteas um Bheartais Chuntasaíochta, den Chuntas Ioncam agus
Caiteachas, den Chlár Comhardaithe, den Ráiteas faoi Shreabhadh Airgid agus na nótaí gaolmhara. Ullmhaíodh na
Ráitis Chistiúcháin seo de réir an Chomhaontú um Comhchuibhriú Cuntais Airgeadais, arna ghlacadh ag Ollscoileana
Éireannacha, agus de réir na beartais chuntasaíochta atá leagtha amach ar leathanaigh 7 go dtí 9.
Tá an tuarascáil seo ullmhaithe do bhaill Údarás na hOllscoile amháin, mar aon. Chuathas i mbun ár gcuid oibre
iniúchta ionas go bhféadfaimis na nithe ar ghá dúinn a lua le baill Údarás na hOllscoile i dtuarascáil iniúchóirí a lua
agus ní chun críche ar bith eile. Chomh fada agus atá ceadaithe sa dlí, ní ghlacaimid agus ní ghabhaimid freagracht
orainn féin maidir le haon duine seachas Údarás na hOllscoile as ár n-obair iniúchta, as an tuarascáil seo ná as na
tuairimí atá curtha ar aghaidh againn.
Freagrachtaí na hOllcoile agus Freagrachtaí na nIniúchóirí
Tá an Ollscoil, faoi mar a leagtar amach ar leathanach 2, freagrach as na Ráitis Chistiúcháin a chur le chéile.
Is é ár bhfreaghracht iniúchadh a dhéanamh agus tuairim a thabhairt ar na Ráitis Chistiúcháin de réir téarmaí an
chonartha dar dháta an 10 Meán Fómhair 2014 agus de réir na Caighdeáin Idirnáisiúnta ar Iniúchadh (Ríocht Aontaithe
agus Éire). Ceanglaíonn na caighdeáin sin orainn na Caighdeáin Eiticiúla d’Iniúchóirí eisithe ag Bord na gCleachtas
Iniúchóireachta a leanacht.
Scóip an t-iniúchadh ar na Ráitis Chistiúcháin
Mar chuid den iniúchadh bailítear fianaise maidir leis na suimeanna agus ar an bhfaisnéisiú a bhíonn sna Ráitis
Chistiúcháin chun dearbhú réasúnach a thabhairt go bhfuil na Ráitis Chistiúcháín soar ó mhíráiteas ábhartha, bíodh sin
de bharr calaoise nó earráide. Áirítear ann: an n-oireann na beartais chuntasaíochta do chúinsí na hOllscoile, cibé an
gcuirtear i bhfeidhm go leanúnach iad agus cibé an ndéantar faisnéisiú orthu mar is cuí; réasúntacht na meastúcháin
shuntasacha atá déanta ag Údarás na hOllscoile; agus cur i láthair na Ráitis Chistiúcháin i gcomhréír leis an
gComhaontú um Chomhchuibhriú Cuntais Airgeadais. Níl aon mheasúnú déanta againn ar chur i láthair foriomlán na
Ráítis Chistiúcháin mar a bheadh ag teastáil dá mbeadh muid le tuairim fíor agus cothrom a thabhairt faoi na
Caighdeáin Idirnáisiúnta ar Iniúchadh (Ríocht Aontaithe agus Éire), i bhfianaise an cuspóir faoina n-ullmaítear na Ráítis
Chistiúcháin agus nádúr riachtanais an Chomhaontú. Léímid freisin gach faisnéis airgeadais agus neamh-airgeadais i
dtuarascáil an Sparánaí chun neamhréireachtaí ábhartha leis na Ráítis Chistiúcháin a aimsiú. Má fhaighimid fios ar aon
mhíráiteas nó neamhréireachtaí ábhartha, déanaimid machnamh ar an tionchar atá aige seo ar ár dtuarascáil.
Tuairim ar na Ráitis Chistiúcháín
Is é an tuairim atá againn i leith Ráitis Chistiúcháin na hOllscoile don bhliain dar chríoch an 30 Meán Fómhair 2014 ná
gur ullmhaíodh mar is cuí iad, i ngach gné ábhartha, de réir na beartais chuntasaíochta atá leagtha amach ar leathanaigh
7 go dtí 9, atá deartha chun éifeacht a thabhairt don Chomhaontú um Chomhchuibhriú Cuntais Airgeadais is déanaí.
Nithe a cheanglaítear orainn a thuairisciú faoi théarmaí ár gconartha
Fuaireamar gach faisnéis agus gach míniú a mheasamar a raibh gá leo chun an t-iniúchadh a dhéanamh. Is é an tuairim
atá againn ná gur choimeád an Ollscoil leabhair chuntais chuí. Tá na Ráitis Chistiúcháin ag teacht leis na leabhair
chuntais.
David Meagher
Do agus ar son
KPMG
Cuntasóirí Cairte, Gnólacht Iniúchta Reachtúil
Teach Odeon, An Fhaiche Mhór, Gaillimh
27 Feabhra, 2015
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Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Ráiteas ar Pholasaithe Cuntasaíochta
A
Ráitis Airgeadais
Tugann na ráitis airgeadais léiriú ar theagasc, taighde agus gníomhaíochtaí seirbhíse atá bainteach
leis an Ollscoil. Déantar ráitis airgeadais maidir le Ciste Pinsean na hOllscoile agus gníomhaíochtaí
coimhdeacha neamhspléacha airgeadais a chur i láthair astu féin.
B
Coinbhinsiún Cuntasaíochta
Ullmhaítear na Ráitis Airgeadais faoin gcoinbhinsiún costais stairiúil, arna mhionathrú chun
athluacháil ar thalamh agus ar fhoirgnimh a chur san áireamh. Cuirtear i láthair iad de réir an
chomhaontaithe reatha um Chomhchuibhiú Ráiteas Airgeadais arna ghlacadh le haghaidh gach
Ollscoile Éireannaí. Tá na beartais chuntasaíochta seo curtha le chéile chun feidhm a
thabhairt don chomhréiteach ar an gcomhaontú ráitis airgeadais.
Ní chomhlíonann an comhaontas um Chomhchuibhiú Ráiteas Airgeadais an cleachtas cuntasaíochta
a bhfuil glacadh leis (GAAP). Déantar ráitis airgeadais chomhdhlúite a chomhlíonann GAAP a
ullmhú ar leithligh.
C
Deontais Stáit i gcomhair Caiteachas Reatha
Áirítear deontais reatha ar bhunús fabhruithe. Tá an Deontas Reatha a úsáidtear i gcomhair
sócmhainní dochta a cheannach aistrithe go dtí an cúlchiste ginearálta.
D
Deontais i gcomhair Caiteachas Caipitiúil
Áirítear sna ráitis airgeadais na deontais stáit atá ceadaithe ag an ÚAO do chaiteachas caipitiúil den
tréimhse de réir an méid airgid a fritheadh.
Déantar deontais chaipitil eile a fhabhrú nuair atá an tionscadal caipitil lena mbaineann siad tugtha
chun críche nó sa mhéid an airgid faighte, ag brath ar théarmaí agus choinníollacha a bhaineann leis
an tógra.
E
Ioncam ó Tháillí agus ó Ús
Tabharfar cuntas ar ioncam táillí (tobhaigh mac léinn a bheidh infhaighte san áireamh) ar bhonn
fabhraithe agus déanfar tuairisc ar an méid comhlán ar an líne d’ioncam táillí sa chuntas ioncaim
agus caiteachais.
Taifeadtar ioncam ó ús ar bhonn fabhraithe sa tréimhse lena mbaineann sé.
F
Leithdháiltí Ceadaithe
Tá an cuntas ioncam agus caiteachas ullmhaithe ar bhunús fabhruithe cé is móite de na heisceachtaí
seo a leanas:
(i)
(ii)
Caiteachas neamhphá na ranna acadúla agus ranna seirbhísí éagsúla.
Trealamh roinne agus mionoibreacha.
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Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Ráiteas ar Pholasaithe Cuntasaíochta, ar lean
Sna cásanna seo, áireofar caiteachas ar bhonn buiséad formheasta agus tabharfar ar aghaidh
iarmhéideanna inmheánacha sa Chlár Comhardaithe faoi Shócmhainní Reatha nó faoi Dhliteanais, de
réir mar is iomchuí.
G
Sócmhainní Dochta agus Dímheas
Luaitear costas stairiúil le gach sócmhainn seasta seachas Talamh agus Foirgnimh. Rinneadh
foirgnimh a bhí críochnaithe faoin 30 Meán Fómhair 1998 a athluacháil go hinmheánach, ina gceann
agus ina gceann, ag luach reatha athsholáthair an dáta sin lúide an muirear gaolmhar dímheasa.
Léirítear foirgnimh a tógadh i rith na bliana ag a gcostas stairiúil agus toimhdítear go mbeidh saol
úsáideach 50 bliain acu. Rinneadh talamh a athluacháil chomh maith ag an luach reatha úsáide
amhail an 30 Meán Fómhair 1998.
Tugtar cuntas ar an mbunchostas ar fhoirgnimh atá á dtógáil, bunaithe ar luach theastas na n-ailtirí
agus ar chostais dhíreacha eile a thabhófar go deireadh na bliana airgeadais. Ní dhímheastar iad go
dtí go n-úsáidtear iad.
Díscríobhtar trealamh a bhfuil costas níos lú ná €10,000 air go dtí an cuntas ioncaim agus caiteachais
do bhliain a cheannaithe.
Mar seo a leanas atá saolré fhónta na sócmhainní seasta ar faoina treoir a rinneadh dímheas a ríomh
de réir méid cothrom: -
Foirgnimh:
Trealamh Ríomhaireachta:
Trealamh Eile
Níl dímheas i gceist i gcás talún
50 bliain
3 bliana
5 bliana
Déantar athbhreithniú ar bhearnúchán sócmhainne seasta má léiríonn imeachtaí nó athruithe cúinsí
go bhféadfadh sé nach mbeidh méid iasachta na sócmhainne seasta in-aisghabhála.
H
Cúlchiste Ginearálta
Léiríonn an Cúlchiste Ginearálta luach an chistiúchán atá iarrtha i gcomhair réamhchúraim caipiteal,
tar éis amúchtha i gcomhréir le dímheas, maraon le fuílleach ar ghníomhaíochta seirbhíse
coimhdeacha.
I
Deontais Thaighde agus Thionscadail
Taispeáintear caiteachas taighde conartha glan ó ranníocaíocht go costais indíreacha. Áirítear ioncam
ó dheontais thaighde chonartha sa Chuntas Ioncam agus Caiteachas de réir costas an chaiteachais a
bhain leis. Áirítear ranníocaíocht taighde conartha go costais indíreacha na hOllscoile faoi Ioncam
Eile. Áirítear sócmhainní dochta maoinithe trí Dheontais Taighde faoi ‘Sócmhainní Dochta’ sa Chlár
Chomhardaithe
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Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Ráiteas ar Pholasaithe Cuntasaíochta, ar lean
.
J
Airgeadraí Coigríche
Aistrítear ioncam agus caiteachas ainmnithe in airgeadraí coigríche de réir na rátaí malairte atá i réim
ar dhátaí na hidirbheartaíochta. Aistrítear sócmhainní agus dliteanais ainmnithe in airgeadraí
coigríche go Euro de réir na rátaí malairte atá i réim ar dháta an Chláir Chomhardaithe. Déileáiltear
le haon bhrabúis nó caillteanais a bhíonn ann dá thoradh seo taobh istigh den chuntas ioncam.
K
Cánachas
Níl aon soláthairtí déanta do chánachas mar go bhfuil stádas saor ó cháin ag an Ollscoil.
L
Seirbhísí Coimhdeacha
Is seirbhísí coimhdeacha na seirbhísí (nach bhfuil áirithe faoi ghnó comhlachta) a chuirtear ar fáil ar
an gcampas ar bhunús costas téarnamh agus atá pleanáilte le briseadh cothrom sa meántéarmach.
Airítear ioncam infheistíochta ar an chúlchiste forbartha bonneagar faoin teideal seo freisin.
Aistrítear an glanthoradh ar na gníomhaíochtaí seo go dtí an Cuntas Cúlchiste Ginearálta.
M.
Pinsin
Feidhmíonn an Ollscoil dhá scéim le sochar sainithe ar a dtugtar ‘Scéim Mhaoinithe’ JPS agus an
‘Scéim Eiseamlárach’ faoi seach. Déantar bunphinsin scoir na mball a chistiú trí ranníocaíochtaí ag
rátaí réamhchinnte de phá inphinsin. Gearrtar arduithe i mbunphinsin scoir ar chuntas Ioncaim
agus Caiteachais na hOllscoile. Gearrtar ranníocaíochtaí fostóirí chuig na scéimeanna le sochar
sainithe ar chuntas ioncaim agus caiteachais na hOllscoile i ndáil le costais tuarastail agus pá
fostaithe. Déantar staid sreafa airgid ghlain an dá scéim le sochar sainithe le chéile a áireamh mar
shócmhainn nó mar dhliteanas mar is cuí agus íoctar na cistí le nó carntha mar airgead dlite ó Stát
na hÉireann. Tá cur síos ar shreabhadh airgid an dá scéim sna nótaí a ghabhann leis na cuntais.
Tá áis pinsin PRSA ar fáil freisin do chomhaltaí foirne nach bhfuil incháilithe le clárú ar na
scéimeanna le sochar sainithe. Tá an áis riartha ag cuideachta árachais tríú páirtí.
N
Stoc
Úsáidtear costas nó an luach readtha glan, pé díobh is lú, agus is earraí inchaite saotharlainne,
stáiseanóireacht agus ábhair fhoirgnimh an chuid is mó daoibh.
O
Infheistíochtaí
Sonraítear infheistíochtaí ar a gcostas stairiúil lúide forálacha bearnúcháin, más ann dóibh.
9
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Ioncam agus Caiteachas | Income and Expenditure
Ioncam | Income
Nóta
Note
Deontais Stáit State Grants
Táillí na Mac Léinn Student Fees
Ioncaim Eile Other Income
1
2
3
Deontais Taighde agus Tionscnaimh Research Grants and Projects
4
Iomlán Total
2014
€’000
2013
€’000
45,561
104,091
18,718
50,594
101,919
19,696
168,370
172,209
52,513
51,540
220,883
223,749
86,828
19,452
20,724
11,347
14,178
7,586
8,272
1,725
86,603
19,200
20,090
10,798
17,371
7,418
8,260
2,373
170,112
172,113
52,513
51,540
222,625
223,653
Caiteachas | Expenditure
Rannóga Acadúla Academic Departments
Seirbhísí Acadúla Academic Services
Foirgnimh Premises
Tograí Foirgníochta agus Trealaimh Building and Equipping Projects
Riarachán Administration
Costais Eile Oideachais General Educational Expenditure
Áiseanna agus Conláistí Facilities and Amenities
Costais Ilghnéitheacha Miscellaneous Expenditure
5
6
7
8
9
10
11
12
Deontais Taighde agus Tionscnaimh Research Grants and Projects
Iomlán Total
13
(Easnamh)/Breis ar ghníomhaíochtaí roimh dhíscríobh Cúlchistí
Deontais Caipitil, Seirbhísí Coimhdeacha agus Dímheas
(Deficit)/Surplus on activities before amortisation of Capital Reserves and Grants,
Ancilliary services and Depreciation
Dímheas Depreciation
Gluaiseacht sa Chúlchiste Ginearálta General Reserve Movement
(Easnamh)/Breis don Bhliain (Deficit)/Surplus for year
14
15
(1,742)
96
(17,481)
17,481
(19,234)
19,234
(1,742)
96
Is cuid de na cuntais seo an Ráiteas ar Pholasaithe Cuntais, an Ráiteas faoin Sreabhadh Airgid agus Nótaí 1 go 26.
The statement of Accounting Policies, Cash Flow Statement and Notes 1 to 26 form part of these Accounts
Síniú _____________________________________
______________________
Oifigeach Cuntasaíochta/Uachtarán
Meabhránaí Registrar
Accounting Officer/President
10
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Clár Comhardaithe | Balance Sheet
Nóta
Sócmhainní Dochta Fixed Assets
Infheistíochtaí Investments
2013
Note
2014
€’000
16
24
417,502
14,482
406,500
21,468
431,984
427,968
48,677
44,122
90
47,103
28,713
90
92,889
75,906
94,851
101,661
(1,962)
(25,755)
430,022
402,213
€’000
Sócmhainní Reatha Current Assets
Fuílligh sna Bainc agus Airgead Bank Balances and Cash
Feichiúnaithe agus Réamhíocaíochtaí Debtors and Prepayments
Stoc Stock
17
Dliteanais Reatha Current Liabilities
Creidiúnaithe agus Caiteachas Fabhraithe níos lú ná bliain amháin Creditors and
Accrued Expenditure due in less than one year
18
Dliteanais Reatha Glan Net Current Liabilities
Sócmhainní Iomlána Glan Total Net Assets
Arbh iad seo a bhfoinsí Represented by
Cúlchiste Ginearálta General Reserve
19
423,155
393,604
Cúlchiste Reatha Current Reserve
21
6,867
8,609
430,022
402,213
Is cuid de na cuntais seo an Ráiteas ar Pholasaithe Cuntais, an Ráiteas faoin Sreabhadh Airgid agus Nótaí 1 go 26.
The Statement of Accounting Policies, Cash Flow Statement and Notes from 1 to 26 form part of these Accounts.
Síniú _________________________________________
Oifigeach Cuntasaíochta/Uachtarán
Accounting Officer/President
11
___________________
Meabhránaí Registrar
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Ráiteas faoin Sreabhadh Airgid | Cash Flow Statement
€’000
Glan eis-sreabhadh airgid ó ghníomhaíochtaí oibrithe (Nóta 22)
Net Cash outflow from Operating Activities (Note 22)
2014
€’000
€’000
2013
€’000
(2,064)
(4,105)
1,041
1,741
Toradh ar Infheistíocht agus Fónamh Airgeadais
Return on Investment and Servicing of Finance
Ús faighte glan Net Interest Received
Glan eis-sreabhadh airgid ó ghníomhaíochtaí infheistithe
Net Cash Outflow from Investment Activities
Caiteachas ar thionscnaimh chaipitil
Expenditure on Capital Projects
Fáltais ó Dhíol Sócmhainní Dochta Receipts from sale of Fixed Assets
Gluaiseacht Infheistíochtaí Investment movement
(28,483)
(51,684)
6,986
61
1,844
Glan eis-sreabhadh airgid roimh mhaoiniú
Net Cash outflow before Financing
(21,497)
(49,779)
(22,520)
(52,143)
Maoiniú Financing
Aistriú ó Ioncam agus Caiteachas
Transfer from Income and Expenditure
11,347
10,798
Deontais Caipitil ÚAO HEA Capital Grant
5,970
5,269
Deontais Caipitil Neamh ÚAO Non HEA Capital Grant
6,777
6,042
Glan insreabhadh airgid ó mhaoiniú Net Cash inflow from financing
Glan insreabhadh/(eis-sreabhadh) tar éis maoiniú
Net inflow/(outflow) after financing
Méadú/(Laghdú) ar airgead agus a chomhionann (Nóta 23)
Increase/(Decrease) in cash and cash equivalents (Note 23)
12
24,094
22,109
1,574
(30,034)
1,574
(30,034)
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais | Notes to the Accounts
1.
Deontais Stáit State Grants
Deontais Reatha Recurrent Grants
Cistiú Sprioctha do Thionscnaimh Speisialta
Targeted Funding for Special Initiatives
Mion Oibreacha Minor Works
2.
2013
€’000
44,431
1,056
49,384
1,133
74
77
45,561
50,594
103,870
221
101,737
182
104,091
101,919
1,041
1,167
3,268
8,142
1,130
3,970
1,741
1,721
3,333
8,819
622
3,460
18,718
19,696
Táillí na Mac Léinn Student Fees
Táillí Acadúla Academic Fees
Táillí Ilghnéitheach Miscellaneous Fees
3.
2014
€’000
Ioncam Ilghnéitheach Miscellaneous Income
Ús Saothraithe Interest Receivable
Poist Mhaoinithe Funded Posts
Cíos srl. Rent etc.
Deontais Taighde Research Grants
Ioncam ó Infheistíochtaí, glan Net Income from Investments
Ioncam Eile Other Income
13
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
4.
Deontais Taighde agus Tionscnaimh Research Grants and Projects
Deontais Taighde Research Grants
Tionscnaimh Eile Other Projects
5.
Pay
Non Pay
€’000
€’000
26,964
190
24,763
596
51,727
786
50,486
1,054
27,154
25,359
52,513
51,540
64,328
5,428
4,854
64,594
5,614
4,861
12,218
12,218
11,534
12,218
86,828
86,603
3,795
2,935
2,566
1,994
6,361
4,929
6,287
4,714
4,268
213
331
1,128
25
992
67
430
333
25
5,260
280
761
1,461
28
5,334
269
726
1,446
269
106
375
396
12,939
6,513
19,452
19,200
4,072
1,652
7,739
1,946
100
374
678
4,163
11,811
3,598
100
374
678
4,163
11,223
3,583
100
313
643
4,228
5,724
15,000
20,724
20,090
N/Phá
64,328
5,428
4,854
74,610
Seirbhísí Acadúla Academic Services
An Leabharlann Library
Seirbhísí Ríomhaireachta Information Solutions &
Services
Míocrascóp Leictreon Electron Microscopy Unit
Gaeilge Labhartha Spoken Irish
Staidéar Iarchéime Graduate Studies
Ceangail na Tionscolaíocht Technology Transfer
An tIonad un Fheabhas Foghlama agus Teagaisc
Centre for Excellence in Learning &Teaching
Oifig Feabhais Quality Office
7.
€’000
Rannóga Acadúla Academic Departments
Acadúil Academic
Teicniúil Technical
Riarachán agus Rúnaíocht
Administration and Secretarial
Deontais Rannóga Acadúla
Academic Department Grants
6.
2013
2014
Iomlán
Total
€’000
Pá
Foirgnimh
Premises
Cúram Foirgnimh Premises Maintenance
Seirbhísí Ginearálta General Services
Mion Oibreacha Minor Works
Cíos agus Rátaí Rent and Rates
Árachas Insurance
Costas Fuinnimh Energy Costs
14
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
8.
Tograí Foirgníochta agus Trealaimh Building and Equipping Projects
Pá
Pay
N/Phá
Non Pay
€’000
€’000
Foirgníocht Building
Trealamh Equipment
9.
€’000
8,172
3,175
8,172
3,175
8,147
2,651
11,347
11,347
10,798
9,569
1,693
568
2,348
11,262
568
2,348
13,237
249
3,885
9,569
4,609
14,178
17,371
531
229
5,031
1,916
230
5,031
2,393
251
4,363
409
409
411
6,200
7,586
7,418
993
993
960
727
733
998
532
3,858
102
178
151
4,585
835
1,176
683
4,623
783
1,161
733
2,990
5,282
8,272
8,260
(16)
1,741
(16)
2,391
(18)
(16)
1,725
2,373
1,385
1
1,386
Áiseanna agus Conláistí Facilities and Amenities
Deontais Ceannsraithe agus Eile
Capitation and Other Grants
Seirbhísí na Mac Léinn Student Services
Oifig na gCeapachán Careers Office
Cláracha Insroichteach Access Programmes
Sláinte agus Comhairleoireacht
Health and Counselling
12.
€’000
Costais Eile Oideachais General Educational Expenditure
Scrúduithe Examinations
Bronnadh na gCéim Conferring
Scoláireachtaí/Comhaltaí Iarchéime
Scholarships/Postgraduate Fellowships
Tobhach Ollscoil na hÉireann NUI Levy
11.
2013
Riarachán Administration
Seirbhísí Riarachán Administrative Services
Táillí Gairmiúla Professional Fees
Ilchostais Miscellaneous
10.
2014
Iomlán
Costais Ilghnéitheacha Miscellaneous Expenditure
Pinsin Bhreise Additional Pensions
Difríocht Malairte Exchange Differences
1,741
1,741
15
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
13.
Caiteachas Iomlán Total Expenditure
Seirbhísí Acadúla agus Seirbhísí Gaolmhara
Academic and Related Services
Deontais Taighde agus Tionscaimh
Research Grants and Projects
14.
Pá
Pay
N/Phá
Non Pay
€’000
€’000
108,959
61,153
27,154
25,359
136,113
86,512
2013
€’000
€’000
170,112 172,113
52,513
51,540
222,625 223,653
Dímheas ar Shócmhainní Dochta Depreciation of Fixed Assets
Foirgnimh Buildings
Trealamh Equipment
15.
2014
Iomlán
2014
€’000
2013
€’000
11,342
6,139
11,406
7,828
17,481
19,234
Gluaiseacht sa Chúlchiste Ginearálta (Nóta 19) General Reserve Movement
Amhúchadh i gcomhréir le dímheas Amortisation in line with depreciation
16
2014
€’000
2013
€’000
(17,481)
(19,234)
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
16.
Sócmhainní Dochta Fixed Assets
€’000
€’000
€’000
2014
Iomlán
Total
€’000
Costas Cost
Luacháil Valuation
311,002
189,709
50,415
-
131,233
-
492,650
189,709
441,027
189,709
Iomlán Total
500,711
50,415
131,233
682,359
630,736
6,306
-
17,859
-
Talamh agus Obair chaipitil
Foirgnimh
atá ar siúl
Land & Buildings Capital WIP
Trealamh
Equipment
2013
€’000
Costas/Luacháil ag tús na bliana
Cost/Valuation at start of year
Breiseanna ag Costas Additions at Cost
Scor ar Shocmháinní lán dímheasaithe
Retirement of fully depreciated assets
Athchatagóiriú Recategorisation
4,318
(4,810)
28,483
(4,810)
51,684
(61)
36,056
(36,056)
-
-
-
Costas Cost
Luacháil Valuation
353,364
189,709
32,218
-
130,741
-
516,323
189,709
492,650
189,709
Iomlán Total
543,073
32,218
130,741
706,032
682,359
117,215
6,140
(4,810)
275,859
17,481
(4,810)
256,633
19,234
(8)
118,545
288,530
275,859
Costas/Luacháil ag Deireadh na Bliana
Cost/Valuation at End of Year
Dímheas Depreciation
Ag tús na bliana At start of year
Dímheas don bhliain Depreciation for year
Scor ar Shocmháinní lán dímheasaithe
Retirement of fully depreciated assets
Ag deireadh na bliana At end of year
158,644
11,341
-
169,985
-
Luacháil glan leabhair ag tús na bliana
342,067
50,415
14,018
406,500
374,103
Luacháil glan leabhair ag deireadh
na bliana
373,088
32,218
12,196
417,502
406,500
Net book value at start of year
-
Net book value at end of year
17
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
17.
Féichiúnaithe agus Réamhíocaíochtaí Debtors and Prepayments
Caiteachas Taighde Research Expenditure
Iasachtaí Tithíochta na Foirne Staff Housing Loans
Ilfhéichiúnaithe agus Réamhíocaíochtaí Debtors and Prepayments
Fuílligh idir Chuideachtaí Inter Company Balances
Deontais Chaipitil infhaighte ó Fhondúireacht na hOllscoile
Capital grants receivable from Galway University Foundation
18.
2014
€’000
2013
€’000
21,527
17
5,066
32
17,480
25,993
34
2,243
443
-
44,122
28,713
2014
€’000
2013
€’000
47,481
4,108
16,372
3,973
22,803
114
-
56,656
3,349
14,445
3,066
15,114
112
8,919
94,851
101,661
Creidiúnaithe Creditors
Níos lú ná bliain amháin/Due in less than one year
Deontais Taighde Neamhchaite Research Grants Unexpended
Deontais Rialtais Faighte Roimhré State Grants received in advance
Taillí Acadúla Faighte Roimhré Academic Fees received in advance
Fuílligh Inmheánacha Internal Balances
Creidiúnaithe Eile agus Costais Dlite Other Creditors and Accruals
Fuílligh idir Chuideachtaí Inter Company Balances
Ceannach Maoine ar ais (Alt 843) Buy-back of property (Section 843)
19.
Cúlchistí Ginearálta General Reserve
Fuílleach
ag tús
Opening
Balance
€’000
Luacháil - Talamh agus Foirgnimh
Valuation – Land and Buildings
Deontas Caipitil on ÚAO
Capital Grant from HEA
Cuntas Ioncam agus Caiteachas
Income and Expenditure Account
Deontais Caipitil Neamhspléach
Independent Capital Grants
Eile (Aistriú faoi Seirbhísí Coimhdeacha san áireamh)
Other (Transfer from Ancillary Services included)
Amúchadh go Cuntas Ioncam agus Caiteachas
Amortisation to Income and Expenditure Account
Amúchadh Carntha ar Dhiúscairtí agus socmháinní lán
dímheasaithe
Accumulated amortisation on disposals and retirement of fully
depreciated assets
18
Athrú sa
Fuílleach
Bhliain
ag Deireadh
Current Year
Closing
Movement
Balance
€’000
€’000
189,709
-
189,709
173,648
5,970
179,618
100,904
11,347
112,251
192,051
24,257
216,308
13,151
648
13,799
(276,139)
(17,481)
(293,620)
280
4,810
5,090
393,604
29,551
423,155
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
20.
Cuntas Rialaithe Pinsean Pension Control Account
2014
2014
2014
2013
2013
2013
Comhscéim
Pinsean
Funded
Scheme
Scéim
Eiseam
láireach
Model
Scheme
Scéim
Aonar
Single
Scheme
Comhscéim
Pinsean
Funded
Scheme
Scéim
Eiseamláireach
Model
Scheme
Scéim
Aonar
Single
Scheme
€’000
€’000
€’000 €’000
Iarmhéid Tosaigh Opening Balance
€’000
€’000
(21,516)
25,118
235
(15,535)
19,882
6,526
1,764
834
5,464
1,841
220
-
2,385
-
-
1,358
-
1,787
13
1,741
207
2,209
91
61
46
-
2,413
100
2,391
231
2,423
46
54
19
-
10,274
6,510
880
10,599
5,722
239
15,739
65
-
15,901
63
-
2,145
13
-
648
6
-
117
-
-
-
-
-
-
-
-
.
Ioncam Income
1
Ranníocaíochtaí Fostóra
Employer contributions
i) Ag ráta maoinithe reatha na hollscoile At
existing university funding rate
ii) Ag ráta maoinithe 20% ECF
At ECF 20% funding rate
2
3
4
5
Ranníocaíochtaí Fostaí Employee contributions
Aithrithe pinsean isteach Pension Transfers in
Ioncam forlíontach Supplementation Income
Ioncam maidir le blianta breise a cheannach
Income in respect of the purchase of added years
Iomlán Total
Caiteachas / Expenditure
1
2
3
4
5
6
Íocaíocht Pinsean isteach (forlíonadh san
áireamh) Pensions in payment (including
supplementation)
Íocaíochtaí cnapshuime ar scor
Lump sum payments on retirement
Íocaíochtaí bás le linn seirbhíse
Death in Service Payment
Aistrithe pinsean amach (airgead tirim)
Pension Transfer out (cash payment)
Aisíoc ranníocaíochtaí Refunds of contributions
Riarachán & Costais
Administration & other costs
100
1,849
137
276
40
-
31
-
114
303
4
-
Iomlán Total
19,950
491
40
16,580
486
4
(Easnamh) /Breis sa bhliain (Deficit)/Surplus in Year
(9,676)
6,019
840
(5,981)
5,236
235
(31,192)
31,137
1,075
(21,516)
25,118
235
Fuílleach Deiridh – (infhaighte ó)/iníoctha leis an HEA
Closing Balance – (receivable from)/payable to the
H EA
19
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
21.
Cúlchiste Reatha Current Reserve
Fuílleach ag tús de réir na gcuntas deiridh Opening Balance
(Easnamh)/Breis don Bhliain (Deficit)/Surplus for year
Fuílleach Deiridh Closing Balance
22.
2013
€’000
8,609
(1,742)
8,513
96
6,867
8,609
Réiteach ar (Easnamh)/Breis ar an Chuntas Ioncam agus Caiteachas leis an breis glan eissreabhadh airgid ó ghníomhaíochtaí oibrithe
Reconciliation of Income and Expenditure Account (deficit)/surplus to net cash outflow from
operating activities
2014
2013
€’000
€’000
(Easnamh)/Breis don Bhliain (Deficit)/Surplus for year
Lúide Ús Faighte Glan Less Net Interest Received
Brabús/Caillteanas ar dhíol sócmhainní seasta Profit/Loss on sale of fixed assets
Dímheas Depreciation
Amúchadh ar Chúlchistí Ginearálta Amortisation of General Reserves
Laghdú ar Fheichiúnaithe agus Réamhíocaíochtaí
Decrease in Debtors and Prepayments
(Laghdú) ar Chreidiúnaithe (Decrease) in Creditors
(Laghdú)/Méadú ar Chúlchiste Ginearálta (Eile)
(Decrease)/increase in General Reserve (Other)
Glan eis-sreabhadh Airgid ó Ghníomhaíochtaí Oibrithe
Net Cash outflow from Operating Activities
23.
2014
€’000
(1,742)
(1,041)
17,481
(12,671)
2,071
96
(1,741)
(8)
19,234
(19,226)
6,344
(6,810)
648
(8,666)
(138)
(2,064)
(4,105)
2014
€’000
2013
€’000
Anailís ar athrú in Airgead agus a Chomhionann
Analysis of Change in Cash and Cash Equivalent
24.
Fuílleach ag 1 Deireadh Fómhair Balance at 1 October
Glan insreabhadh/(eis-sreabhadh) Net cash inflow/(outflow)
47,103
1,574
77,137
(30,034)
Fuílleach ag 30 Meán Fómhair Balance at 30 September
48,677
47,103
Infheistíochtaí Investments
2014
€’000
Stoc rialtais srl. Government stocks etc.
14,482
20
2013
€’000
21,468
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
25.
Ceangaltais Chaipitil Capital Commitments
2014
€’000
Ceangaltais conraithe ag 30 Meán Fómhair
Commitments contracted at 30 September
Údaraithe ach gan a bheith conartha ag 30 Meán Fómhair
Authorised but not contracted at 30 September
26.
52,469
2013
€’000
40,907
10,283
43,112
Faisnéisiú Páirtithe Gaolmhara Related Party Disclosures
Mioneolas ar pháirtithe gaolmhara ábhartha agus idirbheartaíochta na hOllscoile leo mar seo a
leanas:
Details of material related parties and the University’s transactions therewith are as follows:
Maoin Champais Teo Fochuideachta ar leis an Ollscoil é ina hiomláine, a chuireann foirgnimh ar fáil faoi
thearmaí léasa, le haghaidh oideachais na mac léinn. Tá an Ollscoil ag leanacht lena tacaíocht ó thaobh
riachtanas caipiteal oibre an chomhlachta agus ar 30 Meán Fómhair, 2014 bhí €24,319 ag an gcuideachta ar
an Ollscoil. (2013: €11,519 dlite don Ollscoil).
Maoin Champais Teo is a wholly owned subsidiary company that provides property under lease terms for
the provision of education to students. The University continues to support the working capital
requirements of the Company and as of 30 September, 2014 the company was owed €24,319 by the
University (2013: €11,519 owed to the University).
Tionól Teo Fochuideachta ar leis an Ollscoil é ina hiomláine, agus is í an phríomhghníomhaíocht atá aici
ná gníomhaíochtaí comhdhálacha na hOllscoile a láimhseáil. Tá iasacht de €62,775 tugtha ag an Ollscoil
don chomhlacht, ar a bhfuil soláthar iomlán déanta dó. Ní raibh aon athrú ar an iasacht seo ag 30 Meán
Fómhair 2014 agus 2013.
Tionól Teo is a wholly owned subsidiary company and its principal function is to operate the University
conferencing activities. The University has loaned €62,775 to it, which is fully provided for. There has been
no change to this loan balance as of 30 September 2014 and 2013.
UCG Research Applications Ltd: Fochuideachta ar lánúinéireacht atá arna corprú mar eintiteas
sealbhaíochta d'infheistíochtaí na hOllscoile i gcuideachtaí maoine intleachtúla (IP), go príomha, a bhfuil
baint ghníomhach éigin ag an Ollscoil leo. Bhí €89,757 ag an gcuideachta ar an Ollscoil amhail an 30 Meán
Fómhair 2014 (2013: €90,761).
UCG Research Applications Limited is a wholly owned subsidiary company incorporated as a holding entity
for the University’s investments in, predominantly, intellectual property (IP) companies in which it has some active
involvement. The University owed €89,757 to the company as at 30 September 2014 (2013: € 90,761).
Galway University Press Limited: Is fochuideachta ar lánúinéireacht é atá arna corprú le cuidiú le
comhaltaí foirne acadúla na hOllscoile i ndáil lena saothar a chur i gcló agus a fhoilsiú. Leanann an Ollscoil
de bheith ag tacú le riachtanais chaipitil oibre na Cuideachta agus amhail an 30 Meán Fómhair 2013, bhí
fiacha €14,381 (2013: €15,080) dlite di.
Galway University Press Limited is a wholly owned subsidiary company incorporated to assist academic staff of
the University in printing and publishing their work. The University continues to support the working capital
requirements of the Company and as of 30 September 2013 was owed €14,381 (2013: €15,080).
21
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
26.
Faisnéisiú Páirtithe Gaolmhara, ar lean Related Party Disclosures con’d
Atalia Student Residences Limited: Is fochuideachta ar lánúinéireacht é atá arna corprú leis na hárais
chónaithe do mhic léinn, Galway Student Residences agus Baile na Coiribe, a chur á bhfeidhmiú thar ceann
na hOllscoile. Leanann an Ollscoil de bheith ag tacú le riachtanais chaipitil oibre na Cuideachta agus
amhail an 30 Meán Fómhair 2014, bhí €33,499 (2013: €48,250) dlite don ollscoil.
Atalia Student Residences Limited is a wholly owned subsidiary company incorporated to operate the student
residences of Galway Student Residences and Corrib Village on behalf of the University. The University continues to
support the working capital requirements of the Company and as of 30 September 2014 was owed €33,499 (2013:
€48,250).
Athrutech Limited: Is fochuideachta ar lánúinéireacht é atá arna corprú le feidhmiú mar chuideachta
shealbhaíochta paitinne. Is iad na cuspóirí atá aici a teicneolaíochtaí, IP agus punann paitinní a cheadúnú/a
dhíol le tionscal nó le páirtithe leasmhara eile. Leanann an Ollscoil de bheith ag tacú le riachtanais chaipitil
oibre na Cuideachta agus amhail an 30 Meán Fómhair 2014, bhí fiacha €30,000 (2013: €443,287) dlite don
Ollscoil.
Athrutech Limited is a wholly owned subsidiary company incorporated to operate as a patent holding company.
Its objectives are to license/sell its technologies, IP and patent portfolio to industry and other third parties. The
University supports the working capital requirements of the Company and as of 30 September 2014 was owed
€30,000 (2013: €443,287).
CCG Aonad Sláinte do Mhic Léinn Teoranta: Is cuideachta faoi theorainn ráthaíochta é nach bhfuil
scairchaipiteal aici. Is é príomhghníomhaíocht na cuideachta feidhmiú an ionaid sláinte in OÉG. Amhail an
30 Meán Fómhair, 2014 tá fiacha €0 (2013: €0) ar an Ollscoil.
CCG Aonad Sláinte do MhicLéinn Teoranta is a company limited by guarantee and not having a share
capital. Its principal activity is the operation of the health centre in NUIG. The University as of 30 September 2014
owes €0 (2013: €0).
Campus Radio Limited: Fochuideachta ar leis an Ollscoil é ina hiomláine. Thosaigh an chuideachta ag
craoladh i mí na Samhna, 1995. Leanann sí de bheith ag freastal ar riachtanais siamsaíochta raidió na mac
léinn tríú leibhéal, go príomha, i gceantar Chathair na Gaillimhe. Ní raibh aon chomharduithe idirchuideachta
ann amhail an 30 Meán Fómhair 2014 ná 2013. Bhí €0 dlite ag an Ollscoil don chuideachta an 30 Meán
Fómhair 2014 (2013: €51,477).
Campus Radio Limited is a wholly-owned subsidiary of the University. The company commenced broadcasting in
November 1995. It continues to meet, primarily, the radio entertainment needs of third-level students in the Galway City
area. The University as at 30 September 2014 owed €0 to the company (2013: €51,477).
Bimini Limited: Is cuideachta chomhlachaithe de chuid na hOllscoile é. Tá sealúchas 28% ag an Ollscoil.
Tá paitinn i seilbh na cuideachta. Tugann sí cuntas faoi ioncam agus faoi chaiteachais ghaolmhara na
paitinne seo tríd an gcuideachta. Amhail an 30 Meán Fómhair, 2014 tá fiacha €2,119 (2013: €0) dllite don
Ollscoil.
Bimini Limited is an associate company of the University. The University has a 28% holding. The company holds
a patent. It accounts for the income and related expenses of this patent through the company. The University was owed
€2,119 by the company as at 30 September 2014 (2013: €0).
Bhí Endenline Limited, Lintary Limited agus Samaurium Limited díomhaoin amhail an 30 Meán
Fómhair 2014 agus ní ann d'aon chomhardú idirchuideachta idir na cuideachtaí seo agus an Ollscoil.
Endenline Limited, Lintary Limited and Samaurium Limited are dormant as at 30 September 2014
and there are no intercompany balances between these companies and the University.
22
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Nótaí faoi na cuntais, ar lean | Notes to the Accounts cont’d
26.
Faisnéisiú Páirtithe Gaolmhara, ar lean Related Party Disclosures con’d
Chomh maith leis na páirtithe gaolmhara ábhartha thuas luaite tá scaireanna ag an Ollscoil sna haonáin
seo a leanas (In addition to the above material related parties, the University also holds minority shareholdings in the
following entities) :
1
2
Ainn na
Cuideachta
An Cineál Táirge/Seirbhíse Nature
of Product/Service
Theta Chemicals
Ltd
Ceimiceáin speisialta a dhéanamh agus a
fhorbairt Manufacture and development of
Analyse IQ Ltd
Company Name
Méid scaireanna
OÉG NUIG
Shareholding
18.57%
Deireadh Bliana na
gCuntas
Accounts year-end
30 Meitheamh
30 June
Comhairleoireacht agus soláthar
bogearraí
10.00%
29 Feabhra
29 February
Comhairleoireacht ghnó agus
bhainistíochta Business and management
15.00%
31 Nollaig
31 December
speciality chemicals
Software consultancy and supply
3
Qpercom Ltd
consultancy
4
Peracton Ltd
Comhairleoireacht agus soláthar
bogearraí Software consultancy and supply
10.00%
31 Márta
31 March
5
Seevl Ltd
Gníomhaíochtaí siamsaíochta
10.00%
31 Lúnasa
31 August
6
MDG Web Ltd
Gníomhaíochtaí bunachair Database
8.63%
31 Nollaig
31 December
7
Orbsen
Therapeutics Ltd
Gníomhaíochtaí cleachtaidh leighis
10.60%
31 Nollaig
31 December
8
Sláinte Beoga
Teoranta
Táirgí cógaisíochta Manufacture of
10.00%
Nóta 1
Note 1
9
NVP Energy
Limited
Bogearraí Software
10.00%
30 Meitheamh
30 June
10
ePlantech Ltd
Teicneolaíocht mhóibíleach Mobile
10.00%
31 Eanair
11
Embo Medical
Limited
Entertainment activities
activities
Medical practice activities
pharmaceutical products.
technology
Forbróir teicneolaíochta agus feiste
leighis
Medical technology and device developer
31 January
3.00%
31 Nollaig
31 December
Galway University Foundation Limited: Tá an t-aonán seo, nach bhfuil faoi smacht na hOllscoile, ag
obair chun tacaíocht airgeadais a thabhair do chláir chaipitil, acadúla agus tacaíochta acadúla na hOllscoile.
Áiríonn na ráitis airgeadais tionchar aon mhaoinithe faighte agus infhaighte on gcuideachta seo.
Galway University Foundation Limited: This entity, which is not controlled by the University, is engaged in
generating financial support for University capital, academic and academic support programmes. These financial
statements include the impact of any funding received and receivable from this company.
23
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Statement of Responsibility
The University is required to comply with the Universities Act 1997 and to keep in such form as
may be required by the Harmonisation of Financial Accounts agreement as adopted by all Irish
Universities all proper and usual accounts of money received and expended by it. In preparing those
accounts, the University is required to:
•
•
•
Select suitable accounting policies that are in accordance with the Harmonisation of
Financial Accounts agreement and apply them consistently;
Make judgements and estimates that are reasonable and prudent;
Prepare the financial statements on a going concern basis unless that basis is inappropriate.
The University is responsible for keeping proper books of account which disclose at any time the
financial position of the University and which enables it to ensure that its financial statements are
prepared in accordance with the Harmonisation of Financial Accounts agreement and comply with
the Universities Act 1997. The University is also responsible for safeguarding all assets under its
operational control and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
A separate set of financial statements will be prepared to comply and in accordance with generally
accepted accounting principles in Ireland and the UK whereas these financial statements prepared
for the Higher Education Authority are prepared in accordance with the Harmonisation of Financial
Accounts Agreement.
The financial statements have been prepared in accordance with the terms of the foregoing
statement of responsibilities and have been audited by KPMG, the management auditor of the
University.
It should be noted that the Comptroller and Auditor General is the statutory auditor of the
University.
On behalf of the University Authority
________________________
President
27 February, 2015
24
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Bursar’s Report
The attached ‘Harmonised Format’ financial statements are prepared under the Historical Cost
convention in accordance with the accounting policies set out in the notes on pages 7 to 9 (Gaeilge)
and 29 to 31 (English). This format of financial reporting was agreed by representatives of the Irish
University Sector in 1998. It reflects the core pedagogic and research activities of the University and
publication in this format is required by the Higher Education Authority.
Overview
The 2013/14 financial/academic year was another difficult one in terms of balancing the core
recurrent budget and funding capital developments. Levels of Government financial support continue
to decline and the significant challenge faced by this University and others in the sector is to find
alternate sources of funding.
If we are to maintain standards and the quality of our graduates, we cannot continue to cut costs
while at the same time maintaining, let alone increasing, student numbers.
Operating Results
The financial statements record a deficit of some €1.7M due in no small part to a €3M decline in
recurrent income. An increase in student fee income of €2M was more than offset by a drop of €5M
in state grants. Other income was also down on the prior year with interest income dropping by
€700K and Funded Posts income down €500K.
As has been the case for many years now, we continue to address our capital infrastructural deficit by
transferring a portion of recurrent income to fund capital expenditure. The greater portion of
transfers in 2013/14 at €11M was allocated to large scale projects e.g. Life Course Building, Student
Residences at Corrib Village, the Research Bundle, and the Human Biology Building.
Balance Sheet
Notwithstanding the reported recurrent deficit of €1.7M, which results in a decrease in our revenue
reserves from €8.6M to €6.9M, the balance sheet demonstrates an improved working capital position
by virtue of capital grants received/receivable exceeding corresponding depreciation.
This is reflected in current assets of €44M which includes €17M in capital funding due from the
Galway University Foundation for completed projects, principally the Orbsen and New Engineering
Buildings. While the University has sufficient liquid sources to fund its day to day operations, the nett
current liabilities position merits careful monitoring which is being carried out.
Strategic Plan 2015 - 2020
The University is about to publish its latest strategic plan which was adopted by Governing Authority
on 16th December 2014. From a finance perspective, the plan contains a strong focus on expanding
the income base of the University as alluded to above. As might be expected, there is an emphasis on
increased commercial income from ‘on campus’ retail, contract research, and overseas/non EU fee
income. It is also anticipated that Galway University Foundation will play an ever important role in
the generation of funding.
25
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Bursar’s Report cont’d
As economic commentators express positive sentiments for an improving public and private sector
outlook, again, I wish to thank and commend University staff and in particular my own team in the
Bursar’s office for their hard work, dedication, and commitment, in what are hopefully improving
circumstances.
_________________________________
Mary C. Dooley, FCA MBA
Bursar
27 February, 2015
26
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
RECURRENT INCOME 2013-2014
•
State Grants
€45.6m
21%
•
Student Fees
€104.1m
47%
•
Research Grant
€52.5m
24%
•
Other Income
€18.7m
8%
The total income for the year decreased by 1.3% There was an increase in student fees and a decrease in state grants as well as
an increase of 2% in income from funded research grants and projects.
RECURRENT EXPENDITURE 2013-2014
•
Academic/Research €167.1m
75%
•
Building
€32.1m
14%
•
Administration
€14.2m
6%
•
Student Services
€7.5m
4%
•
Other
€1.7m
1%
Total expenditure decreased slightly by less than 1%.
CAPITAL EXPENDITURE 2013-2014
•
Buildings
•
Equipment
€24.2m
85%
€4.3m
15%
The Audited Accounts show capital expenditure during the year at €28.5m which is further analysed as €24.2m building
and €4.3m equipment.
CAPITAL FUNDING 2013-2014
•
HEA
•
Non-State
€6m
€24.2m
20%
80%
Capital Funding credited during the year was €30.2m and is analysed above as to its sources.
27
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Independent Auditor’s Report to the Governing Authority of the National University of Ireland,
Galway
We have audited the Funding Statements of the National University of Ireland, Galway (“the University”) for
the year ended 30 September 2014, which comprise the Statement of Accounting Policies, Income and
Expenditure Account, Balance Sheet, Cash Flow Statement and the related notes. These Funding Statements
have been prepared in accordance with the Harmonisation of Accounts agreement, as adopted by Irish
Universities, and the accounting policies set out on pages 29 to 31.
This report is made solely to the members of Údarás na hOllscoile, as a body. Our audit work has been
undertaken so that we might state to Údarás na hOllscoile those matters we are required to state to them in an
auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than Údarás na hOllscoile, for our audit work, for this report, or for the opinions
we have formed.
Respective responsibilities of the University and Auditor
As more fully explained on page 24, the University is responsible for the preparation of the Funding
Statements.
Our responsibility is to audit and express an opinion on the Funding Statements in accordance with the terms
of our engagement dated 10 September 2014 and International Standards on Auditing (UK and Ireland).
Those standards require us to comply with the Ethical Standards for Auditors issued by the Auditing Practices
Board.
Scope of the audit of the Funding Statements
An audit involves obtaining evidence about the amounts and disclosures in the Funding Statements sufficient
to give reasonable assurance that the Funding Statements are free from material misstatement, whether caused
by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the
University’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of
significant accounting estimates made by Údarás na hOllscoile; and the presentation of the financial statements
in accordance with the Harmonisation of Accounts Agreement. However, in view of the purpose for which the
Funding Statements are prepared and the nature of the Agreement’s requirements, we have not assessed the
overall presentation of the Funding Statements as would have been required if we were to express a true and
fair opinion under International Standards on Auditing (UK and Ireland). In addition, we read all the financial
and non-financial information in the accompanying Bursars report to identify material inconsistencies with the
audited Funding Statements. If we become aware of any apparent material misstatements or inconsistencies we
consider the implications for our report.
Opinion on Funding Statements
In our opinion, the Funding Statements of the University for the year ended 30 September 2014 have been
properly prepared, in all material respects, in accordance with the accounting policies set out on pages 29 to 31,
which have been designed to give effect to the most recent Harmonisation of Accounts agreement.
Matters on which we are required to report under the terms of our engagement
We have obtained all the information and explanations which we consider necessary for the purpose of our
audit. In our opinion proper books of account have been kept by the University. The Funding Statements are
in agreement with the books of account.
David Meagher
For and on behalf of
KPMG
Chartered Accountants, Statutory Audit Firm
Odeon House, Eyre Square, Galway
27 February, 2015
28
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Statement of Accounting Policies
A
Financial Statements
The Financial Statements reflect the teaching, research and related service activities of the
University. The Financial Statements of the University’s pension schemes and of the
University’s financially independent ancillary activities are prepared annually and audited
separately.
B
Accounting Convention
The Financial Statements are prepared under the historical cost convention modified to
include the revaluation of land and buildings. They are presented in accordance with the
existing Harmonisation of Financial Statements agreement as adopted for all Irish
Universities. These accounting policies have been designed to give effect to the
Harmonisation of Financial Statements agreement.
The Harmonisation of Financial Statements agreement does not comply with generallyaccepted accounting principles (GAAP). Consolidated financial statements that comply with
GAAP are prepared separately.
C
State Grants for Recurrent Expenditure
Recurrent Grants have been recognised on an accruals basis. Recurrent Grant which has
been used for the purchase of fixed assets is transferred to the General Reserve.
D
Grants for Capital Expenditure
State Grants approved by the Higher Education Authority for capital expenditure are
included in the Financial Statements of the period to the extent of cash received.
Other capital expenditure grants are accrued following the completion of the related capital
project or to the extent of cash received, depending on the associated terms and conditions of
the project agreement.
E
Fee and Interest Income
Fee income (including student levies receivable) is accounted for on an accruals basis and
reported gross in the fee income line on the income and expenditure account.
Interest income is recorded on an accruals basis in the period to which it relates.
F
Approved Allocations
The Income and Expenditure Account is prepared on an accruals basis with the following
exceptions:
(i) non-pay expenditure of academic departments and certain service departments;
(ii) departmental equipment and minor works.
29
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Statement of Accounting Policies cont’d
In these cases, expenditure is included on the basis of approved budgets and internal
balances are carried forward in the Balance Sheet under Current Assets or Liabilities, as
appropriate.
G
Fixed Assets and Depreciation
All fixed assets are stated at historical cost with the exception of Land and Buildings.
Buildings that were completed at 30 September 1998 were revalued internally, on an
individual basis, at the current replacement value at that date less the related depreciation
charge. Buildings constructed during the year are stated at their historical cost and are
assumed to have a useful life of 50 years. Land was also revalued at current use value at 30
September 1998.
Buildings under construction are accounted for at cost, based on the value of architects'
certificates and other direct costs incurred to the financial year end. They are not
depreciated until they are brought into use.
Equipment costing less than €10,000 per individual item is written off to the income and
expenditure account in the year of acquisition.
The estimated useful lives of fixed assets by reference to which depreciation has been
calculated on a straight-line basis are as follows: Buildings
Computer Equipment
Furniture and Equipment
Land is not depreciated
50 years
3 years
5 years
A review for impairment of a fixed asset is carried out if events or changes in circumstances
indicate that the carrying amount of the fixed asset may not be recoverable.
H
General Reserve
The general reserve represents the value of funding, after amortisation, applied for capital
purposes, together with the results from Ancillary Services.
I
Research Grants and Projects
Contract research expenditure is shown net of contributions to indirect costs. Income from
contract research grants is included in the Income and Expenditure account to the extent
that the related expenditure has been incurred. Contract research contribution to the
University’s indirect costs is included in ‘other income’. Fixed Assets financed from contract
research grants are capitalised in the balance sheet.
30
Ollscoil na hÉireann, Gaillimh Cuntais na bliana dar chríoch 30 Meán Fómhair, 2014.
Statement of Accounting Policies cont’d
J
Foreign Currencies
Costs denominated in foreign currencies are translated at the exchange rates ruling at the
dates of the transactions. Assets and liabilities denominated in foreign currencies are
translated into Euro at the rates of exchange ruling at the Balance Sheet date. The resulting
profits or losses are dealt with in the Income and Expenditure account.
K
Taxation
No provision has been made for taxation, as the University holds tax exempt status.
L
Ancillary Services
Ancillary Services are services provided on campus on a cost recovery basis, and are planned
to breakeven in the medium term. Investment income on the infrastructural Development
fund is included under this heading. The net outturn on such activities is transferred to the
General Reserve account.
M
Pensions
The University operates two defined-benefit schemes known as the JPS ‘Funded Scheme’
and the ‘Model Scheme’ respectively. The basic retirement pensions of members are funded
by contributions at pre-determined rates of pensionable pay. Increases in basic retirement
pensions are charged to the Income and Expenditure account of the University. Employer
contributions to the defined benefit schemes are charged to the income and expenditure
account of the University in tandem with the employees’ salary and wage costs. The net cash
flow position of both defined benefit schemes combined, is accounted for as an asset or
liability as appropriate and the funds are paid to or accrued as due from the Irish State. The
cash flows of both schemes are detailed in the notes to the accounts.
A PRSA pension facility is also available for staff not eligible for enrolment in the definedbenefit schemes. It is administered by a third party insurance company.
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Stock
Stocks, the majority of which are laboratory consumables, stationery and building materials,
are stated at the lower of cost and net realisable value.
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Investments
Investments are stated at their historical cost less provision for impairment, if any.
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