Villanova University and Subsidiaries
Unrestricted Revenues and Expenses ($ in thousands)
OPERATING REVENUES 2009
Student related revenue:
Studenttuitionandfees ...............................$305,732
Sales and services of auxiliary enterprises . . . . . . . . . . . . . . . .65,613
$371,345
Privategiftsandgrants.................................... 11,415
Governmentgrants......................................... 7,630
Endowmentresources...................................... 8,356
Investmentincome......................................... 1,697
Othersources ............................................ 14,347
Net assets released from restrictions. . . . . . . . . . . . . . . . . . . . . . . . . 8,612
TO TAL OPERATING REVENUES $423,402
For the years ended May 31
2008
2007
$285,981
64,866
$350,847
11,183
8,303
6,839
5,646
13,543
7,688
$404,049
$266,591
63,578
$330,169
9,969
12,666
5,757
9,235
13,391
6,207
$387,394
OPERATING EXPENSES
Salariesandfringebenefits ...............................191,023
Financialaid..............................................69,265
Suppliesandservices .....................................43,407
Depreciation.............................................. 14,801
Costofgoodssold ........................................ 13,243
Interestonindebtedness.................................... 8,690
Travelandspecialevents.................................. 10,486
Utilities ................................................... 9,112
Other.................................................... 29,001
TOTAL OPERATING EXPENSES $389,028
AMOUN TS RESERVED FOR CAPI TAL EXPENDI TURES,
DEBT PRINCIPAL PAYMENTS AND STRATEGIC INITIATIVES $34,374
182,556
63,376
44,657
13,068
12,226
8,908
10,914
9,413
30,048
$375,166
$28,883
172,099
58,604
41,349
12,516
12,884
9,481
9,886
8,220
31,969
$357,008
$30,386
Sources of Operating Revenue
Distribution of Expenses
