Glasgow College - MERGED
Actual
2008-09 Forecast
2009-10
Forecast
2010-11
Forecast
2011-12
Forecast
2012-13
£000
£000
£000
£000
£000
Deferred capital grants a) SFC 13,655 17,461 17,376 17,137 16,953
b) Other 1,101 1,052 1,014 976 938
Total deferred capital grants 14,756 18,513 18,390 18,113 17,891
Endowments a) Expendable 0 0 0 0 0
b) Permanent 0 0 0 0 0
Total endowments 00 0 0 0
Reserves a) Income and expenditure account
excluding pension reserve
17,963 19,473 21,144 22,605 23,938
b) Pension
reserve (6,621) (7,151) (7,151) (7,151) (7,151)
c) Income and expenditure account
including pension reserve
11,342 12,322 13,993 15,454 16,787
d) Revaluation
reserve 39,380 38,188 36,996 35,804 34,612
e) Restricted
reserve 231 233 233 233 233
Total reserves 50,953 50,743 51,222 51,491 51,632
Minority Interest 0 0 0 0 0
TOTAL 65,709 69,256 69,612 69,604 69,523
Appendix 6: Financial Projections
102