Glasgow Metropolitan College
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 6,359 8,620 8,515 8,384 8,253
b)
Other 212
200
188
176
164
Total deferred capital grants 6,571 8,820 8,703 8,560 8,417
Endowments a)
Expendable 0 0 0 0 0
b)
Permanent 0
0 0 0 0
Total endowments 0 0 0 0 0
Reserves a)
Income and expenditure
account excluding
pension reserve
10,244 11,423 12,431 13,263 14,058
b)
Pension
reserve
(3,586)
(3,817)
(3,817)
(3,817)
(3,817)
c)
Income and expenditure
account including pension
reserve
6,658 7,606 8,614 9,446 10,241
d)
Revaluation
reserve
21,631
20,927
20,223
19,519
18,815
e)
Restricted
reserve
57
57 57 57 57
Total reserves 28,346 28,590 28,894 29,022 29,113
Minority Interest 0 0 0 0 0
TOTAL 34,917
37,410
37,597
37,58237,530
Appendix 6: Financial Projections
105