Annual Review 2009/2010

ALBERTA SCHOOL of BUSINESS

2010

A L B E R TA

Annual Review

Alberta

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a great Province a great University a great Business School

Our stylized “A” was introduced in 2000 in conjunction with the School’s official name change from the University of Alberta Faculty of Business to the University of Alberta School of Business.

The triangular “A” was meant to convey the strength of learning and faculty and to suggest a peak, a pinnacle, a striving to the top, a higher business education.

The design also features an abstract “S” and “B” and depicts the Alberta landscape of mountains flowing down into rivers, streams of knowledge, fields of dreams.

In 2010, the vision remains and our name has been preserved.

The Alberta School of Business at the University of Alberta.

ALBERTA Always has been. Always will be.

ACCOUNTABILITY

Statement of Activity and Cash Flows*

Source of Funds

2009-10

%

2010-11

%

University Operating Funds

20,614,006

50%

20,748,923

49%

Own Source Funds Endowment Earnings (exclusive of Centre Endowments) Executive Education and Executive MBA including Fort McMurray Centres and External Services, Events, and Applied Research Research Grants and Contracts Donations MBA and International Differential Fee

Actual

Forecast

2,330,124

6%

2,440,713

6%

6,246,622

15%

6,856,051

16%

2,531,421 1,438,491 3,408,146 1,958,058

6% 3% 8% 5%

3,206,168 2,177,182 2,282,267 3,153,044

8% 5% 5% 7%

Government Access Funds

2,637,005

6%

1,702,909

4%

Total Own Source Funds

20,549,866

50%

21,818,334

51%

Total Sources of Funds

41,163,872

100%

42,567,258

100%

Use of Funds

2009-10

%

2010-11

%

Teaching1 Research2 Centres, Service, Community Relations, Development Executive Education and Executive MBA including Fort McMurray Technology and Infrastructure Operating and Support Services

16,845,636 10,783,572

40% 26%

16,517,874 10,693,401

39% 25%

4,401,415

11%

5,021,486

12%

5,823,166 1,936,009 1,863,522

14% 5% 4%

6,502,728 1,718,164 2,204,875

15% 4% 5%

Actual

Forecast

Total Uses of Funds 41,653,321 100% 42,658,528 100%

Net Inflow (outflow) (489,449) (91,271)

Net Unrestricted Reserves2 4,407,777 3,287,160

Net Restricted Reserves 7,017,312 7,962,012

* This statement reflects cash-based activities and represents a managerial view of the School’s fiscal operations. Accordingly, certain activities such as fund raising, professional development, and research recognize revenue when it is received rather than when it is pledged or committed.

1 This includes a proportionate share of academic payroll as it relates to the teaching and research components of scholarly responsibility to the University.

2 Net Unrestricted Reserves comprise balances in own funds that are generally available to the School to cover operations.

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Alberta School of Business

LOGO DESIGN 2010

V E R T I C A L F O R M AT Stand alone version

V E R T I C A L F O R M AT U of A version

H O R I Z O N TA L F O R M AT Stand alone version

H O R I Z O N TA L F O R M AT U of A version