Your second task is to study Revenue and Expenditure. a) What are the key revenues and the total Revenue for 2019? Based on the revenue, who is the most important client of the university? What must you do to retain this client? b) What is Capital Expenditure? ( in the Government University a Development Fund is set up for this expenditure) What is Operating Expenditure? What was the total expenditure of the University for 2019? What does it mean if Revenue is less than Expenditure? Why had this happened? Comment on how well the Expenditure was managed in 2019. c) What would you consider as Fixed Costs for the University? Hint: consider a situation where the students have to be away from the campus for 1 year. Will the lecture halls be used, if not in use would the airconditions be turned on, and if they are not switched on, will your utilities electric bills be low? d) What would be the Fixed Cost and Variable Cost per Student? Estimate the Cost Per Student Per Year borne by the University. Compare this to the fees paid by the students. How can the Cost per Student per Year be reduced ? Observation, Conclusion and Suggestions for further actions. 150 MARKS (CO2, PO111 PUBLIC UNIVERSITY OF MALAYSIA REVENUE AND EXPENDITURE STATEMENT as of 31 December 2019 2019 2018 REVENUE Government Grant Other Grants Student Fees Others 165.931,500 37.292,514 34.956,878 164,676,397 38,934.599 32,281.044 30,002.6.29 269,183.353 265,894,663 H18,756,998 104.927.517 17.103.258 22.612.643 97,756 TOTAL REVENUES EXPENDITURES Emoluments Supply and Services NOTE 31 Other Expenses (incl. Student Activities) Depreciation of Assets, Plants and Equipments Bad Debts Less Revaluation of Assets Employee Benefits TOTAL EXPENDITURES INCOMENLOSS) BEFORE TAX TAX INCOMEXLOSS) AFTER TAX 126542.084 113.421,496 12. 117.943 25.142.647 94.504 5.478,033 12.078 283,108,75 (15.935,433) 263,498,172 1.596.491 3.261 (15928,694) OTHER REVENUE AFTER TAX Item will not be Reclassified as Profiter Lou Net Gains from Revaluation of Real Estate 251971,732 2.346,491 PUBLIC UNIVERSITY OF MALAYSIA REVENUE AND EXPENDITURE STATEMENT as of 31 December 2009 NOTE 31 2019 2018 SUPPLY AND SERVICES Travel Expenses Goods Transportation Communication and Utilities Rentals Raw Material Supplies. Maintenance and Repair Other Supplies Maintenance and Minet Repair Services Professional Services and Hospitalities 3.556.295 19.290 13.732.198 12.757,084 86850 9911,341 14.129.874 58419,764 3.112.734 21,901 11.963.495 12.999,142 726, 434 9.349,484 12,704272 54,049.865 104,927,517 113.421,496