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Our financial summary gives an overview of our income and expenditure during 2022/23. St George's income increased to £89.7 million in 2022/23.

Operating expenditure increased to £90.6 million, giving an operating surplus before the movement on our pension provision of £0.9 million. The movement on our pension provision was a decrease of £2.6 million which created a surplus of £1.7 million. An unrealised loss on investments of £0.2 million gives an overall surplus of £1.5 million.

Annual report and financial statements 2022/23

More detail can be found in our annual report and financial statements 2022/23 (PDF). Previous years' reports can be found below. 

The majority of our income, 41%, came from tuition fees, with 22% from funding bodies and 14% from research grants and contracts. 60% of our expenditure is for staff costs. Teaching accounts for 72% of our funding body grant income.

See further details in the images presented in the gallery below.

A few of last year's highlights

 

Previous annual reviews and financial statements

Please see our previous annual reviews and financial statements, which have been published as separate documents until recent years. 

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Annual reports and financial statements

 

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