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Finance Table 14 - Key Financial Indicators 2015/16 to 2019/20

HE Provider Data: Finance

Table 14 - Key Financial Indicators

Academic years 2015/16 to 2019/20

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Data for table 14 are not based on restated figures.

For some providers, 2018-19 staff costs includes an exceptional, non-cash, accounting expense, to reflect the increase to the deficit contributions that employers have had to make to pension schemes, most substantially the Universities Superannuation Scheme (USS) following the finalisation of the 2017 USS valuation. This expense is not a typical annual operating expense, and should be considered when looking at the Surplus/(deficit) and Staff costs KFIs.

Methodology and notes - Finances

Type of data

Administrative data

Data source

HESA (Higher Education Statistics Agency) are the experts in UK higher education data and analysis. We have been collecting higher education information since the 1994/95 academic year.

Finance data is taken from the HESA Finances record, which universities, colleges and other higher education providers return to HESA on an annual basis. The Finance record collects a range of information about the primary financial statements from HE providers' published accounts.

From 2018/19, data for English HE providers (excluding further education colleges and sixth form colleges under the primary regulation of the Education and Skills Funding Agency) was collected by the Office for Students .

We provide data and analysis on finances of HE providers to a wide variety of customers, including:

  • Governments
  • Universities (via the Heidi Plus analytics tool)
  • Academic and commercial researchers
  • Students and potential students
  • Trade unions and employers' associations
  • Policy makers.

Our data is used to regulate the sector, inform policy making, advance understanding of social and economic trends, support decision making, and enhance public understanding of - and confidence in - the higher education sector.

Related releases

Our HE Provider Data: Finance data pages collect together all of the tables we publish on finances in higher education.

Further information

open-data   Open data licence: CC-BY-4.0