Result educational institutions

The total result in the annual account of educational institutions is the sum of:

• the balance of assets and liabilities (government contributions and other revenues, e.g. municipal and parental contributions and personal and material costs);
• the balance of financial assets and liabilities (such as revenues and costs as a result of loans, bonds, shares and interest and dividend);
• the balance of various special entries, rare in the educational sector.

Since reference year 2008, the new Directive Annual Account Education has become effective. Across all sectors of education, the same directives currently apply with respect to the presentation of their annual accounts. In particular universities with a medical school had to change the way, in which their annual figures were presented. The StatLine table ‘Funding of educational institutions’ was adapted in accordance with the new directives.