VICE - CHANCELLOR'S REPORT FOR YEAR ENDED JUNE 30, 2012

It gives me much pleasure in presenting the Annual Report and Accounts of the University of Nairobi for the year ended June 30, 2012.
During the year under review the University realized a surplus of KShs. 546,306,158 (2010/2011 KShs.120,005,106).The cumulative
Surplus for the University as atJune 30,2012, was KShs 580,119,805 (2010/2011 KShs. 33,813,647).

The financial performance in the current year was mainly impacted by expansion of academic programmes, refurbishment of teaching facilities, increase of personal emoluments based on improved terms and conditions of service.

During the same period the University received the award for excellence in performance contracting. As in the previous years the additional expenditure was not matched by Government funding.

The total personal emolument was KShs 6.01 billion while the funding was KShs 4.57 billion giving a shortfall of KShs 1.44 billion. Despite these challenges, the University continued with prudent financial management
of the available resources. The university enhanced income-generating activities through its various campuses as well as the subsidiary company, the University of Nairobi Enterprises and Services Limited (UNES).

The research partners supported the University to the extent of KShs. 2,300,313,360 during the year 2011/2012 (2010/2011 KShs. 1,649,546,226). This went along way in pursuit of the University mission of teaching and research. The students total population in this period for both undergraduate and postgraduate was 63,038.

Finally, I would like to express my special thanks to the University community who worked tirelessly
to ensure smooth operation of this institution, especially continued commitment of the University
performance in accordance with ISO 9001: 2008 Quality Management System.

View annual report For the year ended june 30, 2012