VICE-CHANCELLOR'S REPORT FOR YEAR ENDED 30TH JUNE, 2013

It gives me much pleasure in presenting the Annual Report and Accounts of the University of Nairobi for the year ended June 30, 2013.
During the year under review the University realized a surplus of KShs. 213,037,066 (2011/2012 KShs.546, 306,158).The cumulative Surplus for the University as at June 30, 2013 was KShs 793,156,871 (2011/2012 KShs.580,119,805).

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. The University commenced construction of the University Towers.
As in the previous years the additional expenditure was not matched by Government funding. The total personal emolument was KShs7.37 billion while the funding was KShs 5.77 billion giving a shortfall of KShs 1.60 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. 2,247,308,120 during the year 2012/2013 (2011/2012 KShs. 2,300,313,360). This went along way in pursuit of the University mission ofteaching and research. The students total population in this period for both undergraduate and postgraduate was 63,846.

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, 2013