{"id":31553,"date":"2024-05-08T11:23:40","date_gmt":"2024-05-08T11:23:40","guid":{"rendered":"https:\/\/aswu.edu.eg\/en\/?page_id=31553"},"modified":"2024-05-09T06:38:47","modified_gmt":"2024-05-09T06:38:47","slug":"financial-report-2021-2022","status":"publish","type":"page","link":"https:\/\/aswu.edu.eg\/en\/about\/reports\/financial-reports\/financial-report-2021-2022\/","title":{"rendered":"Financial Report \u2013 2021-2022"},"content":{"rendered":"<header class=\"entry-header\">\n<ul style=\"list-style-type: disc\">\n<li class=\"entry-title\" style=\"text-align: justify\"><span style=\"color: #333333\"><strong style=\"font-size: 17px\">Introduction:<\/strong><\/span><\/li>\n<\/ul>\n<\/header>\n<div class=\"entry-content\">\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\">This financial report provides an overview of Aswan University\u2019s financial performance and activities for the period 2021 to 2022. The report aims to offer stakeholders insight into the university\u2019s financial\u00a0health and management.<\/span><\/div>\n<div style=\"text-align: justify\"><\/div>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\"><strong>Executive Summary:<\/strong><\/span><\/div>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\">The financial report reflects the university\u2019s efforts to maintain sound financial practices, uphold fiscal responsibility, and support its mission of excellence in education and research. It outlines key financial\u00a0indicators and highlights significant accomplishments and challenges faced during the reporting period.<\/span><\/div>\n<div style=\"text-align: justify\"><\/div>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\"><strong>Financial Highlights:\u00a0<\/strong><\/span><\/div>\n<ul style=\"list-style-type: disc;text-align: justify\">\n<li><span style=\"color: #333333;font-size: 17px\">Total Revenues: The university generated revenues from various sources, including tuition,grants, donations, and auxiliary services.<\/span><\/li>\n<li><span style=\"color: #333333;font-size: 17px\">Operating Expenses: Funds were allocated for faculty salaries, academic programs, research initiatives, administrative services, and maintenance.<\/span><\/li>\n<li><span style=\"color: #333333;font-size: 17px\">Capital Expenditures: Investments were made in infrastructure, technology, and facilities to enhance the learning environment.<\/span><\/li>\n<li><span style=\"color: #333333;font-size: 17px\">Budget Allocation: Resources were allocated to prioritize educational quality, student support, faculty development, and institutional advancement.<\/span><\/li>\n<\/ul>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\"><strong>Financial Performance:<\/strong><\/span><\/div>\n<ul style=\"list-style-type: disc;text-align: justify\">\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">Operating Margin: The University maintained a healthy operating margin, ensuring that revenues exceeded operating expenses.<\/span><\/li>\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">Investment Returns: Returns from investments contributed to sustaining the university\u2019s financial stability.<\/span><\/li>\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">Debt Management: Prudent debt management practices were upheld, leading to sustainable debt levels.<\/span><\/li>\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">Fund Reserves: The University continued to build and maintain reserves to support future initiatives and contingencies.<\/span><\/li>\n<\/ul>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\"><strong>Achievements:<\/strong><\/span><\/div>\n<ul style=\"list-style-type: disc;text-align: justify\">\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">Expansion of Academic Programs: New academic programs were introduced, attracting diverse student populations.<\/span><\/li>\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">Research Funding: Grants and funding were secured to support innovative research projects across various disciplines.<\/span><\/li>\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">Campus Enhancements: Upgrades to campus facilities and technology infrastructure improved the overall student experience.<\/span><\/li>\n<\/ul>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\"><strong>Challenges:<\/strong><\/span><\/div>\n<ul style=\"list-style-type: disc;text-align: justify\">\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">External Factors: The university navigated economic uncertainties and changing regulatory landscapes.<\/span><\/li>\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">Rising Costs: Increases in operating costs posed challenges to maintaining financial equilibrium.<\/span><\/li>\n<li class=\"pvc_clear\"><span style=\"color: #333333;font-size: 17px\">Resource Allocation: Balancing resource allocation among competing needs required careful planning.<\/span><\/li>\n<\/ul>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\"><strong>Future Outlook:<\/strong><\/span><br \/>\n<span style=\"color: #333333;font-size: 17px\">The university remains committed to its financial sustainability and strategic goals. A robust financial management strategy will continue to guide resource allocation, risk management, and long-term planning.<\/span><\/div>\n<div style=\"text-align: justify\"><\/div>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\"><strong>Conclusion:<\/strong><\/span><br \/>\n<span style=\"color: #333333;font-size: 17px\">Aswan University\u2019s financial report demonstrates its dedication to financial stewardship and accountability. The university\u2019s efforts are directed towards sustaining its academic mission, fostering growth, and ensuring a resilient financial future.<\/span><\/div>\n<div style=\"text-align: justify\"><\/div>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><span style=\"color: #333333;font-size: 17px\">For detailed financial information, including fund-specific data and audited statements, authorized stakeholders may request access through appropriate channels.<\/span><\/div>\n<div class=\"pvc_clear\" style=\"text-align: justify\"><\/div>\n<\/div>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_31553\" class=\"pvc_stats all  \" data-element-id=\"31553\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/aswu.edu.eg\/en\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Introduction: This financial report provides an overview of Aswan University\u2019s financial performance and activities for the period 2021 to 2022. The report aims to offer stakeholders insight into the university\u2019s financial\u00a0health and management. Executive Summary: The financial report reflects the <a href=\"https:\/\/aswu.edu.eg\/en\/about\/reports\/financial-reports\/financial-report-2021-2022\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_31553\" class=\"pvc_stats all  \" data-element-id=\"31553\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/aswu.edu.eg\/en\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":7,"featured_media":0,"parent":29375,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"samar abdelrazek","author_link":"https:\/\/aswu.edu.eg\/en\/author\/edr0asen-2nd-en-translatoraswu-edu-eg\/"},"rttpg_comment":0,"rttpg_category":null,"rttpg_excerpt":"Introduction: This financial report provides an overview of Aswan University\u2019s financial performance and activities for the period 2021 to 2022. The report aims to offer stakeholders insight into the university\u2019s financial\u00a0health and management. Executive Summary: The financial report reflects the Read More ...","_links":{"self":[{"href":"https:\/\/aswu.edu.eg\/en\/wp-json\/wp\/v2\/pages\/31553"}],"collection":[{"href":"https:\/\/aswu.edu.eg\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/aswu.edu.eg\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/aswu.edu.eg\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/aswu.edu.eg\/en\/wp-json\/wp\/v2\/comments?post=31553"}],"version-history":[{"count":6,"href":"https:\/\/aswu.edu.eg\/en\/wp-json\/wp\/v2\/pages\/31553\/revisions"}],"predecessor-version":[{"id":31568,"href":"https:\/\/aswu.edu.eg\/en\/wp-json\/wp\/v2\/pages\/31553\/revisions\/31568"}],"up":[{"embeddable":true,"href":"https:\/\/aswu.edu.eg\/en\/wp-json\/wp\/v2\/pages\/29375"}],"wp:attachment":[{"href":"https:\/\/aswu.edu.eg\/en\/wp-json\/wp\/v2\/media?parent=31553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}