Page 3 University of Technology, Jamaica Statement of Financial Position (Continued) 31 March 2020 (expressed in Jamaican dollars unless otherwise indicated) 2020 2019 Note $’000 $’000 Reserves Appropriated surplus 23 155,767 155,767 Unappropriated surplus 2,757,972 4,047,184 2,913,739 4,202,951 Non-Current Liabilities Unexpended grants for specified projects 24 136,116 74,378 Endowment funds 25 10,559 10,600 Capital grants 5 1,476,477 1,557,449 Employee benefit obligations 26 1,666,567 1,033,848 Lease Liabilities 12 71,541 - 3,361,260 2,676,275 6,274,999 6,879,226 Approved for issue by the Council on (date) and signed on its behalf by: Pro-Chancellor Acting President University of Technology, Jamaica 119
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