University Balance Sheet for the Year 2018
The 2018 University Balance Sheet represents the transparent and truthful representation of the patrimonial, economic and financial situation of the University of Rome "La Sapienza".
It consists of:
- Balance Sheet, which summarizes the balance sheet at the balance sheet date;
- Income statement, which shows the economic result of the year;
- Cash flow statement, which represents the dynamics of cash flows occurring during the year;
- Supplementary Note, which has the function of providing further quantitative and descriptive information, completing, supplementing and making the data contained in the Balance Sheet and in the Income Statement more intelligible. It also aims to illustrate the valuation principles, provide every detail of the items in the financial statements and constitutes a fundamental informative element supporting the unitary understanding of the financial statements.
The 2018 University Balance Sheet is drafted in compliance with the provisions of Legislative Decree n. 18 of 27/1/2012 - “Introduction of a system of economic, patrimonial and analytical accounting, of the single budget and of the consolidated balance sheet in the universities, pursuant to article 5, paragraph 1, letter b), and paragraph 4, letter a), of the law of 30 December 2010, n. 240 ”, by the Decree of the Ministry of Education, University and Research together with the MEF n. 19 of 14 January 2014 - "Accounting principles and financial statement formats in economic and financial accounting for universities", as amended by Interministerial Decree n. 394 of 8 June 2017, as well as by the Directorial Decree n. 1841 dated 26/07/2017 showing the complete and coordinated version of the Operational Technical Manual referred to in art. 8 of the Interministerial Decree n. 19 of 14 January 2014.