Ayrshire College Outcome Agreements | Page 26

26 ANNEX – KEY MEASURES FOR 2014-15 Effective and sustainable institutions The SFC is introducing four National Measures to for this outcome: 1. Non-SFC income as % of total income 2. Current assets: current liabilities ratio 3. Days cash to expenditure 4. Gross carbon footprint (three-year period) Ayrshire College commits to being a financially sustainable organisation which invests and delivers high quality services underpinned by effective and relevant financial management strategies. Further discussions with SFC are necessary in relation to performance measures in the context of the ONS Reclassification decision which is effective from April 2014. Ayrshire College Outcome Agreement 2014-17