In the financial year ended 31 July 2011, Queen Mary had a total income (including share of joint ventures) of £297.1 million (2009/10 – £289.82 million) and total expenditure of £295.35 million (2009/10 – £291.56 million). Key sources of income included £100.02 million from funding body grants (2009/10 – £103.97 million), £82.8 million from tuition fees and education contracts (2009/10 – £76.22 million), £73.66 million from research grants and contracts (2009/10 – £68.47 million) and £1.17 million from endowment and investment income (2008/09 – £1.48 million). During the 2010/11 financial year Queen Mary had a capital expenditure of £42.53 million (2009/10 – £45.61 million).