Statement of Comprehensive Income For the Year Ended 31 December 2010

		Consolidated		University
	Notes	This Year	Last Year	This Year	Budget	Last Year
		$000	$000	$000	$000	$000
Revenue
Government Funding and Grants	2	93,641	90,911	93,641	90,105	90,911
Tuition Fees	3	65,037	63,280	65,037	64,335	63,280
Research		27,459	27,803	27,464	26,032	27,838
Interest		1,560	1,172	1,428	1,099	1,038
Other Income	4	22,581	22,576	20,030	19,604	20,677
Donations		1,328	1,194	332	66	622
Total Revenue		211,606	206,936	207,932	201,241	204,366

Costs
Employee Benefit Expenses - Academic		73,776	72,846	73,656	72,596	72,699
Employee Benefit Expenses - General		48,845	44,603	46,241	46,342	43,274
Other Costs	5	61,241	60,904	60,924	58,232	62,485
Finance		215	197	162	-	169
Depreciation, Amortisation and Impairment	16,17	18,804	17,545	17,578	16,500	16,769
Total Costs		202,881	196,095	198,561	193,670	195,396

Share of Surplus/(Deficit) from Associates	6	129	( 100 )	-	-	-
Surplus		8,854	10,741	9,371	7,571	8,970

Surplus Attributable to:
University of Waikato		9,015	10,757	9,371	7,571	8,970
Non-Controlling Interest		( 161 )	( 16 )	-	-	-
Surplus		8,854	10,741	9,371	7,571	8,970

Other Comprehensive Income
Gains on Property revaluations	7	-	22,224	-		22,224
Total Other Comprehensive Income		-	22,224	-	-	22,224

Total Comprehensive Income		8,854	32,965	9,371	7,571	31,194

Comprehensive Income Attributable to:
University of Waikato		9,015	32,981	9,371	7,571	31,194
Non-Controlling Interest		( 161 )	( 16 )	-	-	-
Total Comprehensive Income for the Year		8,854	32,965	9,371	7,571	31,194

The accompanying notes form an integral part of, and should be read in conjunction with, this statement.