 |
|
|
Income Statement For the Year Ended 31 December 2008
|
|
Consolidated |
|
University |
|
Notes |
This Year |
Last Year |
|
This Year |
Budget |
Last Year |
|
|
$000 |
$000 |
|
$000 |
$000 |
$000 |
| Revenue |
| Government Funding and Grants |
2 |
86,568 |
80,781 |
|
86,568 |
82,728 |
80,781 |
| Tuition Fees Income |
3 |
57,128 |
57,116 |
|
57,128 |
61,497 |
57,116 |
| Research Income |
|
21,898 |
23,296 |
|
21,894 |
20,646 |
23,296 |
| Interest Income |
|
2,574 |
3,216 |
|
2,463 |
2,000 |
2,934 |
| Other Income |
|
18,613 |
18,544 |
|
19,562 |
18,171 |
19,566 |
| Donations |
|
2,028 |
766 |
|
2,932 |
2,024 |
707 |
| Total Revenue |
|
188,809 |
183,719 |
|
190,547 |
187,066 |
184,400 |
| |
| Costs |
| Employee Benefit Expenses - Academic |
|
70,033 |
66,960 |
|
68,793 |
67,434 |
66,960 |
| Employee Benefit Expenses - General |
|
44,260 |
42,164 |
|
42,455 |
43,714 |
41,443 |
| Other Costs |
4 |
58,452 |
58,338 |
|
61,694 |
53,758 |
56,989 |
| Finance Costs |
|
177 |
201 |
|
177 |
50 |
201 |
| Depreciation and Amortisation |
|
16,280 |
15,973 |
|
16,208 |
16,500 |
15,935 |
| Total Costs |
|
189,202 |
183,636 |
|
189,327 |
181,456 |
181,528 |
| |
|
|
|
|
|
|
|
| Surplus/(Deficit) |
|
( 393 ) |
83 |
|
1,220 |
5,610 |
2,872 |
| Transfer to University of Waikato Research Trust |
5 |
- |
- |
|
- |
- |
( 14,539 ) |
| Share of Surplus/(Deficit) from Associates |
6 |
( 1,278 ) |
( 35 ) |
|
- |
- |
- |
| Operating Surplus/(Deficit) |
|
( 1,671 ) |
48 |
|
1,220 |
5,610 |
( 11,667 ) |
| |
| Attributable to: |
| University of Waikato |
|
( 1,668 ) |
48 |
|
1,220 |
5,610 |
( 11,667 ) |
| Minority interest |
|
( 3 ) |
- |
|
- |
- |
- |
|
|
( 1,671 ) |
48 |
|
1,220 |
5,610 |
( 11,667 ) |
The accompanying notes form an integral part of, and should be read in conjunction with, this statement.
|
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|
