|  Notes to the Financial Statements Note 12: Investments | | Consolidated | | University | | | This Year | Last Year | | This Year | Last Year | | | $000 | $000 | | $000 | $000 | Strategic Investments | NZ Tec Consortium Limited | 20 | 20 | | 20 | 20 | NZ Synchrotron Group Limited | 198 | 74 | | 198 | 74 | Hamilton Fibre Network (HFN) Limited | 32 | - | | 32 | - | Titanox Development Limited | 194 | 194 | | - | - | | Investments in Subsidiaries | WaikatoLink Limited | - | - | | 2,000 | 2,000 | | | | 444 | 288 | | 2,250 | 2,094 | | |