30.11.2014 Views

An Economic Analysis of GRDC Investment in the - Grains Research ...

An Economic Analysis of GRDC Investment in the - Grains Research ...

An Economic Analysis of GRDC Investment in the - Grains Research ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Table 5: Total <strong>Investment</strong> <strong>in</strong> Project CSP00017 for Years end<strong>in</strong>g June (nom<strong>in</strong>al $)<br />

Year <strong>GRDC</strong> CSIRO Total<br />

2003 513,063 872,100 1,385,163<br />

2004 506,953 973,800 1,480,753<br />

2005 542,139 1,015,900 1,558,039<br />

2006 556,318 1,083,400 1,639,718<br />

2007 558,847 1,130,000 1,688,047<br />

Total 2,677,320 5,075,200 7,752,520<br />

Source: Project proposal<br />

Table 6: Total <strong>Investment</strong> <strong>in</strong> Core Activities (four projects) <strong>of</strong> <strong>the</strong> Program (Years end<strong>in</strong>g<br />

June) (nom<strong>in</strong>al $)<br />

Year <strong>GRDC</strong> University NSW O<strong>the</strong>r Total<br />

<strong>of</strong> Sydney DPI<br />

2003 1,759,468 2,963,678 90,860 1,172,100 5,986,106<br />

2004 1,805,917 3,107,847 93,100 1,273,800 6,280,664<br />

2005 2,105,394 3,927,064 110,300 1,315,900 7,458,658<br />

2006 2,157,906 4,030,622 113,000 1,383,400 7,684,928<br />

2007 2,173,625 4,214,829 115,900 1,430,000 7,934,354<br />

Total 10,002,310 18,244,040 523,160 6,575,200 35,344,710<br />

(a) Includes CIMMYT and CSIRO<br />

Source: Additions <strong>of</strong> figures <strong>in</strong> Tables 2 to 5 above<br />

For <strong>the</strong> four projects reported above, <strong>GRDC</strong> has contributed 28% <strong>of</strong> resources <strong>in</strong> nom<strong>in</strong>al<br />

terms with <strong>the</strong> rema<strong>in</strong><strong>in</strong>g support provided by <strong>the</strong> host organizations. Fur<strong>the</strong>r fund<strong>in</strong>g <strong>of</strong><br />

<strong>the</strong> ACRCP is ga<strong>in</strong>ed from private contracts that enhance <strong>the</strong> program but are fully selffunded.<br />

Table 7 summarises <strong>the</strong> total <strong>in</strong>vestment over <strong>the</strong> entire period.<br />

________________________________________________________________________________<br />

Agtrans <strong>Research</strong> Page 7

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!