geoff hawkings - Waiariki Institute of Technology
geoff hawkings - Waiariki Institute of Technology
geoff hawkings - Waiariki Institute of Technology
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Five Year Financial Performance Summary<br />
Proportion <strong>of</strong> government grants to:<br />
2006 2005 2004 2003 2002<br />
Total Income (%) 58.38% 60.36% 56.03% 55.68% 52.65%<br />
Total Cost <strong>of</strong> Operations per EFTS $10,838 $8,942 $9,347 $8,630 $9,375<br />
Average Government Grant per EFTS $6,761 $5,834 $5,680 $5,199 $4,847<br />
Debt (as a percentage <strong>of</strong> net assets) 0.34% 0.90% 3.04% 2.99% 6.19%<br />
Debt per EFTS $55.88 $92.59 $324.29 $288.12 $512.75<br />
Government Grants ($000) 15,970 16,696 15,292 15,104 13,111<br />
Net Surplus/(Deficit) ($000) 495 646 769 807 (761)<br />
Working Capital Surplus/(Deficit) ($000) 1,428 (462) (1,166) (1,690) (2,801)<br />
Net Assets ($000) 39,060 29,334 28,688 27,938 22,402<br />
EFTS 2,362 2,862 2,692 2,905 2,705<br />
2006 ANNUAL REPORT 47
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