Annual report 2012
Notes to the
financial statements
For the year ended
31 December 2012
2
Income
Group Group Parent Parent
2012 2011 2012 2011
$’000 $’000 $’000 $’000
(a) Government funding
Student Achievement Component Funding
133,384 132,091 133,440 132,091
Quality Reinvestment Plan
-
367
-
367
Performance Based Research Fund
163
160
163
160
Other government funding
1,613
2,259
1,613
2,259
Total government funding
135,160 134,877 135,216 134,877
(b) Tuition fees
Fees from domestic Tauira
5,216
5,866
5,216
5,866
Fees from international Tauira
681
420
-
-
Total tuition fees
5,897
6,286
5,216
5,866
(c) Other income
Contract income*
2,732
1,771
2,732
1,771
Profit on sale of property, plant and equipment
101
367
89
367
Found property, plant and equipment
959
-
959
-
Other income
Rental income
309
336
309
336
Canteen sales
114
724
114
724
Sales to Open Wānanga Limited
-
148
1,275
1,470
Donation from Open Wānanga Limited
-
-
5,413
6,468
Dividends from external sources
3
2
3
2
Miscellaneous income
3,810
3,038
4,124
2,980
Total other income
8,028
6,386
15,018
14,118
*Contract income relates to licences and subcontracting arrangements that Te Wānanga o Aotearoa has with other
institutions.
3
Personnel costs
Group Group Parent Parent
2012 2011 2012 2011
$’000 $’000 $’000 $’000
Wages and salaries
84,443 80,793 75,491 73,229
Employer contributions to defined contribution plans*
781
730
694
635
Increase/(decrease) in employee sick leave
72
6
18
6
Total personnel costs
85,296
81,529
76,203
73,870
*Employer contributions to defined contribution plans include contributions to Kiwisaver.
87
