Crown Research Institute Statistics: Year ended 30 June 2010

Embargoed until 10:45am  –  01 December 2010

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Media release  – 
Income slows for Crown research institutes

Highlights

  • Crown research institutes (CRIs) recorded an increase in operating income of $9.9 million to $687.9 million for the year ended June 2010.

 

  • Operating expenses increased by $4.7 million to $657.4 million.

 

  • Operating surplus (before tax) was $30.4 million in the year ended June 2010, up $5.3 million from the year ended June 2009.

 

  • Taxes paid by CRIs increased by $33.7 million, reaching $40.0 million.

 

  • CRIs recorded a deficit after taxation of $12.4 million compared to a surplus of $12.5 million in the June 2009 year.

 

  • Total assets were valued at $713.9 million at 30 June 2010; up $12.0 million from the previous year.
 Graph, Total operating income.
Graph, Total operating expenses.
 
Geoff Bascand 1 December 2010
Government Statistician ISSN 1178-0460

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