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CRIs account for their income and spending and all that jazz
CRIs account for their income and spending and all that jazz (Statistics NZ)
By Peter Kerr for sticK
(sticK - 1 Dec. 2010 ) It often seems like a cute CRI contrivance - operating surpluses, taxes and profit/losses - seeing as the research institutes obtain a majority of their income from government funding anyway……
But Statistics NZ has collated the figures from the (now) eight CRIs, and declared that collectively they've recorded an almost $10m increase in operating income to $687.9m for the year ended June 2010.
The same CRIs all reported earlier this that changes to the government's property depreciation regime was going to impact on their bottom lines.
For sticK – science, technology, innovation &
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Peter Kerr
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