Annual Report 2009 (PDF 2 MB) - Wellington Institute of Technology

Performance Targets 2008 Actual 2009 Target 2009 AchievementsTotal EFTS 4,417 4,502 4,465Total Students 10,928 10,747Student/EFTS ratio 2.47:1 2.41:1EFTS:FTE Academic Staff 21:1 21:1 24:1Total Revenue ($,000s) 49,286 47,848 49,291Operating Surplus ($,000s) 2,400 2,393 4,555Net Surplus ($,000s) 621 1,543 3,747International EFTS 330 378 328International Funding ($,000s) 3,504 4,672 4,245Total Revenue/Total Assets (%) 68.6% 65.5% 63.7%Net Surplus/Total Assets (%) 0.9% 2.1% 4.8%Operating Surplus/Total Revenue (%) 4.9% 5.0% 9.2%STATEMENT OF OBJECTIVES AND SERVICE PERFORMANCENet Profit/Total Revenue (%) 1.3% 3.2% 7.6%Income/EFTS ($) 11,158 10,628 11,039Operating Expenses/EFTS ($) 10,615 10,097 10,019Total Assets/Total EFTS ($) 16,270 16,229 17,329Net Surplus/Total Revenue (%) 1.3% 3.2% 7.6%Net Surplus/Total Assets (%) 0.9% 2.1% 4.8%Net Surplus/Total Equity (%) 1.0% 2.6% 5.8%Working Capital % 143.2% 68.8% 147.8%Operating Cashflow in/out (%) 110.6% 121.9% 125.5%6.2 Capability Development – Developing an Achievement CulturePLANNED ACTIONACHIEVEMENTAchieve the agreed 2007 SBC capability and efficiency relatedoutcomesAchievedWELLINGTON INSTITUTE OF TECHNOLOGY | 2009 ANNUAL REPORT25