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.
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