Financial statement

The final income and expenditure statement for 1997 indicates a surplus which is almost entirely attributable to funds received from the Pro Vice Chancellor, which were the same in 1997 ($50,000) as in 1996. The E & F White Conference Grant from the Academy of Sciences was used to fund a Scintillation Workshop in August.

Income and Expenditure Statement
for the year ending 31 December 1997

1997 Research Grant 540,000

Mechanism A 23,959

Pro VC funds 50,000

E & F White Conference Grant 9,000

School of Physics Distinguished Scholars 3,000

Sundry Income (Note 1) 800

Total 1997 Income 652,595 652,595 Expenditure

Salaries 442,398 Maintenance 13,814

Advisory Board 1,595

Books & Journals 8,407

Staff Travel 30,752

International Visitor Program 16,499

Other Visitors 9,373

Conferences/Workshops 15,137

Computing 38,947 Consumables (Note 2) 15,906

Vacation scholarships 12,467

Total 1997 Expenditure 605,295 605,295

Accumulations to be carried forward to 1998 47,300

Note 1: This figure includes the proceeds from the sale of textbooks to students at cost.

Note 2: The School of Physics also provides consumables to the Research Centre at no charge, including fax and photocopying services.