FINANCIALS

ANNUAL INCOME Other Income

4%

Federal and State Government subsidy

17%

Tuition income

79%

ANNUAL EXPENDITURE Operating Costs

7%

Tuition Resources

5%

Information and Learning Technology

2%

Maintenance 2% Boarding Services

3%

Depreciation and Interest

7%

Salaries 74%

MLC 路 Annual Report 2015

15