2009 financial overview

Analysis of Expenditure

Year Ended 31/03/2008 Year Ended 31/03/2009
£000s % % of Total Expenditure £000s % % of Total Expenditure
             
Staffing Costs 1,040 100% 65% 1,083 100% 68%
             
Operating Costs
Admistration (1) 398 69% 24% 334 69% 21%
Travel Expenses 12 2% 1% 12 2% 1%
Property 73 13% 4% 74 15% 5%
Audit 15 3% 1% 16 3% 1%
Depreciation 66 12% 4% 43 9% 3%
Notional Cost of Capital 9 1% 1% 9 2% 0%
             
Operating Costs 573 100% 35% 488 100% 31%
             
Total Operating Expenditure 1,613 99% 1,571 99%
             
Capital Expenditure
Fixed Assets:
IT Systems 18 78% 1% 13 57% 1%
Fixtures and Fixings 4 18% 0% 0 0% 1%
Buildings 0 0% 0% 7 30% 0%
             
Intangibles:
Other 1 4% 0% 3 13% 0%
             
Capital Expenditure 23 100% 1% 23 100% 1%
Total Expenditure 1,636 100% 1,594 100%
Summary
Staffing Costs 1,040 64% 1,083 68%
Operating Costs (1) 573 35% 488 31%
Capital Expenditure 23 1% 23 1%
Total Expenditure 1,636 100% 1,594 100%

Including advertising costs, research, publications and promotion.
Including rent and rates.

(1) Includes legal costs of £92,000 (2007: £188,000) incurred in defending Appeals to the Court of Session.
Full accounts, audited by Grant Thornton UK LLP, are available on my website www.itspublicknowledge.info or by contacting my Office.