The 2007-08 revenue of $8.621m was 0.4% greater than that for 2006-07, partly resulting from a 3.83% increase in NICNAS’s fees and charges. The revenue was impacted by a reduction in the category and number of assessment applications received during 2007-08.

 

2007-08 expenses of $8.105m are 3.9% greater than those for 2006-07 and included a 4.2% increase to salaries, resulting from collective agreement 5. There were several senior level staff vacancies during the year, resulting in some delays to activities and a reduction in both employees’ and suppliers’ expenditure.