The University of Waikato’s educational performance improved overall compared with 2011 results. Waikato’s financial performance remained strong in 2012 exceeding most TEC guidelines.
In the Annual Report, Chancellor Rt Hon Jim Bolger and Vice-Chancellor Professor Roy Crawford both highlighted the improvement in Waikato’s position in international rankings and the progress being made in the development of a university-led campus in Tauranga in partnership with Bay of Plenty Polytechnic and Te Whare Wānanga o Awanuiārangi. The Chancellor set the development in the context of the university’s commitment to the Bay of Plenty and its partnership with business, civic and community groups in developing new opportunities. This includes an agreement in principle by the Tauranga City Council for the use of Crown-owned land and an agreement with Scion to enable collaboration in research and teaching. In 2012, the council also approved a multi-million-dollar Law and Management building in Hillcrest Road that will contribute to a ‘corridor’ of iconic buildings on the campus.
The Vice-Chancellor considered that developments in 2012 reflected the university’s importance to the region and nation, and its standing internationally. The university strengthened its connections globally through engagements with Columbia University and Queen’s University in Belfast and visits to Taiwan and India. The Vice-Chancellor also highlighted the quality of the university’s research and its success in gaining contestable funds from the Marsden Fund and the Ministry of Business, Innovation and Employment. An economic impact study found that the university and its students generated $770 million in the Waikato economy over one year, and spending by the university generated $836 million in the New Zealand economy.
Waikato’s enrolments increased by 1 percent (116 EFTS) in 2012. Delivery was primarily focused at Levels 7–8 (89%) and Levels 9–10 (10%). Waikato’s main fields of study were Society and Culture (34%), Education (22%) and Management and Commerce (17%).
TES priority group participation (Māori, Pasifika and under-25-year-olds) improved in 2012. Māori participation (22%) remained strong and was well above the university sector average (10%), while Pasifika participation was on par with the sector average. In 2012, Waikato had 1460 full fee-paying international EFTS (2499 students).
Waikato’s educational performance indicators were above or on par with the university sector average, with improvements in qualification completion and student retention on the previous year.
Performance of the TES priority groups was generally on par with the university sector average, with Pasifika course completion being only slightly below. Course completion by Māori was above the university sector average at 81 percent. Qualification completion for Pasifika at 70 percent was also above the university sector average.
Ian Fitzgerald was appointed to the university council in December 2012 by the Minister for Tertiary Education, Skills and Employment to replace Peter Schuyt whose term of office had come to an end. Timoti te Heuheu died in 2012 and Kingi Turner, Chair of Te Ropu Manukura, has been appointed to the council in his place.
Total revenue decreased by $1.3 million (0.6%) from 2011 to 2012. Although there was an increase of $1.6 million in the overall revenue from student tuition fees, this was offset by a decrease in other income. Total expenditure increased by $1.5 million (0.7%) in the same period, with a decrease of $2.1 million in personnel costs offset by increases in other costs.
Waikato reported a net surplus of $5.8 million (2.6%), which was down on the 2011 result of $8.8 million (3.9%).
|2012 Performance||Waikato||University |
|Students under 25||67%||73%|
|2012 Performance||Waikato||University |
|Students under 25||86%||86%|
|2012 Performance||aikato||University |
|Students under 25||72%||72%|
|Overview of Educational Performance – Formal SAC Funded EFTS only|
|Enrolments||% of University sector||2010||2011||2012|
|Educational Performance Indicators||University sector||2010||2011||2012|
|Successful Course Completion||86%||87%||87%||86%|
|Student Progression L1-4||62%||87%||85%||0%|
|Overview of Financial Performance*|
|Summary Financial Statements ($000)||2010||2011||2012|
|Total government revenue||$93,641||$97,642||$98,005|
|Domestic student fees||$38,618||$40,590||$42,714|
|International student fees||$26,419||$26,663||$26,100|
|Other income (including research)||$53,057||$59,362||$56,096|
|Net surplus (after unusual and non-recurring items)||$8,854||$8,805||$5,831|
|Property, plant, equipment and intangibles||$358,742||$357,947||$364,349|
|Equity (net assets)||$338,927||$337,109||$342,947|
|Net cashflow from operations||$30,903||$26,646||$29,035|
|Purchase of property, plant, equipment and intangibles||$27,029||$29,085||$29,068|
|Total EFTS to total staff FTE ratio||7 : 1||7 : 1||7 : 1|
|Total EFTS to teaching staff FTE ratio (academic and tutorial)||17 : 1||18 : 1||18 : 1|