ANNUAL REPORT 2006 EXCELLENCE IN TEACHING AND RESEARCH Rua Quatá, 300 - Vila Olímpia - 04546-042 - São Paulo - SP - Brazil Tel.: 55 11 4504-2400 - www.ibmecsp.edu.br E-mail:
[email protected] Ibmec São Paulo in Numbers Financial Indicators (in thousand reais)* 2004 2005 2006 Gross Revenue 38,131 47,828 62,601 Direct Expenses 18,360 21,259 24,625 Operational Margin 16,163 21,945 31,988 Indirect Expenses 5,763 7,594 10,580 General and Institutional Expenses 6,834 9,669 13,698 Administrative Surplus 4,896 7,666 9,795 Cash Position 5,328 12,305 17,656 Scholarship Fund (3) 2,138 2,178 Annual Report 2006 Investments – Total 1,115 10,768 15,028 Donations – Scholarship Fund - 2,089 314 Donations – Other - 8,725 1,740 Donations – Total - 10,814 2,054 * Administrative View, not considering accounting adjustments New group of accounts, adopted in 2006 Revenues in 2006 Total Revenue per Business Unit, in R$ million 80,000 62,601 Undergraduate Graduate 60,000 48% 35% 47,828 40,000 38,131 Executive Education 1% 20,000 Distance Learning 2% Corporate Programs 14% 0 2004 2005 2006 Monitoring of Goals - 2006 Description Goal Accomplished % Variation Total Revenues (R$ 000) 62,100 62,601 1% Managerial Surplus (R$ 000) 8,200 8,120 -1% Managerial Surplus / Total Revenues (%) 15% 14.3% -4% New Students in Graduate Programs 1,080 1,168 8% Scholarship Fund 2004 2005 2006 Starting Balance (-) Scholarship Awarded (28) (1) 2,170 Scholarship Awarded (85) (217) (495) Refund 16 49 44 Investiments 95 2,307 502 Ending Balance (Remunerated) (1) 2,170 2,550 Scholarship