2016 2017 · 2016 2017. over the year, steady growth in numbers of ib world schools has continued....

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Financial Overview 2016 2017

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Page 1: 2016 2017 · 2016 2017. Over the year, steady growth in numbers of IB World Schools has continued. This has helped to drive steady increases in the income we received from all our

Financia l O ver view

20162017

Page 2: 2016 2017 · 2016 2017. Over the year, steady growth in numbers of IB World Schools has continued. This has helped to drive steady increases in the income we received from all our

Over the year, steady growth in numbers of IB World Schools has continued. This has helped to drive steady increases in the income we received from all our revenue streams including assessment, annual fees and workshops.

The result is that the IB is now in a better financial position, and we can look to the future with confidence.

Balance sheetJun-16

US$ millionsJun-17

US$ millionsTotal assets 167.1 215.9Total liabilities 84.9 91.1Net assets 82.2 124.8

Summary2015–2015

US$ millions2016–2017

US$ millionsRevenue 201.5 213.5Variable cost 62.5 65.2Gross margin 139.1 148.3Gross margin % 69.0% 69.5%

Fixed costs 106.3 93.0Depreciation 15.4 12.1

Surplus 17.3 43.2

FINANCIALS

Page 3: 2016 2017 · 2016 2017. Over the year, steady growth in numbers of IB World Schools has continued. This has helped to drive steady increases in the income we received from all our

Income summaryU

S$ m

illio

ns

FY 15/16 FY 16/17

-11%

0%

+8%

+11%

+8%

+6% +48%

Total growth (US$ Mil)

FY 15/16 FY 16/17

201.5

213.5

+6%

Authorization Workshops Conferences Assessment AnnualFees

Publishing Other

18.816.8

35.8 35.8

4.4 4.8

91.8

101.7

46.950.5

2.5 2.7 0.9 1.3

Page 4: 2016 2017 · 2016 2017. Over the year, steady growth in numbers of IB World Schools has continued. This has helped to drive steady increases in the income we received from all our

©International Baccalaureate Organization 2018International Baccalaureate® | Baccalauréat International® | Bachillerato Internacional®