2016 2017 · 2016 2017. over the year, steady growth in numbers of ib world schools has continued....
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Financia l O ver view
20162017
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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
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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
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