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2011/12 Baycrest and Baycrest Foundation Annual Report

Baycrest Health Sciences & Baycrest Foundation Publications

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2011/12 BAYCREST FINANCIAL SUMMARY Year ended March 31, 2012 For a copy of Baycrest's audited financial statements, call Public Affairs, 416-785-2500, ext. 2645. REVENUE BY ORGANIZATION 4% Other 12% Research 53% Hospital EXPENSES BY ORGANIZATION 4% Other 12% Research 50% Hospital 25% Apotex 6% Terraces/Wagman 28% Apotex 6% Terraces/Wagman REVENUES BY SOURCE 5% Other revenue 6% Other grants 13% Client revenues 63% Provincial grants 1% Interest expense 4% Depreciation 73% Salaries & benefits EXPENSES BY TYPE 11% Foundation grants 2% Commercial activities 18% Operating expenses 4% Medical supplies/drugs 2011/12 Baycrest and Baycrest Foundation Annual Report 37

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