SCET has once again exceeded its financial targets for the year, earninga surplus slightly in excess of budget. In particular, the growth of SCET'snon grant income has continued with an increase of 7% over the previousyear being evident.

SCET sources of income

Income Total - £3,932,350

SOEID general activity grant	35%
Local authority general activity grant	1%
Earnings for services to education authorities	20%	(1)
Contracts & consultancy	28%	(2)
Other sales & services	10%
Premises	6%

Where the money goes

Expenditure total - £3,886,592

Employee costs	59%
Other costs	28%	(3)
Property costs	3%
Asset costs	4%
Travel/meetings expenses	4%
Staff development	2%

Further details of SCET's financial performance may be obtained withinthe company's Report and Accounts, copies of which are available from SCET.

Notes to figures:

(1) Includes some income from SCAMP, sales of software,training and publications.

(2) Includes contracts with SOEID, other government andcorporate organisations, and income from the distribution of video andtraining materials.

(3) Includes the cost of materials production and generaladministrative costs.