Table 2.
Revenue generation and expenditure at HMH, 2000-09 (Source annual reports and accounting records HMH)
| 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue generated (Ghana Cedi) | 166,654 | 158,581 | 195,497 | 249,748 | 298,853 | 317,709 | 377,973 | 730,670 | 1,316,638 | 1,387,883 |
| Total expenditure (Ghana Cedi) | 148,491 | 140,738 | 200,509 | 228,597 | 276,615 | 309,531 | 310,469 | 656,643 | 1,186,927 | 1,389,009 |
| % of revenue spent | 89.1 | 88.7 | 102.6 | 91.5 | 92.6 | 97.4 | 82.1 | 89.9 | 90.1 | 100.1 |
Note: Exchange rate: 100 Ghana Cedis = approximately US$ 70