The adjusted operating profit for Elsevier in 2017 – £2,284,000,000 (NZ$4,354,902,800)[1]

The Marsden fund (by far the largest source of NZ research funds) – NZ$84,800,000[2]

(84,800,000/4,354,902,800)*100 = 1.94%

Elsevier’s profits could fund the equivalent research output of 50 New Zealands.

[1] https://www.relx.com/~/media/Files/R/RELX-Group/documents/press-releases/2018/relx-group-results-2017-pressrelease.pdf

[2] https://royalsociety.org.nz/news/marsden-fund-preliminary-proposals-for-2017/


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