Page 20 - Here For You: Our Work in 2014
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West Midlands Police Federation Summary Financial Statements Summary income and expenditure 2014 2013 £’000 £’000 Income 771 756 Administrative expenses 558 528 Operating surplus 213 228 Gain on investments 64 93 277 321 The 2014 operating surplus was lower due to two factors Becoming self-sufficient not relying on funding from West Midlands Police. A continuation in the trend of falling police numbers means that this is likely to reduce in future. 20 47905 WMPF Annual Report 2014.indd 20 30/04/2015 12:06