H1

The PSLRB’s total financial expenses for 2011-12 were $15.4 million. One-half of those funds, $7.7 million, were spent on adjudication services. Compensation analysis and research services represented $1.7 million (11%) of the total expenses; mediation services represented $1.2 million (8%) of the total expenses. Internal services represented $4.7 million (31%) of the total expenses.