Each PMSA school operates independently and is responsible for the school’s financial budget and performance. Each school has independent income, expenditure, budgets and targets. The income that each school receives from tuition fees, donations and government grants is used entirely to operate and develop that school.
The PMSA works to ensure the the group performance is achieved and optimised through a range of defined oversight and governance processes and prudent financial management. The PMSA is able to leverage the consolidated schools’ size and strength to maximise the benefit for each school.
Like other schools that are a part of a larger group of schools, the PMSA reports and operates as a consolidated not-for-profit organisation and provides only the consolidated annual report. The following are the audited Consolidated Annual Reports for the PMSA