ABA_2022-23Annual_Report | Page 19

STATEMENT OF OPERATIONS

STATEMENT OF OPERATIONS
For The Year Ended 30 June 2023
2023
2022
INCOME Grant Funding
4,833,536
2,538,576
Annual Conference & R & D Forum
473,902
0
Marketing Contributions
2,551,516
2,021,322
Memberships
59,150
51,091
Sponsorship & Advertising
29,687
32,247
Sales
1,571
1,290
Crop Sales
417,278
321,163
Budwood Sales
315,328
292,648
Royalties
205,859
358,322
Recharges
159,422
207,066
Interest Earned
16,735
3,334
Profit on Sale of Non-Current Assets
12,091
5,434
Sundry Income
847
5,000
TOTAL INCOME
9,076,921
5,837,493
EXPENDITURE Staff Costs
1,525,225
1,363,945
Chairman ' s Allowance
36,372
36,364
Training & Development
11,277
10,277
Administration
634,139
581,128
Advertising / Media
552,149
290,238
Consultancy
212,995
26,956
Travel
86,117
86,190
R & D Establishment
19,183
39,548
Budwood & Evaluation
417,447
329,916
Site Operations & Management
226,974
245,591
Contractors / Agency Staff
157,698
84,496
Voluntary Contributions
2,655,724
730,617
Affiliation Fees
71,336
43,409
Donations / Sponsorships
23,500
24,500
Royalties
120,467
178,856
Meetings Expense
65,496
39,781
Field Days / Workshops
26,551
21,341
Annual Conference & R & D Forum
342,945
1,280
Market Access & QA
26,961
24,413
Market Research
418,361
37,550
Marketing Program Management
188,561
213,157
Export Activities
1,137,699
358,537
Trade Shows & Events
52,495
29,541
International trips / Study Tours
232,846
0
Importations
1,200
1,200
Sundry / Other Expenses
8,722
42,162
TOTAL EXPENDITURE
9,252,439
4,840,994
NET SURPLUS /( DEFICIT ) -175,517 996,499
2022 / 23 ABA ANNUAL REPORT 19