Berry Street Web Docs Berry Street Annual Report 2011 | Page 31

INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE 2011
2011
$

2010
$

Government and other grants

50,119,971

48,230,709

Charitable and fundraising revenue

2,963,799

1,212,630

100,000

100,000

Revenue from operating activities

Proceeds from bequests

464,304

411,202

Other revenue

4,292,948

3,493,791

Total revenue

57,941,022

53,448,332

(40,719,775)

(34,812,517)

(3,396,776)

(3,036,556)

(457,200)

(460,236)

-

-

Income from Investments

Expenses from operating activities
Employee benefits expense
Depreciation and amortisation
Finance costs
Bad debts
Doubtful debts
Fundraising expense

(14,104)

(14,293)

(495,733)

(321,657)

Vehicle running expense

(1,925,042)

(1,790,164)

Occupancy expense

(3,804,885)

(3,068,037)

Clients’ expense

(1,852,390)

(2,060,614)

Training expense

(1,013,111)

(814,729)

Audit, legal and consultancy expense

(422,358)

(635,899)

Administration expense

(2,318,021)

(2,168,163)

Other expenses

(2,562,119)

(2,258,646)

Total expenses

(58,981,514)

(51,441,511)

Operating profit

(1,040,492)

2,006,821

Income from investments

1,042,179

656,304

Proceeds from bequests

550,250

1,074,049

-

10,221

Revenue from non operating activities

Profit /(loss) on sale of investments
Unrealised capital gain on investments
Gain /(loss) on sale of non current assets
Capital grants
Rental rebate
Total non oper