FINANCIALS
Occupancy
& Property
5.7 %
Other expenses
7 %
EXPENSES
Operational
expenses
10.8 %
Employee costs
76.5 %
Statement of Profit or Loss and Other Comprehensive Income
for the Financial Year Ended 31 December 2017
Note
KU
20
17
2017 2016
$ $
Continuing operations
Revenue from fees 5 (i) 71,416,085 78,218,348
Revenue from non-capital government funding 5 (ii) 59,769,013 44,976,663
Other revenue 5 (iii) 6,611,217 5,927,112
137,796,315 129,122,123
101,038,160 93,832,304
Operational expenses 14,229,106 13,459,750
Occupancy expenses 5,653,740 5,543,723
1,778,827 1,933,337
Administrative expenses 5,372,332 5,428,189
Repairs & maintenance 1,879,398 1,887,880
528,338 447,286
24,540 30,770
1,561,772 1,270,062
132,066,213 123,833,301
5,730,102 5,288,822
5 (iv) 7,978 274,410
5 5,738,080 5,563,232
5,738,080 5,563,232
Employee costs
Depreciation & amortisation
5 (v)
Marketing expenses
Finance costs
5 (v)
Other expenses
Surplus from ordinary operations
Other Income
Government capital grant funding
Surplus for the year
Total comprehensive income for the year
The Statement of Profit or Loss and Other Comprehensive Income is to be read in conjunction with the notes.
8