FINANCIALS 2019
Operational
expenses
9.4 %
Occupancy
& Property
7.0 %
Other expenses
7.2 % EXPENSES
Employee costs
76.4 %
Statement of Profit or Loss and Other Comprehensive Income
for the Financial Year Ended 31 December 2019
Note 2019 2018
$ $
Continuing operations
Revenue from fees 5 (i) 73,110,255 70,265,450
Revenue from non-capital government funding 5 (ii) 61,726,995 59,516,018
Other revenue 5 (iii) 7,951,503 6,106,500
142,788,753 135,887,968
KU
20
19
Employee costs 109,064,327 104,823,962
Operational expenses 13,466,670 11,580,401
Occupancy expenses 5,860,354 6,529,944
Depreciation & amortisation 5 (v) 4,260,824 1,812,926
Administrative expenses 5,311,033 5,210,013
Repairs & maintenance 1,772,001 2,059,261
Marketing expenses 633,485 615,700
Finance costs 5 (v) 480,477 23,110
Other expenses 1,443,643 1,319,680
142,292,814 133,974,997
Surplus from ordinary operations 495,939 1,912,971
Other Income
Government capital grant funding 5 (iv) 435,676 945,908
Surplus for the year 21 931,615 2,858,879
Total comprehensive income for the year 931,615 2,858,879
The Statement of Profit or Loss and Other Comprehensive Income is to be read in conjunction with the notes.
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