2020 |
2019 |
||
$ |
$ |
||
( i ) |
Revenue from fees |
||
Parent ’ s fees |
47,586,284 |
73,110,255 |
|
( ii ) Revenue from non-capital government funding Government funding |
103 , 116,169 |
61,726,995 |
|
( iii ) Other revenue Other revenue from ordinary operations consisted of the following items : Management fees |
1,941,717 |
1,945,938 |
|
Gross fundraising income |
151,775 |
330,504 |
|
Interest income |
255,283 |
736,787 |
|
Consultancy fees |
592,427 |
667,780 |
|
Sales of publications and courses |
40,908 |
261,913 |
|
Sponsor support |
783,352 |
2,773,670 |
|
Other sundry revenue |
363,134 |
1,234,911 |
|
4,128,596 |
7,951,503 |
||
( iv ) Other income Government capital grant funding |
169,593 |
435,676 |
|
|
( v ) Surplus Surplus has been arrived at after charging the following items : Depreciation
Property , plant and equipment
|
( 2,317,078 ) |
( 1,861,461 ) |
|
Right-of-Use Assets |
( 2,832,255 ) |
( 2,199,423 ) |
|
Total depreciation |
( 5,149,333 ) |
( 4,060,884 ) |
|
Amortisation Intangible Assets |
( 183,460 ) |
( 199,940 ) |
|
Total amortisation |
( 183,460 ) |
( 199,940 ) |
|
Total depreciation and amortisation |
( 5,332,793 ) |
( 4,260,824 ) |
|
Net expected credit losses and bad debts written off |
( 13,299 ) |
( 22,995 ) |
|
Finance costs Interest and finance charges paid / payable |
( 768 ) |
( 1,252 ) |
|
Interest on Right-of-Use assets |
( 484,232 ) |
( 479,225 ) |
|
( 485,000 ) |
( 480,477 ) |
||
Gain on disposal of assets |
7,793 |
- |
|