2021 |
2020 |
||
$ |
$ |
||
( i ) |
Revenue from fees |
||
Parent ’ s fees |
55,860,347 |
47,586,284 |
|
( ii ) Revenue from non-capital government funding Government funding |
77,709,332 |
103,116,169 |
|
( iii ) Other revenue Other revenue from ordinary operations consisted of the following items : Management fees |
1,883,424 |
1,941,717 |
|
Gross fundraising income |
153,777 |
151,775 |
|
Interest income |
98,095 |
255,283 |
|
Consultancy fees |
847,260 |
592,427 |
|
Sales of publications and courses |
196,500 |
40,908 |
|
Sponsor support |
2,781,821 |
783,352 |
|
Other sundry revenue |
569,188 |
355,341 |
|
Gain on disposal of assets |
- |
7,793 |
|
6,530,065 |
4,128,596 |
||
( iv ) Other income Government capital grant funding |
1,049,816 |
169,593 |
|
|
( v ) Surplus ( Deficit )/ Surplus has been arrived at after charging the following items : Depreciation
Property , plant and equipment
|
( 2,309,391 ) |
( 2,317,078 ) |
|
Right-of-Use Assets |
( 3,070,980 ) |
( 2,832,255 ) |
|
Total depreciation |
( 5,380,371 ) |
( 5,149,333 ) |
|
Amortisation Intangible Assets |
- |
- |
|
Total amortisation |
- |
- |
|
Total depreciation and amortisation |
( 5,380,371 ) |
( 5,149,333 ) |
|
Net expected credit losses and bad debts written off |
( 19,762 ) |
( 13,299 ) |
|
Finance costs Interest and finance charges paid / payable |
( 656 ) |
( 768 ) |
|
Interest on Right-of-Use assets |
( 326,604 ) |
( 484,232 ) |
|
( 327,260 ) |
( 485,000 ) |
||