2022 |
2021 |
||
$ |
$ |
||
( i ) |
Revenue from fees |
||
Parent ’ s fees |
57,410,441 |
55,860,347 |
|
( ii ) Revenue from non-capital government funding Government funding |
85,537,446 |
77,709,332 |
|
( iii ) Other revenue Other revenue from ordinary operations consisted of the following items : Management fees |
1,821,935 |
1,883,424 |
|
Gross fundraising income |
177,623 |
153,777 |
|
Interest income |
492,074 |
98,095 |
|
Consultancy fees |
902,800 |
847,260 |
|
Sales of publications and courses |
69,078 |
196,500 |
|
Sponsor support |
1,799,112 |
2,781,821 |
|
Other sundry revenue |
395,397 |
569,188 |
|
5,658,019 |
6,530,065 |
||
( iv ) Other income Government capital grant funding |
414,816 |
1,049,816 |
|
( v ) |
Deficit |
||
|
Deficit has been arrived at after charging the following items : Depreciation
Property , plant and equipment
|
( 2,911,915 ) |
( 2,309,391 ) |
|
Right-of-Use Assets |
( 2,014,569 ) |
( 3,070,980 ) |
|
Total depreciation |
( 4,926,484 ) |
( 5,380,371 ) |
|
Total depreciation |
( 4,926,484 ) |
( 5,380,371 ) |
|
Net expected credit losses and bad debts written off |
( 15,124 ) |
( 19,762 ) |
|
Finance costs Interest and finance charges paid / payable |
( 473 ) |
( 656 ) |
|
Interest on Right-of-Use assets |
( 228,201 ) |
( 326,604 ) |
|
( 228,674 ) |
( 327,260 ) |
||
Gain /( Loss ) on disposal of assets |
5,610 |
( 601,241 ) |
|