Report to the Community 2013 - Page 30

FINANCIAL STATEMENTS STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME For The Year Ended 31 December 2013 MELBOURNE INTERNATIONAL FESTIVAL OF THE ARTS LIMITED (Limited by Guarantee) A.B.N. 41 058 535 863 2013 2012 $ $ Revenue 12,614,753 11,595,302 Other Income 105,340 124,331 Production expenses (5,382,908) (5,075,679) Marketing & Development expenses (1,339,104) (1,220,281) Occupancy expenses (436,203) (372,318) Administration expenses (650,741) (792,975) Finance costs (37,694) (32,598) Employee Benefits expense (2,609,077) (2,482,469) Contra expenses (2,387,820) (1,912,618) Surplus/(Loss) before income tax (123,454) (169,305) Income tax expense - - SURPLUS/(LOSS) FOR THE YEAR (123,454) (169,305) TOTAL COMPREHENSIVE INCOME FOR THE YEAR (123,454) (169,305) TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO MEMBERS (123,454) (169,305) 30