Year In Review — 2023-24 | Page 43

Financials

� INCOME SOURCES
Australian Government $ 15,638,381
Queensland Government $ 3,231,369
IN 2023-24 , NQ DRY TROPICS RECEIVED CO-CONTRIBUTIONS WORTH
SPENT

$ 7,933,024

$ 17,577,708

DELIVERING PROJECT ACTIVITIES
� EXPENDITURE ANALYSIS
Indirect Project and Support Costs $ 3,065,021
Grants and Incentives to Farmers $ 3,009,063
Miscellaneous Income $ 70,466
Interest $ 389,739
Non-Government Sources $ 756,656
Direct Project Employment Costs $ 3,991,406
Other Direct Project Costs $ 10,577,239
� FINANCIAL POSITION SUMMARY
10000000
ASSETS - LIABILITIES = EQUITY
7500000
5000000
2500000
0
Cash
Other Current Assets
Non Current Assets
Unspent Project Funds
Employee Benefits Provisions
Other Current Liabilities
Non Current Liabilities
Retained Earnings
Reserves
NQ DRY TROPICS | YEAR IN REVIEW 2023-24
43