BUSHkids Annual Report 2019-20

ANNUAL REPORT 2019–2020

ROYAL QUEENSLAND BUSH CHILDREN'S HEALTH SCHEME ABN 43 824 927 762 STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the year ended 30 June 2020

2020

2019

Note

$

$

Revenue

11,326,392

11,405,218

3

Expenses Employee benefits expense Advertising and promotion Depreciation expense Amortisation expense Motor vehicle expenses Network disposable expenses Consulting fees

8,666,595

8,122,476

13.1

21,604 179,426 253,027 621,060 54,964 312,569 508,954 134,608 103,843 134,032 17,181

64,150 87,659 293,406

4

0

266,070 259,994 1,002,327 136,801

Office expenses Service provision Travel expenses Other expenses Total expenses

Telephone and communications

67,684 248,688 11,991

11,007,863

10,561,246

Surplus before income tax expense

318,529

843,972

Income tax expense

0

0

1(b)

Net current year surplus

318,529

843,972

TOPIC SECTION STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FINAN IALS Other comprehensive income Items that will not be reclassidfied subsequently to profit or loss: - revaluation of land, net of income tax Items that may be reclassified subsequently to profit or loss: - net changes in market value of financial assets, net of income tax Other comprehensive income for the year, net of income tax Total comprehensive income for the year

0

235,000

15

(1,352,681) (1,352,681)

9,341

15

244,341

62

(1,034,152)

1,088,313

The above statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes.