BUSHkids Annual Report 2019-20

ANNUAL REPORT 2019–2020

ROYAL QUEENSLAND BUSH CHILDREN'S HEALTH SCHEME ABN 43 824 927 762 STATEMENT OF CHANGES IN EQUITY For the year ended 30 June 2020

Retained surplus

Reserves

Total equity

Note

$

$

$

Balance at 1 July 2018

15,971,071

1,546,427

17,517,498

Surplus for the year

843,972

0

843,972 244,341

Other comprehensive income

0

244,341 244,341 1,790,768

Total comprehensive income for the year

843,972

1,088,313 18,605,811

Balance at 30 June 2019

16,815,043

Balance at 1 July 2019

16,815,043

1,790,768

18,605,811

Retrospective application of accounting standards

54,726 318,529

0 0

54,726 318,529

Surplus for the year

Other comprehensive income

0

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

(1,352,681) (1,034,152) 17,626,385

Total comprehensive income for the year

318,529

Balance at 30 June 2020

17,188,298

438,087

The above statement of changes in equity should be read in conjunction with the accompanying notes.

TOPIC SECTION STATEMENT OF CHANGES IN EQUITY • STATEMENT OF CASH FLOWS FINAN IALS Cash flows from operating activities Receipts from grants, donations and rent (inclusive of GST) Payments to suppliers and employees (inclusive of GST)

64

ROYAL QUEENSLAND BUSH CHILDREN'S HEALTH SCHEME ABN 43 824 927 762 STATEMENT OF CASH FLOWS For the year ended 30 June 2020

2020

2019

Note

$

$

10,063,180 (10,874,343)

10,514,106 (10,528,712)

(811,163) 720,474 130,728

(14,606) 919,369 101,239

Dividends received Interest received

NET CASH USED IN OPERATING ACTIVITIES

40,039

1,006,002

16

Cash Flows from investing activities Payments for property, plant and equipment

(901,446) (950,885)

(43,379) 26,124

Payments for financial assets

NET CASH USED IN INVESTING ACTIVITIES

(1,852,331)

(17,255)

Net increase/(decrease) in cash held

(1,812,292)

988,747

5,639,820

4,651,073

Cash at beginning of financial year

5

3,827,528

5,639,820

Cash at end of financial year

5

The above Statement of Cash Flows is to be read in conjunction with the attached Notes.