BUSHkids Annual Report 2019-20

ANNUAL REPORT 2019–2020

ROYAL QUEENSLAND BUSH CHILDREN'S HEALTH SCHEME ABN 43 824 927 762 NOTES TO THE FINANCIAL STATEMENTS For the year ended 30 June 2020 2020

2019

$

$

3 - REVENUE

Revenue from contracts with customers Government Grants

9,965,771

9,693,225 44,635 117,538 9,855,398 1,103,401 124,983

Rent Received Other Grants

40,187 89,964

10,095,922

Other revenue Dividends Received

535,373 83,172 202,772 155,757 154,835 31,071 67,490

Interest Income

Net gain/(loss) on disposal of other non-current assets

21,987 140,280 108,283 34,789 16,097

Estates and Legacies

Donations Fundraising

Sundry Income

1,230,470 11,326,392

1,549,820 11,405,218

Revenue

TOPIC SECTION FINAN IALS N TES TO THE FINANCIAL STATEMENTS – NOTES 3 – 9

4 - NET CURRENT YEAR SURPLUS

Net current year surplus has been determined after:

Charging as Expense: Amortisation

621,060 253,027 92,639

0

Depreciation

293,406 90,973

Provision for employee entitlements

69

5 - CASH AND CASH EQUIVALENTS

Cash on hand Cash at bank Cash on deposit

3,150

3,150

837,378 2,987,000 3,827,528

524,670 5,112,000 5,639,820

6 - TRADE AND OTHER RECEIVABLES

Trade Receivables Interest Receivable Sundry Debtors

49,672 11,904 112,487 174,063

59,207 59,460 300,407 419,074

7 - INVENTORIES

Merchandise Inventory

93,178

111,371

8 - FINANCIAL ASSETS

Shares - at Market Value

6,119,783 1,135,659 2,773,747

7,392,736 1,455,903 1,356,719

Interest Bearing Securities - at Market Value

Unlisted Managed Funds Investment in Perpetuity

1

1

10,029,190

10,205,359

9 - OTHER ASSETS

Prepayments

123,754 69,100

71,346 67,180 (73,254) 65,272

Security Deposits Fundraising Accounts

0

192,854