2017-11-13
By The Australian Greens
AUSTRALIAN GREENS (THE GREENS) INCORPORATED
Income and expenditure statement
for the year ended 30 June 2017
2017 |
2016 |
||
INCOME |
$ |
$ |
|
| Contributions from States | 895,452 | 870,564 | |
| Donations — Cash | 660,999 | 1,948,490 | |
| Donations — In-kind | 17,255 | 10,627 | |
| Bequests | 144,465 | 166,767 | |
| Federal MP Tithing | 106,364 | 112,471 | |
| Grants | 200,000 | 229,519 | |
| Meeting registrations | 26,125 | 41,117 | |
| Interest income | 16,320 | 24,363 | |
| Other Income | 96,386 | 59,219 | |
TOTAL INCOME |
2,163,366 |
3,463,137 |
|
EXPENSES |
|||
| Accommodation and Utilities | 32,266 | 45,155 | |
| Administration | 24,631 | 49,962 | |
| Advertising and Campaign Materials | 66,314 | 445,366 | |
| Consultants fees | 66,015 | 43,238 | |
| Contributions to Global Greens activities | 133,096 | 165,730 | |
| Donation and other allocations to States/Territories | 472,485 | 1,518,048 | |
| Fundraising expenses | 85,438 | 99,711 | |
| Research | 106,409 | 168,635 | |
| Meetings & Events | 54,493 | 51,308 | |
| Other Operating Costs | 65,244 | 23,074 | |
| Staffing Costs | 863,053 | 873,115 | |
| Travel and Accommodation | 115,726 | 36,497 | |
| Website and database hosting and support | 93,909 | 155,748 | |
TOTAL EXPENSES |
2,179,079 |
3,675,587 |
|
NET SURPLUS/(DEFICIT) FROM ORDINARY ACTIVITIES |
(15,713) |
(212,450) |
|
| Less Income Tax Expense | - | - | |
NET SURPLUS/(DEFICIT) AFTER INCOME TAX |
(15,713) |
(212,450) |
Statement of financial position
as at 30 June 2017
2017 |
2016 |
||
ASSETS |
$ |
$ |
|
Current assets |
|||
| Cash and cash equivalents | 696,029 | 941,331 | |
| Accounts receivable and other debtors | 240,198 | 398,454 | |
| Other current assets | 12,680 | 9,284 | |
TOTAL CURRENT ASSETS |
948,937 |
1,349,069 |
|
Non-current assets |
|||
| Property, plant and equipment | 561 | 1,929 | |
TOTAL NON-CURRENT ASSETS |
561 |
1,929 |
|
TOTAL ASSETS |
949,498 |
1,350,998 |
|
LIABILITIES |
|||
| Accounts payable and other payables | 434,856 | 817,978 | |
| Employee Provisions | 162,354 | 165,019 | |
TOTAL LIABILITIES |
597,210 |
928,997 |
|
NET ASSETS |
352,288 |
368,001 |
|
EQUITY |
|||
| Retained earnings | 74,841 | 52,828 | |
| Reserves | 277,447 | 315,173 | |
TOTAL EQUITY |
352,288 |
368,001 |
Statement of cashflows
for the year ended 30 June 2017
2017 |
2016 |
||
CASH FLOWS FROM OPERATING ACTIVITIES |
$ |
$ |
|
| Receipts from States/Territories | 539,319 | 1,264,533 | |
| Donations, Bequests and Tithing | 911,828 | 2,227,728 | |
| Grants | 400,000 | - | |
| Interest Received | 16,318 | 24,363 | |
| Other Receipts | 395,223 | 228,548 | |
| Payments to States/Territories | (472,485) | (1,518,048) | |
| Payments to Suppliers and Employees | (1,995,781) | (2,229,044) | |
| GST Refunded by / (Paid to) ATO | (39,694) | (31,815) | |
Net cash provided/(used) by operating activities |
(245,272) |
(33,735) |
|
CASH FLOWS FROM INVESTING ACTIVITIES |
|||
| Purchase of property, plant and equipment | - | (1,070) | |
Net cash (used) by investing activities |
- |
(1,070) |
|
Net (decrease )/increase in cash held |
(245,272) |
(34,805) |
|
| Cash at beginning of financial year | 941,331 | 976,136 | |
Cash at end of financial year |
696,059 |
941,331 |
Please call the office on 1800 017 011 for a full copy of the audited financial report for 2017.