2016-11-16
The Australian Greens
AUSTRALIAN GREENS (THE GREENS) INCORPORATED
Income and expenditure statement
for the year ended 30 June 2016
2016 |
2015 |
||
INCOME |
$ |
$ |
|
| Contributions from States | 870,564 | 668,218 | |
| Donations — Cash | 1,948,490 | 1,006,586 | |
| Donations — In-kind | 10,627 | - | |
| Bequests | 166,767 | - | |
| Green Magazine | - | 1,621 | |
| Federal MP Tithing | 112,471 | 115,582 | |
| Grants | 229,519 | 170,481 | |
| Meeting registrations | 41,117 | 20,015 | |
| Interest income | 24,363 | 23,703 | |
| Other Income | 59,219 | 31,358 | |
TOTAL INCOME |
3,463,137 |
2,037,564 |
|
EXPENSES |
|||
| Accommodation and Utilities | 45,155 | 43,525 | |
| Administration | 49,962 | 35,831 | |
| Advertising and Campaign Materials | 445,366 | 12,400 | |
| Consultants fees | 43,238 | - | |
| Contributions to Global Greens activities | 165,730 | 165,259 | |
| Donation and other allocations to States/Territories | 1,518,048 | 781,517 | |
| Fundraising expenses | 99,711 | 47,781 | |
| Research | 168,635 | 19,000 | |
| Meetings & Events | 51,308 | 26,083 | |
| Other Operating Costs | 23,074 | 26,075 | |
| Staffing Costs | 873,115 | 664,929 | |
| Travel and Accommodation | 36,497 | 26,257 | |
| Website and database hosting and support | 155,748 | 143,407 | |
TOTAL EXPENSES |
3,675,587 |
1,992,064 |
|
NET SURPLUS/(DEFICIT) FROM ORDINARY ACTIVITIES |
(212,450) |
45,500 |
|
| Less Income Tax Expense | - | - | |
NET SURPLUS/(DEFICIT) AFTER INCOME TAX |
(212,450) |
45,500 |
Statement of financial position
as at 30 June 2016
2016 |
2015 |
||
ASSETS |
$ |
$ |
|
Current assets |
|||
| Cash and cash equivalents | 941,331 | 976,136 | |
| Accounts receivable and other debtors | 398,454 | 346,111 | |
| Other current assets | 9,284 | 11,356 | |
TOTAL CURRENT ASSETS |
1,349,069 |
1,333,603 |
|
Non-current assets |
|||
| Property, plant and equipment | 1,929 | 3,277 | |
TOTAL NON-CURRENT ASSETS |
1,929 |
3,277 |
|
TOTAL ASSETS |
1,350,998 |
1,336,880 |
|
LIABILITIES |
|||
| Accounts payable and other payables | 817,978 | 639,143 | |
| Employee Provisions | 165,019 | 117,286 | |
TOTAL LIABILITIES |
982,997 |
756,429 |
|
NET ASSETS |
368,001 |
580,451 |
|
EQUITY |
|||
| Retained earnings | 52,828 | 428,860 | |
| Reserves | 315,173 | 151,591 | |
TOTAL EQUITY |
368,001 |
580,451 |
Statement of cashflows
for the year ended 30 June 2016
2016 |
2015 |
||
CASH FLOWS FROM OPERATING ACTIVITIES |
$ |
$ |
|
| Receipts from States/Territories | 1,264,533 | 668,218 | |
| Donations, Bequests and Tithing | 2,227,728 | 1,122,169 | |
| Grants | - | 200,000 | |
| Interest Received | 24,363 | 23,703 | |
| Other Receipts | 228,548 | 100,422 | |
| Payments to States/Territories | (1,518,048) | (781,517) | |
| Payments to Suppliers and Employees | (2,229,044) | (1,008,317) | |
| GST Refunded by / (Paid to) ATO | (31,815) | (56,163) | |
Net cash provided/(used) by operating activities |
(33,735) |
268,515 |
|
CASH FLOWS FROM INVESTING ACTIVITIES |
|||
| Purchase of property, plant and equipment | (1,070) | (2,208) | |
Net cash (used) by investing activities |
(1,070) |
(2,208) |
|
Net (decrease )/increase in cash held |
(34,805) |
266,307 |
|
| Cash at beginning of financial year | 976,136 | 709,829 | |
Cash at end of financial year |
941,331 |
976,136 |
Please call the office on 1800 017 011 for a full copy of the audited financial report for 2016.