Summary financial results

Summary of the Australian Greens' financial results in 2018.

By The Australian Greens
 

AUSTRALIAN GREENS (THE GREENS) INCORPORATED

Income and expenditure statement
for the year ended 30 June 2018

 

2018

 

2017

INCOME

 $

 

 $

Contributions from States 1,114,629   895,452
Donations — Cash 809,639   660,999
Donations — In-kind -   17,255
Bequests 197,532   144,465
Federal MP Tithing 104,684   106,364
Grants 200,000   200,000
Meeting registrations 40,975   26,125
Interest income 19,562   16,320
Other Income 49,295   96,386

TOTAL INCOME

2,536,316

 

2,163,366

EXPENSES

     
Accommodation and Utilities 8,802   32,266
Administration 30,172   24,631
Advertising and Campaign Materials 32,667   66,314
Consultants fees 43,814   66,015
Contributions to Global Greens activities 124,400   133,096
Donation and other allocations to States/Territories 477,153   472,485
Fundraising expenses 68,082   85,438
Research 232,779   106,409
Meetings & Events 45,306   54,493
Other Operating Costs 14,756   65,244
Human Resource Costs 859,926   863,053
Travel and Accommodation 61,731   115,726
Website and systems hosting, maintenance and development 139,145   93,909

TOTAL EXPENSES

2,138,733

 

2,179,079

NET SURPLUS/(DEFICIT) FROM ORDINARY ACTIVITIES

397,583

 

(15,713)

Less Income Tax Expense -   -

NET SURPLUS/(DEFICIT) AFTER INCOME TAX

397,587

 

(15,713)

 

Statement of financial position
as at 30 June 2018

 

2018

 

2017

ASSETS

 $

 

 $

Current assets

     
Cash and cash equivalents 1,203,855   696,059
Accounts receivable and other debtors 10,262   240,198
Other current assets 8,615   12,680

TOTAL CURRENT ASSETS

1,222,732

 

948,937

Non-current assets

     
Property, plant and equipment 1,022   561

TOTAL NON-CURRENT ASSETS

1,022

 

561

TOTAL ASSETS

1,223,754

 

949,498

LIABILITIES

     
Accounts payable and other payables 323,505   434,856
Employee Provisions 150,374   162,354

TOTAL LIABILITIES

473,879

 

597,210

NET ASSETS

749,875

 

352,288

EQUITY

     
Retained earnings 177,905   74,841
Reserves 571,970   277,447

TOTAL EQUITY

749,875

 

352,288

 

Statement of cashflows
for the year ended 30 June 2018

 

2018

 

2017

CASH FLOWS FROM OPERATING ACTIVITIES

 $

 

 $

Receipts from States/Territories 1,204,361   539,319
Donations, Bequests and Tithing 1,111,855   911,828
Grants -   400,000
Interest Received 19,562   16,318
Other Receipts 452,504   395,223
Payments to States/Territories (477,153)   (472,485)
Payments to Suppliers and Employees (1,733,418)   (1,995,781)
GST Refunded by / (Paid to) ATO (69,009)   (39,694)

Net cash provided/(used) by operating activities

508,702

 

(245,272)

CASH FLOWS FROM INVESTING ACTIVITIES

     
Purchase of property, plant and equipment (906)   -

Net cash (used) by investing activities

(906)

 

-

Net (decrease )/increase in cash held

507,796

 

(245,272)

Cash at beginning of financial year 696,059   941,331

Cash at end of financial year

1,203,855

 

696,059

Please call the office on 1800 017 011 for a full copy of the audited financial report for 2018.