Summary financial results

Summary of the Australian Greens' financial results in 2019.

By the Australian Greens

 

AUSTRALIAN GREENS (THE GREENS) INCORPORATED

Income and expenditure statement
for the year ended 30 June 2019

 

2019

2018

 

$

$

INCOME

   

Contributions from States

1,139,902

1,114,629

Donations – Cash

2,053,564

809,639

Donations – In-kind

8,563

-

Bequests

39,045

197,532

Federal MP Tithing

112,719

104,684

Grants

268,182

200,000

Meeting registrations

20,289

40,975

Interest income

28,185

19,562

Movement in Investment

6,175

-

Other Income

243,711

49,295

TOTAL INCOME

3,920,335

2,536,316

EXPENSES

   

Accommodation and Utilities

8,903

8,802

Administration

60,993

30,172

Advertising and Campaign Materials

355,362

32,667

Consultants fees

118,502

43,814

Contributions to Global Greens activities

118,255

124,400

Donation and other allocations to States/Territories

1,607,640

477,153

Fundraising expenses

17,463

68,082

Research

290,246

232,779

Meetings & Events

38,597

45,306

Other Operating Costs

38,944

14,756

Human Resource Costs

1,105,352

859,926

Travel and Accommodation

60,527

61,731

Website and systems hosting maintenance and development

178,780

139,145

TOTAL EXPENSES

3,999,564

2,138,733

NET SURPLUS/(DEFICIT) FROM ORDINARY ACTIVITIES

(79,229)

397,583

Less Income Tax Expense

-

-

NET SURPLUS/(DEFICIT) AFTER INCOME TAX

(79,229)

397,583

 

 

Statement of financial position as at 30 June 2019

 

2019

2018

 

$

$

ASSETS 

   

Current assets

   

Cash and cash equivalents

1,786,749

1,203,855

Accounts receivable and other debtors

345,179

10,262

Other current assets

168,836

8,615

TOTAL CURRENT ASSETS

2,300,764

1,222,732

Investments

76,294

-

Property, plant and equipment

2,307

1,022

TOTAL ASSETS

2,379,365

1,223,754

LIABILITIES

   

Accounts payable and other payables

1,521,697

323,505

Employee Provisions

187,021

150,374

TOTAL LIABILITIES

1,708,718

473,879

NET ASSETS

670,647

749,875

EQUITY

   

Retained earnings

93,053

177,905

Reserves

577,594

571,970

TOTAL EQUITY

670,647

749,875