2022-11-28
A summary of the Australian Greens’ financial results.
By the Australian Greens
Australian Greens (The Greens) Incorporated
Income and expenditure statement
for the year ended 30 June 2022
2022 |
2021 |
||
$ |
$ |
||
INCOME |
|||
| Contributions from States | 1,866,138 | 1,549,061 | |
| Donations Received | 3,966,288 | 2,042,977 | |
| Bequest | 33,333 | 48,923 | |
| Meeting Registration | 37,986 | 73 | |
| Grants | 312,188 | 300,241 | |
| Interest Received | 4,556 | 7,210 | |
| Movements in Investments | -54,361 | 78,850 | |
| Regular Tithing Income | 109,684 | 112,782 | |
| Other Income | 151,142 | 133,359 | |
TOTAL INCOME |
6,426,954 |
4,273,476 |
|
EXPENSES |
|||
| Accommodation and Utilities | 156 | 5,312 | |
| Administration | 80,446 | 0 | 61,657 |
| Communications Expenses | 509,179 | 55,890 | |
| Consultants fees | 97,695 | 89,325 | |
| Contributions to Global Greens activities | 123,301 | 101,942 | |
| Contributions to States/Territories | 2,848,103 | 1,476,959 | |
| Research | 127,080 | 134,477 | |
| Meetings & Events | 35,878 | 0 | 1,682 |
| Human Resource Costs | 1,944,435 | 1,459,588 | |
| Travel and Accommodation | 47,528 | 9,676 | |
| Equipment and systems hosting maintenance and development | 268,684 | 228,175 | |
TOTAL EXPENSES |
6,082,485 |
3,624,683 |
|
NET SURPLUS/(DEFICIT) FROM ORDINARY ACTIVITIES |
344,469 |
648,793 |
|
| Less Income Tax Expense | - | - | |
NET SURPLUS/(DEFICIT) AFTER INCOME TAX |
344,469 |
648,793 |
|
Summary of financial position as at 30 June 2022
2022 |
2021 |
||
$ |
$ |
||
ASSETS |
|||
Current assets |
|||
| Cash and cash equivalents | 1,857,733 | 1,928,228 | |
| Accounts receivable & Other Current Assets | 537,525 | 200,248 | |
TOTAL CURRENT ASSETS |
2,395,258 |
2,128,476 |
|
|
Investments |
232,983 |
317,982 |
|
|
Property, plant and equipment |
4,218 |
4,506 |
|
TOTAL ASSETS |
2,632,459 |
2,450,964 |
|
LIABILITIES |
|||
| Accounts and other payables | 508,946 | 747,655 | |
| Employee Provisions | 320,874 | 245,139 | |
TOTAL LIABILITIES |
829,820 |
992,794 |
|
NET ASSETS |
1,802,639 |
1,458,170 |
|
EQUITY |
|||
| Retained earnings | 235,806 | 219,575 | |
| Reserves | 1,566,833 | 1,238,595 | |
TOTAL EQUITY |
1,802,639 |
1,458,170 |
|