Deaf Services Limited
ABN: 62 118 664 298
Statement of Comprehensive Income
For the Year Ended 30 June 2018
​
Note
2018
$
2017
$
Operating grants 4,434,588 4,101,798
Services income 4,128,154 2,461,623
Fundraising and donations 17,914,670 16,251,746
Interest and dividend income 482,295 503,420
Other income 4 146,139 938,569
TOTAL INCOME 27,105,846 24,257,156
Employee benefits expense 11,727,579 11,108,438
Depreciation and amortisation expense 486,973 397,376
Travel and motor vehicle expenses 477,690 386,908
Occupancy expenses 524,934 463,459
Printing and postage 460,869 599,841
Insurance expense 240,390 243,896
Advertising and promotion 1,157,482 1,013,950
IT and telecommunications 872,389 496,348
Contractors 347,863 387,575
Professional fees 154,738 99,544
Other supplies and services 8,914,576 7,813,777
Loss on disposal of assets 59,143 20,518
TOTAL EXPENSES 25,424,626 23,031,630
SURPLUS FOR THE YEAR 1,681,220 1,225,526
OTHER COMPREHENSIVE INCOME
Items that will not be reclassified subsequently to surplus/deficit Net fair value movements in financial assets 533,626 366,705 Net fair value movements for revaluation of assets - 617,309
​
Other comprehensive income for the year 533,626 984,014
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 2,214,846 2,209,540
Statement of Financial Position
Ast at 30 June 2018
​
Note
2018
$
2017
$
ASSETS
CURRENT ASSETS
Cash and cash equivalent 6 2,845,458 2,334,010
Trade and other receivables 7 620,061 768,511
Other assets 8 911,763 839,486
Financial assets 9 - 100,000
TOTAL CURRENT ASSETS 4,377,282 4,042,007
NON-CURRENT ASSETS
Financial assets 9 9,978,780 7,410,380
Property, plant and equipment 10 5,204,261 ,337,083
Intangible assets 11 799,728 783,428
TOTAL NON-CURRENT ASSETS 15,982,769 13,530,891
TOTAL ASSETS 20,360,051 17,572,898
LIABILITIES
CURRENT LIABILITIES
Trade and other payables 12 964,692 634,495
Other liabilities 13 2,147,366 2,045,052
Employee benefits 14 1,664,434 1,548,956
TOTAL CURRENT LIABILITIES 4,776,492 4,228,503
NON-CURRENT LIABILITIES
Employee benefits 14 186,612 162,294
TOTAL NON-CURRENT LIABILITIES 186,612 162,294
TOTAL LIABILITIES 4,963,104 4,390,797
NET ASSETS 15,396,947 13,182,101
EQUITY
Reserves 15 3,957,311 3,402,347
Retained surpluses 11,439,636 9,779,754
TOTAL EQUITY 15,396,947 13,182,101
