Finance and Administration

New path to growth and innovation

Centacare operates 67 services delivery programs, has annual revenue of $50.1m and employs 510 staff. In 2021-22, Centacare received $29.2m from grant funding and $17.6m from fee-for-service programs. Employee benefits expenses represent $40m or 80% of total expenses.

This year, Centacare launched eight new service delivery programs, totalling $1.9m per annum.

Centacare, as a member of three SA Homelessness Alliances, in partnership with South Australia Housing Authority and other services providers, delivered services as part of the:

• Country North Homelessness Alliance • State-wide Domestic and Family

Violence Alliance • Adelaide North West Homelessness

Alliance

The approximate total value of these Alliances over six years is $127m and Centacare will receive about $26m.

Centacare is a registered NDIS provider and Plan Management services continued steady growth in supporting participants with disabilities. The Plan Management team manages:

• Up to 300 NDIS clients • Up to $30m NDIS funding for clients • Up to 25,000 invoices, paid on behalf of clients Centacare operates a fleet management unit which oversees productive and reliable transport services, driver training and compliance, and manages up to 520 motor vehicles. As of June 2022, Centacare's fleet represents 34% of total number of motor vehicles and remaining 66% relates to third party and related entities.

The Software Solutions team this year continued to upgrade our suite of technology, including development and improvement of client record management software products, along with MS Power BI and Tableau dashboard reporting.

Centacare operates six service delivery units across 22 metropolitan and nine regional South Australian offices. The financial outcome for the year ended 30 June 2022 resulted in an operating surplus of $339k - a significant improvement on the $152k deficit recorded the previous year. Our balance sheet reflects net assets of $9.1m – up by 4% on 2020-2021 - healthy working capital of $1.9m and current ratio of 1.2. Cash and cash equivalents for 2021-22 increased by $1.6m compared to 2020-21 financial year.

KPMG audited Centacare's general-purpose financial report and provided an unmodified auditor's report for 2021-22.

Rafa Mirzaev Assistant Executive Manager

67

service delivery programs

$29.2M

grant revenue $17.6M

fee-for-service revenue $40M

employee benefits expenses $1.9M

working capital