2017-2018 Cradle Coast NRM Annual Report

Page 56

FINANCIAL STATEMENTS

Financial Statements

STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2018

Note

2018 $

2017 $

1

1,840,987

1,720,986

21,707

23,851

29,802

57,561

1,892,496

1,802,398

Employee benefits

701,311

693,679

Project management expenses

977,776

781,440

INCOME Government grants Interest received Other Income

2

Total Income EXPENSES

Other administrative and operating expenses Total Expenses Net surplus/(deficit) and Comprehensive Result

3

578,030

566,651

2,257,117

2,041,770

(364,621)

(239,372)

The financial statements presented have been compiled from the audited financial statements in relation to funding received for Natural Resource Management. This Statement should be read in conjunction with the accompanying notes.

56

CRADLE COAST NRM ANNUAL REPORT 2017-18


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