Notes to the Consolidated Financial Statements

For the financial year ended 31 December 2022

Note 17 Reserves

Movement in the FVOCI reserve during the year is as follows:

The Group has elected to recognise changes in the fair value of certain investments in equity securities in other comprehensive income.

Note 18 Borrowings

Financing facilities

The Group has a bank overdraft facility of $500,000 (2021: $2,000,000) with a balance utilised at 31 December 2022 of $Nil (2021: $Nil) and a corporate business card facility of $300,000.

Security

The financing facilities are secured by a mortgage over the land and buildings at 9 St Johns Road, Blaxland NSW and a first registered charge over all of the assets of the Group.

Note 19 Company Information

As at and throughout the financial year ended 31 December 2022, the parent entity of the Group was St John Ambulance Australia (NSW). St John Ambulance Australia (NSW Trust) Limited was a dormant entity throughout the financial year ended 31 December 2022, as there were no operations. Therefore, all balances presented throughout this financial report represent the parent entity.

St John Ambulance Australia (NSW) and its controlled entity

ABN 84 001 738 370