Notes to the Consolidated Financial Statements

For the financial year ended 31 December 2022

Note 23 Charitable Fundraising Activities

FUNDRAISING INCOME ACTIVITIES

Fundraising income activities carried out during the year were functions, appeals, raffles and social fundraising activities.

EXPENDITURE OF FUNDS RAISED

Surplus from fundraising are utilized in delivering on the mission of the Group to save lives and build community resilience.

The surplus achieved from these operations and all of our commercial and fundraising activities goes directly to supporting our community programs, which include by way of example, free First Aid training for school students, youth development programs, leadership and personal development programs for our volunteers and providing crucial first responder and community health services supporting communities across NSW.

Declaration Made in accordance with a resolution of the Directors under the Charitable Fundraising Act 1991.

Note 24 Economic Dependency

Certain community programs delivered by the Group are dependent on the ongoing receipt of financial assistance from State and Commonwealth governments.

The Group’s COVID-19 Community Medical Support program is dependent on the ongoing receipt of financial assistance from the NSW Ministry of Health.

The Group’s Norfolk Island Community First Response program is dependent on the ongoing receipt of financial assistance from the Commonwealth Department of Infrastructure, Regional Development and Cities.