St John Ambulance SA Ltd Annual Report 2024-25

Financials – Treasurer’s Report We are a social enterprise, meaning a not-for-profit that applies commercial strategies to generate funding for health and wellbeing programs, rather than for maximising profits for shareholders. This is achieved primarily through the delivery of training as a Registered Training Organisation (RTO), the sale of first aid products and fundraising activity. Every dollar spent with St John SA enables us to provide community services like first aid care for the public, education initiatives, support for the underprivileged, social inclusion and youth development programs.

Summary of comprehensive income

2024/25 ($’000)

2023/24 ($’000)

2022/23 ($’000)

2021/22 ($’000)

2020/21 ($'000)

Description

Revenue

35,091

31,391

26,029

24,547

24,447

Expenses

(37,332)

30,315

24,157

23,302

20,980

Net operating surplus/(deficit) before depreciation & disposals

(2,241)

1,076

1,872

1,245

3,466

Depreciation

(860)

775

1,016

983

687

Net gain/(loss) on disposal of property, plant and equipment

406

(4)

39

63

46

Operating profit before change in fair value of available for sale financial assets Change in the fair value of available for sale financial assets

(2,695)

296

894

325

2,825

(72)

382

300

(622)

831

Total comprehensive income/(loss) for the year

(2,768)

678

1,194

(296)

3,656

St John Ambulance SA

For the year ended 30 June 2025, St John SA reported a net operating deficit before depreciation and disposals of $2.2m, which was $3.3m lower than last year’s surplus of $1.1m. Whilst revenue increased by $3.7m over the prior year, this was offset by an increase in expenditure of $7.0m, as discussed further below. The Operating deficit before change in fair value of available for sale financial assets was $2.7m, which was $3.0m lower than last year’s surplus of $296k. Total comprehensive income was a deficit of $2.8m compared to a surplus of $678k for the previous year. As they have for some years, the core operations of St John SA (all activities excluding the lotteries) reported an operating deficit in 2024/25. In previous years this deficit has been offset by the surplus generated through the lotteries. In 2024 we launched our first national Christmas Home Lottery, and while it was successful in many ways, the surplus generated was not sufficient to fully cover the core operating deficit. Many lessons were learned through the 2024 national Lottery, and we are confident that a higher surplus will be generated in 2025. However, the deficit being incurred in our core operations also needs to be addressed, with the Board and management currently undertaking a range of activities to ensure the ongoing financial sustainability of St John SA.

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