St John Ambulance SA Annual Report 2022-23

46

St John Ambulance Australia SA Inc.

Statement of comprehensive income For the year ended 30 June 2023

30 June 2023 $

30 June 2022 $

Income

24,736,643 23,615,726

Other income

1,292,334

931,261

Cost of sales

(8,968,977)

(9,118,512)

Employee expenses

(8,150,484)

(7,869,666)

Depreciation and amortisation expense

(1,015,903)

(982,643)

Administrative expenses

(7,037,901)

(6,313,961)

Net gain on disposal of property, plant and equipment

38,784

63,196

Operating profit before change in value of available for sales financial assets

894,497

325,400

Changes in the fair value of available-for-sale financial assets

299,558

(621,741)

Surplus(deficit) for the year

1,194,055

(296,340)

Other comprehensive income/(loss) Items that will not be classified to profit or loss

-

-

Total comprehensive (loss)/income for the year

1,194,055

(296,340)

The above statement of comprehensive income should be read in conjunction with the accompanying notes.

Statement of financial position For the year ended 30 June 2023

30 June 2023 $

30 June 2022 $

30 June 2023 $

30 June 2022 $

ASSETS Current assets Cash and cash equivalents

LIABILITIES Current liabilities Trade and other payables

5,850,940

5,015,976

2,912,409

2,267,124

150,000

Term deposits <90 days

150,000

381,452

Income received in advance

320,130

598,325

Trade and other receivables

559,759

Lease liabilities

268,104

297,865

6,911,223

Prepayments

6,257,008

899,050

Provision for employee benefits

856,815

4,461,015

Total current liabilities

3,741,934

576,140

Inventories

413,931

Non-current liabilities Lease liabilities

Total current assets

14,086,628

12,396,674

864,652

1,132,756

Non-current assets Available for sale financial assets

Provision for employee benefits

72,451

83,233

9,488,075

8,672,903

Total non-current liabilities

937,103

1,215,989

4,069,297

Property, plant and equipment

4,361,754

5,398,118

Total liabilities

4,957,923

1,026,558

Right-of-use assets

1,492,666

23,503,937

Net assets

22,309,882

231,496

Intangibles

343,808

EQUITY

Total non-current assets

14,815,426

14,871,131

Reserves

10,125,152

9,598,954

Total assets

28,902,054

27,267,805

Accumulated surplus

13,378,785

12,710,928

The above statement of financial position should be read in conjunction with the accompanying notes.

Total equity

23,503,937

22,309,882