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2011 Annual Report - Cronulla Golf Club

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sTATEMENT OF COMPREHENsIVE INCOME<br />

FOR THE YEAR ENDED 30 JUNE <strong>2011</strong><br />

<strong>2011</strong> 2010<br />

Note $ $<br />

Revenue 2 3,464,916 3,752,590<br />

Cost of Sales 4 (248,383) (237,449)<br />

Auditor’s remuneration 3 (18,500) (17,700)<br />

Depreciation and amortisation expenses 4 (237,251) (262,694)<br />

Employee benefits expenses (1,263,878) (1,271,198)<br />

Other expenses (3,401,705) (1,329,041)<br />

(Loss) Profit before income tax 4 (1,704,801) 634,508<br />

Income tax expense – –<br />

(Loss) Profit after income tax (1,704,801) 634,508<br />

CRONULLA GOLF CLUB LIMITED ABN 41 000 059 478 | 21

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