TOURISM VICTORIA ANNUAL REPORT
TOURISM VICTORIA ANNUAL REPORT
TOURISM VICTORIA ANNUAL REPORT
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notes to the financial statements<br />
30 june 2008 (continued)<br />
Note 3. expenses (CONTINUED)<br />
2008 2007<br />
$ $<br />
EXPENSES<br />
e) Administration charges<br />
Rent, cleaning and power 1,470,558 1,516,764<br />
Telephone, facsimile and postage 323,305 321,278<br />
Audit fees 20,000 22,600<br />
Computer charges 1,317,793 1,303,767<br />
Printing, stationery and offices requisites 214,413 250,528<br />
Motor vehicle running costs 142,128 131,797<br />
Travel charges 844,955 758,850<br />
Training and development 296,655 344,227<br />
Other 885,309 784,821<br />
5,515,116 5,434,632<br />
Note 4. RECEIVABLES<br />
2008 2007<br />
$ $<br />
Current<br />
Debtors (i) 1,023,670 494,704<br />
Other receivables 66,349 30,873<br />
GST Input tax credit recoverable 1,405,596 498,747<br />
2,495,615 1,024,324<br />
(i) The average credit period on sales of goods and/or services is 30 days. No interest is charged on other receivables.<br />
Note 5. OTHER FINANCIAL ASSETS<br />
2008 2007<br />
$ $<br />
Current other financial assets<br />
Non traded investments<br />
Shares in other entities (at cost) 65,010 65,010<br />
65,010 65,010<br />
Shares in other entities<br />
Tourism Victoria holds shares in Australian Tourism Data Warehouse Pty Ltd<br />
FINANCIAL <strong>REPORT</strong> 2007–2008<br />
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