2011-12 Annual Report - Australian Water Polo Inc
2011-12 Annual Report - Australian Water Polo Inc
2011-12 Annual Report - Australian Water Polo Inc
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WATER POLO AUSTRALIA <strong>2011</strong>/<strong>12</strong> ANNUAL REPORT<br />
Statement of<br />
comprehensive income<br />
For the Year Ended 30 June 20<strong>12</strong><br />
Note 20<strong>12</strong> <strong>2011</strong><br />
$ $<br />
Revenue from Continuing Operations 2<br />
High Performance 2,742,470 2,653,369<br />
Sport Development 68,713 68,287<br />
National <strong>Water</strong> <strong>Polo</strong> League 469,824 428,084<br />
National Championships 159,488 175,314<br />
Management and Governance 633,557 786,866<br />
Total Revenue from Continuing Operations 4,074,052 4,111,920<br />
Expenditure from Continuing Operations 3<br />
High Performance 3,092,895 2,182,834<br />
Sport Development 27,461 72,247<br />
National <strong>Water</strong> <strong>Polo</strong> League 470,324 428,987<br />
National Championships 155,555 230,938<br />
Management and Governance 889,914 1,071,113<br />
44<br />
Total Expenditure from Continuing Operations 4,636,149 3,986,119<br />
Surplus/(Deficit) from Continuing Operations (562,097) <strong>12</strong>5,801<br />
Other Comprehensive <strong>Inc</strong>ome<br />
Gain/(Loss) on Disposal of Assets (2,703) -<br />
Inventory write-off (169,025) -<br />
Other Comprehensive income for period (171,728) -<br />
Total Comprehensive <strong>Inc</strong>ome for the Year (733,825) <strong>12</strong>5,801<br />
The accompanying notes form part of these statements.
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