2010-11 Annual report - Amaze

Dirctors’ ReportOperating ResultThe operating result for the year was a surplus of $24,560 (2010 deficit of $46,650).Review of OperationsSignificant features of the year’s operations have been:• Total revenue for 2010/11 was $2,298,783 (2010 $1,966,081)• Government grants for the year totaled $1,613,775 (2010 $1,624,545)• Donations received were $166,974 (2010 $138,822)• Total operating expenditure was $2,274,223 (2010 $2,012,731)• Salaries and on costs amounted to $1,425,987 (2010 $1,298,708)Indemnity and Insurance of Directors and AuditorsDuring the financial year, the Department of Human Services met all the costs of insuring all Directors, past andpresent, against liabilities for costs and expenses incurred by them in defending any legal proceedings arising out oftheir conduct whilst acting in the capacity of Director of Autism Victoria.During the financial year, Autism Victoria has not paid a premium to insure the auditors against liabilities for costsand expenses incurred by them in defending any legal proceedings arising out of their conduct whilst acting in thecapacity of auditors of Autism Victoria.Signed in accordance with a resolution of the Directors.Prof. Bruce Tonge, ChairmanDated this 2nd day November 2011Mr Graeme Wickenden, TreasurerAutism Victoria trading as Amaze - Annual Report 2010-2011 Page 25