FINANCIAL

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NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2006 Consolidated Company 2006 2005 2006 2005 $’000 $’000 $’000 $’000 Note 2: Net surplus from operations (a) Revenue Revenue from continuing operations consisted of the following items: Revenue from the sale of goods 5,927 5,585 5,927 4,448 Commonwealth Government Grant Income 5,525 4,554 5,525 3,637 State Government Grant Income 19,747 19,727 19,747 18,076 Legacies, bequests and donations 26,194 19,074 26,184 16,391 Service revenue 1,359 3,018 1,359 2,124 Rental revenue 486 521 486 770 RVIB Foundation Grant - - - 4,668 Interest revenue 3,665 2,304 2,856 1,505 Dividend revenue 1,454 2,021 121 701 Other revenue 948 714 948 1,194 65,305 57,518 63,153 53,514 (b) Expenditure Expenditure from continuing operations consisted of the following items: Client services and Library and 47,801 47,306 47,801 39,207 Information Service Fundraising 7,270 5,517 7,270 5,517 Corporate services 6,229 5,279 6,043 4,912 Integration expenses - 4,255 - 4,243 Impairment charge 174 - 174 - Forgiveness of liability – RVIB Foundation - - - 5,666 Related party doubtful debts - - - 3,667 61,474 62,357 61,288 63,212 20 Vision Australia Financial Report 2005/2006
NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2006 Note 2: Net surplus from operations (continued) Consolidated Company 2006 2005 2006 2005 $’000 $’000 $’000 $’000 (c) Net surplus Net surplus has been arrived at after crediting/(charging) the following gains and losses from continuing operations: Gain/(loss) on disposal of property, plant (579) 697 (579) - and equipment Gain/(loss) on disposal of investments 5,624 (188) - (154) Write-back of provision for related party - - 3,667 - doubtful debts 5,045 509 3,088 (154) Net surplus has been arrived at after charging the following expenses from continuing operations: Cost of sales 3,612 3,768 3,612 2,677 Finance costs Other finance costs 63 61 63 56 63 61 63 56 Net bad and doubtful debts arising from: Other related parties - - - 3,667 Other entities 122 13 122 5 122 13 122 3,672 Depreciation of buildings 528 473 528 462 Depreciation of investment property 11 11 11 11 Depreciation of plant & equipment, furniture 694 666 694 576 & fittings Depreciation of motor vehicles 1,021 777 1,021 777 Depreciation of computers 493 736 493 550 Amortisation of non-current assets 523 334 523 238 3,270 2,997 3,270 2,614 Vision Australia Financial Report 2005/2006 21
Page 1: 05 06 Financial report for the fina
Page 4 and 5: Principal Activities The principal
Page 6 and 7: Board Committees To maximise its ef
Page 8 and 9: Directors’ meetings The following
Page 10 and 11: INCOME STATEMENT FOR THE FINANCIAL
Page 12 and 13: STATEMENT OF CHANGES IN EQUITY FOR
Page 14 and 15: NOTES TO THE FINANCIAL STATEMENTS F
Page 52 and 53: EXECUTIVES’ DECLARATION The Chief
Page 54 and 55: The Board of Directors Vision Austr
Page 56 and 57: Qualification Donations and bequest
Page 58 and 59: Mr N Grace Mr J R Grahame Miss R Gr
Page 60 and 61: Estate of the Late E J Colby Estate
Page 62 and 63: Corporates - $1,000 or more A1 Blin
Page 64 and 65: Government funding and support Fede
Page 66 and 67: Gandel Foundation George Lewin Foun

FINANCIAL

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