2015 Pathways Annual report

Statement Of Profit Or Loss And Other
Comprehensive Income for The Year Ended
30 June 2015
Note 2015 2014
REVENUE
$ $
Revenue 2 5,579,745 6,449,496
Other income 2 29,301 (206,170)
EXPENSES
Employee benefits expense (3,577,333) (3,796,707)
Clearwater funded employees wages and on-costs (379,404) (398,859)
Clearwater cost of sales (41,090) (90,752)
Premises expenses (274,855) (300,999)
Telephone and communication (71,153) (80,532)
Equipment expenses (39,434) (45,982)
Depreciation and amortisation (58,413) (92,176)
Office and associated supplies (79,847) (122,084)
Outside services (357,176) (514,033)
Rehabilitation program expenses (69,466) (173,905)
Vehicle expenses (329,245) (328,461)
Travel expenses (6,831) (9,714)
Finance costs 3 (7,456) (9,043)
Doubtful debt expenses 3 - 1,535
Net increase/(decrease) in fair value of financial assets (5,710) 71,208
Other expenses - (19,335)
Current year surplus before income tax 311,633 333,487
Tax expense - -
Net current year surplus 311,633 333,487
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss: - -
Items that will be reclassified subsequently to profit or loss when specific
conditions are met: - -
Total other comprehensive income for the year - -
Total comprehensive income for the year 311,633 333,487
Total comprehensive income attributable to members of the entity 311,633 333,487
The accompanying notes form part of these financial statements.
Pathways Annual Report 14 / 15 • 8