Annual Report 2016

Financial Summary
Snapshot
$ $ $ $ $
Revenue & Expenditure – Core
Total Revenue & Other income 7,087,050 5,771,848 4,433,873 3,259,253 2,270,991
Total Expenditure 6,835,238 5,053,799 3,805,876 2,455,078 2,297,357
251,813 718,049 627,997 804,175 (26,366)
Revenue & Expenditure – Social Enterprises
Total Revenue & Other income 1,573,951 973,057 921,731 637,191 406,504
Total Expenditure
1,609,543 910,380 738,012 532,018 318,899
social enterprises
(35,592) 62,678 183,719 105,173 87,605
Revenue & Expenditure – Total
Total Revenue & Other income 8,661,002 6,744,905 5,355,604 3,896,444 2,677,494
Total Expenditure 8,444,781 5,964,179 4,543,888 2,987,096 2,616,255
216,221 780,727 811,716 909,348 61,239
23% 62% 28%
Fundraising revenue
grew by $1,315,203*
Social enterprise
revenue grew
by $600,894
Total revenue for
the year increased
to $8.7 million
$216,221
was returned to reserves in 2016
Assets & Liabilities
Total Assets 6,814,042 5,646,972 4,557,885 3,069,881 1,623,582
Total Liabilities 3,314,174 2,363,325 2,054,965 1,378,677 841,726
Net Assets 3,499,868 3,283,647 2,502,920 1,691,204 781,856
Cash Flows
Net cash from operating activities 1,433,846 898,675 1,485,866 1,317,863 (137,124)
Net cash from investing activities (239,169) (302,296) 181,033 (63,050) (1,007,211)
- (30,000) (42,086) 39,945 (17,592)
Cash and cash equivalents at 30 June 4,982,434 3,787,757 3,221,378 1,596,565 301,807
Cash on hand was
$1.2 million higher
at the end of the
31%
Average spend per
member increased
by $1,157 ‡
* Excludes distribution of
income generated from social
enterprises. These percentages
1200 volunteers who make the
work of the ASRC possible.
This demonstrates prudent
stewardship of funds and ensures
the long term sustainability of the
ASRC and the services it provides
to our members.
‡ This is in line with our strategy
to provide holistic services to our
all direct services that our 3000
members receive.
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