YMAC Annual Report 2022

Consolidated Statement of Profit or Loss
and Other Comprehensive Income
for the year ended 30 June 2022
Notes
2022 2021
$ $
REVENUE
Revenues from ordinary activities
Revenue from Commonwealth
Government - Operational 15,402,740 12,624,821
Revenue from Services 5A 6,617,474 6,410,749
Interest 5B 34,502 126,006
(Loss)/Gain on Sale of PPE 5C 70,584 (5,571)
Other 5D 2,446,253 3,735,570
Revenues from ordinary activities 24,571,553 22,891,575
EXPENSES
Expenses from ordinary activities
Employees 6A (11,896,206) (10,263,066)
Insurance expense (93,408) (135,045)
Office Supplies expense (289,399) (245,287)
Travel & Meeting costs (2,138,976) (2,584,609)
Motor vehicle expenses (237,212) (220,317)
Contractors and consultant fees (2,648,468) (3,163,144)
Lease expenses (339,433) (349,318)
Long Service Leave expense 6A (127,462) (26,760)
Depreciation and amortisation 6B (1,236,658) (1,189,674)
Cost Recovery expenses (2,445,875) (2,175,731)
Payroll and support Costs (568,175) (604,252)
Telephone (217,965) (218,764)
Ancillary costs, fees & provisions (472,424) (317,907)
Interest expense (105,773) (124,567)
Expenses from ordinary activities (22,817,434) (21,618,441)
Operating surplus/(deficit) from ordinary activities 14 1,754,119 1,273,134
Changes to asset revaluation reserve 8B 35,100 -
Total revenues, expenses and valuation
adjustments recognised directly in equity
Total changes in equity other than those resulting from transactions with owners as
owners attributable to the members of Yamatji Marlpa Aboriginal Corporation
35,100 -
14 1,789,219 1,273,134
The above statement should be read in conjunction with the accompanying notes.
Yamatji Marlpa Aboriginal Corporation | Annual Report 2022 | 51