11.01.2013 Views

Annual Report 2010 - ACEM

Annual Report 2010 - ACEM

Annual Report 2010 - ACEM

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

45<br />

<strong>ACEM</strong> AR <strong>2010</strong><br />

STATEMENT OF COMPREHENSIVE INCOME for the year ended 30 June <strong>2010</strong><br />

REVENUE 2 4,871,050 4,581,141<br />

Note<br />

<strong>2010</strong><br />

$<br />

2009<br />

$<br />

4,871,050 4,581,141<br />

Employee benefits expenses (1,090,690) (911,892)<br />

Depreciation and amortisation 4 (250,292) (173,084)<br />

Committee meeting costs (490,781) (481,211)<br />

Exam expenses (480,875) (670,973)<br />

Audit, legal and consultancy expense (214,919) (315,643)<br />

Deficit on disposal of investments 4 (110,394) (416,724)<br />

Administration expense (495,081) (517,745)<br />

Occupancy costs (46,398) (41,581)<br />

Other expenses (93,769) (95,490)<br />

Surplus for the year 4 1,597,851 956,798<br />

OTHER COMPREHENSIVE INCOME<br />

Net surplus/(deficit) on revaluation of financial assets 277,039 (869,634)<br />

Other comprehensive income for the year 277,039 (869,634)<br />

TOTAL COMPREHENSIVE INCOME FOR THE YEAR 1,874,890 87,164<br />

The accompanying notes form part of these financial statements.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!