Annual Report 2007 - front cover - Cerebral Palsy Alliance

22 THE SPASTIC CENTRE • 2007 ANNUAL REPORT
financial
notes
notes to and forming part of the financial statements for the year ended 30 June 2007
CONSOLIDATED THE COMPANY
2007 2006 2007 2006
$ $ $ $
4. GOVERNMENT FUNDING
The following Government support is included under
Government funding:
Commonwealth Government
Department of Families and Community Services and
Indigenous Affairs 2,946,218 2,781,903 2,946,218 2,781,903
Department of Employment and Workplace Relations 1,707,289 1,733,769 1,707,289 1,733,769
Department of Education, Science and Training 700,403 107,373 700,403 107,373
NSW Government
5,353,910 4,623,045 5,353,910 4,623,045
Department of Ageing, Disability and Home Care 30,357,149 27,180,567 30,357,149 27,180,567
Health Department 581,454 610,254 581,454 610,254
Department of Education and Training 389,969 414,828 389,969 414,828
31,328,572 28,205,649 31,328,572 28,205,649
Total Government funding 36,682,482 32,828,694 36,682,482 32,828,694
5. REMUNERATION OF AUDITORS
Audit services
Auditors of the Company – KPMG Australia
Audit and review of the financial report 79,700 77,550 79,700 77,550
Other regulatory audit services 12,800 10,300 12,800 10,300
Conversion to AIFRS – 22,400 – 22,400
Other services
92,500 110,250 92,500 110,250
Other assurance services – KPMG Australia – 15,000 – 15,000
92,500 125,250 92,500 125,250
6 EXPENSES
Expenses include the following items:
Depreciation of property, plant and equipment 1,094,259 1,239,523 1,094,259 1,239,523
Impairment of trade and other receivables 21,466 626,817 21,466 626,817
Employee benefits expense (includes payments
to defined contribution superannuation funds of
$2,467,682 (2006 $2,321,653))
5,217,667 4,868,985 1,533,425 1,411,153
Rental expense on operating leases 1,754,188 1,586,711 1,754,188 1,586,711
Financial expenses – Interest expense 6,715 9,579 6,715 9,579
Donation to The Cerebral Palsy Foundation – – – 500,000
The Cerebral Palsy Foundation is wholly controlled by The Spastic Centre of New South Wales, and acts as a
fundraising vehicle to underpin the activities of The Spastic Centre.
The impairment loss recorded in the prior year of $651,009 (resulting from the entry into administration of a debtor of
the consolidated entity) was recovered during the current year.