Berry Street Web Docs Financial Report 2013 | Page 16

BERRY STREET VICTORIA INC.
ABN 24 719 196 762

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2013

2013

2012

$

$

NOTE 3: PROFIT FOR THE YEAR
Profit has been determined after:
(a) Expenses
Employee benefits expense
- Salaries and wages
- Superannuation

49,756,398
4,054,412

41,922,100
3,317,060

- Workcover
Total employee benefits expense

1,172,955
54,983,765

952,795
46,191,955

983

895

Finance costs

160,712

284,316

Doubtful debts expense

(15,819)

(29,181)

Auditor remuneration
- Audit services
- Other services
Total audit remuneration

45,000
15,600
60,600

43,500
16,500
60,000

Number of employees at year end

(b) Significant Revenue and Expenses
Net gain on disposal of Non Current Assets
Property, plant and equipment
Proceeds on disposal
Disposals at cost
Net gain on disposals

2,135,336
(1,660,204)
475,132

Investments
Proceeds on disposal
Disposals at cost
Net loss on disposals

6,278,789
(6,526,652)
(247,863)

15

2,213,974
(1,734,752)
479,222

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