Berry Street Web Docs Financial Report 2014 | Page 17

BERRY STREET VICTORIA INC.
ABN 24 719 196 762

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2014

2014

2013

$

$

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

52,658,963
4,526,863
1,419,498
58,605,324

49,756,398
4,054,412
1,172,955
54,983,765

1,024

983

140,256

160,712

Doubtful debts expense

49,371

(15,819)

Auditor remuneration
- Audit services
- Other services
Total audit remuneration

46,400
15,000
61,400

45,000
15,600
60,600

Number of employees at year end
Finance costs

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

1,622,391
(1,472,099)
150,292

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

Investments
Proceeds on disposal
Disposals at fair value
Net gain/(loss) on disposals

8,504,923
(8,484,635)
20,288

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

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