Berry Street Web Docs Financial Report 2014 | Page 3

BERRY STREET VICTORIA INC
ABN 24 719 196 762

INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2014
Notes
Revenue from operating activities
Government and other grants
Charitable and fundraising revenue
Income from Investments
Other revenue
Total revenue

2

Expenses from operating activities
Employee benefits expense
Depreciation and amortisation
Finance costs
Doubtful debts
Fundraising expense
Vehicle running expense
Occupancy expense
Clients’ expense
Training expense
Audit, legal and consultancy expense
Administration expense
Other expenses
Total expenses

3a
3a
3a

Operating loss

2014
$

2013
$

70,786,503
4,367,128
253,951
2,255,656
77,663,238

66,826,248
4,258,854
373,062
2,970,516
74,428,680

(58,605,324)
(1,787,345)
(140,256)
(49,371)
(731,037)
(4,819,915)
(4,755,564)
(3,178,090)
(1,169,267)
(694,187)
(2,324,339)
(2,703,971)
(80,958,666)

(54,983,765)
(2,456,089)
(160,712)
15,819
(825,788)
(4,222,489)
(4,770,799)
(2,954,723)
(1,102,985)
(565,219)
(2,475,892)
(3,379,966)
(77,882,608)

(3,295,428)

(3,453,928)

1,019,160

1,244,444

Revenue from non operating activities
Income from investments
Proceeds from bequests
Proceeds from business combination
Gain/(Loss) on sale of investments

3b

126,264
20,288

2,576,745
4,762,709
(247,863)

3b

76,874
150,292

51,750
475,132

-

16,469

1,392,878

8,879,386

Total non operating expenditure
Non-operating surplus
(Loss)/Profit before income tax
Income tax expense
(Loss)/Profit for the year

1,392,878
(1,902,550)
(1,902,550)

8,879,386
5,425,458
5,425,458

(Loss)/Profit attributable to members of the entity

(1,902,550)

5,425,458

Unrealised capital gain on investments
Gain on sale of non current assets
Capital grants
Total non operating revenue

2

The accompanying notes form part of these financial statements.
2