Berry Street Web Docs Financial Report 2016 | Page 17

BERRY STREET VICTORIA INC.
ABN 24 719 196 762

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2016

2016

2015

$

$

NOTE 3: TOTAL EXPENDITURE
Employee benefits expense
Salaries and wages
Superannuation
Workcover
Total employee benefits expense

57,287,401
5,140,780
1,616,103
64,044,284

55,484,741
4,880,112
1,501,852
61,866,705

Non salary expense
Depreciation and amortisation
Finance costs
Doubtful debts
Fundraising expense
Gifts in kind expense
Vehicle running expense
Occupancy expense
Clients’ expense
Training expense
Audit, legal and consultancy expense
Administration expense
Loss on sale of non current assets
Other expense
Total non salary expense

1,041,983
108,922
(44,735)
1,447,824
683,721
4,274,253
4,743,957
2,925,584
1,117,639
527,550
3,120,659
98,083
3,175,144
23,220,584

1,478,997
140,200
3,819
1,270,588
757,474
4,630,493
4,785,972
3,494,443
1,000,701
601,535
2,640,078
156,707
3,010,018
23,971,025

Total Expenditure

87,264,868

85,837,730

50,000
10,500
60,500

48,000
12,250
60,250

NOTE 4: PROFIT FOR THE YEAR
Profit has been determined after:
Auditor remuneration
- Audit services
- Other services
Total audit remuneration
Significant Revenue and Expenses
Net (loss)/gain on disposal of Non Current Assets
Property, plant and equipment
Proceeds on disposal
Disposals at written down value
Net loss on disposals

1,303,408
(1,401,491)
(98,083)

821,496
(978,203)
(156,707)

Investments
Proceeds on disposal
Disposals at fair value
Net gain on disposals

3,500,000
(3,478,250)
21,750

8,088,960
(7,991,696)
97,264

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