Berry Street Web Docs Financial Report 2016 | Page 3

BERRY STREET VICTORIA INC
ABN 24 719 196 762

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHESIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2016

Revenue from continuing operations
Expenses
Program expense
Fundraising expense
Strategic Initiative expense
Administration and Infrastructure expense
Total expenses from continuing operations
Surplus / (deficit) before income tax
Income tax expense
Surplus / (deficit) from continuing operations

Notes

2016
$

2015
$

2

87,442,395

84,629,163

3

(72,252,522)
(2,120,746)
(3,714,017)
(9,177,583)
(87,264,868)

(71,607,747)
(1,950,380)
(2,922,070)
(9,357,533)
(85,837,730)

177,527
177,527

(1,208,567)
(1,208,567)

177,527

(1,208,567)

Items that will not be reclassified to Profit or Loss
- Gain on revaluation of land and buildings

361,778

325,731

Items that will be reclassified subsequently to Profit or
Loss when specific conditions are met:
- Revaluation increment – financial assets

124,700

1,366,826

Other comprehensive income for the year, net of tax

486,478

1,692,557

Total comprehensive income for the year

664,005

483,990

Total comprehensive income attributable to members of
the entity

664,005

483,990

1(k)

Surplus / (deficit) for the year

Other comprehensive income

The accompanying notes form part of these financial statements.
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