Finances
Statement of Income and Expenditure for the year ended 30 June
For the year ended 30 June 2017 Note Revenue 4(a) 881,454 729,519
Other income 4(b) 31,108 10,300
Interest Income 4(e) 360 2,125
912,922 741,944
653,608 653,145
Program Expenses 135,150 196,576
Total Expenses 811,636 858,078
Surplus/(deficit) for the year 101,286 (116,134)
Total Comprehensive Income/(loss) for the
year 101,286 (116,134)
Total Revenue
Staffing Expenses
4(d)
2017 ($)
2016 ($)
The financial information included in the this An-
nual Report is taken from the Fitzroy Learning Net-
work Inc. Annual Financial Report for the Year
Ended 30 June 2017. The full audited accounts will
be available on-line at www.fln.org.au .
Statement of changes in equity
Statement of Cash Flows
Cash flows from operating activities
Abridged Financial Statements
Note
2017 ($)
2016 ($)
Receipts from Government grants and subsidies 696,014 446,591 For the Year Ended 30 June 2017 Accumulated
Funds
Receipts from operating activities 342,283 148,035 Balance at 1 July 2015 135,038
(939,051) (871,595) Balance at 1 July 2016 18,904
13(b) 99,606 (274,844) Total Comprehensive Income/
(loss) for the year 101,286
7 (1,135) (13,560) Net cash from (used in) investing activities (1,135) (13,560) Balance at 30 June 2017 120,190
Net increase (decrease) in cash and cash equiv-
alents 98,417 (288,404) Cash and cash equivalents at 1 July 2015 98,696 387,100 197,166 98,696
Payments to suppliers and employees
Net cash from (used in) operating activities
Cash flow from investing Activities
Acquisition of equipment
Cash and cash equivalents at 30 June 2016
13(a)
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