Expense and revenue statement

STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED 30 JUNE 2004
 
    2004 2003
  NOTE   $   $
Revenue from Ordinary Activities
2
  
4,989,636
  
4,882,340
Less Operating Expenses
from Ordinary Activities:
Employee Benefits
8
  
2,316,490
  
2,173,114
Supplies & Services
9
  
2,051,766
  
1,910,842
Public Relations    
6,006
  
2,206
Special Programs
10
  
174,745
  
127,291
Depreciation & Amortisation
11
  
177,297
  
127,837
      _______   _______
Total Expenses from Ordinary Activities    
4,726,304
  
4,341,290
      _______   _______
Net Result for the Reporting Period:    
263,332
  
541,050
      _______   _______
Decrease in Accumulated Surplus          
on adoption of new accounting standard
1(h)
  
-
 
(6,773)
           
Total Changes in Equity other than those resulting from     _______   _______
transactions with owner    
263,332
  
534,277
           
The above statement of financial performance should be read in conjunction with the accompanying notes.

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2004
 
    2004 2003
  NOTE   $   $
Cash Flows from Operating Activities          
Payments to Suppliers & Employees    
(4,824,935)
  
(4,371,121)
Goods & Services Tax Paid/(Collected)    
(64,997)
  
64,557
Receipts from Customers    
5,254,708
  
4,919,694
Interest Received    
123,938
  
92,427
      _______   _______
Net Cash Inflow From Operating Activities
12(b)
  
488,714
  
705,557
           
Cash Flows from Investing Activities          
Payments for Purchase of Equipment    
(133,811)
  
(192,906)
Proceeds from Sale of Fixed Assets    
46,528
  
24,636
      _______   _______
Net Cash (Outflow) From Investing Activities    
(87,283)
  
(168,270)
           
Net Increase (Decrease) in Cash Held    
401,431
  
537,287
           
Cash at the Beginning of the Financial Year    
1,620,863
  
1,083,576
      _______   _______
Cash at the End of the Financial Year
3
  
2,022,294
  
1,620,863
      _______   _______
The above statement of cash flows should be read in conjunction with the accompanying notes.