BUSHkids Annual Report 2019-20

TOPIC SECTION 69 ANNUAL REPORT 2019–2020 FINAN IALS N TES TO THE FINANCIAL STATEMENTS – NOTES 3 – 9 ROYAL QUEENSLAND BUSH CHILDREN'S HEALTH SCHEME ABN 43 824 927 762 NOTES TO THE FINANCIAL STATEMENTS For the year ended 30 June 2020 2020 2019 $ $ 3 - REVENUE Revenue from contracts with customers Government Grants 9,965,771 9,693,225 Rent Received 40,187 44,635 Other Grants 89,964 117,538 10,095,922 9,855,398 Other revenue Dividends Received 535,373 1,103,401 Interest Income 83,172 124,983 Net gain/(loss) on disposal of other non-current assets 202,772 21,987 Estates and Legacies 155,757 140,280 Donations 154,835 108,283 Fundraising 31,071 34,789 Sundry Income 67,490 16,097 1,230,470 1,549,820 Revenue 11,326,392 11,405,218 4 - NET CURRENT YEAR SURPLUS Net current year surplus has been determined after: Charging as Expense: Amortisation 621,060 0 Depreciation 253,027 293,406 Provision for employee entitlements 92,639 90,973 5 - CASH AND CASH EQUIVALENTS Cash on hand 3,150 3,150 Cash at bank 837,378 524,670 Cash on deposit 2,987,000 5,112,000 3,827,528 5,639,820 6 - TRADE AND OTHER RECEIVABLES Trade Receivables 49,672 59,207 Interest Receivable 11,904 59,460 Sundry Debtors 112,487 300,407 174,063 419,074 7 - INVENTORIES Merchandise Inventory 93,178 111,371 8 - FINANCIAL ASSETS Shares - at Market Value 6,119,783 7,392,736 Interest Bearing Securities - at Market Value 1,135,659 1,455,903 Unlisted Managed Funds 2,773,747 1,356,719 Investment in Perpetuity 1 1 10,029,190 10,205,359 9 - OTHER ASSETS Prepayments 123,754 71,346 Security Deposits 69,100 67,180 Fundraising Accounts 0 (73,254) 192,854 65,272