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Office of the Australian Accounting Standards Board Annual Report 2019-20

Statements of Comprehensive Income

for the period ended 30 June 2020

		AASB		AUASB
	Notes	2020	2019	2020	2019
		$	$	$	$
EXPENSES
Employee and contractor costs	2, 3A	2,920,102	3,087,380	1,451,894	1,154,131
Supplier expenses	3B	1,146,053	1,598,748	295,941	362,261
Occupancy expenses	2	119,974	308,324	0	0
Depreciation and amortisation	2, 3C	250,633	54,563	0	0
Finance costs		4,452	34	0	0
Management fee paid to AASB	2	0	0	537,542	767,761
Write-down and impairment of assets & losses on sale		226	35,787	0	0
Total expenses		4.441.440	5,084,836	2.285.377	2,284,153
LESS:
OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services		5,596	5,250	0	0
Management fee received from AUASB	2	537,542	767,761	0	0
Resources received free of charge		84,526	193,493	103,263	91,729
Contributions from state and territories		500,000	500,000	0	0
Total own-source revenue		1,127,664	1,466,504	103,263	91,729

Net cost of services & cost of outcome delivery		(3,313,776)	(3,618,332)	(2,182,114)	(2,192,424)
Revenue from Government	4	3,598,000	3,595,000	2,398,000	2,116,000
Surplus/(Deficit) attributable to the Australian Government		284,224	(23,332)	215,886	(76,424)
Total comprehensive surplus/(deficit) attributable to the Australian Government		284,224	(23,332)	215,886	(76,424)

https://www.transparency.gov.au/annual-reports/office-australian-accounting-standards-board/reporting-year/2019-20-31