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Consolidated Statement of Profit or Loss and Other Comprehensive Income

for the year ended 30 June 2019

Consolidated

2020

2019

Continuing Operations

Notes

$

$

Revenue

Revenue from government grants

3A

1,309,592

2,832,628

Rendering of services

3B

3,966,477

4,069,154

Interest income

3C

390,203

867,959

Distributions received

3D

547,278

-

Fair value gain on financial instrument at fair value through profit and loss

6C

-

195,387

Rental income

3E

962

7,790

Store recoveries and charges

3F

8,437,023

8,400,842

Rebates

3G

2,726,666

2,615,013

Other revenue

3H

736,150

784,758

Gain on disposal of fixed assets

3I

134,491

239,192

Gain on disposal of fixed assets

3J

20,658

-

Total Revenue

18,269,500

20,012,723

Expenses

Consulting expenditure

4A

397,980

195,403

Depreciation and amortisation

4B

761,162

618,920

Employee benefits expense

4C

12,847,254

12,356,596

Rental expenses

4D

22,080

249,303

Store grant expenditure (underpinning)

4E

1,156,452

2,709,282

Administrative expenditure

4F

3,291,452

3,268,647

Other grant expenditure

4G

153,140

123,347

Finance costs

4H

83,426

-

Fair value loss on financial instrument at fair value through profit and loss

4I

354,973

-

Loss on sale of investments

4J

1,039

-

Total Expenses

19,068,958

19,521,498

(Loss)/Profit before income tax from continuing operations

(799,458)

491,225

Income tax benefit /(expense)

5A

260,660

(148,881)

(Loss)/profit after income tax from continuing operations

(538,798)

342,344

Loss before income tax for the year from discontinued operations

(365,424)

(124,576)

Income tax benefit from discontinued operations

5A

119,578

69,956

Loss for the year from discontinued operations

18

(245,846)

(54,620)

Total comprehensive (loss)/income

(784,644)

287,724

(Loss)/profit for the year attributable to: Owners of the Company

(784,644)

287,724

Total comprehensive (loss)/income for the year attributable to:

Owners of the Company

(784,644)

287,724

The above statement should be read in conjunction with the accompanying notes.