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Note 3: Revenue

Consolidated

2020

2019

$

$

Note 3A: Revenue from government grants

Grants from Australian Government entities:

Department of Social Services - Food Grant

555,863

1,405,428

Department of Social Services - Food Security

602,239

1,305,453

National Indigenous Australians Agency - Nutrition grant 1

151,490

121,747

Total revenue from government grants

1,309,592

2,832,628

1 - In 2018-19, this grant was provided by the Department of The Prime Minister and Cabinet (PM&C). The Indigenous Affairs Group within PM&C became an Executive Agency within the PM&C portfolio on 1 July 2019, named as the National Indigenous Australians Agency (NIAA).

Note 3B: Rendering of services

Management fees

2,144,793

2,270,086

Accounting fees

1,821,684

1,799,068

Total rendering of services

3,966,477

4,069,154

Note 3C: Interest income

Financial Institutions

39,552

42,523

Loans to Stores

67,397

108,643

Term Deposits

283,254

716,793

Total interest income

390,203

867,959

Note 3D: Distributions received

Managed investments and listed securities

547,278

-

Total distributions received

547,278

-

Note 3E: Rental income

Operating lease:

Residential housing

962

7,790

Total rental income

962

7,790

Operating Leases
The operating lease relates to the lease of a house owned by the Group in Tennant Creek which was disposed in April 2019. The rental income in the current year relates to prior year rent that was not released until the current financial year.

Consolidated

2020

2019

$

$

Note 3F: Store recoveries and charges

Managers Services on-charged

6,912,128

6,816,855

Recoveries from managed stores

1,524,895

1,583,987

Total store recoveries and charges

8,437,023

8,400,842

Note 3G: Rebates

Rebates received

2,726,666

2,615,013

Total rebates received

2,726,666

2,615,013

Note 3H: Other revenue

Commission received

-

5,939

Consultancy fees

278,883

250,825

Sundry income

337,062

243,326

Training government subsidy

120,205

284,668

Total other revenue

736,150

784,758

Note 3I: Gain on disposal of fixed assets

Gain on disposal of fixed assets

134,491

239,192

Total gain on disposal of fixed assets

134,491

239,192

Note 3J: Other gains

Change in fair value through profit or loss 1

20,658

-

Total other gains

20,658

-

1 - Other gains relate to the reversal of the prior year’s change in fair value of the Bardi Ardyaloon loan as the loan was repaid during the current year