EN - Business (Report) - Flipbook - Page 25
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 March 2022
NOTE 3. PROFIT / (LOSS) FROM OPERATIONS
2022
2021
$
$
2,000,000
1,650,000
-
1,116,061
104,013
124,563
JobKeeper subsidy received
-
842,400
Cashflow Boost receipts
-
100,000
Recoveries - Labour
-
240,332
93,600
-
38,518
27,503
2,236,131
4,100,859
820,533
1,598,138
18,000
13,000
2,700
3,400
20,700
16,400
12,755
6,919
-
478
12,755
7,397
197,174
127,989
2,323,118
2,158,962
2,520,292
2,286,951
Profit / (loss) from operations includes the following:
REVENUE:
Other Income :
State Government funding
Federal Government funding
Commonwealth Regions Infrastructure Grant
Perth Royal Food Awards Gala 2019
Various minor
EXPENSES
Depreciation expense
Auditor’s remuneration:
Auditing the financial report
Other services
The auditor of the Royal Agricultural Society of Western
Australia is William Buck Audit (WA) Pty Ltd.
Finance costs
Bank fees
Interest expense on lease liability
Employment benefit expense:
Superannuation
Other employment benefits
R A S WA A N N U A L R E P O R T 2 0 2 2
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