Annual Report 2022-2023

Statement of comprehensive income

$’000

FY2019 FY2020 FY2021

FY2022

FY2023

Revenue

Kolling

Kolling & Trust

The Trust

The Trust & the HPC

The Trust & the HPC

Non-bequest income

$7,714

$2,443

$3,936

$3,100

$4,591

Bequest income

$1,708

$3,440

$8,351

$4,673

$6,378

Donations attributed to NSLHD accounts*

$690

$1,459

$969

$450

$68

Total receipted donations

$10,112

$7,342

$13,256

$8,223

$11,037

NSLHD contributions

$900

$900

$900

$900

$900

Other income

$301

$673

$313

$179

$681

$11,313

$8,915

$14,469

$9,302

$12,618

Total income

Expenditure

Transfer of funds and grants to NSLHD

($4,231)

($2,550)

($9,331)

($3,530)

($8,043)

Transfer of funds for research to other

$0

$0

$0

($360)

$0

($735)

($1,098)

($1,208)

($1,773)

($1,730)

Other expenditure

Total expenditure

($735)

($1,098)

($1,208)

($1,773)

$435 ($1,730)

$0

($544)

$516

($488)

Unrealised loss on investment

$4,723

$4,446

$3,151

Surplus for the year (includes donations received by NSLHD)

$6,347

$3,280

We are pleased to report that the NORTH Foundation continues to record a surplus.

31

Made with FlippingBook Digital Proposal Creator