STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED JUNE 30
2024 $ 2023 $ RESTATED
Revenue Other income Net gain/(loss) on disposal of asset Property expenses Consultant expenses Employee benefits expenses Operating expenses Finance costs Net operating profit Depreciation and amortisation expense Capital grant income Profit before income tax
104,681,233 5,528,983 184 (45,785,454) (4,836,213) (35,481,056) (7,173,127) (6,570,397 10,364,153 (13,438,684) 49,164,718 46,090,187 442,362 46,532,549
98,203,223 9,939,990 92,529 (54,285,084) (3,114,451) (32,157,153) (6,919,332) (4,935,897) 6,823,825 (12,907,746) 64,189,660 58,105,739 - 58,105,739
Gain on sale of assets Net profit for the year Other comprehensive income Other comprehensive income to be reclassified to profit or loss in subsequent periods: Net change in fair value of financial assets Items that will not be reclassified subsequently to profit or loss: Revaluation of land and buildings Total other comprehensive income/(loss) for the year Total comprehensive income for the year
(11,302)
(1,831)
55,575,516 55,564,214 102,096,763
13,691,161 13,689,330 71,795,069
40 | Housing Choices Australia
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