Statement of Profit or Loss and Other Comprehensive Income FOR THE YEAR ENDED 30 JUNE 2017
2017
2016
$
$
Revenue
37,829,324
35,627,880
Other income
1,188,350
1,603,127
Interest income
570,461
674,179
Property expenses
(15,079,164)
(14,804,213)
Management services expense
(532)
(91,762)
Consultant expenses
(642,209)
(762,794)
Employee benefits expense
(10,757,396)
(9,084,951)
Operating expenses
(4,396,107)
(3,604,173)
Earnings before tax, interest, depreciation and amortisation (EBTIDA)
8,712,727
9,557,293
Finance costs
(2,913,602)
(2,745,537)
Net operating profit
5,799,125
6,811,756
Depreciation and amortisation expense
(7,402,222)
(6,548,035)
Capital grants received
18,761,377
3,385,110
Net profit before gain arising on business combination
17,158,280
3,648,831
Gain arising on business combination
-
33,997,971
Net profit for the year
17,158,280
37,646,802
Other comprehensive income
21,408,667
15,519,882
Total comprehensive income for the year
38,566,947
53,166,684
55.
The Numbers - Annual Report 2016/17-
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