Annual Report 2015 Speech Pathology Australia

Statement of Profit or Loss and Other Comprehensive Income for the year ended 31 December 2015

Statement of changes in Equity for the year ended 31 December 2015

Notes Retained earnings Total equity $ $ Balance at 1 January 2014 2,178,624 2,178,624 Profit for the year 249,238 249,238 Other comprehensive income - - Total comprehensive income for the year - - Balance at 31 December 2014 2,427,860 2,427,860 Balance at 1 January 2015 2,427,860 2,427,860 Profit for the year (24,422) (24,422) Other comprehensive income - - Total comprehensive income for the year 2,403,438 2,403,438 Balance at 31 December 2015 2,403,438 2,403,438

Notes 2015 2014 $ $ 5 4,347,393 3,971,343 5 44,494 5,638 11.1 (1,528,945) (1,250,628)

Revenue

Other income

Employee benefits expense

Depreciation expense Amortisation expense

(28,667) (26,908) (7,937) -

Loss on sale of property, plant and equipment Member Services expenses

(4,997) -

(2,516,476) (2,125,725) (326,356) (304,536) (21,491) 269,184

Other expenses

Surplus / (deficit) before income tax

Income tax expense

4.8 (2,931) (19,946)

Surplus / (deficit) for the year Other comprehensive income Other comprehensive income for the period, net of income tax Total comprehensive income / (loss) for the period

(24,422) 249,238

This statement should be read in conjunction with the notes to the financial statements.

- -

Statement of Cash Flows for the year ended 31 December 2015

(24,422) 249,238

Notes 2015 2014 $ $

This statement should be read in conjunction with the notes to the financial statements.

Operating services Receipts from Member Services

Statement of Financial Position

4,760,561 3,757,260

as at 31 December 2015

Payments to members, suppliers and employees (4,170,010) (2,782,162) Net cash provided by operating activities 14 590,551 975,098 Investing activities Purchase of property, plant and equipment (327,481) (10,571) Proceeds from disposals of property, plant and equipment - - Net cash provided by / (used in) Investing activities (327,481) (10,571) Financing activities Proceeds from bank loans - - Net cash from / (used in) financing activities 263,070 964,527 Net change in cash and cash equivalents Cash and cash equivalents, beginning of year 3,867,035 2,902,508 Cash and cash equivalents, end of year 6 4,130,105 3,867,035

Notes 2015 2014 $ $

Assets Current Cash and cash equivalents

6 4,130,105 3,867,035 Trade and other receivables 7 15,186 29,154 Income Tax Receivable 8,451 - Other assets 9 195,315 136,443 Current assets 4,349,057 4,032,632 Non-current Trade and other receivables 7 - - Property, plant and equipment 8 646,492 355,128 Non-current assets 646,492 355,128

Total assets

4,995,549 4,387,761

Liabilities Current Trade and other payables

10 376,710 268,424 11.2 319,492 199,833

Provisions Income Tax

- 2,291

Other liabilities Current liabilities

12 1,865,109 1,464,966

2,561,311 1,935,514

Non-current Provisions

11.2 30,800 24,387

Non-current liabilities

30,800 24,387

This statement should be read in conjunction with the notes to the financial statements.

Total liabilities

2,592,111 1,959,901

Net assets

2,403,438 2,427,860

Equity Retained earnings

2,403,438 2,427,860

Total equity

2,403,438 2,427,860

This statement should be read in conjunction with the notes to the financial statements.

18 2015 ANNUAL REPORT Speech Pathology Australia