Page 67 - BWA 2021 ANNUAL REPORT

WESTERN AUSTRALIAN BASKETBALL FEDERATION INC.
Statement of profit or loss and other comprehensive income
for the year ended 31 December 2021
Continuing operations
Revenue Other income
Employee benefits expense
Bad and doubtful debts (recovered) / expense Consultant fees
Court hire
Depreciation and amortisation
Grants expenditure
Insurance costs
Merchandise costs
NBL1 Expenses
Referee costs
Rent expense
Other expenses
Net profit for the year
Other comprehensive income, net of income tax
◼ Items that will not be reclassified subsequently to profit or loss ◼ Items that may be reclassified subsequently to profit or loss:
Other comprehensive income for the year, net of tax Total comprehensive income for the year
Note
1.1 1.2
2.1
4,308,443 1,476,580
5,785,023
(2,821,533) 323
(135,996) (51,501) (70,471) (54,582)
(106,434) (230,834)
- (278,049) (8,710) (970,475)
1,056,761
- -
- 1,056,761
5,446,073 331,148
5,777,221
(2,948,101) (2,622) (245,062) (153,898) (78,988) (38,775) (128,086) (181,355) (61,608) (439,808) (13,369) (1,260,719)
224,830
224,830
- -
-
The statement of profit or loss and other comprehensive income is to be read in conjunction with the accompanying notes.
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2021 $
2020 $
BWA ANNUAL REPORT 2021 | 67