Page 82 - BWA Annual Report 2020 W

WESTERN AUSTRALIAN BASKETBALL FEDERATION INC.
NOTES TO THE FINANCIAL STATEMENTS For the Year Ended 31 December 2020
2. Revenue and Other Income
The Association earned revenue from the following key streams:
2020 2019 $$
Nominations/Admissions 811,948 Merchandise Sales 176,588 Participation Fees 204,348 Registrations 1,106,405
883,993 146,927 194,633 968,274 474,930 779,870 434,789
3,883,416
30,418 64,761
- 81,318
165,049
4,224,962
Stadium/Courthire/Grand Final Income Government Grants
Administration, Affiliation and Referee Fees Total Revenue
Interest Income
VW cleaning contribution Governnment Covid-19 support Donations and sponsorship Other Income
Total Revenue and Other Income
352,776 1,468,472 187,906 4,308,443
22,045 129,523 644,500 641,205
39,307
5,785,023
Included in donations is a one-off donation of $550K from Jack Bendat to assist the Association in running the Lynx women’s basketball team that became the Association’s responsibility since May 2020.
3. Cash and Cash Equivalents
CURRENT
Cash at bank and on deposit Cash on hand
NON CURRENT Security Bond
2020 2019 $$
3,240,947 2,780 3,243,727
-
1,808,600 2,780 1,811,380
150,000
75 | BWA ANNUAL REPORT 2020