Page 72 - BWA Annual Report 2019

WESTERN AUSTRALIAN
BASKETBALL FEDERATION INC.
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR YEAR ENDED 31 DECEMBER 2019
Note 2019 2018 $$
Revenue 3,883,416 Interest 30,418
3,313,067 31,929 228,401 150,542 3,723,939
-1,716,303 -62,063 -7,278 -31,465 -135,091 -297,275 -158,368 -93,274 -374,792 -124,511 -300,000 -759,776 -4,060,196
-336,257 0 -336,257 0 -336,257
VW Financial support Other Income
Total income
Employee benefits expense Depreciation expense
Bad and Doubtful Debt Expense Operating Lease Expense Merchandise Costs
Court Hire
Grants Expenditure
Insurance Costs
Referees
Consultant Fees
Lynx financial contribution
Other expenses from ordinary activities Total expenses
Loss before income tax
Income tax expense
Net loss from ordinary activities Other comprehensive income
Total comprehensive loss for the year
2
64,761 246,367 4,224,962
-2,140,605 -85,290 4,822 -16,342 -116,709 -52,553 -108,880 -105,306 -425,533 -133,976 -300,000 -953,426 -4,433,798
-208,836 0 -208,836 0 -208,836
The accompanying notes form part of these financial statements.
2 1(j)
65 BWA ANNUAL REPORT 2019